Report
Andrew Bischof
EUR 100.00 For Business Accounts Only

Important 2019 California Regulatory Schedule for Sempra

We are maintaining our $125 per share fair value estimate and stable, narrow moat ratings for Sempra Energy after the company reported first-quarter 2019 earnings per share of $1.59 compared with $1.33 in the same year-ago period. Management reaffirmed its $5.70-$6.30 earnings guidance range. Sempra is increasing the dividend 8% in 2019. We expect dividend increases of 11% once Cameron comes on line.
Sempra has a busy California regulatory schedule. Sempra Energy recently filed its cost of capit...
Underlying
Sempra Energy

Sempra Energy is an energy-services holding company. The company's segments are: San Diego Gas & Electric Company, which provides electric services and natural gas services in Southern California; Southern California Gas Company, which owns and operates a natural gas distribution, transmission and storage system that supplies natural gas in Southern California and portions of central California; Sempra Texas Utilities, which includes Oncor Electric Delivery Company LLC that provides electricity to consumers; Sempra Mexico, which develops, owns and operates, or holds interests in, energy infrastructure in Mexico; and Sempra LNG, which develops projects for the export of liquefied natural gas.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Bischof

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