Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United States
  4. Nyse
  5. Sempra
  6. News
  7. Summary
    SRE   US8168511090

SEMPRA

(SRE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Sempra Energy : Declares Common And Preferred Dividends

06/15/2021 | 07:10am EDT

June 15, 2021

Sempra Energy Declares Common And Preferred Dividends

SAN DIEGO, June 15, 2021/PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that its board of directors has declared a $1.10per share quarterly dividend on the company's common stock, which is payable July 15, 2021, to common stock shareholders of record at the close of business on July 7, 2021.

Sempra Energy's board of directors also declared a quarterly dividend of $1.6875 per share on the company's 6.75% Mandatory Convertible Preferred Stock, Series B, which is payable July 15, 2021, to preferred stock shareholders of record at the close of business on July 1, 2021.

About Sempra Energy

Sempra Energy's mission is to be North America'spremier energy infrastructure company. The Sempra Energy family of companies have more than 19,000 talented employees who deliver energy with purpose to over 36 million consumers. With more than $66 billionin total assets at the end of 2020, the San Diego-based company is the owner of one of the largest energy networks in North Americaserving some of the world's leading economies. The company is helping to advance the global energy transition by enabling the delivery of lower-carbon energy solutions in each market it serves, including California, Texas, Mexicoand the LNG export market. Sempra Energy is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture including safety, workforce development and training, and diversity and inclusion. Sempra Energy is the only North American utility sector company included on the Dow Jones Sustainability World Index and was also named one of the 'World's Most Admired Companies' for 2021 by Fortune Magazine. For additional information about Sempra Energy, please visit Sempra Energy's website at www.sempra.com and on Twitter @SempraEnergy.

This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

In this press release, forward-looking statements can be identified by words such as 'believes,' 'expects,' 'anticipates,' 'plans,' 'estimates,' 'projects,' 'forecasts,' 'should,' 'could,' 'would,' 'will,' 'confident,' 'may,' 'can,' 'potential,' 'possible,' 'proposed,' 'in process,' 'under construction,' 'in development,' 'target,' 'outlook,' 'maintain,' 'continue,' or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: Californiawildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, Public Utility Commission of Texas, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexicoand other countries in which we do business; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; the impact of the COVID-19 pandemic on our capital projects, regulatory approval processes, supply chain, liquidity and execution of operations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California, and the impact of volatility of oil prices on our businesses and development projects; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal of natural gas from storage facilities, and equipment failures; cybersecurity threats to the energy grid, the storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control.

These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on the company's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the Californiautilities, SDG&E or SoCalGas, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC.

SOURCE Sempra Energy

Media Contact: Kelli Mleczko, Sempra Energy, (877) 340-8875, media@sempra.com; Financial Contact: Lindsay Gartner, Sempra Energy, (877) 736-7727, investor@sempra.com

Category

Sempra Energy,Financial News

Disclaimer

Sempra Energy published this content on 15 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 11:09:07 UTC.


© Publicnow 2021
All news about SEMPRA
07/28SEMPRA : SoCalGas Partners with Sierra Northern Railway to Fund Development of H..
PR
07/28SoCalGas, Sierra Northern Railway Working on Hydrogen Fuel Cell Locomotive
DJ
07/27SEMPRA : SoCalGas Aims to Advance Transformative Hydrogen Technologies via U.S. ..
AQ
07/27SEMPRA : LNG And PGNiG Sign MOU For LNG Capacity From North American LNG Portfol..
PU
07/26SEMPRA : SoCalGas Aims to Advance Transformative Hydrogen Technologies via U.S. ..
PR
07/22SEMPRA : BP sends first carbon-offset LNG cargo to ECA terminal in Mexico
AQ
07/20SEMPRA : Morgan Stanley Adjusts SunPower's Price Target to $155 from $158, Keeps..
MT
07/16SEMPRA : to Report Second-Quarter 2021 Earnings August 5
AQ
07/15SEMPRA : Oncor To Release Second Quarter 2021 Results August 5
PR
07/12SEMPRA : SoCalGas and SDG&E Recognized on Nationwide List of 100 Best Places to ..
PR
More news
Financials (USD)
Sales 2021 12 050 M - -
Net income 2021 2 471 M - -
Net Debt 2021 24 902 M - -
P/E ratio 2021 16,4x
Yield 2021 3,33%
Capitalization 40 095 M 40 095 M -
EV / Sales 2021 5,39x
EV / Sales 2022 5,43x
Nbr of Employees 14 706
Free-Float 93,1%
Chart SEMPRA
Duration : Period :
Sempra Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SEMPRA
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 132,43 $
Average target price 149,81 $
Spread / Average Target 13,1%
EPS Revisions
Managers and Directors
Jeffrey Walker Martin Chairman, Co-President & Chief Executive Officer
Kevin Christopher Sagara Group Co-President & Executive Vice President
Trevor Ian Mihalik Chief Financial Officer & Executive Vice President
Eric G. Trapp Vice President-Security & Technology
William D. Jones Lead Independent Director
Sector and Competitors
1st jan.Capi. (M$)
SEMPRA3.94%40 095
NATIONAL GRID PLC6.83%46 041
ELECTRICITÉ DE FRANCE-18.88%39 256
ENGIE-7.35%33 328
E.ON SE14.43%32 403
PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED8.18%31 856