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SEMPRA ENERGY

(SRE)
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Sempra Energy :'s IEnova Unit To Report Second-Quarter 2020 Earnings July 22

07/02/2020 | 10:24am EDT

Sempra Energy's (NYSE: SRE) Mexican subsidiary, Infraestructura Energetica Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA), plans to release its second-quarter 2020 earnings by 6 p.m. ET, July 22, in advance of a conference call with IEnova executives at 11 a.m. ET, July 23.

Briefing materials also will be posted by 6 p.m. ET, July 22, on IEnova's website, www.ienova.com.mx.

Investors, media, analysts and the public may listen to a live webcast of the conference call on IEnova's website, by clicking on the appropriate audio link. For those unable to obtain access to the live webcast, the conference call will be available on replay a few hours after its conclusion on the company's website, or by dialing 001-855-859-2056 and entering passcode 5667515#.

About IEnova

IEnova develops, builds and operates energy infrastructure in Mexico. As of the end of 2019, the company has 1,300 employees and approximately $9.6 billion dollars in total assets, making it one of the largest private energy companies in the country. IEnova was the first energy infrastructure company to be listed on the Mexican Stock Exchange.

About Sempra Energy

Sempra Energy's mission is to be North America's premier energy infrastructure company. With more than $60 billion in total assets in 2019, the San Diego-based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 18,000 employees deliver energy with purpose to over 35 million consumers. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in sustainability, and diversity and inclusion, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. The company was also named one of the 'World's Most Admired Companies' for 2020 by Fortune Magazine.

Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor), and Infraestructura Energetica Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the California Public Utilities Commission.

Contact:

Tel: (877) 736-7727

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
INFRAESTRUCTURA ENERGÉTICA NOVA, S.A.B. DE C.V. -0.58% 79.39 End-of-day quote.2.35%
SEMPRA ENERGY 0.50% 138.46 Delayed Quote.8.13%
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Financials (USD)
Sales 2021 12 110 M - -
Net income 2021 2 369 M - -
Net Debt 2021 26 816 M - -
P/E ratio 2021 17,3x
Yield 2021 3,19%
Capitalization 41 920 M 41 920 M -
EV / Sales 2021 5,68x
EV / Sales 2022 5,68x
Nbr of Employees 14 706
Free-Float 92,9%
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 151,13 $
Last Close Price 138,46 $
Spread / Highest target 25,7%
Spread / Average Target 9,15%
Spread / Lowest Target -4,67%
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Managers and Directors
NameTitle
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
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