Oak Thistle LLC Acquires Stake in Sempra Energy, SEC Filings Reveal
May 2, 2023
Trending News ☀️
On April 29, 2023, Oak Thistle LLC announced that it had acquired a stake in Sempra ($NYSE:SRE) Energy, as reported by the Securities & Exchange Commission. The company is engaged in the development, construction, management and operation of natural gas infrastructure, as well as the trading of natural gas, electricity and other energy-related commodities. Sempra also owns and operates energy utilities in the United States and abroad, as well as gas storage, solar power and energy trading companies.
The exact size of Oak Thistle LLC’s stake in Sempra Energy is not yet known, though SEC filings indicate that the stake is significant. Nevertheless, this acquisition marks an important new development in the energy sector and could potentially have significant implications for Sempra’s future.
Market Price
On Monday, Oak Thistle LLC revealed in a filing with the U.S Securities and Exchange Commission (SEC) that it had acquired a stake in Sempra Energy, a San Diego-based energy company. Upon the filing’s release, SEMPRA stock opened at $155.2 and closed at $156.5, an increase of 0.6% from the prior closing price of 155.5. This transaction marks Oak Thistle LLC’s first acquisition in the energy sector. It remains to be seen what impact their stake in Sempra Energy will have on the company’s future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sempra. More…
| Total Revenues | Net Income | Net Margin |
| 14.44k | 2.09k | 15.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sempra. More…
| Operations | Investing | Financing |
| 1.14k | -5.04k | 3.78k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sempra. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 78.57k | 49.32k | 86.42 |
Key Ratios Snapshot
Some of the financial key ratios for Sempra are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.1% | -0.9% | 16.6% |
| FCF Margin | ROE | ROA |
| -29.2% | 5.5% | 1.9% |
Analysis
GoodWhale provides a comprehensive analysis of SEMPRA’s fundamentals, enabling investors to make informed decisions. Our Risk Rating indicates SEMPRA is a medium risk investment when considering both financial and business aspects. Additionally, GoodWhale has detected 1 risk warning in SEMPRA’s income sheet. If interested, we encourage you to register on goodwhale.com and take a look at the warning. With GoodWhale’s analysis, investors can feel confident about investing in SEMPRA. Sempra_Energy_SEC_Filings_Reveal”>More…
Peers
Sempra Energy is a Fortune 500 energy services holding company based in San Diego, California. The Sempra Energy companies’ 15,000 employees serve approximately 32 million consumers worldwide. Sempra Energy’s utilities, San Diego Gas & Electric (SDG&E) and Southern California Gas Company (SoCalGas), are regulated by the California Public Utilities Commission. Sempra Energy’s other businesses include Sempra Commodities, Sempra Generation and Sempra LNG.
– Atmos Energy Corp ($NYSE:ATO)
Atmos Energy Corporation is an American natural gas and electricity company headquartered in Dallas, Texas. The company’s operations include natural gas production, transmission and distribution, as well as electricity generation and distribution. As of December 31, 2020, Atmos Energy Corporation operated in 11 states and served approximately 3.6 million natural gas and electricity customers.
Atmos Energy Corporation’s market capitalization is $14.27 billion as of 2022. The company’s return on equity is 6.28%.
Atmos Energy Corporation is one of the largest natural gas and electricity companies in the United States. The company is headquartered in Dallas, Texas and operates in 11 states. As of December 31, 2020, Atmos Energy Corporation served approximately 3.6 million natural gas and electricity customers.
– REN-Redes Energeticas Nacionais Sgps SA ($LTS:0KBT)
REN-Redes Energeticas Nacionais Sgps SA is a Portugal-based holding company engaged in the electricity and gas sector. The Company operates in three segments: Gas and Electricity Transmission, Distribution and Supply, and Renewable Energy. The Gas and Electricity Transmission segment includes the transport of electricity and natural gas through high-voltage lines and pipelines, respectively. The Distribution and Supply segment handles the distribution of electricity and natural gas to end customers, as well as the resale of energy to energy suppliers. The Renewable Energy segment focuses on the generation of electricity from renewable sources, such as wind, solar and hydro power. As of December 31, 2011, REN-Redes Energeticas Nacionais SGPS SA operated through a network of 12,955 kilometers of high voltage lines and 8,290 kilometers of pipelines.
– Alliant Energy Corp ($NASDAQ:LNT)
Alliant Energy Corp is a utility company that generates and distributes electric and natural gas services to customers in the Midwest region of the United States. As of 2022, the company had a market capitalization of $12.63 billion and a return on equity of 9.62%. Alliant Energy Corp is headquartered in Madison, Wisconsin.
Summary
Sempra Energy recently saw the acquisition of a new position in their company from Oak Thistle LLC on April 29th, 2023. This development has sparked increased interest from investors who are now looking to carry out further analysis on the stock. Analysts have noted that Sempra Energy has a reliable and consistent track record, with a strong balance sheet and robust cash flow.
This, along with the company’s demonstrated ability to deliver returns to shareholders, has made the stock increasingly attractive to investors. With this in mind, it is likely that investors will be closely monitoring future developments at Sempra Energy in order to determine whether or not they should make an investment in this stock.
Related Posts
Recent Posts
