Sempra Outperforms on a Day When the Market Falls

Trending News 🌥️

Sempra Stock Fair Value – Sempra ($NYSE:SRE) Energy is a Fortune 500 company that owns and operates electric and gas utilities throughout the United States and Mexico. On a day when the S&P 500 Index fell 0.7%, Sempra stock still outperformed its competitors, slipping only 2.12% to $154.08. Even though the market was down for most of the day, Sempra was able to hold its own and finish the day in positive territory.

This is just one example of how Sempra has been able to outperform its competitors in recent years. The company has a strong track record of financial stability and growth, which has helped it weather economic downturns and emerge as a leader in the energy sector.

Stock Price

On a day when the market falls, Sempra outperforms. At the time of writing, news sentiment is mostly positive, and on Friday, SEMPRA stock opened at $156.2 and closed at $157.8, up 2.4% from the prior closing price of $154.1. This is a positive sign for the company, which has been underperforming in recent months.

VI Analysis – Sempra Stock Fair Value Calculator

SEMPRA‘s fundamentals reflect its long term potential, and the company’s VI app makes it easy to analyse this data. The fair value of SEMPRA shares is around $154.5, calculated by VI Line. However, the stock is currently trading at $157.8, which is a fair price that is overvalued by 2%.

VI 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 is a diversified energy services holding company based in San Diego, California. Its subsidiaries include Sempra Renewables, Sempra LNG, Sempra Utilities, Sempra Mexico and Infraestructura Energética Nova, S.A. de C.V. (IEnova). Sempra Energy’s businesses focus on the generation, transmission and distribution of electricity and the delivery of natural gas. The company’s renewable energy subsidiary, Sempra Renewables, owns and operates wind, solar and battery storage projects across North America.

Sempra LNG is engaged in the development, commercialization and operation of liquefied natural gas (LNG) projects around the world. IEnova is Sempra Energy’s Mexican subsidiary that develops, builds, owns and operates energy infrastructure in Mexico.