Sempra Energy Rides on Investments Amid Restoration Expense Risk
Sempra(SRE) ZACKS·2024-11-21 23:06
Sempra Energy (SRE) benefits from systematic investments that will enhance the reliability of its operations, allowing it to serve its customers more efficiently. The company is also expanding its liquid natural gas (LNG) operations to strengthen its footprint in the U.S. LNG market. However, this Zacks Rank #3 (Hold) company faces risks like unfavorable valuation and vulnerability to dismal weather events, which act as a headwind.Tailwinds Favoring SRE Sempra has a capital investment plan of $40.4 billion ...