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Sempra (SRE) Stock News, Apr-May 2023

SRE OTC

Sempra reports developments for a North American energy infrastructure company centered on regulated utility networks in California and Texas. Recurring news includes Sempra earnings, operational and financial results from Oncor, and updates from Southern California Gas Company and San Diego Gas & Electric on natural gas delivery, underground storage, grid reliability, customer affordability and energy resilience.

Company updates also cover utility capital plans, rate and regulatory mechanisms, customer growth, preferred dividend actions at SoCalGas, and capital-structure activity tied to financing energy infrastructure across Sempra's utility businesses.

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Southern California Gas Co. (SoCalGas) announced a collaboration with GTI Energy to investigate hydrogen blending in commercial and industrial processes, targeting emissions reduction and achieving net-zero goals. The project, funded with $752,000 from SoCalGas and a prior $1.77 million grant from the California Energy Commission, aims to assess the feasibility of using up to 100% hydrogen blended with natural gas in hard-to-electrify sectors such as steelmaking and agriculture. Neil Navin, SoCalGas's chief clean fuels officer, emphasized the importance of this initiative in decarbonizing heavy industries. The initiative is part of SoCalGas's broader strategy to foster clean energy solutions, including the proposed Angeles Link hydrogen pipeline, which has received CPUC approval for cost-tracking. This project is expected to contribute significantly to California's energy transition.

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FAQ

What is the current stock price of Sempra (SRE)?

The current stock price of Sempra (SRE) is $78.38 as of October 3, 2026.

What is the market cap of Sempra (SRE)?

The market cap of Sempra (SRE) is approximately 51.3B.