Sempra Energy (SRE, Financial) experienced a significant stock price decline of 5.00%. The stock is currently priced at $78.68 per share, with a trading volume of 3.648 million shares and a turnover rate of 0.58%. The stock's amplitude reached 4.54%.
Recent financial reports indicate that Sempra Energy achieved a revenue of $2.678 billion, a net profit of $649 million, and earnings per share of $1.01. The gross profit was reported at $549 million, with a price-to-earnings ratio of 17.34.
Regarding institutional ratings, out of 21 institutions, 76% recommend buying the stock, 19% suggest holding, and 5% advise selling.
Within the utilities sector, which saw an overall decline of 2.14%, Sempra Energy was notably active alongside companies like Avista and AES Corporation. Sempra Energy's turnover rate was 0.58%, and it had an amplitude of 4.56%. Other stocks in the sector with significant movements include Montauk Renewables, Inc., with an amplitude of 5.65%.
Sempra Energy serves one of the largest utility customer bases in the U.S., distributing natural gas and electricity in Southern California and holding an 80% stake in Texas's Oncor. It also operates LNG facilities in North America and infrastructure in Mexico through Sempra Infrastructure Partners.
