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Sempra

All articles tagged with #sempra

business3 months ago

Sempra Sells $10 Billion Stake in Infrastructure Unit to Fuel Growth and Expansion

Sempra announced strategic actions including selling a 45% stake in Sempra Infrastructure Partners for $10 billion, which enhances its financial strength and supports its goal of becoming a leading U.S. utility growth business. The company also reached a final investment decision for Port Arthur LNG Phase 2, with commercial operations expected in 2030-2031, and updated its EPS guidance for 2025 and 2026.

stock-market2 years ago

Cramer's Lightning Round: Evaluating Hype and Trends in C3.ai, Carrier Global, and Fintech

Jim Cramer provides his analysis on several stocks in the lightning round. He expresses skepticism towards C3.ai due to a bad quarter and excessive hype. He agrees with the positive outlook for Micron but cautions about the presence of hot money. Cramer advises against investing in Jack Henry & Associates, citing the current state of the service bureau business for financials and banks. He considers Biohaven a speculative investment with high risk. Cramer praises Sempra's performance and expresses interest in buying more shares. He views Chart Industries as a well-performing company with a strong book of business.