US utility Sempra's profit falls 17% in first quarter [Yahoo! Finance]
DBA Sempra (SRE)
Last dba sempra earnings: 2/27 06:55 am
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Source: Yahoo! Finance
Sempra, which caters to nearly 40 million customers in areas including California, Texas and Mexico, said revenue from its natural gas utilities more than halved to $2.11 billion from the year earlier. Profit at the company's California unit dropped 5.8%, while its electric sales fell to 935 million kilowatt hours (kWh) from 1.6 billion kWh a year ago. Sempra Infrastructure, the company's unit that develops, invests and operates clean energy infrastructure, reported a 58% fall in its quarterly earnings. But the Texas unit posted a more than twofold jump in its profit during the quarter. The company said Sempra Texas "continues to see broad economic expansion across its service territory with notable growth in residential, commercial and industrial development, including development of digital infrastructure such as data centers and microchip and semiconductor manufacturing facilities". Utilities are expecting to benefit from a boom in electricity demand driven by data cente
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SRE
Earnings
- 5/7/24 - Miss
SRE
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/15/24 - Form 4
- SRE's page on the SEC website