Stock Pulse
Sempra (SRE) announced plans to sell its Mexican energy assets, including Ecogas Mexico and a minority stake in Sempra Infrastructure, to fund its $56 billion five-year capital expenditure plan focused on US utilities. [2], [4] This strategic divestment aims to simplify the company's business, reduce reliance on future equity issuances, and potentially improve its credit rating and earnings per share. [2], [4] Despite a recent 8% stock drop attributed to broader market volatility and trade tensions, [1] the asset sale is viewed positively and is expected to close within 12-18 months. [2] While Jim Cramer criticized Sempra's recent performance, [6] the company declared regular quarterly dividends for its preferred stock, demonstrating financial stability. [5] A recent SEC filing detailed a minor update to a board director candidate's biography, with no material impact. [7]