Sempra Energy's Cameron LNG Delay Isn't Getting in the Way of Earnings
If I were to tell you that Sempra Energy (NYSE: SRE) announced it expects its Cameron LNG facility to be delayed by up to a year, I guess you would think that the company's stock would drop. The company did just that in its most recent earnings report, but its stock increased.
How was this possible? Let's take a look at Sempra's most recent earnings results and see what the company did to make investors overlook this major project delay.
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Source: Fool.com
Sempra Energy Stock
€75.92
0.480%
We see a rather positive sentiment for Sempra Energy with 17 Buy predictions and 2 Sell predictions.
As a result the target price of 77 € shows a slightly positive potential of 1.42% compared to the current price of 75.92 € for Sempra Energy.
