Will Cameron LNG Make or Break Sempra Energy?

Sempra Energy (NYSE: SRE) was among the first wave of US companies that applied to federal regulators to build projects that liquefy and export natural gas following the shale gas boom of the 2000s. Its Cameron LNG project in Louisiana has encountered some problems since then, but are they serious enough for investors to consider steering clear of Sempra as an investment?

Cameron LNG is a massive project in terms of both size and cost. The first phase of three phases of Cameron, known as Train One, started operating in August and cost roughly $10 billion to construct. But even with that type of capital expended, the project represents only a small fraction of what Sempra does. San Diego-based Sempra is a utility holding company with more than US$60 billion in assets, including electric and gas distribution in the US and South America, and it's the 10th largest utility stock in the US. The company has a market capitalization over US$41 billion and posted more than $11 billion in revenue for 2018.

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Source Fool.com