Comments for SRE - Stockpickr! Your Source for Stock Ideas

Comments for SRE

Added By	Comments	Type	Date Added
Stockpickr Staff	<a href="http://pjava.thestreet.com/story/10486948/1/solar-stock-winners-and-losers-first-solar.html" target="_blank">Read more here.</a>	Love	April 16, 2009
Sharly2	Low dividends	Hate	August 22, 2008
High Dividends	9%	Love	May 24, 2008
sarah z	From a recent Mad Money show: "This is a company that was spun off and is a fantastic natural gas play. I love this group!"	Love	April 27, 2008
sarah z	San Diego's energy services holding company said it initiated a $1 billion buyback plan. Sempra Energy and The Royal Bank of Scotland (RBS) teamed up to form a commodities-marketing joint venture and will use the proceeds, which total over $1 billion, from the RBS transaction to finance the buyback. The buyback, which is expected to be completed in the fourth quarter of 2008, is the initial portion of the company's plan to repurchase between $1.5 billion and $2 billion in common stock. The company, which has over 29 million consumers worldwide, also increased the divided by 9% to $1.40 a share from $1.28 a share. Sempra plans to maintain a dividend payout ration between 35% and 40% of net income. Another bullish note for Sempra Energy is that analysts at UBS upgraded the stock to buy from neutral and increased their target price from $58.50 to $64. In a report the analysts mention attractive valuation and short and long term catalysts coming from the completion of the RBS-Sempra joint venture. UBS also said the company has the ability to further rebalance its capital structure after 2010. Analysts at Wachovia also reiterated their outperform rating on the stock and said that impressive long-term earnings growth provides a cushion for unexpected events, which are not uncommon in the natural gas industry. Wachovia sees the stock trading between $65 and $68. On top of all the positive news, Sempra's fourth-quarter net income more than doubled to $298 million or $1.10 a share, from $125 million, or 47 cents a share, a year ago. The substantial jump is due to a turnaround in an Argentine-based pipe-line that had major problems last year. Revenue for the full year fell to $11.4 billion from $11.8 billion. So we have a buyback, solid earnings, an upgrade and increased price targets, and two legendary investors into the stock. That’s a solid foundation for this stock to take off.	Love	April 09, 2008
dellarrin	lived in their service area	Love	November 20, 2007
Elad6969	Same Reason	Love	September 20, 2007
ineed$4pets	deciding wheter to take profit	Love	June 28, 2007
arnabdgp	Prospect to form MLP with asset dropdowns	Love	June 04, 2007
ADeVries	Significantly undervalued LNG/ pipeline assets, no credit for trading business and business profile that scares away PMs. M&A could change all of that. Smart mgt team. Absurdly low P/E ratio and EV/EBITDA, reflects no credit for trading business that has very strong track record.	Love	January 03, 2007