SRE will be one of the first 4 natural gas exporters via their Baja terminal conversion with cross-border pipeline infrastructure already in place.... seems to be a good, well run company liked by value line. Don't own it though, lol. Bought AVA this AM, but SRE
is on my list on any further sell off, likely not tomorrow after the APPLE blowout.
This AM the U.S. DOE authorized Cameron LNG, a subsidiary of SRE, to export LNG, encouraging U.S. natural gas companies to send their resources overseas. The export permit is only the third awarded in the U.S., and will allow the natural gas distributor to ship up to 1.7 bcf per day of LNG to countries possessing free-trade agreements with the U.S.
Sempra
has a large commitment to green energy that will hopefully
ensure dividends into the future. Despite being at it's high, Sempra
offers cheap price-to-earnings and price/earnings-to-growth ratios. Gross margin of 31.39% and operating margin of 17.26% are both better than its peers as well. With $802 million flowing into Sempra
during 2010, this company has plenty of cash to pay out future dividends, and has a low payout ratio.
I DO own MAIN, and so far have no complaints. |
