Sempra Energy's most recent trend suggests a bullish bias. One trading opportunity on Sempra Energy is a Bull Put Spread using a strike $135.00 short put and a strike $125.00 long put offers a potential 8.7% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $135.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $9.20 would be incurred if the stock dropped below the $125.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Sempra Energy is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Sempra Energy is bullish.
The RSI indicator is at 71.11 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Sempra Energy
SoCalGas to Partner with SunLine Transit Agency to Test Innovative Technologies that Reduce Cost of Hydrogen Production
Wed, 21 Apr 2021 16:17:00 +0000
Southern California Gas Co. (SoCalGas) announced today it will demonstrate a groundbreaking technological combination that will produce hydrogen from renewable natural gas (RNG) at SunLine Transit Agency's hydrogen fueling station in Thousand Palms, California. The research project, called “H2 SilverSTARS,” will produce renewable hydrogen to fuel SunLine's fleet of 17 hydrogen fuel cell electric buses and support further expansion. The combination of new technologies will make it possible to provide renewable hydrogen made from RNG at natural gas fueling stations—or any location near a natural gas pipeline. The goal is to produce emissions-free renewable hydrogen for fuel cell electric cars and other vehicles at a price competitive with gasoline. Photos and video of the SunLine buses and a diagram of the STARS technology are available here.
SoCalGas and H2U Technologies Partner to Test New Technology that May Make Green Hydrogen at Dramatically Lower Cost
Tue, 20 Apr 2021 17:24:00 +0000
As hydrogen gains momentum as an important tool to address climate change, Southern California Gas Co. (SoCalGas) announced today it will partner with H2U Technologies, Inc. to conduct demonstration testing of a new, less expensive type of PEM electrolyzer, a device that produces green hydrogen from water and renewable electricity. According to early analysis by H2U Technologies, the cost target of the new technology is half that of current PEM electrolyzers and total cost of ownership over its life is expected to be 75% less. The announcement follows SoCalGas' recent commitment to achieve net zero carbon emissions in its operations and delivery of energy by 2045 and to invest in initiatives to decarbonize, diversify, and digitalize its business.
Top Utilities Stocks for May 2021
Tue, 20 Apr 2021 16:59:27 +0000
The utilities sector is made up of companies that provide electricity, natural gas, water, sewage, and other services to homes and businesses. Utilities stocks, as represented by the Utilities Select Sector SPDR ETF (XLU), have significantly underperformed the broader market over the past year. XLU has provided a total return of 14.7% over the past 12 months, less than one third of the Russell 1000's total return of 52.2%, as of April 16.
SDG&E Pledges To Reach Net Zero GHG Emissions By 2045
Mon, 19 Apr 2021 10:55:00 +0000
Building on the sustainability strategy it released last October and its pledge to reach net zero greenhouse gas (GHG) emissions by 2045, San Diego Gas & Electric (SDG&E) announced it is developing two hydrogen pilot projects, nearing completion of an additional battery storage facility and will break ground on another, and launching a vehicle-to-grid pilot program featuring six electric school buses, among other efforts.
T Rowe Price Equity Income Fund's Top 4 1st-Quarter Trades
Fri, 16 Apr 2021 22:23:07 +0000
Fund's new buys include Berkshire bank holding Bank of New York Mellon
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