Sempra Energy
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Utilities : Multi-Utilities | Large Cap Value
Company profile

Sempra Energy is an energy infrastructure company. The Company invests in, develops and operates energy infrastructure, and provides electric and gas services to customers through regulated public utilities. The Company’s segments are San Diego Gas & Electric Company (SDG&E), Southern California Gas Company (SoCalGas), Sempra Texas Utilities, Sempra Mexico, and Sempra Liquefied Natural Gas (LNG). SDG&E provides electric services and natural gas services. SoCalGas owns and operates a natural gas distribution, transmission and storage system that supplies natural gas. Sempra Mexico segment includes energy infrastructure business. Sempra LNG develops, builds, operates and invests in natural gas liquefaction export facilities, including natural gas pipelines and infrastructure, and buys, sells and transports natural gas through its marketing operations, all within North America. Sempra Texas Utilities includes its investment in Oncor Holdings.

Closing Price
$131.17
Day's Change
0.91 (0.70%)
Bid
--
Ask
--
B/A Size
--
Day's High
131.39
Day's Low
130.31
Volume
(Light)
Volume:
556,213

10-day average volume:
1,278,128
556,213

SeaWorld posts narrower-than-expected Q1 loss as revenue tops estimates

6:47 am ET May 6, 2021 (MarketWatch)
Print

SeaWorld Entertainment Inc. (SEAS) said Thursday it had net loss of $44.9 million, or 57 cents a share, in the first quarter, narrower than the loss of $56.5 million, or 72 cents a share, posted in the year-earlier quarter. Revenue rose to $171.9 million from $153.6 million. The FactSet consensus was for a loss of 78 cents and revenue of $121.0 million. The theme park operator said the revenue number was down 21.2% from the first quarter of 2019, before the coronavirus pandemic shuttered parks. Total revenue per capital rose 17.2% to $77.63 from the first quarter of 2020. As of March 31, SeaWorld had about $431 million of cash and about $312 million available on a revolving credit facility. Ten of its 12 parks were open with capacity limitations. "Attendance trends have improved relative to 2019 during the first quarter of 2021, which included a slight benefit from an earlier Easter/Spring Break period when compared to the first quarter of 2019," Chief Executive Marc Swanson said in a statement. "We are encouraged by our guests desire to visit and spend at our parks and believe this is a good indicator for expected demand during our peak summer season." Shares were not active premarket but have gained 68% in the year to date, while the S&P 500 has gained 11%.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

May 06, 2021 06:47 ET (10:47 GMT)

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