Sempra Energy (NYSE:SRE)
CAPS Rating:
The Company is a Fortune 500 energy services holding company. Its business units provide electric, natural gas and other energy products and services to its customers.
The Company is a Fortune 500 energy services holding company. Its business units provide electric, natural gas and other energy products and services to its customers.
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This company has a LNG plant in place and they are (importing) gas. They could very easly start (exporting) LNG at the very same plant. Gas is cheap in the U.S. and their pipe points into the PACIFIC OCEAN. I wonder when they will start exporting? When they do (BOOM),this stick will go off like a gas charged rocket. Does anybody else have such a pipe in place. Answer to that,not in my back yard.