Best Gas Utility Companies To Invest In Right Now

Best Gas Utility Companies To Invest In Right Now: Sempra Energy(SRE)

Sempra Energy, together with its subsidiaries, develops new energy infrastructure, operates utilities, and provides energy-related products and services worldwide. It operates in six segments: SDG&E, SoCalGas, Sempra Generation, Sempra Pipelines & Storage, Sempra LNG (liquefied natural gas), and Sempra Commodities. The SDG&E segment has electric and natural gas franchises that locate, operate, and maintain facilities for the transmission and distribution of electricity and natural gas to residential, commercial, industrial, street and highway lighting, and direct access customers. The SoCalGas segment has natural gas franchises that locate, operate, and maintain facilities for the transmission and distribution of natural gas to electric generation, wholesale, large commercial, industrial, and enhanced oil recovery customers. The Sempra Generation segment involves in the generation and wholesale distribution of electricity through a fleet of natural gas-fired power generati on facilities in Arizona, Nevada, and Indiana, as well as Mexico with a total capacity of 2,513 megawatts. The Sempra Pipelines & Storage segment operates 1,883 miles of distribution pipelines, 224 miles of transmission pipelines, and 3 compressor stations in Mexico; operates Mobile Gas, a natural gas distribution utility located in Mobile and Baldwin counties in Alabama; and operates natural gas storage facilities in Washington County of Alabama and Simpson County of Mississippi. The Sempra LNG segment involves in the receipt, storage, and vaporization of LNG, as well as the purchase and sale of natural gas. It operates Energia Costa Azul LNG receipt terminal in Baja California, Mexico, as well as Cameron LNG receipt terminal in Hackberry, Louisiana. The Sempra Commodities segment engages in the commodities-marketing business. Sempra Energy has operations ! in the United States, Canada, Mexico, Argentina, Chile, and Peru. The company was founded in 1998 and is headquartered i n San Diego, California.

Advisors' Opinion:

• [By Richard Stavros]

  According to the Ceres ranking, NV Energy Inc, which was acquired late last year by Warren Buffett's MidAmerican Energy Holdings Co, Xcel Energy Inc (NYSE: XEL), PG&E Corp (NYSE: PCG), Sempra Energy (NYSE: SRE) and Edison International (NYSE: EIX) ranked the highest for renewable energy sales. Renewable resources accounted for roughly 17 percent to 21 percent of their retail electricity sales in 2012.

• [By Robert Rapier]

  Liquefied natural gas (LNG) export terminals will begin operation as early as late 2015, when Cheniere Energy Partners (NYSE: CQP) completes its Sabine Pass LNG export terminal. Sempra Energy (NYSE: SRE) has also received approval for an LNG facility on the Gulf Coast in Louisiana, and there are 13 more proposals awaiting approval. As more of these terminals come online, some of the excess natural gas will find its way to more lucrative markets.

• [By Robert Rapier]

  As I pointed out in last week's Energy Letter, US natural gas production is up 11.4 Bcfd in just the past five years. Presently there are 13 pending proposals awaiting approval from the Federal Energy Regulatory Commission (FERC), with a total proposed export capacity of 17.9 Bcfd. Two projects have been approved by FERC. Cheniere Energy (NYSE: LNG) and Sempra Energy (NYSE: SRE) have had projects approved with a combined proposed capacity of 4.46 Bcfd.

• [By Robert Rapier]

  The licensing process and the cost of obtaining FERC approval are more onerous than is the DOE approval process, and for the past two years Cheniere Energy (NYSE: LNG) has been the only company to receive both approvals. That changed last month when Sempra Energy (NYSE: SRE) became the second company to win FERC approval. Sempra's Cameron LNG facility is! to based! on the Gulf Coast in Louisiana.

source from Top Stocks For 2015:http://www.topstocksblog.com/best-gas-utility-companies-to-invest-in-right-now-4.html