Sempra, the US utility company with power and natural gas services centred on California and Texas and LNG developments in the US and Mexico through the Sempra Infrastructure subsidiary, reported a 25 percent drop in first-quarter profits as commodity prices fell along with revenues.
Sempra, the US utility company with power and natural gas services centred on California and Texas and LNG developments in the US and Mexico through the Sempra Infrastructure subsidiary, reported a surge in net income for the year and the fourth quarter.
Sempra, the US utility company with power and natural gas services centred on California and Texas and LNG developments in the US and Mexico through the Sempra Infrastructure subsidiary, posted solid third-quarter earnings and said it expected to increase capital investment by up to 20 percent above the current $40 billion over the next five years.
Sempra, the US utility whose LNG unit Sempra Infrastructure owns Cameron LNG in Louisiana and other projects in Texas and Mexico, has reported higher earnings in the first quarter as it proposed a five-year capital expenditure plan amounting to $40 billion.
US utility Sempra, whose assets include LNG projects on the US Gulf Coast and Mexico and natural gas and power businesses in California, reported full-year earnings of $2.09 billion compared with $1.25Bln in 2021 and was preparing an imminent final investment decision on the Port Arthur LNG project in Texas.