Sempra's Energy Empire: Billions Spent While Bean Counters Sweat
Key Points
- Sempra's 2024 outlook shows a dip in net income to $2.82 bil...
Ever wondered what $56 billion could buy? Apparently, a lot of power lines and some very fancy gas terminals, if you're Sempra. The utility giant just dropped its 2024 numbers, and while they're not exactly printing money like last year, they're still doing better than your investment in that artisanal pickle startup.
Numbers That'll Make Your Calculator Blush
Net income took a modest dip from $3.03 billion to $2.82 billion, with earnings per share sliding from $4.79 to $4.42. But fear not, penny-pinchers! Adjusted earnings actually grew to $2.97 billion, proving that creative accounting is...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.