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SRE News5 articles
PG&E Stock Drops 3% Despite Earnings Beat as Data Center Growth Remains Nascent
PG&E (NYSE:PCG) shares slid 3.1% to $17.54 despite core EPS beating estimates by 11%, as its data center pipeline surged to 12.71 GW but only 5% has reached agreements or construction.
SDG&E Outage in South Orange County May Slightly Impact Reliability Metrics
A power outage affecting 22,525 SDG&E customers in South Orange County could nudge the utility's system-wide outage duration metric by up to 3.38 minutes, but is unlikely to affect Sempra's earnings.
Venture Global Shares Retreat as Geopolitical Ease Tempers LNG Optimism
Venture Global shares declined as hopes for a Middle East ceasefire softened energy prices. The company's significant exposure to spot LNG markets amplifies its stock's volatility amid shifting supply dynamics.
U.S. Natural Gas Holds Near $3.10 Amid Gulf Tensions, Mild Weather
U.S. natural gas prices are balancing geopolitical risks from Gulf supply disruptions against bearish domestic factors like warm weather forecasts and rising storage inventories.
NRG Energy Shares Drop on LS Power's $2.35 Billion Secondary Offering
NRG Energy shares declined sharply after LS Power affiliates priced a large secondary stock offering at a discount. The company plans a concurrent $300 million share buyback from the sellers.