Argus upgrades Sempra, says LNG and Mexican assets bolster capital plan

Argus Research upgrades U.S. electric and gas utility Sempra SRE.N to "buy" from "hold"

Brokerage cites SRE is leveraging LNG and Mexican assets to improve its utility infrastructure and drive a robust capital plan

SRE has initiated five value creation initiatives for 2025 which includes utility investment, leveraging value in LNG assets, cutting costs, selling non-core assets, and improving safety and productivity, brokerage says

Last week, co posted Q4 adj profit of $1.28 per share, beating analyst estimates of $1.17 per share - data compiled by LSEG

14 of 19 analysts rate stock "strong buy" or "buy" and five "hold"; their median PT is $104 - data compiled by LSEG

Including session's move, SRE up 8% YTD