Sempra Energy Stock Splits and Performance

Sempra Energy has a history of stock splits, with the company's first stock split occurring in 1993. This split, which occurred on May 20, 1993, was a 2-for-1 split, doubling the number of shares outstanding.

In 2001, Sempra Energy underwent another stock split, this time a 2-for-1 split that took place on May 23, 2001. This split also doubled the number of shares outstanding.

Sempra Energy's stock splits have been accompanied by significant increases in the company's stock price.

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Sempra Energy's stock has been trading in the range of $136.54 to $176.47 in the last 52 weeks.

Sempra announced a 2-for-1 stock split, scheduled later this month, to make its common stock more accessible to a broader base of investors.

The stock split will be handled by distributing a 100% stock dividend, with shareholders of record receiving one additional share for every share held.

Shares of Sempra closed at $142.42 on Aug. 7.

The company's second quarter revenue was $3.3 billion, down slightly from $3.5 billion in the same quarter last year.

Sempra was able to beat analyst estimates with better-than-expected results from Southern California Gas and strength in its Sempra Infrastructure Partners business.

Analysts expect the company's GAAP EPS for the year to be in the range of $8.78 and $9.38, with adjusted EPS in the range of $8.60 to $9.20.

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