Sempra SRE
78.61 USD +0.23 (+0.29%)
Nov 11, 2026, 12:47 PM EST
78.21 Day range 78.76
76.89 52-week range 99.75
- YTD
- -10.97%
- 1 year
- -15.96%
Discussion (1)
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Scott Miller SRE 1 year ago #1$SRE As to the question of what would SRE wildfire liability cap be:
From Barron’s this weekend: “A state law passed in 2019 capped a utility’s liability at 20% of its transmission and distribution rate base.”
From $SRE annual report :
Since the 2024 annual report isn’t filed yet, extrapolating from 2023, the rate base would be approximately $13 billion. So the liability cap would be approximately $$2.6 billion.
SRE market cap off since Tuesday close: 4.8B$ (84.23-77x6334m shares). Food for thought