Sempra Energy Surges to 247th in Trading Volume with $674 Million in Shares Exchanged

Volume AlertsFriday, May 30, 2025 8:06 pm ET
1min read

On May 30, 2025, Sempra Energy (SRE) saw a significant surge in trading volume, with a total of $674 million in shares exchanged, marking a 275.12% increase from the previous day. This surge placed Sempra Energy at the 247th position in terms of trading volume for the day. The stock price of Sempra Energy rose by 0.82%, marking the second consecutive day of gains, with a total increase of 1.41% over the past two days.

Sempra Energy's Port Arthur Phase 2 project in Texas has received final approval from the U.S. Department of Energy to export liquefied natural gas (LNG) to markets in Europe and Asia. This approval is a significant milestone for the project, which aims to expand its export capacity to 13.5 million tonnes per annum. The project still requires a final investment decision, which is expected by the end of 2025.

Justin Bird, the chief executive officer of Sempra Infrastructure, highlighted the importance of this regulatory approval, stating that it marks steady progress towards reaching a final investment decision. He also emphasized the project's potential to contribute to the U.S. becoming a leader in global energy markets, supporting U.S. trade goals, and providing economic opportunities at local, state, and national levels.

Secretary of Energy Chris Wright also commented on the approval, noting that Port Arthur LNG Phase II represents a significant expansion of the first phase already under construction. He emphasized that the project will enhance energy security for the American people and restore America's role as the world's most reliable energy supplier.

Sempra Infrastructure, the subsidiary of Sempra Energy responsible for the project, is focused on developing low-carbon solutions, energy networks, and LNG infrastructure. The company is recognized as an industry leader, having received the 2023 World Energy Transition Award at the World LNG Summit. Through its assets in North America, Sempra Infrastructure is helping to meet changing energy needs and create access to renewable power and natural gas, while advancing carbon sequestration and clean hydrogen.

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