Notes From All Over -- Mid-Day Edition, Part 2 -- November 13, 2020

SRE: Mexico will give LNG conditional export permit -- AMLO! Link here.

• Sempra Energy's local IEnova unit likely will receive an export permit for a proposed liquefied natural gas facility in northwest Mexico, as long as the company helps offset an oversupply of gas in the area, Mexican Pres. Lopez Obrador says. 
• The President says he is inclined to approve the permit but stresses what he considers excess natural gas in the area around the northern Pacific coast, given that state-owned power company Comision Federal de Electricidad does not use the fuel to generate electricity. 
• Lopez Obrador says supply contracts signed by the previous government obliged CFE to buy natural gas that is not needed. 
• The comments appear to walk back the government's interest in requiring IEnova to build a second LNG export facility before approving the pending plant in Ensenada, which was reported in August. 

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

SRE: I've always considered "SRE" a $124-stock. Currently up over 1.3%; up $1.74 -- now trading just over $134.