Wednesday, November 7, 2018

The Market, Energy, And Political Page, Part 4, T+1 -- Wednesday, November 7, 2018

SRE: needs to change its ticker symbol to WOW. From SeekingAlpha:
  • Sempra Energy pre-market after coming through with strong beats on Q3 earnings and revenues, and reaffirming full-year earnings guidance
  • 3Q18 revenues in the company's utilities segment rose 8% yoy to $2.46B, while sales in energy related businesses jumped 19% to $480M
  • SRE sees adjusted EPS of $5.30-$5.80 vs. $5.42 analyst consensus estimate.
  • SRE also announces its IEnova and Sempra LNG & Midstream subsidiaries have signed three Heads of Agreements with Total, Mistui, and Tokyo Gas for the full export capacity of Phase 1 of the Energia Costa Azul liquefied natural gas project located in Baja California, Mexico
  • the HOAs contemplate the parties negotiating and finalizing definitive 20-year sales-and-purchase agreements, with each of the companies purchasing ~800K metric tons/year of LNG
Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel or relationship decisions based on what you read here or what you think you may have read here.

Oncor: in addition to SRE note above, here is link to Oncor press release from earlier this morning.

The Literature Page

The New Oxford Annotated Bible; NRSV with the Apocrypha, an ecumenical study bible, Michael D. Coogan, editor, c. 1989; full price, $45; Barnes and Noble purchase in 2016.

It's been a long, long time since I've read the Bible from a historical point of view, and as a piece of literature. Of course, I know the New Testament very, very well -- at least the first four books, but the Old Testament has always played second fiddle for me.

I am now in that stage of life, and for whatever reason, I find the Old Testament -- as history and literature -- absolutely fascinating. One can go to wiki and find "an answer" for any question one might have about the Old Testament, but it is so much rewarding to stumble upon it (often, again) on one's own.

Two quick examples:
  • east of Eden: Genesis 3:24; and, Genesis 4:16 (the land of Nod, or as I used to think, "the land of nog", but that's another story for another time)
  • one-tenth: Genesis 14:20
When I saw "east of Eden" in context, I immediately thought of "beyond the pale," something I've discussed many, many times.

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