Notes From All Over -- The Late Evening Edition -- November 15, 2020

The market: will "we" go over 30,000 this week?

The market:

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: one of my favorite companies. But the company scares me. A California company. From SeekingAlpha today (archived):

• Sempra Energy, a $38.8 billion market-cap utility and energy infrastructure company, offers a 3.1% dividend and operates in four key markets: California, Texas, Mexico, and liquefied natural gas.
• Like other utilities, the company offers upside as regional growth resumes in Texas post-Covid-19 shutdown and is expected to resume in California.
• The company is one of the largest developers of U.S. LNG projects and has just scaled up to full-capacity operations at its Cameron, Louisiana facility.
• Comments: I think SRE needs to look for acquisitions outside of California to offset California regulatory and policy concerns. Perhaps acquiring utilities like Black Hills Corp or MDU.  

Market cap:

• MDU: $5 billion
• BKH: $4 bilion
• SRE: $40 billion

Or maybe SRE is a nice bauble for Warren Buffett which would minimize SRE's California risks. 

Maybe SRE needs to think Tex-Mex and get out of California.

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The Art Page

Don't you just love these paintings? All painted by the granddaughters between the ages of two years of age and eight years of age? The pumpkin may have been painted by Olivia before she was two years old; I can't remember.

The most recent addition, by Sophia, age 6. This has quickly become one of my favorites.