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Barchart
Barchart
Aditya Sarawgi

Is Sempra Stock Underperforming the Nasdaq?

San Diego, California-based Sempra (SRE) is an energy services company involved in the sale, distribution, storage and transportation of electricity and natural gas. With a market cap of $45.1 billion, Sempra operates through Sempra California, Sempra Texas Utilities, and Sempra Infrastructure segments.

Companies worth $10 billion or more are generally described as “large-cap stocks,” Sempra fits the bill perfectly. Given the company’s extensive operations and substantial size, its valuation above this mark is unsurprising.

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