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Barchart
Barchart
Sohini Mondal

Is Sempra Stock Underperforming the Nasdaq?

With a market cap of $59.1 billion, Sempra (SRE) operates regulated utilities and energy infrastructure across the United States and Mexico. The company runs its business through three main segments: Sempra California; Sempra Texas Utilities; and Sempra Infrastructure, providing natural gas, electricity transmission and distribution, and energy infrastructure services.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Sempra fits this criterion perfectly. Sempra serves millions of customers and develops large-scale energy projects to support access to cleaner energy.

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