Incorporated in 1996, San Diego-based Sempra (SRE) is a trailblazer in energy infrastructure, lighting up lives and powering innovation for 40 million consumers globally. With a market cap of $48 billion, its Sempra California segment lights up San Diego with electric services and natural gas for millions across 4,100 square miles; the Sempra Texas segment manages 18,298 miles of power lines, 1,257 substations and connections to 173 power plants, serving millions of delivery points; and the Sempra Infrastructure segment drives energy transition projects in North America and beyond.
Shares of Sempra have lagged behind the broader market over the past 52 weeks. SRE has surged by 4.1% over this time frame, while the broader S&P 500 Index ($SPX) rallied 28.9%. In 2024, SRE stock rose 1.5%, compared to SPX's 11.2% gains on a YTD basis.
