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Barchart
Kritika Sarmah

Sempra Stock: Is SRE Underperforming the Utility Sector?

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 $51.8 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. Its dominant utility presence in California and Texas, a growing global LNG and infrastructure portfolio, and high-growth potential at Oncor, driven by electrification and data center demand, drives its market leadership. 

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