With a market cap of $50.2 billion, Sempra (SRE) is an energy infrastructure company involved in the distribution, storage, and transportation of electricity and natural gas. The California-based company operates through two primary groups: Sempra Utilities and Sempra Infrastructure, across its three operational segments.
Shares of this utility company have underperformed the broader market over the past 52 weeks. SRE has gained 13.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 24.9%. In 2024, shares of SRE are up 6.6%, compared to SPX’s 16.2% gain on a YTD basis.
