Sempra (SRE)
Utilities · Regulated utilities and energy infrastructure
A diversified energy infrastructure holding company operating regulated utilities in California and Mexico, plus liquefied natural gas development projects globally.
What Sempra does
Sempra is a holding company whose earnings are primarily generated by its subsidiaries: San Diego Gas & Electric Company and Southern California Gas Company, which provide electricity and natural gas distribution to Southern California; Oncor Electric Delivery Company, a regulated Texas utility; and SI Partners, an equity method investment focused on liquefied natural gas (LNG) export projects including Cameron LNG, Port Arthur LNG, and ECA LNG facilities. The company earns dividends and distributions from these regulated utilities and infrastructure investments, with exposure to both rate-regulated utility operations and LNG development and export activities.
Themes: ["Regulated utilities","LNG infrastructure and exports","Natural gas distribution","Electricity distribution","Energy infrastructure","Dividend-paying utilities","Mexico energy infrastructure"]
Fundamentals
- Price$94.62 as of 2026-07-09 close
- Market cap$62.0B as of 2026-07-10
- 1-year return+27.0% as of 2026-07-09 close
- P/E31.70 as of 2026-07-10
- Net margin+16.7% as of 2026-07-10
- ROE+6.2% as of 2026-07-10
- Debt / equity1.13 as of 2026-07-10
- Revenue growth (YoY)+0.1% as of 2026-07-10
- Revenue CAGR (3y)-1.7% SEC XBRL
- Beta0.58 as of 2026-07-10
Dividend: yield +2.8%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dividend and obligation payments depend primarily on distributions from subsidiaries and equity method investments, which operate as separate entities not obligated to fund the parent company and could be restricted by regulation or contract.","Major LNG projects and SI Partners investment involve complex, long-duration development risks; planned sale of 45% stake in SI Partners creates execution and refinancing risks.","Wildfire liability exposure in California, including existing litigation related to 2025 LA Fires and dependence on regulatory mechanisms (AB 1054, Senate Bill 254) for recovery of wildfire costs and liabilities."]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.