Sempra

SRE
Sector

Utilities

Industry

Utilities - Diversified

Market Cap

$53.90B

Employees

16.8K

Company Overview

Sempra is a California-based energy infrastructure company that invests in, develops, and operates energy infrastructure and provides electric and gas services to customers. The company's core business model involves transmission and distribution investments, with a focus on LNG, energy networks, and low-carbon solutions. Sempra holds a strong market position in North America with a significant geographic presence in the U.S. and Mexico.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Sempra's total revenues decreased to $2.78 billion in Q3 2024 from $3.33 billion in Q3 2023, primarily due to a decrease in natural gas revenues. This was partially offset by a slight increase in electric revenues.

Sempra's net income attributable to common shares decreased to $638 million in Q3 2024 from $721 million in Q3 2023. This decrease was influenced by lower revenues and other factors, but the company remains profitable.

Sempra's diluted earnings per share decreased to $1.00 in Q3 2024 from $1.14 in Q3 2023, reflecting the lower net income and slightly higher weighted-average common shares outstanding.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights