Sempra (SRE)

Sector: Utilities|Industry: Utilities - Diversified|Market Cap: $53.90B|Employees: 16.8K


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.

  1. Filings

Filing Highlights

Financial Performance

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

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment