Sempra (SRE)

Over the past six months, Sempra's stock has increased by +12.82%. As of May 8, 2026, the stock was priced at $91.53, down 7.43% over the past 30 days but up 20.80% over the past 12 months. Sempra reported its first-quarter 2026 results on May 7, 2026, with adjusted EPS of $1.51, up from $1.44 in Q1 2025, and GAAP earnings of $1.37 billion. The positive financial impact of Oncor's base rate review is expected to be primarily recognized in Q2 2026. Sempra is on track with its $65 billion capital plan for the year and affirmed its full-year 2026 adjusted EPS guidance of $4.80 to $5.30. The rapid growth of AI data centers is creating significant baseload energy needs, particularly in Sempra's Texas service area.

Demand for Sempra's products and services exhibits seasonality, influenced by regulated utility frameworks and infrastructure development cycles. Margins are supported by consistent demand and long-term contractual arrangements. Variations in revenue are linked to seasonal demand, regulatory adjustments, and infrastructure expansion initiatives. Natural gas demand fluctuates with heating needs in colder months and cooling needs in warmer months. The company's operational model emphasizes reliability and efficiency to manage these demand fluctuations.

Sempra is a North American public utility holding company based in San Diego, California, focusing on electric and natural gas infrastructure. The company operates within the Utilities sector and is a component of the S&P 500 and the Dow Jones Utility Average. Sempra serves nearly 40 million consumers across North America through its three primary growth platforms: Sempra California, Sempra Texas, and Sempra Infrastructure. It provides electric and natural gas services in Southern California through SoCalGas and SDG&E. It handles electric transmission and distribution in Texas via Oncor Electric Delivery Company, in which Sempra owns an 80.2% interest. Sempra Infrastructure develops, builds, operates, and invests in energy infrastructure, including LNG facilities, energy networks, and low-carbon solutions.

Sempra's operations are strategically positioned across highly attractive North American markets. It serves Southern and Central California through SDG&E and SoCalGas. It operates through Oncor Electric Delivery Company in Texas, serving approximately 13 million Texans. Sempra Infrastructure operates energy infrastructure in Mexico, including pipelines and LNG terminals. The company's LNG export capabilities also connect it to global energy markets.

Sempra has maintained a strong brand reputation over the past year, receiving several notable recognitions. Sempra has been named one of Fortune's World's Most Admired Companies for the 16th consecutive year in 2026. It was also recognized in The Wall Street Journal's Management Top 250 and Forbes' America's Best Employers for Company Culture. Sempra was also named to Newsweek's America's Most Responsible Companies for the 7th year in 2026. These accolades highlight Sempra's commitment to excellence, strong corporate reputation, high-performance culture, operational excellence, and leadership in sustainable business practices.

Sempra's stock ownership is primarily held by institutional investors, with approximately 65.52% to 92.65% of the company's stock owned by institutions. Insiders own about 0.05% to 0.78%, and public companies and individual investors hold approximately 6.57% to 34.43%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Capital International Investors.