San Diego, California-based Sempra (SRE) operates as an energy infrastructure company in the United States and internationally. With a market cap of $50.1 billion, the company operates through Sempra California, Sempra Texas Utilities, and Sempra Infrastructure segments.
Companies worth $10 billion or more are typically referred to as "large-cap stocks." SRE fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the diversified utilities industry. Sempra benefits from having a massive customer base and offering electric services to approximately 3.6 million people and natural gas services to approximately 3.3 million people.
