SRE Stock - Sempra Energy

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Sempra is a prominent energy-services holding company based in San Diego, California, with operations spanning across the United States and globally. Originally founded in 1998 and known formerly as Sempra Energy, the company rebranded to Sempra in July 2021. It operates through several key segments, including the San Diego Gas & Electric Company, which serves electric services to approximately 3.6 million customers and supplies natural gas to about 3.3 million customers over 4,100 square miles. Additionally, its Southern California Gas Company segment manages a vast natural gas distribution, transmission, and storage system covering 24,000 square miles, delivering gas to approximately 22 million people.

Sempra's reach extends further with its Sempra Texas Utilities segment, which focuses on the regulated transmission and distribution of electricity. This segment serves 3.8 million homes and businesses, managing an extensive network of 140,000 miles of transmission and distribution lines. The company's transmission system includes 18,249 circuit miles of transmission lines and 1,174 substations, providing crucial interconnections to 130 third-party generation facilities with a combined capacity of 45,403 megawatts.

Sempra's commitment to providing essential energy services underscores its role in supporting communities' infrastructure needs while advancing sustainable energy solutions. With its diverse portfolio and strategic operations, Sempra continues to play a pivotal role in shaping the future of energy delivery and reliability both nationally and internationally.

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