Sempra combines Texas and California regulated utility growth (Oncor, SDG&E, SoCalGas) with US LNG infrastructure leadership (Cameron, Port Arthur). Texas load growth from AI datacenters and reshoring drives Oncor rate base. LNG segment benefits from European energy security demand and Asian buyers. Cleared Biden LNG pause. Capital plan supports mid-single-digit EPS growth with optionality from LNG expansion.
Thesis reviewed May 29, 2026
Sempra is headquartered in United States, which is currently showing elevated risk signals.
🇺🇸United States82EXITView United States risk detail →🔌Utilities39WATCH| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| VST | Vistra Corp. | 44 | +21% | ↓12% | EARLY |
| SO | The Southern Company | 44 | +15% | ↓12% | EARLY |
| DUK | Duke Energy Corporation | 44 | +14% | ↓12% | EARLY |
| EXC | Exelon Corporation | 44 | +10% | ↓12% | NEUTRAL |
| NEE | NextEra Energy Inc. | 44 | +20% | ↓12% | EARLY |
| SRE | Sempra | 44 | +13% | ↓12% | EARLY |
| GEV | GE Vernova Inc. | 41 | +15% | ↓12% | EARLY |
Investors who hold SRE may also have indirect exposure through these country funds.
Oncor files largest-ever Texas transmission capex plan
Port Arthur LNG Phase 2 FID expected mid-2026
Estimates · Yahoo Finance · Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| Julie JohnsonTX | Buy | $1k–$15k | Sep 23, 25 |