VST - Sempra's Utilities Complemented By Infrastructure Businesses
- Sempra, a $40.1 billion market-cap company, offers a 3.5% dividend and operates in three sectors: California gas and electricity, Texas electricity, and infrastructure (North American LNG and Mexican energy).
- Sempra has settled civil litigation for its Aliso Canyon leak. It has and will benefit from LNG demand and strong electricity growth, especially in Texas.
- While it will need to contend with higher gas costs - not all of which can necessarily be passed on - its natural gas sourcing remains some of the lower-priced in the country.
For further details see:
Sempra's Utilities Complemented By Infrastructure Businesses