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.
Signals scoped to US · Company-specific tagging coming soon.