Sempra

Methodology

Sempra's regulated gas and electric utilities in California and Texas generate predictable earnings from rate cases, while energy infrastructure provides growth. The calculation works reasonably well for this utility holding company when normalizing for one-time impacts and focusing on regulated utility earnings plus contracted infrastructure contributions.

Methodology

Sempra typically trades at moderate PEG ratios reflecting infrastructure investment growth and diverse regulatory jurisdictions. The metric should account for both regulated utility operations and energy infrastructure projects. Compare to diversified utility peers while considering Sempra's LNG export exposure and Mexico operations.

Methodology

Sempra offers a substantial dividend typical of utility holding companies, making PEGY important for total return evaluation. The dividend provides meaningful income alongside infrastructure investment growth. For diversified utilities, dividend sustainability and regulatory frameworks matter as much as growth metrics.