Sempra Energy: With Risk Comes Reward


Sempra Energy: With Risk Comes Reward

Founded in 1998 when two well-established California utilities merged, Sempra Energy (NYSE:SRE)develops energy infrastructure, operates utilities and provides naturalgas and energy services to more that 29 million consumers in the U.S.,Canada, Mexico, Europe, South America and Asia. Headquartered in SanDiego, it is the city's largest Fortune 500 Company and its growth isaggressive.Its huge size is one of its best assets, allowing itto be competitive in markets here and abroad. It also has been smart inits foray into liquefied natural gas, and in its use of cash. Insteadof offering a big dividend, it has reinvested its cash into investmentswith high yields. So, in addition to servicing the largest customerbase of any energy utility in the U.S., it also sells energycommodities, builds and runs energy infrastructure, and provides assetrisk management. ...

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