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Is Sempra Energy Stock Stronger than Its Peers?

Is Sempra Energy Stock Stronger than Its Peers?

Sempra Energy (SRE) is the largest utility by market capitalization in California. Sempra Energy was the least exposed utility to the wildfire fiasco among the top three utilities in the state. The company has strong growth prospects considering its acquisition of Oncor Electric. After the acquisition, Sempra Energy is expected to operate in the two most populous states in the country.