Sempra Energy
SRECompany Overview
Sempra is an energy-service holding company, which engages in the development and operation of energy infrastructure, and provision of electric and gas services. It operates through the following segments: San Diego Gas and Electric Company (SDG&E), Southern California Gas Company (SoCalGas), Sempra Texas Utilities, Sempra Mexico, and Sempra LNG. The SDG&E segment offers electric and natural gas services. The SoCalGas segment owns and operates natural gas distribution, transmission, and storage systems. The Sempra Texas Utilities segment consists of equity method investments in Oncor Holdings and Sharyland Holdings. The Sempra Mexico segment includes the operating companies of IENova. The Sempra LNG segment develops natural gas storage and related pipeline facilities. The company was founded on October 11, 1996, and is headquartered in San Diego, CA.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | Sempra Energy |
| Ticker | SRE |
| Main Business | Utilities - Diversified |
| Type | Common Stock |
| Industry | Utilities - Diversified |
| Country | US |
| Market Cap | $47.33 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Southern California Gas Company (SoCalGas) | $6,840.0 | $0.0 | - |
| San Diego Gas & Electric Company (SDG&E) | $5,840.0 | $0.0 | - |
| Sempra Infrastructure | $1,920.0 | $0.0 | - |
| All other | $1.0 | $0.0 | - |
| Adjustments and eliminations | $-1.0 | $0.0 | - |
| Intersegment revenues | $-158.0 | $0.0 | - |
| Interest income | $75.0 | $75.0 | - |
| Total | $14,517.0 | $75.0 | 0.51% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $3,320,000,000.0 | 7.01% |
| long term debt and capital lease obligation | $27,760,000,000.0 | 58.65% |
| Total Interest-Bearing Debt | $31,080,000,000.0 | 65.66% |
| Market Capitalization | $47,333,982,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |