Growth PotentialSempra Energy is in a good position to grow EPS faster than expected, supported by outsized growth at Oncor and LNG expansion.
Regulatory SupportThe state regulator approved continued use of the facility at 80% of maximum capacity, extending its operation into the next decade.
Valuation OpportunityShares of SRE still trade at ~7% discount to the broader group which presents compelling risk/reward with the approaching multi-year de-risking of the company's regulatory calendar.