Sempra operates through three principal business segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The California segment includes San Diego Gas & Electric (SDG&E) and Southern California Gas Company (SoCalGas), which provide electric and natural gas distribution to millions of customers. In Texas, the company holds a majority stake in Oncor Electric Delivery Company, one of the largest electric transmission and distribution systems in the state. Sempra Infrastructure focuses on developing and operating energy networks, renewable power, and major liquefied natural gas (LNG) export facilities along the U.S. Gulf Coast and the Pacific Coast of Mexico. Regulated utility operations account for the vast majority of the company's revenue, providing stable cash flows that support its capital-intensive infrastructure projects.