Jeffrey Martin

Jeffrey Martin serves as Chairman and CEO of Sempra, one of North America's largest energy infrastructure companies. Sempra's portfolio combines regulated utilities — SoCalGas (the nation's largest natural gas distribution utility), SDG&E (San Diego Gas & Electric), and an 80% ownership stake in Oncor (Texas's largest electric transmission and distribution utility) — with a growing LNG export infrastructure business. Sempra's LNG development platform is centered on Port Arthur LNG in Texas, which is under construction as one of the largest LNG export facilities in the United States. The project benefits from strong long-term offtake agreements with international buyers seeking reliable U.S. gas supply. Sempra also has interests in other LNG development opportunities along the Gulf Coast and Pacific Coast. The utility businesses provide stable, regulated earnings growth: Oncor benefits from Texas's booming population and economic growth (which drives rate base expansion), while the California utilities face both opportunities (grid modernization, electrification) and challenges (wildfire liability, regulatory complexity). Key stock drivers include utility rate base growth, Oncor load growth in Texas, Port Arthur LNG construction progress and additional FID decisions, LNG global demand, California regulatory outcomes, wildfire risk management, and the overall infrastructure investment trajectory.