Company Reports

Sempra's investment opportunities at its regulated utilities in California and Texas remain its primary growth driver.

The California legislative session is set to end with no incremental wildfire-related financial protections for the state's investor-owned utilities, including Sempra.

Sempra Energy reported second-quarter operating earnings per share of $1.16, up from $0.89 in the same year-ago period.

Sempra reported first-quarter operating earnings per share of $1.51, up from $1.44 in the year-ago period, putting the company on track to meet our and management's full-year expectations.

Texas regulators recently approved Oncor's rate settlement. Regulators approved a 9.75% allowed return on equity, a 10-basis-point increase, and a 43.5% equity layer, a 100-basis-point increase from current rates.

Sempra's investment opportunities at its regulated utilities in California and Texas remain its primary growth driver.

The Texas electricity grid operator, ERCOT, presented a preliminary long-term electricity demand forecast to state regulators on April 15 suggesting record-setting demand this summer and surging demand from new data centers in 2028-32.

Sempra's investment opportunities at its regulated utilities in California and Texas remain its primary growth driver.

On Jan. 16, Edison filed a cross-complaint suit including Sempra's SoCalGas for damages related to the 2025 Eaton fire. On Jan. 21, Sempra issued a statement denying the allegations and promising to defend itself against the complaint.

Sempra Energy reported third-quarter operating earnings per share of $1.11, up from $0.89 in the same year-ago period, putting the company on track to meet our and management's full-year expectations.

Sempra Energy's investment opportunities at its regulated utilities in California and Texas remain its primary growth driver.

Sempra Energy announced an agreement to sell a 45% ownership stake in Sempra Infrastructure Partners to a KKR-led consortium for $10 billion.

Sempra Energy's investment opportunities at its regulated utilities in California and Texas remain its primary growth driver.

Sempra Energy's investment opportunities at its regulated utilities in California and Texas remain its primary growth driver.

Sempra Energy reported second-quarter operating earnings per share of $0.89, flat from the same year-ago period, putting the company on track to meet our and management's full-year expectations for flat earnings year over year.

Sempra Energy reported first-quarter operating earnings per share of $1.44, up from $1.34 in the same year-ago period, putting the company on track and to meet our and management's expectations for flat year-over-year earnings.

Utilities have limited direct exposure to the tariffs announced by the Trump administration, but falling energy demand or regulatory pushback to utilities' investment plans could slow earnings growth if economic conditions deteriorate.

Sempra Energy's investment opportunities at its regulated utilities in California and Texas will remain its primary growth driver.

Sempra Energy reported 2024 operating earnings per share of $4.65, up from $4.61 in 2023. The 4% dividend increase in 2025 was below our expectations. Sempra's stock was down 17% as of midday Feb. 25.

Sempra Energy's investment opportunities at its regulated utilities in California and Texas will remain its primary growth driver.