NYSE
17 days, 13 hours ago 
SRE
Sempra
Form 4: Sempra Director James C. Yardley Acquires Additional Phantom Shares as Compensation
Sempra Director James C. Yardley acquired 164.09 phantom shares as part of his director compensation, increasing his total beneficial ownership to 39,751 phantom shares.
NYSE
17 days, 13 hours ago 
SRE
Sempra
Form 4: Sempra Director Anya Weaving Acquires Phantom Shares as Compensation
Sempra Director Anya Weaving acquired 164.09 phantom shares of Sempra Common Stock as part of her director compensation on July 1, 2025, increasing her direct beneficial ownership to 373.7 shares.
NYSE
17 days, 13 hours ago 
SRE
Sempra
Form 4: Sempra Director Cynthia J. Warner Reports Acquisition of Phantom Shares
Sempra director Cynthia J. Warner reported the acquisition of 380.68 phantom shares as director compensation, increasing her total beneficial ownership to 12,299.64 phantom shares.
NYSE
17 days, 13 hours ago 
SRE
Sempra
Form 4: Sempra Director Jack T. Taylor Acquires Additional Phantom Shares as Compensation
Sempra Director Jack T. Taylor acquired 164.09 phantom shares as compensation, increasing his total beneficial ownership to 40,321.76 phantom shares.
NYSE
17 days, 13 hours ago 
SRE
Sempra
Form 4: Sempra Director Kevin Sagara Acquires Phantom Shares as Compensation
Sempra Director Kevin C. Sagara acquired 164.09 phantom shares of Sempra Common Stock as director compensation on July 1, 2025.
NYSE
17 days, 13 hours ago 
SRE
Sempra
Form 4: Sempra Director Michael Mears Acquires Additional Phantom Shares as Compensation
Sempra Director Michael N. Mears acquired 164.09 phantom shares as part of his director compensation, increasing his total beneficial ownership to 19,924.06 derivative securities.
NYSE
17 days, 13 hours ago 
SRE
Sempra
Form 4: Sempra Director Richard J. Mark Increases Beneficial Ownership Through Phantom Share Acquisition
Sempra Director Richard J. Mark acquired 164.09 phantom shares as part of his compensation, increasing his total beneficial ownership to 1,416.45 shares.
NYSE
17 days, 13 hours ago 
SRE
Sempra
Form 4: Sempra Director Jennifer M. Kirk Acquires Phantom Shares as Compensation
Sempra Director Jennifer M. Kirk acquired 164.09 phantom shares as compensation, increasing her beneficial ownership to 4,325.19 phantom shares.
NYSE
17 days, 13 hours ago 
SRE
Sempra
Form 4: Sempra Director Pablo Ferrero Increases Stake Through Phantom Share Acquisition
Sempra Director Pablo Ferrero acquired 164.09 phantom shares as part of his director compensation, increasing his total beneficial ownership to 15,254.68 phantom shares.
NYSE
17 days, 13 hours ago 
SRE
Sempra
Form 4: Sempra Director Andres Conesa Increases Stake with Phantom Share Acquisition
Sempra Director Andres Conesa acquired 164.09 phantom shares as part of his director compensation, increasing his total beneficial ownership to 10,859.95 phantom shares.
NYSE
26 days, 14 hours ago 
SRE
Sempra
8-K: Sempra and SoCalGas Announce Key Executive and Board Appointments, Strengthening Leadership Structure
Sempra and its subsidiary Southern California Gas Company (SoCalGas) have announced significant executive and board leadership changes, including the promotion of Caroline A. Winn to Executive Vice President and Dyan Z. Wold to Vice President, Controller, and Chief Accounting Officer, effective July 5, 2025.
NYSE
27 days, 0 hours ago 
SRE
Sempra
8-K: Sempra Subsidiary Oncor Poised for Enhanced Financial Performance with New Texas Regulatory Mechanism
Sempra's majority-owned subsidiary, Oncor Electric Delivery Company LLC, is set to benefit from a new Texas law establishing a Unified Tracker Mechanism (UTM) that is expected to improve its earnings, cash flows, and credit metrics.
Better than expected
 
NYSE
64 days, 14 hours ago 
SRE
Sempra
8-K: Southern California Gas Company Closes $1.1 Billion Bond Offering
Southern California Gas Company successfully closes a public offering and sale of $1.1 billion in first mortgage bonds, split between Series DDD due 2035 and Series EEE due 2055.
NYSE
65 days, 14 hours ago 
SRE
Sempra
8-K: Sempra Shareholders Elect Directors, Ratify Auditor, and Approve Executive Compensation at 2025 Annual Meeting
Sempra held its 2025 Annual Shareholders Meeting on May 13, 2025, where shareholders elected directors, ratified the appointment of Deloitte & Touche LLP, and approved executive compensation.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Executive Diana L. Day Reports Stock Sales
Diana L. Day, Chief Legal Counsel of Sempra, reports the sale of common stock in multiple transactions on May 14, 2025.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Executive Peter R. Wall Reports Acquisition of Phantom Shares
Sempra's SVP, Controller and CAO, Peter R. Wall, reports acquiring phantom shares under the company's deferred compensation plan.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Director James C. Yardley Reports Changes in Beneficial Ownership
Director James C. Yardley reports acquisition of phantom shares in Sempra, indicating changes in beneficial ownership.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Director Jack T. Taylor Reports Acquisition of Phantom Shares
Director Jack T. Taylor reports acquiring phantom shares of Sempra common stock.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Director Michael N. Mears Reports Acquisition of Phantom Shares
Director Michael N. Mears reports acquiring phantom shares of Sempra common stock.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Director Richard J. Mark Reports Acquisition of Common Stock
Director Richard J. Mark reported acquiring 1,864 shares of Sempra common stock on May 13, 2025.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Director Jennifer M. Kirk Reports Acquisition of Phantom Shares
Director Jennifer M. Kirk reports acquiring phantom shares of Sempra common stock, indicating changes in beneficial ownership.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Director Richard J. Mark Reports Acquisition of Common Stock
Director Richard J. Mark reported acquiring 1,864 shares of Sempra common stock on May 13, 2025.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Director Pablo Ferrero Reports Changes in Beneficial Ownership
Director Pablo Ferrero reports acquisition and disposal of Sempra common stock on May 13, 2025.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Director Andres Conesa Reports Changes in Beneficial Ownership
Director Andres Conesa reports acquisition and disposal of Sempra common stock.
NYSE
66 days, 10 hours ago 
SRE
Sempra
Form 4: Sempra Director Cynthia Warner Reports Acquisition of Phantom Shares
Director Cynthia Warner reports acquiring phantom shares of Sempra common stock.
NYSE
67 days, 14 hours ago 
SRE
Sempra
8-K: Southern California Gas Company Issues $1.1 Billion in First Mortgage Bonds
Southern California Gas Company has successfully priced a $1.1 billion offering of first mortgage bonds to fund general corporate purposes.
Capital raise
 
NYSE
68 days, 16 hours ago 
SRE
Sempra
SCHEDULE 13G/A: Wellington Management Group Amends Sempra Stake, Reports 7.47% Beneficial Ownership
Wellington Management Group LLP and its affiliates have filed an amended Schedule 13G, disclosing a beneficial ownership of 7.47% in Sempra's common stock as of March 31, 2025.
NYSE
72 days, 10 hours ago 
SRE
Sempra
10-Q: Sempra Energy Reports Q1 2025 Earnings, Updates Financial Outlook
Sempra Energy announces its financial results for the first quarter of 2025, highlighting key financial metrics and strategic developments across its operating segments.
Better than expected
 
Capital raise
 
NYSE
72 days, 20 hours ago 
SRE
Sempra
8-K: Sempra Announces Solid First-Quarter 2025 Results, Updates Full-Year EPS Guidance
Sempra reported a strong first quarter in 2025, driven by focus on financial performance and strategic initiatives, and updated its full-year EPS guidance.
Better than expected
 
NYSE
86 days, 17 hours ago 
SRE
Sempra
SCHEDULE 13G/A: BlackRock Amends Sempra Stake Disclosure, Reports 8.1% Beneficial Ownership
BlackRock, Inc. has filed an Amendment No. 16 to its Schedule 13G, disclosing a beneficial ownership of 8.1% of Sempra's common stock as of March 31, 2025.
SRE 
Sempra 
NYSE

10-Q: Sempra Energy Reports Q1 2025 Earnings, Updates Financial Outlook

Sentiment:
 Quarterly Report
 8 May 2025 8:07 PM

Sempra Energy announces its financial results for the first quarter of 2025, highlighting key financial metrics and strategic developments across its operating segments.

Better than expected
  Sempra's Q1 2025 earnings attributable to common shares increased to $906 million, or $1.39 per share, compared to $801 million, or $1.27 per share, in the prior year. 

Capital raise
  Sempra established an ATM program providing for the offer and sale of shares of Sempra common stock having an aggregate gross sales price of up to $3.0 billion.  Sempra entered into forward sale agreements under the ATM program with Bank of America, N.A. and Wells Fargo Bank, N.A. 

Summary
  • Sempra Energy reported net income of $919 million for Q1 2025, compared to $881 million in Q1 2024.
  • Earnings attributable to common shares were $906 million, or $1.39 per share, compared to $801 million, or $1.27 per share, in the prior year.
  • The Sempra California segment reported earnings of $724 million, Sempra Texas Utilities $146 million, and Sempra Infrastructure $146 million.
  • The company is moving forward with a process to sell Ecogas and a portion of its interest in Sempra Infrastructure Partners.
  • SDG&E's earnings were $281 million, while SoCalGas reported earnings of $443 million.
  • The company is pursuing cost recovery for wildfire mitigation and pipeline safety enhancement plans.
  • Sempra is managing its capital structure and paying dividends as approved by the board of directors.
  • The company is addressing legal proceedings, including those related to the Aliso Canyon natural gas storage facility leak and land disputes affecting the ECA Regas Facility.
Sentiment

Score: 7

Explanation: The document presents a generally positive outlook with increased earnings and strategic developments. However, it also acknowledges risks and challenges, such as legal proceedings and regulatory hurdles, which temper the overall sentiment.

Positives
  • Sempra California's earnings increased due to higher CPUC base operating margin and income tax benefits.
  • Sempra Infrastructure's earnings increased due to favorable foreign currency impacts and lower O&M expenses.
  • SDG&E issued $850 million in first mortgage bonds due in 2035.
  • Port Arthur LNG is under construction with expected commercial operations in 2027 and 2028 for the first and second trains, respectively.
Negatives
  • Sempra Texas Utilities' earnings decreased due to lower equity earnings from Oncor Holdings.
  • Sempra is facing legal proceedings related to the Aliso Canyon natural gas storage facility leak and land disputes affecting the ECA Regas Facility.
  • The company is exposed to potential cost overruns for large projects and other material events.
  • S&P revised Sempras outlook to negative from stable and downgraded SoCalGas issuer credit rating to Afrom A.
Risks
  • California wildfires and potential liability for damages.
  • Regulatory decisions and actions by various bodies.
  • Success of business development efforts, construction projects, acquisitions, and divestitures.
  • Changes to capital expenditure plans and their potential impact on rate base or other growth.
  • Changes to trade and other foreign policy, including the imposition of tariffs.
  • Cybersecurity threats and potential attacks on systems.
  • Availability, uses, sufficiency, and cost of capital resources.
  • Impact on affordability of SDG&Es and SoCalGas customer rates.
  • Impact of climate policies, laws, rules, regulations, trends and required disclosures.
  • Weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events.
  • Availability of electric power, natural gas and natural gas storage capacity.
  • Oncors ability to reduce or eliminate its quarterly dividends.
  • Litigation related to the Aliso Canyon natural gas storage facility leak and land disputes affecting the ECA Regas Facility.
  • Construction Incident at Port Arthur LNG.
Future Outlook

Sempra expects to complete the sale of Ecogas and a portion of its interest in Sempra Infrastructure Partners over the next 12-18 months. The company is targeting a final investment decision for the PA LNG Phase 2 project in 2025.

Industry Context

The announcement reflects the ongoing trends in the energy industry, including the increasing importance of LNG, renewable energy, and the need for infrastructure development to support these areas. The company is also navigating regulatory challenges and legal proceedings that are common in the energy sector.

Comparison to Industry Standards
  • The document does not contain specific comparisons to industry standards.
  • However, the company's focus on LNG projects aligns with the industry trend of increasing LNG exports.
  • The company's investments in renewable energy projects are also in line with the industry's shift towards cleaner energy sources.
  • The company's efforts to manage its capital structure and maintain its credit ratings are consistent with industry best practices.
Stakeholder Impact
  • The company's performance and strategic decisions will impact shareholders, customers, employees, and the communities it serves.
  • The company is committed to providing safe, sustainable, and reliable energy to its customers.
  • The company is working to mitigate risks and address legal and regulatory challenges to protect its stakeholders' interests.
Next Steps
  • Complete the sale of Ecogas and a portion of its interest in Sempra Infrastructure Partners.
  • Obtain permits, execute definitive agreements for LNG offtake and equity investments, and secure project financing for the PA LNG Phase 2 project.
  • Continue construction of the PA LNG Phase 1 project and address the construction incident.
  • Continue to litigate the 2022 Permit before the U.S. Court of Appeals for the Fifth Circuit.
  • Pursue cost recovery for wildfire mitigation and pipeline safety enhancement plans.
  • Obtain a final decision from the CPUC on the cost of capital for 2026 through 2028.
  • Continue to acquire and pursue the necessary rights-of-way and permits for the portion of the Sonora pipeline that needs to be re-routed.
Legal Proceedings
  • SDG&E is involved in litigation related to the City of San Diego franchise agreement.
  • SoCalGas is facing legal proceedings related to the Aliso Canyon natural gas storage facility leak.
  • Sempra Infrastructure is involved in land disputes and permit challenges affecting the ECA Regas Facility.
  • Port Arthur LNG is litigating the 2022 Permit before the U.S. Court of Appeals for the Fifth Circuit.
  • Three complaints have been filed in connection with the construction incident at the site of the PA LNG Phase 1 project.
Key Dates
  • March 1, 2025: Effective date of the Severance Pay Agreement.
  • March 18, 2025: Date of Supplemental Indenture.
  • March 28, 2025: Decision to sell Ecogas and a portion of Sempra Infrastructure Partners.
  • March 31, 2025: End of the quarterly period for the Form 10-Q report.
  • May 5, 2025: Latest practicable date for common stock outstanding.
  • May 8, 2025: Date of report signatures.
Keywords
Sempra, earnings, financial results, SDG&E, SoCalGas, Sempra Infrastructure, Oncor, LNG, regulatory, capital expenditures, dividends, debt, credit ratings, legal proceedings, tariffs, wildfires
SRE 
Sempra 
NYSE
Sector: Utilities
 
Filings with Classifications
Better than expected
23 June 2025 6:56 AM
Regulatory Update
  • The new Unified Tracker Mechanism (UTM) is expected to improve Oncor's earnings, cash flows, and credit metrics.
  • The UTM is projected to improve Oncor's earned annual returns on equity by approximately 50 to 100 basis points.
  • The mechanism allows for more timely recovery of capital investments, reducing regulatory lag compared to previous methods.
Capital raise
13 May 2025 4:20 PM
Debt Offering Announcement
  • Southern California Gas Company is raising $1.1 billion through the issuance of first mortgage bonds.
  • The funds are intended for general corporate purposes.
Capital raise
8 May 2025 8:07 PM
Quarterly Report
  • Sempra established an ATM program providing for the offer and sale of shares of Sempra common stock having an aggregate gross sales price of up to $3.0 billion.
  • Sempra entered into forward sale agreements under the ATM program with Bank of America, N.A. and Wells Fargo Bank, N.A.
Better than expected
8 May 2025 8:07 PM
Quarterly Report
  • Sempra's Q1 2025 earnings attributable to common shares increased to $906 million, or $1.39 per share, compared to $801 million, or $1.27 per share, in the prior year.
Better than expected
8 May 2025 10:53 AM
Earnings Release
  • Sempra's first-quarter 2025 GAAP earnings increased to $906 million ($1.39 per diluted share) from $801 million ($1.26 per diluted share) in the first quarter of 2024.
  • Adjusted first-quarter 2025 earnings rose to $942 million ($1.44 per diluted share) from $854 million ($1.34 per diluted share) in 2024.
Better than expected
28 March 2025 4:14 PM
Proxy Statement
  • Sempra's three-year total shareholder return far outpaced the return of the S&P 500 Utilities Index and more than tripled the returns of the S&P 500 and S&P 500 Utilities Indices since the beginning of this century (from December 31, 1999 through December 31, 2024).
Capital raise
25 March 2025 4:17 PM
Debt Offering
  • San Diego Gas & Electric Company is raising $850 million through the issuance of 5.400% First Mortgage Bonds, Series CCCC, due 2035.
  • The net proceeds are estimated to be approximately $842.1 million after deducting the underwriting discount but before deducting the Companys estimated offering expenses.
Worse than expected
25 February 2025 4:57 PM
Annual Report
  • Earnings attributable to common shares decreased from $3.030 billion in 2023 to $2.817 billion in 2024.
  • Total revenue decreased from $16.720 billion in 2023 to $13.185 billion in 2024.
Delay expected
25 February 2025 4:57 PM
Annual Report
  • The ECA LNG Phase 1 project is expected to commence commercial operations in the spring of 2026, which is later than previously anticipated.
  • The first and second trains of the PA LNG Phase 1 project are expected to commence commercial operations in 2027 and 2028, respectively, which is later than previously anticipated.
Capital raise
25 February 2025 4:57 PM
Annual Report
  • Sempra established an ATM program providing for the offer and sale of shares of Sempra common stock having an aggregate gross sales price of up to $3.0 billion.
  • Sempra entered into a forward sale agreement under the ATM program for the sale of 2,909,274 shares of Sempra common stock.
Worse than expected
25 February 2025 10:54 AM
Earnings Release
  • Full-year 2024 GAAP earnings decreased compared to 2023.
  • The revision of the full-year 2025 EPS guidance range to $4.30 to $4.70 may be viewed negatively.
Capital raise
21 November 2024 4:05 PM
Debt Offering
  • Sempra closed a public offering of $400 million of 6.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 and $600 million of 6.550% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055.
  • The total proceeds to Sempra from the sale of the notes were approximately $990 million, after deducting underwriting discounts but before deducting offering expenses estimated at $1.7 million.
Worse than expected
6 November 2024 3:40 PM
Quarterly Report
  • Sempra's third quarter earnings were worse than the same period last year due to lower revenues and higher interest expenses.
  • Sempra California's earnings were worse than the same period last year due to lower income tax benefits and higher net interest expenses.
  • Sempra Texas Utilities' earnings were worse than the same period last year due to lower equity earnings from Oncor Holdings.
Capital raise
6 November 2024 3:40 PM
Quarterly Report
  • Sempra established an ATM program to offer and sell shares of common stock with an aggregate gross sales price of up to $3.0 billion.
  • The company intends to use the net proceeds for working capital and other general corporate purposes, including to partly finance anticipated increases to its long-term capital plan and to repay outstanding commercial paper and potentially other indebtedness.
Capital raise
6 November 2024 10:50 AM
Quarterly Report
  • The company has put in place a $3 billion at-the-market (ATM) equity offering program to support general corporate purposes including its future financing needs.
Worse than expected
6 November 2024 10:50 AM
Quarterly Report
  • Third-quarter 2024 GAAP and adjusted earnings were lower compared to the same period in 2023.
  • The company has lowered its full-year 2024 GAAP EPS guidance range.
Capital raise
9 September 2024 4:02 PM
Debt Offering Announcement
  • Sempra has raised $1.25 billion through the issuance of junior subordinated notes.
  • The net proceeds to the company are approximately $1.238 billion after deducting underwriting discounts.
Capital raise
9 August 2024 4:45 PM
Debt Issuance Announcement
  • Southern California Gas Company is raising $600 million through the issuance of First Mortgage Bonds.
  • The net proceeds are estimated to be approximately $593.2 million after deducting the underwriting discount.
Worse than expected
6 August 2024 3:48 PM
Quarterly Report
  • Sempra's year-to-date earnings were worse than the same period last year, primarily due to lower income tax benefits and unrealized losses on commodity derivatives.
Capital raise
6 August 2024 3:48 PM
Quarterly Report
  • Sempra completed an offering of 19,242,010 shares of its common stock in November 2023.
  • Sempra has forward sale agreements for 17,142,858 shares of its common stock, which may be settled no later than December 31, 2024.
Worse than expected
6 August 2024 10:54 AM
Quarterly Report
  • Sempra's adjusted earnings for the second quarter of 2024 were lower than the same period in 2023.
  • Sempra's adjusted earnings for the first six months of 2024 were also lower than the same period in 2023.
Delay expected
6 August 2024 10:54 AM
Quarterly Report
  • The Energa Costa Azul LNG Phase 1 project has experienced labor and productivity challenges, which has delayed the expected mechanical completion and first LNG to 2025, with commercial operations targeted for spring 2026.
Capital raise
31 May 2024 4:02 PM
Debt Offering Announcement
  • Sempra raised $500 million through the issuance of junior subordinated notes.
  • The proceeds will be used for general corporate purposes.
Capital raise
7 May 2024 4:29 PM
Quarterly Report
  • Sempra completed an offering of 17,142,858 shares of common stock in November 2023.
  • The company expects to settle forward sale agreements related to the offering by December 31, 2024, which may result in additional cash proceeds.
  • Sempra may elect cash settlement or net share settlement for all or a portion of its obligations under the forward sale agreements.
Worse than expected
7 May 2024 4:29 PM
Quarterly Report
  • Sempra's earnings were worse than expected due to lower natural gas prices and unrealized losses on commodity derivatives.
  • Sempra California's earnings were worse than expected due to lower CPUC base operating margin and higher interest expenses.
  • Sempra Infrastructure's earnings were worse than expected due to unrealized losses on commodity derivatives and lower transportation revenues.
Worse than expected
7 May 2024 11:02 AM
Quarterly Report
  • Sempra's GAAP earnings decreased from $969 million in Q1 2023 to $801 million in Q1 2024.
  • Adjusted earnings also decreased from $922 million in Q1 2023 to $854 million in Q1 2024.
Better than expected
17 April 2024 4:18 PM
Proxy Statement Supplement
  • Sempra achieved record revenue of $16.7B in 2023.
  • GAAP EPS has grown at a 22.9% CAGR and adjusted EPS has grown at a 10.3% CAGR from 2018-2023.
  • Sempra increased its five-year capital plan by 20% to $48 billion.
Better than expected
25 March 2024 8:01 AM
Proxy Statement
  • Sempra's business strategy helped the company deliver a series of record financial results in 2023.
  • The company's total shareholder return has outpaced the return of the S&P 500 Utilities Index during the past one, three and five years.
  • Sempra California reduced methane emissions by approximately 70% from 2015 levels through 2022.
  • 2023 annual bonuses were achieved at 176% of target based on performance on ABP Earnings, Safety Measures, and Sustainability Measures.
  • The overall payout for the 2021-2023 LTIP awards based on relative TSR and EPS growth was 163% of target.
Capital raise
19 March 2024 4:21 PM
Debt Issuance Announcement
  • San Diego Gas & Electric is raising $600 million through the issuance of first mortgage bonds.
  • The net proceeds are estimated to be approximately $588.7 million after deducting the underwriting discount but before deducting the company's estimated offering expenses.
Capital raise
18 March 2024 4:40 PM
Debt Issuance Announcement
  • Southern California Gas Company raised $500 million through the issuance of First Mortgage Bonds.
  • The proceeds will be used for general corporate purposes.
Capital raise
14 March 2024 4:01 PM
Debt Offering Announcement
  • Sempra has raised $600 million through the issuance of 6.875% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054.
  • The net proceeds to the company were approximately $594 million after deducting underwriting discounts but before other expenses.
Capital raise
13 March 2024 4:08 PM
Debt Offering Announcement
  • Southern California Gas Company is raising $500 million through the issuance of First Mortgage Bonds.
  • The net proceeds are estimated to be approximately $492.4 million after deducting underwriting discounts.
Better than expected
27 February 2024 10:55 AM
Annual Results
  • Sempra's full-year 2023 GAAP earnings of $3.03 billion were significantly better than the $2.09 billion reported in 2022.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.