SRE SEC Filings

Sempra announced a significant leadership transition within its finance and operational arms. Effective around the closing of its planned sale of a portion of its equity interest in Sempra Infrastructure Partners, LP (expected in Q3 2026), Justin C. Bird will assume the role of Executive Vice President and Chief Financial Officer (CFO). Mr. Bird brings extensive experience within the Sempra family, having held senior leadership positions for over two decades, including his recent role as Executive Vice President and CEO of Sempra Infrastructure. Concurrently, Karen L. Sedgwick, the current CFO, will transition to lead Southern California Gas Company as its Chief Executive Officer and President. This strategic realignment positions experienced leadership within key segments of Sempra’s business. Investors should note that Mr. Bird’s compensation is not expected to change due to this appointment, and further details can be found in Sempra's 2026 Proxy Statement. The report also reiterates forward-looking statement disclaimers and risk factors, including those related to regulatory environments, project execution, capital markets, and operational disruptions.

Sempra Energy (SRE) announced through its subsidiaries, San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas), that they have submitted their 2028 General Rate Case (GRC) applications to the California Public Utilities Commission (CPUC). These applications seek approval for test year revenue requirements for 2028 and attrition adjustments for 2029 through 2031. The requested revenue increases are intended to cover essential operating costs, regulatory compliance, and rising expenses such as insurance and employee healthcare. SDG&E has requested $3,760 million for the 2028 test year and attrition year adjustments of $327 million, $226 million, and $240 million for 2029, 2030, and 2031, respectively. SoCalGas is seeking $5,096 million for the 2028 test year and attrition year adjustments of $315 million, $312 million, and $314 million for 2029, 2030, and 2031, respectively. The CPUC's final decision could differ from these requests, with an expected proposed decision by the end of 2027 for rates effective in January 2028. Sempra also noted its intention to utilize a "Corporate Updates" webpage on its investor relations site for disclosing important information, supplementing its other communication channels.

Sempra (SRE) announced the successful closing of its public offering and sale of $1 billion in Floating Rate Notes due 2028 on June 9, 2026. The net proceeds from this offering, after deducting underwriting discounts but before other expenses, are approximately $998.5 million. This debt issuance was registered under an effective shelf registration statement on Form S-3, indicating a well-established process for capital raising. The newly issued notes bear interest at a floating rate tied to Compounded SOFR plus a spread of 0.670% per annum. They mature on January 7, 2028, with quarterly interest payments commencing October 7, 2026. Notably, the notes are not redeemable by the company prior to maturity, providing investors with a fixed maturity date. This offering represents a strategic move by Sempra to access capital for its operations and growth initiatives.

Sempra Energy's indirect subsidiary, Southern California Gas Company (SoCalGas), has successfully closed a public offering and sale of $650 million in First Mortgage Bonds, Series FFF, due 2056. These bonds carry a coupon rate of 5.900% and mature on June 1, 2056. The offering was registered under SoCalGas's Form S-3 registration statement, providing a clear framework for the issuance. This debt issuance is a significant event for SoCalGas, aimed at securing long-term financing for its operations and potential future projects.

Sempra (SRE) held its 2026 Annual Shareholders Meeting on May 12, 2026, with the results detailed in this 8-K filing. The meeting saw the re-election of all eleven director nominees with overwhelming support, indicating strong shareholder confidence in the current board's leadership and governance. Shareholders also overwhelmingly ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2026, reinforcing established audit practices. Furthermore, the advisory vote on executive compensation received substantial approval, suggesting shareholders are generally satisfied with the company's compensation practices. However, a shareholder proposal requesting an independent board chairman was not approved, with a significant majority voting against it. This outcome highlights a divergence in opinion on board structure, with shareholders favoring the current approach.

Sempra's indirect subsidiary, Southern California Gas Company (SoCalGas), announced on May 11, 2026, the issuance and sale of $650 million in aggregate principal amount of 5.900% First Mortgage Bonds, Series FFF, due 2056. These bonds are being offered at a public offering price of 99.536% of their principal amount. The offering is conducted as a registered public offering under an effective shelf registration statement on Form S-3 filed with the SEC. This debt issuance is a significant event for SoCalGas and, by extension, Sempra. The capital raised will likely be used to fund ongoing operations, infrastructure investments, or refinance existing debt. Investors should note the fixed interest rate of 5.900% and the long-term maturity of 2056, indicating a strategic move to secure long-term funding at a specific cost. The market's reaction to this offering, as reflected in the pricing, will be important to monitor.

Sempra (SRE) filed an 8-K on May 7, 2026, primarily to announce its financial results for the first quarter ended March 31, 2026, through a press release. While the 8-K itself does not contain detailed financial tables, it directs investors to the attached press release (Exhibit 99.1) for the specifics of the company's performance during the period. Investors should consult Exhibit 99.1 for crucial details regarding revenue, earnings per share, operating income, and any forward-looking guidance provided by Sempra for the remainder of 2026.

Sempra reported a solid first quarter for 2026, with earnings attributable to common shares of $1.04 billion, or $1.58 per diluted share, a significant increase from $919 million, or $1.39 per diluted share, in the first quarter of 2025. This growth was primarily driven by strong performance in the Sempra Infrastructure segment, which saw a $116 million increase in earnings. Sempra California's earnings remained relatively stable, while Sempra Texas Utilities experienced a notable increase in earnings due to higher equity earnings from Oncor Holdings. The company's balance sheet shows total assets of $113.5 billion as of March 31, 2026, with total liabilities, contingently redeemable noncontrolling interest, and equity reflecting a robust financial position. Cash flows from operations were strong at $1.81 billion, supporting significant investing activities, primarily in property, plant, and equipment across its segments. The company also managed its financing activities effectively, demonstrating access to capital markets. Key strategic initiatives include the planned sale of a portion of its equity interest in SI Partners and the sale of Ecogas, expected to close in the second or third quarter of 2026. These divestitures are part of Sempra's capital recycling program and are anticipated to strengthen the company's financial flexibility.

This 8-K filing from Sempra (SRE) announces the final order from the Public Utility Commission of Texas (PUCT) regarding Oncor Electric Delivery Company LLC's ("Oncor") comprehensive base rate review. The PUCT approved a settlement, resulting in an annual revenue requirement increase for Oncor of approximately $560 million (8.7%), bringing the total to $6.97 billion. This rate adjustment is expected to positively impact Oncor's future earnings, cash flow, and credit metrics. The order also includes an updated regulatory capital structure, a slight increase in the authorized return on equity, and a higher self-insurance reserve for storm costs. Importantly, Oncor is permitted to surcharge for the period between January 1, 2026, and the effective date of new rates, with recovery expected during 2026, providing a near-term cash flow benefit.

Sempra Energy (SRE) subsidiary San Diego Gas & Electric Company (SDG&E) has filed an unopposed offer of settlement with the Federal Energy Regulatory Commission (FERC) regarding its TO6 proceeding. This settlement proposes an increase in SDG&E's authorized base return on equity from 10.10% to 10.28% and establishes a hypothetical capital structure with 54% equity. This is a positive development as it provides clarity on future revenue generation for SDG&E's transmission operations. The terms of the settlement are subject to FERC approval, which is anticipated in the second half of 2026. If approved, these changes would be retroactively effective from June 1, 2025. Crucially, Sempra expects the financial impact of this settlement to fall within its previously announced 2026 and 2027 earnings-per-common-share (EPS) guidance ranges, indicating no negative surprise to near-term earnings expectations.

This 8-K filing from Sempra Energy (SRE) reports on the closing of a public offering by its indirect subsidiary, San Diego Gas & Electric Company (SDG&E). SDG&E successfully issued and sold $625 million in 5.200% First Mortgage Bonds due 2036 (Series DDDD Bonds) and $475 million in 5.950% First Mortgage Bonds due 2056 (Series EEEE Bonds). The net proceeds, after deducting underwriting discounts and estimated offering expenses of $2.6 million, will be used by SDG&E to fund its operations and capital expenditures. This offering was registered under SDG&E's existing Form S-3 registration statement. For investors, this offering represents a significant debt issuance by a key subsidiary, aimed at strengthening its financial position and supporting future growth initiatives. The bonds have fixed interest rates and are secured by SDG&E's first mortgage liens, providing a level of security for bondholders. The maturity dates extend to 2036 and 2056, indicating long-term financing for the company. Investors should note the terms and conditions associated with these new bond issuances, as detailed in the supplemental indentures filed with this report.

Sempra Energy's subsidiary, San Diego Gas & Electric Company (SDG&E), has announced the issuance and sale of $1.1 billion in aggregate principal amount of new first mortgage bonds. This offering includes $625 million of 5.200% Series DDDD Bonds due in 2036 and $475 million of 5.950% Series EEEE Bonds due in 2056. The issuance was conducted through an underwriting agreement with a syndicate of reputable financial institutions, including BofA Securities, Goldman Sachs, RBC Capital Markets, and Truist Securities. This debt financing is being carried out under SDG&E's existing shelf registration statement on Form S-3, indicating a planned capital raise. Investors should note the specific interest rates and maturity dates for each bond series, as well as the slight discount to par value at which they are being offered. The proceeds from this offering are intended to fund SDG&E's ongoing capital expenditures and general corporate purposes, which is typical for utility companies seeking to invest in infrastructure and maintain operations.

Sempra (SRE) announced on March 13, 2026, the successful closing of a public offering and sale of $800 million in aggregate principal amount of 5.250% Notes due 2036. The net proceeds to the company, after deducting underwriting discounts but before estimated offering expenses of approximately $2.0 million, were approximately $793.4 million. This debt issuance was registered under the company's effective shelf registration statement on Form S-3. The newly issued notes carry a fixed annual interest rate of 5.250% and mature on March 15, 2036. Interest payments will be made semi-annually on March 15 and September 15, commencing September 15, 2026. The company retains the option to redeem these notes prior to maturity, subject to terms outlined in the associated documentation.

Sempra Energy (SRE) has filed its 2025 Form 10-K, detailing its financial performance and operational highlights across its key segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The company continues to focus on its strategy of building America's leading utility growth business by investing in regulated utilities in California and Texas, alongside energy infrastructure development. A significant event disclosed is the planned sale of a 45% equity interest in SI Partners to KKR Partners, expected to close in mid-2026, which will result in Sempra deconsolidating SI Partners and accounting for its remaining 25% interest under the equity method. This strategic move aims to enhance shareholder value and optimize capital allocation. The company's regulated utilities in California, San Diego Gas & Electric (SDG&E) and Southern California Gas Company (SoCalGas), are subject to extensive regulatory oversight, with ongoing proceedings impacting rates and cost recovery. The Sempra Infrastructure segment is actively developing and constructing several large-scale LNG projects, including Cameron LNG Phase 1 and Phase 2, and Port Arthur LNG Phase 1 and Phase 2, which represent significant investments and growth opportunities, albeit with inherent project development risks. The company's financial results for 2025 reflect varying performance across segments, with Sempra California experiencing a decrease in earnings primarily due to regulatory disallowances, while Sempra Texas Utilities saw an increase driven by Oncor's performance. Sempra Infrastructure reported losses in 2025, largely due to tax expenses related to assets held for sale and foreign currency impacts.

Sempra (SRE) has filed an 8-K report on February 26, 2026, to announce its financial results for the fourth quarter and full year ended December 31, 2025. The report primarily references a press release (Exhibit 99.1) and segment-level financial data (Exhibit 99.2) that provide details on the company's performance. Investors should review these attached exhibits for specific financial metrics, operational performance by segment, and forward-looking statements or guidance provided by management. It is important to note that the information furnished under Item 2.02 is not considered 'filed' for regulatory purposes and is not automatically incorporated by reference into other Sempra filings, meaning investors should treat this information as supplemental and directly review the provided exhibits for the most current details.

Sempra Energy (SRE) announced via an 8-K filing on January 29, 2026, that its subsidiary, Oncor Electric Delivery Company LLC (Oncor), has reached a comprehensive settlement for its base rate review with the Public Utility Commission of Texas (PUCT) and other relevant parties. The proposed settlement, filed on the same day, aims to increase Oncor's annual revenue requirement by approximately 8.8%, or $560 million, bringing the total to $6.975 billion. This adjustment is a key development for investors as it signals a potential improvement in Oncor's financial performance and ability to fund operations and growth. The settlement also proposes adjustments to Oncor's regulatory capital structure, increasing the authorized return on equity (ROE) to 9.75% from 9.70% and the authorized cost of debt to 4.94% from 4.39%. Additionally, it includes an enhanced self-insurance reserve for storm costs and other self-insured losses. If approved by the PUCT, new rates are expected to be implemented after a final order in the first half of 2026, with potential back-billing to January 1, 2026. Sempra expects positive impacts on earnings, cash flow, and credit metrics.

This 8-K filing from Sempra (SRE) on January 21, 2026, primarily serves to disclose a media statement issued by its subsidiary, Southern California Gas Company (SoCalGas), on January 20, 2026. While the details of the media statement are not provided within this filing, its issuance is the key event being reported. Investors should note that this disclosure is made under Regulation FD and is furnished, not filed, meaning it does not trigger incorporation by reference into other Sempra filings. The report also includes standard exhibit information and a comprehensive list of forward-looking statements and risk factors relevant to Sempra's operations and future performance. The forward-looking statements section is particularly extensive, highlighting numerous potential risks and uncertainties that could materially impact the company's actual results. These include regulatory actions, the impact of wildfires and related liabilities, cybersecurity threats, capital market volatility, commodity price fluctuations, climate policies, and operational disruptions. Investors are strongly advised to review these risks in conjunction with the company's other SEC filings for a complete understanding of potential challenges.

Sempra Energy (SRE) has filed an 8-K report detailing outcomes from recent California Public Utilities Commission (CPUC) proceedings. The CPUC has approved a final decision in the 2026 Cost of Capital proceeding for subsidiaries SDG&E and SoCalGas, which includes a slight improvement with a 5 basis point increase in the authorized return on equity, keeping other aspects consistent with the previously issued proposed decision. However, the report also highlights a significant development regarding SDG&E's Track 2 request in its 2024 General Rate Case. The CPUC did not vote on the proposed decision for this request, which is estimated to result in a substantial $471 million after-tax charge to Sempra's earnings in the fourth quarter of 2025. This charge encompasses amounts related to 2019-2024, as well as the first three quarters of 2025. Despite this significant charge, Sempra is guiding to the high end of its previously announced full-year 2025 adjusted EPS guidance range, and has updated its GAAP EPS guidance range to reflect the estimated impact.

Sempra Energy (SRE) has filed an 8-K report detailing proposed decisions from the California Public Utilities Commission (CPUC) concerning its subsidiaries, San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas). The report highlights two key areas: SDG&E's 2024 General Rate Case (GRC) Track 2 request and the 2026 Cost of Capital proceeding for both SDG&E and SoCalGas. The proposed decisions, while not final, indicate a significant reduction in the recovery of wildfire mitigation costs for SDG&E and a slightly lower authorized return on equity for both utilities compared to current rates. For SDG&E's GRC Track 2, the CPUC's proposed decision approves approximately $1.036 billion of the $1.472 billion requested for wildfire mitigation costs incurred from 2019-2022, with notable denials in operational and maintenance expenses. Furthermore, the proposed decision authorizes a lower total revenue requirement for ongoing capital-related costs from 2019-2027 than what SDG&E requested. In the Cost of Capital proceeding, the proposed decision maintains current capital structures but suggests a 35 basis point reduction in the authorized return on equity for both SDG&E and SoCalGas, effective 2026 through 2028. These proposed decisions are subject to public comment and a final vote by the CPUC. The outcomes could impact Sempra's subsidiaries' future revenue recovery and profitability. Investors should monitor the comment period and the final CPUC vote, scheduled for December 18, 2025, as these decisions will influence the financial performance of SDG&E and SoCalGas.

Sempra (SRE) reported its third-quarter and year-to-date financial results for the period ending September 29, 2025. The company experienced a significant decrease in net income to $150 million from $759 million in the same period last year, resulting in basic and diluted EPS of $0.12 for the quarter, down from $1.01 and $1.00 respectively in Q3 2024. For the nine months ended September 30, 2025, net income was $1.588 billion, a decrease from $2.511 billion in the prior year, with EPS of $2.21. The substantial decline in profitability appears to be driven by a large income tax expense recognized in the current period, particularly related to the classification of SI Partners and Ecogas as held for sale. Operationally, Sempra California (SDG&E and SoCalGas) showed mixed performance with increased revenues and earnings driven by regulatory rate adjustments, but also higher operating expenses and interest costs. Sempra Infrastructure faced significant challenges, reporting losses primarily due to income tax expenses related to asset sales and unfavorable foreign currency impacts. The company's capital expenditures remain substantial, with plans to invest heavily in infrastructure projects.

Sempra (SRE) has filed an 8-K report on November 4, 2025, primarily to disclose its financial results for the third quarter and the first nine months of 2025. This filing includes a press release and segment-level operational data, offering investors a snapshot of the company's performance through September 30, 2025. While the specifics of the financial performance are detailed in the accompanying exhibits, this 8-K serves as the official notification of their release by the company. Investors should carefully review the attached Exhibits 99.1 (press release) and 99.2 (segment data) for a comprehensive understanding of Sempra's financial condition and operational results. These documents will likely contain key metrics such as revenue, earnings per share, operating income by segment, and guidance updates, which are crucial for assessing the company's current trajectory and future outlook.

Sempra (SRE) has announced a significant strategic transaction involving its subsidiary, Sempra Infrastructure Partners, LP. The company has entered into a purchase and sale agreement to sell a 45% equity stake and the general partner interest in Sempra Infrastructure Partners to affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR) and Canada Pension Plan Investment Board (collectively, the "KKR Partners"). This transaction, valued at an aggregate base purchase price of $9.99 billion, aims to reduce Sempra's ownership to 35% while increasing the KKR Partners' stake to 65% of the outstanding Class A Units. The deal includes a substantial cash component, with a significant portion due at closing and the remainder structured as debt instruments with deferred payment dates and interest. In conjunction with this equity selldown, Sempra Infrastructure Partners has approved a positive Final Investment Decision (FID) for the second phase of the Port Arthur LNG liquefaction project (PA LNG Phase 2 project), a substantial undertaking with an estimated capital expenditure of $14 billion. Furthermore, a joint venture for the PA LNG Phase 2 project has secured significant equity investment from a consortium led by Blackstone Credit & Insurance, bringing in $3.4 billion in immediate funding and an additional $3.6 billion committed. These transactions represent a major shift in Sempra's infrastructure portfolio, potentially unlocking capital for future growth while introducing new partners and financial structures for its large-scale energy projects.

Sempra Energy (SRE) has filed an 8-K report detailing the enactment of California Senate Bill 254 (SB 254), also known as the 2025 Wildfire Legislation. This new law establishes a "Wildfire Fund Continuation Account" (Continuation Account) designed to provide an additional $18 billion in liquidity to cover catastrophic wildfire claims for large electric investor-owned utilities (IOUs) in California, including Sempra's subsidiary San Diego Gas & Electric (SDG&E), should the existing Wildfire Fund be depleted. The legislation preserves key protections from the 2019 Wildfire Legislation, such as cost recovery standards, liability caps, and access to liquidity. SDG&E intends to participate in the Continuation Account, which will be capitalized through a combination of ratepayer-backed bonds ($9 billion) and electric IOU shareholder contributions ($5.1 billion in fixed and contingent contributions through 2045). SDG&E's estimated shareholder contribution is $387 million. The Continuation Account will only apply to wildfires igniting after the legislation's effective date and has specific eligibility criteria for claims exceeding $1 billion or required insurance coverage. This development offers enhanced financial protection for Sempra's electric utility operations in California against potentially devastating wildfire liabilities.

Sempra (SRE) has successfully closed a public offering and sale of $800 million in aggregate principal amount of its 6.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056. The net proceeds from this issuance, approximately $792 million after underwriting discounts, are intended to fund a portion of the redemption of its outstanding 4.875% Series C Preferred Stock, pending board approval. This strategic move signals a potential shift in Sempra's capital structure, likely aimed at optimizing its cost of capital or deleveraging specific equity tranches. The new notes carry a fixed-rate coupon of 6.375% until April 1, 2031, after which the rate will reset based on the Five-year U.S. Treasury Rate plus a spread of 2.632%, with a floor of 6.375%. The notes also feature optional interest payment deferral capabilities for Sempra and redemption options for the company. Investors should note the junior subordinated nature of these notes, which implies a higher risk profile compared to senior debt.

Sempra (SRE) has filed an 8-K report on August 7, 2025, primarily to announce its financial results for the second quarter and the first half of the fiscal year ended June 30, 2025. The report includes a press release detailing these results and segmented financial data comparing the periods of 2025 to 2024. Investors should refer to the attached Exhibits 99.1 and 99.2 for the specific financial performance details. Notably, the information furnished in this Item 2.02 is not considered "filed" for regulatory purposes and will not be incorporated by reference into future Sempra filings, emphasizing that investors should rely on the provided press release and data directly.

Sempra (SRE) reported its financial results for the second quarter and first half of 2025. The company's overall performance saw a decrease in net income for both the three-month and six-month periods ending June 30, 2025, compared to the same periods in 2024. This decline was primarily driven by negative foreign currency and inflation effects impacting Sempra Infrastructure, along with certain regulatory disallowances for COVID-19 costs at Sempra California. Despite the overall decrease in net income, Sempra California's earnings saw an increase in the first half of the year due to higher CPUC-authorized base revenues and favorable tax treatments, although this was partially offset by higher interest expenses and regulatory disallowances. Sempra Texas Utilities reported a slight increase in earnings for the quarter but a decrease for the first half, mainly due to changes in equity earnings from Oncor Holdings. Sempra Infrastructure experienced a significant earnings decline, largely attributable to adverse foreign currency and inflation impacts, as well as a deferred tax liability recognized related to the planned sale of Ecogas. Looking ahead, Sempra remains focused on its strategic capital expenditure plan, with approximately $2.6 billion in common stock still available under its at-the-market program. The company continues to navigate regulatory environments, particularly with ongoing proceedings at the CPUC for SDG&E and SoCalGas, and faces various legal and operational risks, including those related to wildfires and infrastructure projects in Mexico.

Sempra (SRE) has filed an 8-K report detailing the enactment of Texas House Bill 5247 (HB 5247), which establishes a new "unified tracker mechanism" (UTM) for qualifying electric utilities. This UTM provides an alternative method for interim rate adjustments related to transmission and distribution (T&D) capital expenditures, streamlining cost recovery for eligible utilities. Oncor Electric Delivery Company LLC (Oncor), in which Sempra holds an 80.25% interest, is expected to qualify for and utilize this new mechanism. The UTM allows qualifying utilities to defer eligible T&D capital investment costs as a regulatory asset and mandates a review period by the Public Utility Commission of Texas (PUCT). Significantly, if the PUCT does not issue a final order within 165 days of filing, the utility can implement temporary rates, with any difference reconciled later. This is expected to improve Oncor's earnings, cash flows, and credit metrics, potentially enhancing earned annual returns on equity by 50 to 100 basis points.

This 8-K filing from Sempra (SRE) primarily details significant leadership changes within its California utility operations and its corporate finance team, effective July 5, 2025. Caroline A. Winn, previously CEO of SDG&E, has been promoted to executive vice president overseeing both SoCalGas and SDG&E, and will also take on non-executive chairman roles for both utility boards. This move signifies a consolidation of leadership oversight for Sempra's key California energy infrastructure assets, aiming for enhanced strategic direction and operational synergy. Concurrently, Peter R. Wall is stepping down as Senior Vice President, Controller, and Chief Accounting Officer of Sempra, as well as a director of SoCalGas. Dyan Z. Wold, who has a long tenure within Sempra's finance and accounting functions, most recently at Sempra Infrastructure Partners, has been appointed as Sempra's new Vice President, Controller, and Chief Accounting Officer. Ms. Wold's compensation will be adjusted to $365,000 annually, with eligibility for other executive benefits. These changes are intended to support Sempra's ongoing strategic initiatives and financial stewardship.

Sempra's indirect subsidiary, Southern California Gas Company (SoCalGas), has successfully closed a public offering of $1.1 billion in aggregate principal amount of first mortgage bonds. This issuance includes $600 million of 5.450% Series DDD Bonds due 2035 and $500 million of 6.000% Series EEE Bonds due 2055. The net proceeds from this offering, after deducting underwriting discounts but before other estimated expenses of $2.1 million, will be used by SoCalGas to fund its operations and general corporate purposes. The bonds were registered under SoCalGas's existing Form S-3 registration statement, indicating a routine financing activity for the company. This debt issuance is significant as it provides SoCalGas with long-term capital to support its infrastructure investments and operational needs. The differing interest rates and maturity dates for the two series of bonds offer flexibility in managing its debt profile and interest expense. Investors in these bonds are lending to a regulated utility subsidiary of a larger, established energy infrastructure company, with the bonds being secured by SoCalGas's mortgage property. The details regarding redemption options and specific terms are available in the filed supplemental indentures.

Sempra's 8-K filing from May 14, 2025, reports the outcomes of its 2025 Annual Shareholders Meeting held on May 13, 2025. The meeting saw strong shareholder support for the company's leadership and financial stewardship. All eleven director nominees were overwhelmingly elected, indicating confidence in the current board's direction and governance. Additionally, shareholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2025, reinforcing the company's commitment to robust financial oversight and transparency. The advisory vote on executive compensation also passed with a significant majority, suggesting shareholder alignment with the company's compensation strategies. These results collectively point to a stable and supportive shareholder base for Sempra's ongoing operations and strategic initiatives.

Sempra Energy's subsidiary, Southern California Gas Company, has announced the pricing of a significant debt offering totaling $1.1 billion. This offering consists of two tranches: $600 million in 5.450% First Mortgage Bonds, Series DDD, due 2035, and $500 million in 6.000% First Mortgage Bonds, Series EEE, due 2055. The bonds were issued at a slight discount to their principal amounts, indicating market conditions and the underwriters' pricing strategy. This debt issuance is being conducted under Sempra's existing shelf registration statement, suggesting a strategic move to raise capital for ongoing operations, infrastructure investments, or refinancing purposes. Investors should note that the specific use of proceeds is not detailed in this filing but is typically part of the broader prospectus. The successful placement of these bonds could impact Sempra's leverage ratios and overall capital structure.

Sempra reported solid financial results for the first quarter of 2025, with earnings attributable to common shares increasing by 13.1% year-over-year to $906 million, or $1.39 per diluted share, up from $801 million, or $1.26 per diluted share, in the prior year's first quarter. This growth was primarily driven by a significant increase in Sempra California's earnings, boosted by higher CPUC-authorized revenues and a favorable shift in income tax benefits related to gas repairs tax benefits. Sempra Infrastructure also contributed positively with a 11% increase in earnings, driven by favorable foreign currency impacts and lower provisions for expected credit losses, partially offset by less favorable commodity derivative impacts. However, Sempra Texas Utilities experienced a 20% decrease in earnings, mainly due to higher interest, depreciation, and O&M expenses at Oncor Holdings, despite revenue growth. The company's overall financial health remains robust, supported by strong operating cash flows and ample liquidity from committed credit facilities. Capital expenditures remain substantial, with $2.82 billion invested in PP&E and investments during the quarter, supporting long-term growth initiatives. The company continues to navigate regulatory environments and manage its diverse portfolio of energy infrastructure projects across North America.

Sempra (SRE) has filed an 8-K on May 8, 2025, to report its financial results for the first quarter ended March 31, 2025. The filing primarily directs investors to a press release (Exhibit 99.1) and segment data (Exhibit 99.2) for detailed information regarding its performance. While the specific figures are not embedded within the 8-K itself, the report signifies the official release of the company's Q1 2025 financial outcomes. Investors should consult the attached exhibits for a comprehensive understanding of Sempra's operational and financial condition for the period.

Sempra (SRE) announced on March 28, 2025, a strategic decision by its Board of Directors to initiate a divestiture process for two key assets: Ecogas México, S. de R.L. de C.V. ("Ecogas"), a regulated natural gas distribution utility in Mexico, and a portion of Sempra's 70% interest in Sempra Infrastructure Partners ("SI"), amounting to 15-30% of SI's total outstanding interests. This move signals a potential restructuring of Sempra's infrastructure segment, which comprises non-U.S. utility energy infrastructure assets. The process is expected to unfold over the next 12-18 months, subject to various conditions including regulatory approvals, definitive agreements, and satisfactory pricing.

Sempra Energy (SRE) announced through its indirect subsidiary, San Diego Gas & Electric Company (SDG&E), the successful closing of a public offering and sale of $850 million in aggregate principal amount of 5.400% First Mortgage Bonds. These bonds mature in April 2035 and were issued under an indenture dated March 28, 2025. The net proceeds to SDG&E, after deducting underwriting discounts but before other offering expenses, were approximately 99.070% of the principal amount, totaling around $842.1 million. This debt issuance is a standard capital markets transaction to fund operations and growth initiatives. This event signals SDG&E's ongoing access to capital markets and its ability to secure debt financing at a stated interest rate of 5.400%. The funds raised are expected to support the company's capital expenditure programs and overall financial strategy. Investors should note that this is a debt issuance, increasing the company's leverage, but also providing necessary capital for infrastructure development and utility services. The terms of the bonds, including redemption provisions, are detailed in the supplemental indenture filed as an exhibit.

Sempra Energy's indirect subsidiary, San Diego Gas & Electric Company (SDG&E), has entered into an underwriting agreement to issue and sell $850 million in 5.400% First Mortgage Bonds, Series CCCC, due in 2035. These bonds will be offered publicly at a price of 99.720% of their principal amount, representing a slight discount to par value. This debt issuance is being conducted under an effective shelf registration statement filed with the SEC. The offering is a standard part of capital management for utility companies, aimed at funding operations and potentially new projects. Investors should note that this is a debt offering by a subsidiary, and its proceeds will be used by SDG&E. The filing does not constitute an offer to sell or solicitation to buy, but rather provides notice of the agreement to issue and sell these securities.

Sempra (SRE) filed an 8-K on February 25, 2025, to announce its financial results for the three months and the full year ended December 31, 2024. The report primarily serves as an update, attaching a press release (Exhibit 99.1) and segment data (Exhibit 99.2) that detail these results. Investors should refer to these attached exhibits for specific financial performance figures, including revenue, earnings, and operational metrics broken down by Sempra's various business segments. The information provided in this 8-K is furnished, not filed, meaning it is for informational purposes and does not trigger the same level of regulatory liability or incorporation into other Sempra filings. Therefore, a thorough review of the press release and segment data is crucial for understanding the company's most recent financial condition and operational performance as presented by management.

Sempra Energy (SRE) reported its 2024 annual results, showcasing a robust financial performance driven by its diverse energy infrastructure portfolio across California, Texas, and Mexico. The company's regulated utility operations in California (SDG&E and SoCalGas) demonstrated stability, supported by updated revenue requirements from the CPUC. The Sempra Infrastructure segment continued to advance key development projects, including the ECA LNG Phase 1 and PA LNG Phase 1 projects, contributing positively to segment earnings. Sempra Texas Utilities, primarily through its investment in Oncor, also showed earnings growth. The company maintained a strong liquidity position and actively managed its capital structure, undertaking significant debt and equity issuances to support its capital expenditure plan. Looking ahead, Sempra remains focused on its mission to be North America's premier energy infrastructure company, emphasizing investments in transmission and distribution, and pursuing opportunities in cleaner energy solutions.

Sempra (SRE) has filed an 8-K to disclose an amendment to the Severance Pay Agreement for its Chief Executive Officer, Jeffrey W. Martin. The key change is the adjustment of his retirement age from 65 to 67. This amendment does not alter Mr. Martin's at-will employment status with Sempra and he does not have a formal employment agreement.

Sempra (SRE) announced via an 8-K filing on February 10, 2025, two new appointments to its Board of Directors, effective March 1, 2025. Anya Weaving has been appointed and meets the criteria for an independent director, including being an audit committee financial expert, and will serve on the Audit Committee and Compensation and Talent Development Committee. Kevin C. Sagara has also been appointed to the Board, specifically to the Safety, Sustainability and Technology Committee. However, Mr. Sagara will not be considered an independent director due to his recent executive role at Sempra, having retired in December 2023. Both new directors will be compensated under Sempra's standard program for non-employee directors, as previously detailed in the company's 2024 Proxy Statement.

Sempra Energy (SRE) has filed an 8-K report detailing the final decision from the California Public Utilities Commission (CPUC) regarding the 2024 General Rate Case (GRC) for its subsidiaries, San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas). The decision authorizes significant increases in revenue requirements for both utilities for 2024 and subsequent attrition years through 2027. This includes substantial percentage increases over 2023 authorized revenues, partially offset by tax benefits being flowed through to customers. The filing also outlines various mechanisms for SDG&E and SoCalGas to seek recovery of additional costs related to safety, maintenance, and reliability projects, such as wildfire mitigation, pipeline safety, and infrastructure upgrades. These potential future cost recovery requests are not included in the authorized revenue requirements stated in the GRC decision and will be subject to further CPUC approval. Additionally, the report addresses a Federal Energy Regulatory Commission (FERC) ruling that impacts SDG&E's transmission operations, leading to a non-GAAP charge, and confirms the CPUC's decision to allow the Aliso Canyon natural gas storage facility to continue operating, deeming it necessary for regional reliability.

Sempra (SRE) announced the successful closing of a public offering of $1 billion in aggregate principal amount of junior subordinated notes. This offering was split into two tranches: $400 million of 6.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 (Non-Call 5) and $600 million of 6.550% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 (Non-Call 10). The net proceeds from this offering, estimated at approximately $990 million after deducting underwriting discounts but before other expenses, will be utilized by the company. The notes feature reset rate provisions after their respective initial call protection periods, offering investors exposure to future interest rate environments. This issuance is a strategic move to bolster the company's capital structure.

Sempra (SRE) filed an 8-K on November 6, 2024, to announce its financial results for the third quarter and the first nine months of 2024. The report references a press release (Exhibit 99.1) and segment data (Exhibit 99.2) detailing the company's performance up to September 30, 2024. Investors should refer to these exhibits for the specific financial figures and operational segment performance. While the 8-K itself is brief and primarily serves to attach the earnings release and data, it signals that Sempra has disclosed its latest financial performance. The information provided is crucial for understanding the company's revenue, profitability, and operational trends across its various segments, as well as for assessing its financial health and outlook for the remainder of the fiscal year.

Sempra reported a decrease in revenues and net income for the nine months ended September 30, 2024, compared to the same period in the prior year. Total revenues decreased by 28.7% to $9.43 billion, and net income attributable to common shares fell by 8.2% to $2.15 billion. This decline was primarily driven by lower energy-related business revenues, impacted by softer commodity prices and reduced trading gains, as well as lower natural gas and electric revenues in Sempra California due to lower natural gas prices and volumes. The company also noted an increase in interest expense and lower income tax benefits. Despite these headwinds, Sempra California's earnings remained substantial, supported by regulatory rate base growth and higher authorized cost of capital. Sempra Texas Utilities saw an increase in earnings, driven by rate updates and customer growth at Oncor. Sempra Infrastructure's earnings were impacted by lower commodity derivative gains and reduced volumes in its renewables business, although positive foreign currency and inflation impacts provided some offset. The company ended the period with a solid liquidity position and available unused credit, while also actively managing its capital structure through debt issuances and common stock offerings.

This 8-K filing from Sempra (SRE) announces the upcoming retirement of Trevor I. Mihalik, Executive Vice President and Group President, effective January 1, 2025. Mr. Mihalik will also step down from his roles as non-executive Chairman of the Board and a director of Southern California Gas Company (SoCalGas), a key subsidiary. This leadership transition will impact the executive team and the governance of SoCalGas, a significant operational segment for Sempra.

Sempra (SRE) has successfully closed a public offering and sale of $1.25 billion in aggregate principal amount of its 6.400% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054. The net proceeds from this offering are approximately $1,238 million, after deducting underwriting discounts and before accounting for estimated offering expenses of $2.6 million. This issuance provides the company with significant capital, likely to support its ongoing investments in energy infrastructure and growth initiatives. The notes carry a fixed interest rate of 6.400% per annum until October 1, 2034. Following this period, the interest rate will reset every five years based on the Five-year U.S. Treasury Rate plus a spread of 2.632%. Notably, Sempra has the option to defer interest payments for up to 20 consecutive semi-annual periods, offering financial flexibility. The company also retains the option to redeem the notes under specific conditions, including a 90-day window prior to October 1, 2034, and on any interest payment date after that date, as well as upon the occurrence of certain specified events.

Sempra Energy (SRE) filed an 8-K report on September 9, 2024, disclosing the resignation of Bethany J. Mayer as a director, effective September 5, 2024. This event marks a change in the company's board composition. While the filing does not provide specific reasons for Ms. Mayer's departure, it is a standard disclosure requirement for significant board-level changes. Investors should monitor future filings for any information regarding the replacement of Ms. Mayer on the board or any potential strategic implications stemming from this change.

Sempra Energy (SRE) reported through its indirect subsidiary, Southern California Gas Company (SoCalGas), the successful closing of a public offering and sale of $600 million aggregate principal amount of 5.050% First Mortgage Bonds. These bonds, Series CCC, are due in 2034 and were issued at a price of 98.864% of their principal amount, resulting in net proceeds of approximately $593.2 million before other offering expenses. The issuance was registered under SoCalGas's Form S-3 registration statement. This debt issuance represents a significant financing event for SoCalGas, which is expected to be used for general corporate purposes. Investors should note the fixed 5.050% interest rate and the maturity date of September 1, 2034. The ability for SoCalGas to redeem these bonds prior to maturity at its option is also a key term to consider. The proceeds will likely support SoCalGas's ongoing operations and infrastructure investments.

Sempra Energy's indirect subsidiary, Southern California Gas Company (SoCalGas), has announced the issuance and sale of $600 million in aggregate principal amount of 5.050% First Mortgage Bonds, Series CCC, due 2034. These bonds are being offered at a public offering price of 99.514% of their principal amount in a registered public offering. This debt issuance is being conducted under an effective shelf registration statement on Form S-3 previously filed with the SEC. This move indicates SoCalGas's strategy to raise capital through debt financing to support its operations or future investments. Investors should note the specific interest rate and maturity date of these bonds. The filing details the underwriting agreement with Credit Agricole Securities (USA) Inc., MUFG Securities Americas Inc., RBC Capital Markets, LLC, and Truist Securities, Inc. as representatives of the underwriters. This debt issuance is a standard capital market activity and does not inherently signal a change in the company's fundamental financial health, but it does represent an increase in its leverage.

Sempra (SRE) reported its second-quarter 2024 financial results, with consolidated earnings attributable to common shares of $713 million, or $1.12 per diluted share. This represents an increase from the $603 million ($0.95 per diluted share) reported in the same period last year. The growth was primarily driven by stronger performance in the Sempra Infrastructure segment, which benefited from favorable foreign currency and inflation impacts in Mexico, along with improved equity earnings from Oncor Holdings within the Sempra Texas Utilities segment. However, the Sempra California segment experienced a year-over-year earnings decline, impacted by lower income tax benefits and regulatory awards in the current period compared to the prior year. The company continues to invest heavily in capital expenditures, particularly in Sempra Infrastructure for large-scale LNG projects and in Sempra California for infrastructure upgrades and wildfire mitigation. While overall liquidity remains strong with substantial available unused credit, investors should monitor the pending General Rate Case decisions for SDG&E and SoCalGas, as well as potential impacts from regulatory changes in Mexico and ongoing litigation.