SRE · Utilities
SEMPRA
Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window
News · 2026-08-08
- Capital Expenditure ProgramImportance 64 · Surprise 42Sempra outlined a $65 billion capital plan supporting Texas and California utility infrastructure and its broader growth strategy. Oncor is expanding transmission projects in Texas, while California utilities are…
- Capital Return Program (Dividend)Importance 13 · Surprise 6Sempra declared a quarterly dividend of $0.6575 per share. The dividend implies an annualized payout of approximately $2.63 per share. The reported annualized dividend yield was approximately 3.1% based on the…
News · 2026-08-07
- Texas Data Center Load FreezeImportance 53 · Surprise 60Texas imposed a statewide freeze on new data center interconnection approvals, creating uncertainty for Oncor's nearly 300 GW load pipeline. Oncor executives supported Governor Greg Abbott's decision, saying load…
- Preferred Stock RetirementImportance 25 · Surprise 42SoCalGas approved retirement of all outstanding shares of its 6% Preferred Stock and 6% Preferred Stock, Series A. Each preferred security has a $25 par value. The retirement is intended to simplify SoCalGas’s capital…
- Capital Return Program (Dividend)Importance 13 · Surprise 6Sempra declared a quarterly dividend of $0.6575 per share. The dividend implies an annualized payout of approximately $2.63 per share. The reported annualized dividend yield was approximately 3.1% based on the…
8-K · 2026-08-06
- Guidance and OutlookImportance 78 · Surprise 60Sempra updated its full-year 2026 GAAP EPS guidance range to $5.02–$5.55 after incorporating results through the second quarter. The company reaffirmed 2026 adjusted EPS guidance of $4.80–$5.30 and full-year 2027 EPS…
- Acquisition / Partnership / DivestitureImportance 65 · Surprise 60Sempra remains on track to sell a 45% equity interest in Sempra Infrastructure Partners to affiliates of KKR in the third quarter of 2026. The planned sale of Ecogas México is expected to close in August 2026 after…
- Capital Expenditure ProgramImportance 64 · Surprise 42Sempra invested more than $6 billion in capital expenditures during the first half of 2026 to support its utility businesses. The 2026–2030 capital plan totals approximately $65 billion, with 95% allocated to Texas and…
- Operating Cash Flow TrendsImportance 64 · Surprise 56Net cash provided by operating activities increased to $3.117 billion in the first half of 2026 from $2.266 billion in the first half of 2025. The improvement included a $268 million favorable change in working-capital…
- Data Center / Load GrowthImportance 64 · Surprise 42Texas is experiencing unprecedented electric-demand growth, with ERCOT setting a new all-time peak load of 91 GW in July 2026. ERCOT endorsed high-voltage transmission projects requiring more than $7 billion of…
- Regulated Capital Investment PlanImportance 64 · Surprise 42Sempra invested more than $6 billion across its businesses in the first half of 2026 to support energy-system safety, reliability and affordability. Its record 2026–2030 capital plan totals approximately $65 billion,…
- Capital Expenditure PlanImportance 64 · Surprise 42Sempra invested more than $6 billion in capital expenditures during the first half of 2026. The company’s record 2026–2030 capital plan totals approximately $65 billion, with 95% allocated to its Texas and California…
- Grid Modernization and ReliabilityImportance 64 · Surprise 42ERCOT endorsed more than $7 billion of high-voltage transmission projects to support approximately 16 GW of new Texas electric demand, subject to regulatory approval. The Public Utility Commission of Texas approved…
- Revenue Performance and MixImportance 62 · Surprise 46Second-quarter 2026 GAAP earnings increased to $796 million, or $1.21 diluted EPS, from $461 million, or $0.71, in second-quarter 2025. Adjusted earnings rose to $762 million, or $1.16 adjusted EPS, from $583 million,…
- Segment Earnings PerformanceImportance 62 · Surprise 46Second-quarter Sempra California earnings attributable to common shares increased to $297 million from $259 million, while Sempra Texas Utilities earnings rose to $346 million from $208 million. Sempra Infrastructure…
- Liquidity and Debt PositionImportance 62 · Surprise 46Cash, cash equivalents and restricted cash totaled $2.700 billion at June 30, 2026, compared with $184 million at June 30, 2025. Total short-term debt was $3.566 billion at June 30, down from $4.166 billion at December…
- Guidance / OutlookImportance 51 · Surprise 60Sempra updated its full-year 2026 GAAP EPS guidance to a range of $5.02 to $5.55. The company affirmed its 2026 adjusted EPS guidance of $4.80 to $5.30 and its 2027 EPS guidance of $5.10 to $5.70. Management also…
- Rate Case OutcomesImportance 46 · Surprise 42Oncor’s new base rates became effective June 1, 2026, and an approved surcharge took effect August 1 to recover the difference between the new rates and rates applicable from January 1 through June 1. Sempra stated…
- FX / Currency HeadwindsImportance 46 · Surprise 56Sempra reported a $71 million after-tax second-quarter 2026 impact from foreign currency and inflation on monetary positions in Mexico and associated undesignated derivatives. The comparable impact was $97 million in…
- Capital Return ProgramImportance 45 · Surprise 38Sempra paid $826 million of common dividends during the first six months of 2026, up from $787 million in the comparable 2025 period. The company repurchased $21 million of common stock, compared with $58 million in…
- Income Tax Rate ChangesImportance 45 · Surprise 66Second-quarter income tax expense declined to $112 million from $172 million, while pretax income increased to $507 million from $298 million. Six-month income tax expense decreased to $177 million from $229 million as…
- Regulatory Approval MilestonesImportance 40 · Surprise 42The Federal Energy Regulatory Commission approved SDGE’s TO6 electric transmission rate settlement during the second quarter of 2026. The settlement authorizes an approximately 10.28% base return on equity and provides…
- Geographic Market CommentaryImportance 31 · Surprise 32Sempra California’s second-quarter total gas deliveries declined to 174 Bcf from 189 Bcf a year earlier, while total electric deliveries increased to 3,891 million kWh from 3,714 million kWh. Oncor’s total electric…
News · 2026-08-06
- Segment Revenue PerformanceImportance 63 · Surprise 64Oncor’s second-quarter net income increased to $428 million from $259 million, a $169 million or approximately 65% year-over-year increase. Oncor’s higher earnings reflected surcharge revenue from its comprehensive…
- Acquisition / Partnership / DivestitureImportance 58 · Surprise 42Sempra is progressing with the divestiture of a 45% equity interest in Sempra Infrastructure Partners to affiliates of KKR. The transaction was expected to close in the third quarter of 2026. Sempra also reported…
- California Utility AffordabilityImportance 51 · Surprise 64San Diego Gas & Electric customers and local advocacy groups are pushing back against rising residential utility costs. Activists cited a 97% increase in SDG&E’s average residential rates over the past decade and…
- Data Center / Load GrowthImportance 46 · Surprise 42Oncor is experiencing unprecedented Texas electricity-demand growth from population increases, data centers, and industrial customers. The utility is expanding transmission lines and evaluating a large pipeline of new…
- Guidance and OutlookImportance 41 · Surprise 24Sempra reaffirmed its full-year 2026 adjusted EPS guidance and its long-term adjusted EPS growth rate after the second-quarter results. Reported FY 2026 EPS guidance was $4.80 to $5.30, while FY 2027 EPS guidance was…
- Revenue Performance and MixImportance 38 · Surprise 46Sempra reported second-quarter 2026 GAAP earnings of $796 million, or $1.21 per diluted share, versus $461 million in the prior-year quarter. Adjusted earnings were $762 million, or $1.16 per share, compared with $0.89…
- Capital Return Program (Dividend)Importance 13 · Surprise 6Sempra declared a quarterly dividend of $0.6575 per share. The dividend implies an annualized payout of approximately $2.63 per share. The reported annualized dividend yield was approximately 3.1% based on the…
News · 2026-08-04
- Guidance and OutlookImportance 41 · Surprise 24Sempra reaffirmed its full-year 2026 adjusted EPS guidance and its long-term adjusted EPS growth rate after the second-quarter results. Reported FY 2026 EPS guidance was $4.80 to $5.30, while FY 2027 EPS guidance was…
- ECA LNG Project DelayImportance 37 · Surprise 42Sempra delayed substantial completion of the ECA LNG Phase 1 project in Ensenada, Mexico, to the fourth quarter of 2026 after refrigerant-compressor damage was identified following the first cargo shipment.…