Sempra operates as an energy-services holding company in the United States and internationally. The company's San Diego Gas & Electric Company segment generates, transmits, and distributes electricity; and supplies natural gas. It offers electric services to approximately 3.7 million population and natural gas services to approximately 3.4 million population that covers 4,100 square miles. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas to a population of approximately 22 million covering an area of 24,000 square miles. The company's Sempra Texas Utilities segment engages in the regulated transmission and distribution of electricity serving 3.7 million homes and businesses, and operation of 139,000 miles of transmission and distribution lines. Its transmission system includes 18,127 circuit miles of transmission lines, 336 transmission stations, and 806 distribution substations; distribution system comprises 121,129 miles of overhead and underground lines; and 63 miles of electric transmission lines. The company's Sempra Mexico segment develops, owns, operates, or holds interests in natural gas, electric, LNG, LPG, ethane, and liquid fuels infrastructure; purchases LNG; purchases and sells natural gas; and operates natural-gas-fired, and wind and solar power generation facilities. Its assets/facilities consist of 1,850 miles of natural gas transmission pipelines, 15 compressor stations, and 139 miles of ethane pipelines; and 2,729 miles of natural gas distribution pipelines. Its Sempra LNG segment develops and builds natural gas liquefaction export facilities; holds an interest in a facility for the export of LNG; owns and operates natural gas pipelines; and buys, sells, and transports natural gas. The company was formerly known as Sempra Energy and changed its name to Sempra in July 2021. Sempra was founded in 1998 and is headquartered in San Diego, California.
IPO Year:
Exchange: NYSE
Website: sempra.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/9/2025 | $93.00 → $70.00 | Neutral | Citigroup |
3/18/2025 | Buy → Hold | Argus | |
3/3/2025 | $96.00 → $77.00 | Buy → Hold | Jefferies |
2/27/2025 | $95.00 → $72.00 | Overweight → Equal Weight | Barclays |
2/26/2025 | $95.00 → $78.00 | Buy → Neutral | UBS |
2/26/2025 | $99.00 → $76.00 | Buy → Neutral | Goldman |
12/13/2024 | $85.00 → $98.00 | Equal-Weight → Overweight | Morgan Stanley |
10/24/2024 | $98.00 | Buy | Jefferies |
9/12/2024 | $94.00 | Buy | BofA Securities |
1/11/2024 | $76.00 → $84.00 | Market Perform → Outperform | BMO Capital Markets |
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DALLAS, Aug. 7, 2025 /PRNewswire/ -- Oncor Electric Delivery Company LLC (Oncor) today reported net income of $259 million for the three months ended June 30, 2025, compared to net income of $251 million in the three months ended June 30, 2024. The increase in net income of $8 million was driven by overall higher revenues primarily attributable to updated interim rates to reflect increases in invested capital, an increase in other regulated revenues recognized related to Oncor's system resiliency plan (SRP) and the unified tracker mechanism (UTM) established by Texas House Bill 5247, and customer growth, partially offset by higher interest expense and depreciation expense associated with inc
SAN DIEGO, Aug. 7, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) today reported second-quarter 2025 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $461 million or $0.71 per diluted share, compared to second-quarter 2024 GAAP earnings of $713 million or $1.12 per diluted share. On an adjusted basis, second-quarter 2025 earnings were $583 million or $0.89 per diluted share, compared to $567 million or $0.89 per diluted share in 2024. "We are pleased to report another solid quarter," said Jeffrey W. Martin, chairman and CEO of Sempra. "We remain focused on the disciplined execution of our value creation initiatives for 2025, with a view toward continuing to
HOUSTON, July 31, 2025 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE:SRE), and JERA Co., Inc. (JERA) today announced a 20-year sale and purchase agreement for the supply of 1.5 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas. The LNG will be supplied on a free-on-board basis. This agreement marks a major step forward from the non-binding heads of agreement signed in June 2025 and underscores Sempra Infrastructure and JERA's shared commitment to supporting energy security and a lower carbon future through stable, long-term LNG supply. "This agreement establishes a long-
LOS ANGELES, July 30, 2025 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) announced today that its energy efficiency programs helped customers save more than $95 million on their utility bills last year. Customers saved more than 50 million net therms of energy, enough to meet the annual natural gas needs of nearly 125,000 California homes. These efforts also helped avoid more than 260,000 metric tons of CO2 emissions, or the equivalent of removing over 56,000 cars from the road for a year. "Our energy efficiency programs help give Californians practical ways to lower their energy use and reduce costs," said Andy Carrasco, vice president, communications and regional stakeholder engag
SAN DIEGO, July 28, 2025 /PRNewswire/ -- San Diego Gas & Electric (SDGE) announced today that it has been honored with two 2025 Chartwell Best Practices Awards: the Gold Award for Excellence in Outage Operations and the Silver Award for Excellence in Outage Communications. The awards recognize SDGE's leadership in safeguarding communities during extreme weather events and advancing innovative technologies to help reduce wildfire risks and power outages. "These awards reflect SDGE's unwavering commitment to safety, innovation, and customer-focused service," said Kevin Geraghty,
DALLAS, July 22, 2025 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its second quarter 2025 results on August 7, prior to Sempra's (NYSE:SRE) second quarter 2025 results conference call. Oncor's earnings release will be available on Oncor's website, oncor.com. Sempra executives will host a conference call at 12 p.m. ET on Thursday, August 7 that will include discussion of Oncor's second quarter 2025 operational and financial results. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on
SAN DIEGO, July 21, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) plans to release its second-quarter 2025 earnings by 8 a.m. ET on Thursday, August 7. Jeffrey W. Martin, chairman and CEO, Karen Sedgwick, executive vice president and chief financial officer and other senior leaders from across the company will host a conference call at 12 p.m. ET on Thursday, August 7. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on Sempra's Investors site, part of the company's website, and clicking on the appropriate link. An accompanying slide presentation detailing the earnings results will be published to the Investors site prior to market open on
LOS ANGELES, June 24, 2025 /PRNewswire/ -- The Pasadena Chamber of Commerce Foundation (PCCF) announced today a $75,000 donation from Southern California Gas Co. (SoCalGas) to support small businesses in Altadena, California, impacted by the recent Eaton Fire. The donation will help local businesses recover and reopen, and will cover critical expenses such as relocation, equipment replacement, and operational restart costs. PCCF will provide assistance to eligible businesses located in or previously operating within the 91001 ZIP code. "As small businesses work to rebuild after the devastation of the Eaton Fire, this support from SoCalGas is both timely and deeply appreciated," said Paul Lit
SAN DIEGO, June 17, 2025 /PRNewswire/ -- San Diego Gas & Electric (SDGE) is combining hooves-on-the-ground innovation with digital storytelling by launching a new Instagram account, @thegoatsdge, to spotlight its wildfire prevention efforts, just as 300 goats paraded through a San Diego neighborhood to their next grazing site. The event, which drew enthusiastic community support, is part of SDGE's broader wildfire mitigation strategy, using goats to clear flammable vegetation from transmission corridors while now also engaging the public year-round through a novel, behind-the-scenes social media platform.
HOUSTON, June 11, 2025 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE:SRE), today announced it has executed a non-binding heads of agreement (HOA) with JERA Co. Inc (JERA) for a 20-year sale and purchase agreement for liquefied natural gas (LNG) offtake of 1.5 million tonnes per annum (Mtpa) on a free on board basis from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas. "We are pleased to collaborate with JERA, Japan's largest power generation company and one of the world's largest LNG buyers, as they continue to work with the United States to diversify their sources to help strengthen the resilience and dependability of their energy supply," sa
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Citigroup reiterated coverage of Sempra Energy with a rating of Neutral and set a new price target of $70.00 from $93.00 previously
Argus downgraded Sempra Energy from Buy to Hold
Jefferies downgraded Sempra Energy from Buy to Hold and set a new price target of $77.00 from $96.00 previously
Barclays downgraded Sempra Energy from Overweight to Equal Weight and set a new price target of $72.00 from $95.00 previously
UBS downgraded Sempra Energy from Buy to Neutral and set a new price target of $78.00 from $95.00 previously
Goldman downgraded Sempra Energy from Buy to Neutral and set a new price target of $76.00 from $99.00 previously
Morgan Stanley upgraded Sempra Energy from Equal-Weight to Overweight and set a new price target of $98.00 from $85.00 previously
Jefferies initiated coverage of Sempra Energy with a rating of Buy and set a new price target of $98.00
BofA Securities resumed coverage of Sempra Energy with a rating of Buy and set a new price target of $94.00
BMO Capital Markets upgraded Sempra Energy from Market Perform to Outperform and set a new price target of $84.00 from $76.00 previously
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Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") announced today the appointment of Lisa Larroque Alexander to its Board of Directors. Ms. Alexander serves as Senior Vice President at Sempra (NYSE:SRE), a leading energy infrastructure company with a $43 billion market capitalization and a workforce of 22,000. She leads global corporate affairs and enterprise human resources, overseeing public policy, stakeholder engagement, talent development, pensions and trusts, and corporate ethics, sustainability, and human resources. With extensive experience at Sempra and its subsidiaries, Ms. Alexander has led strategy, research and development, public policy, industrial customer operations, and s
SAN DIEGO, Feb. 10, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) today announced the appointments of Anya Weaving and Kevin Sagara to the company's board of directors effective March 1, 2025. Weaving's extensive investment banking experience, where she advised clients in the oil and gas industry on strategy, mergers and acquisitions (M&A) and capital markets transactions, combined with her previous role as a chief financial officer, brings industry knowledge and critical skills in strategic decision-making, financial acumen and governance to the board. With over 30 years of experie
SAN DIEGO, June 20, 2024 /PRNewswire/ -- Sempra (NYSE:SRE) (BMV:SRE) today announced the appointment of Jennifer M. Kirk to the company's board of directors effective June 20, 2024. Kirk is currently the global controller and chief accounting officer of Medtronic plc (NYSE:MDT) and has deep executive experience in finance, accounting and capital market activities, including more than 20 years in the energy industry. "Bringing new perspectives into the boardroom is a critical component of our effort to support the company's mission to build North America's premier energy infras
CEO Scott Drury appointed to Fast Company's CEO Council, a professional organization of senior executives helping define the future of business LOS ANGELES, Nov. 28, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced Tuesday that its [H2] Innovation Experience in Downey was named to Fast Company's third annual Next Big Things in Tech list, honoring technology breakthroughs designed to shape the future of industries — from healthcare and security to artificial intelligence and data. The [H2] Innovation Experience is the 2023 recipient of Fast Company's Next Big Things in Tech Award in the category of Current Events, which showcases "products and technologies that are t
To support Brotherhood Crusades' Grab and Go! Basket Distribution and families during the holiday season, SoCalGas donated $50,000, as part of the company's $4 Million Fueling Our Communities Initiative to Address Food Insecurity LOS ANGELES, Nov. 17, 2023 /PRNewswire/ -- Today, Brotherhood Crusade and Southern California Gas Co. (SoCalGas) distributed Thanksgiving meals, including 1,500 turkeys to families in South Los Angeles during a Grab and Go! Basket Distribution event. SoCalGas supported this annual program through a $50,000 donation as part of the company's Fueling Our Communities $4 million initiative to address food insecurity through new and existing partnerships with food banks a
SAN DIEGO, Aug. 17, 2023 /PRNewswire/ -- Sempra (NYSE:SRE) (BMV:SRE) today announced that it has appointed Richard Mark to the company's board of directors effective Aug. 21, 2023. Richard Mark is the former chairman and president of Ameren Illinois. He brings 20 years of experience in electric and gas utility operations, customer service, public policy and regulation, as well as broad knowledge and experience with advanced utility technologies and safety and reliability programs. "Bringing new perspectives into the boardroom is a critical component of our effort to support the company's mission to build the leading energy infrastructure company in North America," said Jeffrey W. Martin, cha
SCOTTSDALE, Ariz., June 14, 2023 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Dennis V. Arriola as an independent director to its Board of Directors, as part of its board refreshment process. His appointment brings the Board of Directors to a total of 12. The Board plans to consider Mr. Arriola for appointment to one or more board committees over the course of the next several regularly scheduled board meetings. Mr. Arriola currently serves as an Operating Partner at Sandbrook Capital, a private equity firm focused on transforming energy infrastructure investments. Previously, he was the chief executi
HOUSTON, April 27, 2022 (GLOBE NEWSWIRE) -- KA Fund Advisors, LLC ("Kayne Anderson"), which serves as the adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMF, each a "Company" and collectively, the "Companies"))) announced today the appointment of Caroline Winn to serve as an independent director on each Company's Board of Directors, effective today. After the addition of Ms. Winn, the board of directors of each Company will increase to seven directors, six of which are independent. Caroline Winn is the chief executive officer for San Diego Gas & Electric (SDG&E), one of Sempra's (NYSE:SRE) regulated Cali
DALLAS, Aug. 7, 2025 /PRNewswire/ -- Oncor Electric Delivery Company LLC (Oncor) today reported net income of $259 million for the three months ended June 30, 2025, compared to net income of $251 million in the three months ended June 30, 2024. The increase in net income of $8 million was driven by overall higher revenues primarily attributable to updated interim rates to reflect increases in invested capital, an increase in other regulated revenues recognized related to Oncor's system resiliency plan (SRP) and the unified tracker mechanism (UTM) established by Texas House Bill 5247, and customer growth, partially offset by higher interest expense and depreciation expense associated with inc
SAN DIEGO, Aug. 7, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) today reported second-quarter 2025 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $461 million or $0.71 per diluted share, compared to second-quarter 2024 GAAP earnings of $713 million or $1.12 per diluted share. On an adjusted basis, second-quarter 2025 earnings were $583 million or $0.89 per diluted share, compared to $567 million or $0.89 per diluted share in 2024. "We are pleased to report another solid quarter," said Jeffrey W. Martin, chairman and CEO of Sempra. "We remain focused on the disciplined execution of our value creation initiatives for 2025, with a view toward continuing to
DALLAS, July 22, 2025 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its second quarter 2025 results on August 7, prior to Sempra's (NYSE:SRE) second quarter 2025 results conference call. Oncor's earnings release will be available on Oncor's website, oncor.com. Sempra executives will host a conference call at 12 p.m. ET on Thursday, August 7 that will include discussion of Oncor's second quarter 2025 operational and financial results. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on
SAN DIEGO, July 21, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) plans to release its second-quarter 2025 earnings by 8 a.m. ET on Thursday, August 7. Jeffrey W. Martin, chairman and CEO, Karen Sedgwick, executive vice president and chief financial officer and other senior leaders from across the company will host a conference call at 12 p.m. ET on Thursday, August 7. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on Sempra's Investors site, part of the company's website, and clicking on the appropriate link. An accompanying slide presentation detailing the earnings results will be published to the Investors site prior to market open on
SAN DIEGO, May 15, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) today announced that its board of directors has declared a $0.645 per share quarterly dividend on the company's common stock, which is payable July 15, 2025, to common stock shareholders of record at the close of business on June 26, 2025. About SempraSempra is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is reco
DALLAS, May 8, 2025 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported net income of $181 million for the three months ended March 31, 2025, compared to net income of $225 million for the three months ended March 31, 2024. The decrease in net income of $44 million was driven by higher interest expense and depreciation expense associated with increases in invested capital and higher operation and maintenance expenses, partially offset by higher revenues primarily attributable to updated interim rates to reflect increases in invested capital, higher customer consumption primarily attributable to weather, and customer growth. Financial and operational results are provi
SAN DIEGO, May 8, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) today reported first-quarter 2025 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $906 million or $1.39 per diluted share, compared to first-quarter 2024 GAAP earnings of $801 million or $1.26 per diluted share. On an adjusted basis, first-quarter 2025 earnings were $942 million or $1.44 per diluted share, compared to $854 million or $1.34 per diluted share in 2024. "We are pleased to report a solid quarter for Sempra, which is the direct result of continued focus on delivering strong financial performance while making steady progress on our strategic initiatives," said Jeffrey W. Martin, cha
DALLAS, April 22, 2025 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its first quarter 2025 results on May 8, prior to Sempra's (NYSE:SRE) (BMV:SRE) first quarter 2025 results conference call. Oncor's earnings release will be available on Oncor's website, oncor.com. Sempra executives will host a conference call at 12 p.m. ET on Thursday, May 8 that will include discussion of Oncor's first quarter 2025 operational and financial results. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering o
SAN DIEGO, April 21, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) plans to release its first-quarter 2025 earnings by 8 a.m. ET on Thursday, May 8. Jeffrey W. Martin, chairman and CEO, Karen Sedgwick, executive vice president and chief financial officer and other senior leaders from across the company will host a conference call at 12 p.m. ET on Thursday, May 8. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on Sempra's Investors site, part of the company's website, and clicking on the appropriate link. An accompanying slide presentation detailing the earnings results will be published to the Investors site by 8 a.m. ET on Thursday, May
LOS ANGELES, April 1, 2025 /PRNewswire/ -- The board of directors of Southern California Gas Company (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock Preferred Stock, Series A $0.375 per share $0.375 per share The dividends are payable on July 15, 2025, to shareholders of record on June 10, 2025. About SoCalGas SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recogniz