Third Quarter 2023 Earnings Results Statements Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: California wildfires, including potential liability for damages regardless of fault and any inability to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054, rates from customers or a combination thereof; decisions, investigations, ...

August 3, 2023 In this presentation, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "poised," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expres ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) | | | | | | Former name, former address | | --- | --- | --- | --- | --- | --- | | | | | | I.R.S. | and former | | Commission | | Exact Name of Registrant as Specified in its Charter, | State of | Employer Identification | fiscal year, if changed since | | File No. | | Address of Principal Executive Office and Telephone Number | Incorporation | No. | last report | | 1-14201 | SEMPRA | | California | 33-0732627 | No c ...

Sempra (NYSE:SRE) Q2 2023 Earnings Conference Call August 3, 2023 12:00 PM ET Company Participants Glen Donovan - VP, IR Jeffrey Martin - Chairman, President & CEO Trevor Mihalik - CFO & EVP Justin Bird - CEO Allen Nye - CEO & Director Faisel Khan - Former SVP, Finance Kevin Sagara - EVP & Group President, California Utilities Conference Call Participants Shahriar Pourreza - Guggenheim Securities Durgesh Chopra - Evercore ISI Julien Dumoulin-Smith - Bank of America Merrill Lynch Nicholas Campanella - Crédit ...

Financial Data and Key Metrics Changes - For Q1 2023, the company reported GAAP earnings of $969 million, or $3.07 per share, compared to $612 million, or $1.93 per share in Q1 2022. Adjusted earnings were $922 million, or $2.92 per share, slightly down from $924 million, or $2.91 per share in the same period last year [87][88]. Business Line Data and Key Metrics Changes - Oncor's updated 5-year capital plan increased from approximately $15 billion to $19 billion, reflecting strong demand growth and the need for additional capital investments in transmission and distribution [40][73]. - Sempra Infrastructure's new capital plan includes $3.6 billion, which incorporates Sempra's proportionate share of Port Arthur LNG Phase 1 [56][82]. Market Data and Key Metrics Changes - The company anticipates a 9% average annual growth rate in its rate base over the next five years, with over 70% dedicated to electric infrastructure [63]. - Oncor experienced a 41% increase in active and retail transmission interconnection requests compared to the previous year, indicating robust premise growth [76]. Company Strategy and Development Direction - The company announced a new 5-year capital plan of $40 billion, focusing on building leading transmission and distribution infrastructure in attractive North American markets [42][91]. - The strategy includes a three-pronged approach to affordability, emphasizing cost control, sourcing external funding, and advocating for meaningful rate reform [16][19]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a 6% to 8% compounded annual EPS growth rate, supported by a robust capital plan and favorable macroeconomic conditions [43][94]. - The company is focused on creating value for shareholders while supporting customers, with an emphasis on safety, reliability, and sustainability in its operations [94][70]. Other Important Information - The company is actively pursuing net-zero solutions, including carbon capture and hydrogen hub projects, which are expected to play a significant role in its future growth [4][49]. - The company has committed to maintaining low costs for consumers amid rising living costs and inflation, highlighting affordability as a top priority [9][66]. Q&A Session Summary Question: Are Texas legislation outcomes included in the 2023 or 2024 numbers? - Management confirmed that the current plan does not include Texas legislation outcomes but expects constructive outcomes that could benefit the plan [98][100]. Question: What is the growth rate outlook for 2025? - Management indicated that growth in 2025 will largely depend on the outcomes of ongoing rate cases in California and the expected commercial operation date for ECA Phase 1 [122][123]. Question: Can you elaborate on the funding plan for the higher CapEx? - The CFO outlined a multi-faceted funding strategy, including selling non-core assets, project-level debt and equity, and raising capital at operating companies [109][112]. Question: Will there be equity issuance through 2027? - Management stated that while there are no current plans for equity issuance, the situation is dynamic and will be evaluated as needed [134][136].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Former name, former address I.R.S. and former Employer fiscal year, if Commission Exact Name of Registrant as Specified in its Charter, State of Identifica ...

February 28, 2023 | 2 • Executive Summary • Closing Remarks Fourth Quarter 2022 Earnings Results Statements Table of Contents • Business Updates | 3 | 4 Sempra California is investing in infrastructure to create an increasingly safe and reliable system, support electrification, and deliver cleaner fuels Sempra Infrastructure is delivering global solutions to customers supporting energy security and the energy transition • Affirming FY-2023 EPS guidance range of $8.60 – $9.20 1. Based on midpoint of 2023 EPS ...

Sempra (NYSE:SRE) Q4 2022 Earnings Conference Call February 28, 2023 12:00 PM ET Company Participants Glen Donovan - Investor Relations Jeff Martin - Chairman and Chief Executive Officer Trevor Mihalik - Executive Vice President and Chief Financial Officer Kevin Sagara - Executive Vice President and Group President Justin Bird - Chief Executive Officer, Sempra Infrastructure Allen Nye - Chief Executive Officer, Oncor Peter Wall - Senior Vice President, Controller and Chief Accounting Officer Conference Call ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | Commission | Exact Name of Registrants as Specified in their Charters, | State of | I.R.S. Employer | | --- | --- | --- | --- | | File No. | Address and Telep ...

Third Quarter 2022 Earnings Results November 3, 2022 INFORMATION REGARDING FORWARD- LOOKING STATEMENTS This presentation contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forwar ...