Sempra(SRE)
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 Sempra Named One of the World's Best Companies by TIME Magazine
 Prnewswire· 2024-11-12 21:15
 Group 1 - Sempra has been recognized by TIME Magazine as one of the World's Best Companies for 2024, highlighting its performance based on employee satisfaction, revenue growth, and sustainability transparency [1] - The recognition adds to Sempra's accolades for corporate excellence, including listings in The Wall Street Journal's "Best-Managed Companies," Fortune's "World's Most Admired Companies," and Newsweek's "Most Responsible Companies" [1] - Sempra's CEO emphasized the company's mission to build a leading energy infrastructure company in North America, focusing on leadership, workforce development, and customer service [1]   Group 2 - Sempra is a leading North American energy infrastructure company serving nearly 40 million consumers and is recognized for its sustainable business practices [3] - The company operates one of the largest energy networks in North America, enhancing energy resilience in key markets such as California, Texas, and Mexico [3] - Sempra's commitment to safety and operational excellence is reflected in its inclusion in the Dow Jones Sustainability Index North America and the FTSE4Good Index Series [3]
 SoCalGas Shares Five Simple Ways to Reduce Energy Use and Save
 Prnewswire· 2024-11-12 11:55
LOS ANGELES, Nov. 12, 2024 /PRNewswire/ -- As cooler weather approaches, Southern California Gas Company (SoCalGas) shares energy-saving tips and tools to help customers prepare their homes.     SoCalGas Shares Five Simple Ways to Reduce Energy Use and Save  "As we transition into the cooler months, SoCalGas is here to support our customers in managing their energy use and by participating in energy efficiency programs, while maintaining comfort throughout the season," said Don Widjaja, vice president, cust ...
 Sempra Declares Common Dividend
 Prnewswire· 2024-11-08 00:11
 Group 1 - Sempra's board of directors declared a quarterly dividend of $0.62 per share on common stock, payable on January 15, 2025, to shareholders of record as of December 5, 2024 [1] - Sempra is a leading North American energy infrastructure company serving nearly 40 million consumers [2] - The company owns one of the largest energy networks in North America, focusing on electrification and energy resilience in key markets such as California, Texas, and Mexico [2]   Group 2 - Sempra is recognized for its sustainable business practices and operational excellence, evidenced by its inclusion in the Dow Jones Sustainability Index North America and The Wall Street Journal's Best Managed Companies [2] - The company emphasizes a high-performance culture centered on safety and operational excellence [2]
 Sempra(SRE) - 2024 Q3 - Quarterly Report
 2024-11-06 20:40
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 September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | --- | --- | |---------------------|------------------------------------------|--------------------------------------------------------------------------------- ...
 Sempra Q3 Earnings Miss Estimates, Revenues Decline Y/Y
 ZACKS· 2024-11-06 19:45
 Core Insights - Sempra Energy reported third-quarter 2024 adjusted earnings per share (EPS) of 89 cents, missing the Zacks Consensus Estimate of $1.06 by 16% and declining 17.6% from $1.08 in the prior-year quarter [1] - Total revenues for Sempra were $2.78 billion, a decline of 16.7% from $3.33 billion in the year-ago quarter, and missed the Zacks Consensus Estimate of $3.83 billion by 27.5% [2]   Financial Performance - Sempra's GAAP earnings were $1.00 per share compared to $1.14 in the third quarter of 2023 [1] - Cash and cash equivalents as of September 30, 2024, totaled $560 million, up from $236 million as of December 31, 2023 [4] - Long-term debt and finance leases increased to $30.96 billion as of September 30, 2024, from $27.76 billion as of December 31, 2023 [4] - Cash flow from operating activities decreased from $5.13 billion in the first nine months of 2023 to $3.54 billion in the first nine months of 2024 [4]   Segment Performance - Sempra California reported quarterly earnings of $247 million, down from $290 million in the year-ago quarter [3] - Sempra Texas Utility earnings declined from $305 million in the prior-year quarter to $261 million [3] - Sempra Infrastructure recorded earnings of $230 million, slightly up from $223 million in the year-ago quarter [3] - The Parent and Other segment reported a loss of $100 million, wider than the prior-year loss of $97 million [3]   Guidance - Sempra reiterated its 2024 earnings projection in the range of $4.60-$4.90 per share, with the Zacks Consensus Estimate at $4.77 per share [5] - The company expects 2025 earnings to be in the range of $4.90-$5.25 per share, with the consensus estimate at $5.13 per share [5] - Sempra continues to anticipate a long-term EPS growth rate of 6-8% [5]
 Sempra(SRE) - 2024 Q3 - Quarterly Results
 2024-11-06 15:50
Exhibit 99.1 Media Contact: Katie Nieri Sempra (877) 340-8875 media@sempra.com Financial Contact: Jenell McKay Sempra (877) 736-7727 investor@sempra.com NEWS RELEASE Sempra Reports Third-Quarter 2024 Earnings Results SAN DIEGO, Nov. 6, 2024 -- Sempra (NYSE: SRE) (BMV: SRE) today reported third-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $638 million, or $1.00 per diluted share, compared to third-quarter 2023 GAAP earnings of $721 million, or $1.14 p ...
 Sempra (SRE) Lags Q3 Earnings and Revenue Estimates
 ZACKS· 2024-11-06 15:06
 Core Insights - Sempra reported quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $1.06 per share, and showing a decline from $1.08 per share a year ago, resulting in an earnings surprise of -16.04% [1] - The company posted revenues of $2.78 billion for the quarter ended September 2024, missing the Zacks Consensus Estimate by 27.53%, and down from $3.33 billion year-over-year [2] - Sempra shares have increased by approximately 10.1% since the beginning of the year, underperforming compared to the S&P 500's gain of 21.2% [3]   Earnings Outlook - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $1.45 on revenues of $4.13 billion, and for the current fiscal year, it is $4.77 on revenues of $15.57 billion [7]   Industry Context - The Utility - Gas Distribution industry, to which Sempra belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]
 Oncor Reports Third Quarter 2024 Results
 Prnewswire· 2024-11-06 13:05
DALLAS, Nov. 6, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended September 30, 2024 net income of $324 million compared to three months ended September 30, 2023 net income of $380 million. The $56 million decrease was driven by higher interest expense and depreciation expense associated with increases in invested capital and higher operation and maintenance expense, partially offset by overall higher revenues primarily attributable to updated interim rates ...
 Sempra Reports Third-Quarter 2024 Earnings Results
 Prnewswire· 2024-11-06 12:55
SAN DIEGO, Nov. 6, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported third-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $638 million, or $1.00 per diluted share, compared to third-quarter 2023 GAAP earnings of $721 million, or $1.14 per diluted share. On an adjusted basis, the company's third-quarter 2024 earnings were $566 million, or $0.89 per diluted share, compared to $685 million, or $1.08 per diluted share in third-quarter 2023. ...
 Sempra Earns Perfect Score on CPA-Zicklin Index
 Prnewswire· 2024-10-28 11:55
 Core Points - Sempra has been recognized as a Trendsetter for the ninth consecutive year for its civic transparency, achieving a perfect score of 100% on the CPA-Zicklin Index [1][3] - The CPA-Zicklin Index evaluates political disclosure and accountability policies for election-related spending among S&P 500 and Russell 1000 companies [2] - Sempra's commitment to ethical behavior and responsible stakeholder engagement is highlighted as foundational to its corporate strategy and long-term success [3]   Company Recognition - Sempra received a raw score of 70 out of 70, resulting in an overall score of 100%, while the average score for S&P 500 companies was 59.9% [3] - Only seven companies in the S&P 500 achieved a perfect score, with those scoring 90% or higher classified as "Trendsetters" [3] - Sempra is among the first public companies designated as Model Code Companies, aligning with the CPA-Zicklin Model Code of Conduct for Corporate Political Spending [5]   Additional Accolades - In addition to the CPA-Zicklin Index recognition, Sempra has been included in the FTSE4Good Index Series, CNBC and JUST Capital's "JUST 100," and the Dow Jones Sustainability Index North America [6] - The company is recognized for its sustainable business practices and high-performance culture focused on safety and operational excellence [7]