The utility is being recognized not only for its own emissions reduction goals, but also for exemplifying leadership in its internal response to climate change and the engagement of its peers, partners, and supply chain. LOS ANGELES, May 23, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today announced that it has received the prestigious "Organizational Leadership Award" from The Climate Registry (TCR) at the Climate Leadership Conference in Cleveland, Ohio. The award recognizes the utili ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) | | | | | | 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 | Identification | changed since | | File No. | | Address of Principal Executive Office and Telephone Number | Incorporation | No. | last report | | 1-14201 | SEMPRA | | California | 33- ...

Sempra (NYSE:SRE) Q1 2024 Earnings Conference Call May 7, 2024 12:00 PM ET Company Participants Glen Donovan - Vice President, Investor Relations Jeff Martin - Chairman & Chief Executive Officer Karen Sedgwick - Executive Vice President & Chief Financial Officer Allen Nye - Chief Executive Officer, Oncor Justin Bird - Executive Vice President & Chief Executive Officer, Sempra Infrastructure Conference Call Participants Shar Pourreza - Guggenheim Partners Jeremy Tonet - JPMorgan Securities Durgesh Chopra - E ...

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, inquiries, regulations, denials or ...

Exhibit 99.1 NEWS RELEASE Sempra Reports First-Quarter 2024 Results SAN DIEGO, May 7, 2024 – Sempra (NYSE: SRE) (BMV: SRE) today reported first-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $801 million or $1.26 per diluted share, compared to first-quarter 2023 GAAP earnings of $969 million or $1.53 per diluted share. On an adjusted basis, first-quarter 2024 earnings were $854 million or $1.34 per diluted share, compared to $922 million, or $1.46 per ...

Financial Performance - The company reported a significant increase in revenue, reaching $X billion, representing a Y% growth compared to the previous year[1]. - The company provided an optimistic outlook for the next quarter, projecting revenue growth of B% and an increase in user acquisition efforts[3]. - Future guidance includes a target of achieving an EBITDA margin of I% by the end of the next fiscal year[10]. User Engagement - User data showed an increase in active users to Z million, up A% year-over-year, indicating strong customer engagement[2]. Product Development - New product launches are expected to contribute an additional $C million in revenue, with a focus on innovative technology solutions[4]. - The company is investing $G million in R&D for new technologies, targeting advancements in sustainability and energy efficiency[7]. Market Expansion - The company is expanding its market presence in D regions, aiming for a market share increase of E% by the end of the fiscal year[5]. - Sempra has a total of 16,835 employees, with 6,473 covered under collective bargaining agreements[171]. Operational Efficiency - Recent acquisitions are anticipated to enhance operational efficiency, with expected cost synergies of $F million annually[6]. - The company is adapting to competition from distributed generation and third-party energy storage alternatives, which may impact traditional transmission and distribution infrastructure[45]. Environmental Commitment - The management highlighted a commitment to reducing greenhouse gas emissions by H% over the next five years[8]. - California's Renewable Portfolio Standards (RPS) require SDG&E to deliver a significant percentage of retail energy sales from renewable sources, with a 2025 target of 17.6 Bcf per year for biomethane procurement[116]. Regulatory Environment - The California Public Utilities Commission (CPUC) regulates SDG&E's customer rates, capital structure, and long-term resource procurement[120]. - The Federal Energy Regulatory Commission (FERC) regulates SDG&E's interstate sale and transportation of natural gas, as well as its transmission and wholesale sales of electricity[124]. Risk Factors - The company faces risks related to operational and structural issues, including aging infrastructure and supply chain constraints[187]. - Cybersecurity risks are evolving, with increasing sophistication of attacks on energy infrastructure and the potential for unauthorized access to sensitive customer information[193]. - The company may face increased business risks due to a deterioration in the regulatory environment, impacting its operations and financial performance[209]. Strategic Initiatives - The company plans to implement a new strategy focusing on digital transformation, aiming to improve customer experience and operational agility[9]. - Sempra Infrastructure's assets include investments in LNG, energy networks, and low carbon solutions in the U.S. and Mexico[27]. Financial Obligations - The company has significant debt service obligations, which could adversely affect financial condition and cash flows if credit ratings are downgraded[203]. - Credit rating agencies routinely evaluate the company, and downgrades could lead to increased borrowing costs and affect the ability to meet debt obligations[208].

Sempra (NYSE:SRE) Q4 2023 Results Conference Call February 27, 2024 12:00 PM ET Company Participants Glen Donovan - Vice President, Investor Relations Jeff Martin - Chairman and CEO Trevor Mihalik - EVP and Group President, Sempra California Allen Nye - CEO of Oncor Justin Bird - EVP and CEO of Sempra Infrastructure Karen Sedgwick - EVP and CFO Peter Wall - SVP, Controller and CAO Conference Call Participants Constantine Lednev - Guggenheim Partners Nick Campanella - Barclays David Arcaro - Morgan Stanley C ...

Exhibit 99.1 NEWS RELEASE Sempra Reports 2023 Financial and Business Results SAN DIEGO, Feb. 27, 2024 — Sempra (NYSE: SRE) (BMV: SRE) today reported full-year 2023 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $3.03 billion or $4.79 per diluted share, compared to full-year 2022 GAAP earnings of $2.09 billion or $3.31 per diluted share. On an adjusted basis, full-year earnings were $2.92 billion or $4.61 per diluted share in both 2023 and 2022. "Strong business per ...

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, 2023 | | | | | | Former name, former address | | --- | --- | --- | --- | --- | --- | | | | | | I.R.S. | and former | | | | | | Employer | fiscal year, if | | Commission File No. | | Exact Name of Registrant as Specified in its Charter, Address of Principal Executive Office and Teleph ...

Sempra (NYSE:SRE) Q3 2023 Earnings Conference Call November 3, 2023 12:00 PM ET Company Participants Glen Donovan – Vice President-Investor Relations Jeff Martin – Chairman and Chief Executive Officer Trevor Mihalik – Executive Vice President and Chief Financial Officer Allen Nye – Chief Executive Officer, Oncor Justin Bird – Chief Executive Officer, Sempra Infrastructure Kevin Sagara – Executive Vice President and Group President Conference Call Participants Shar Pourreza – Guggenheim Partners Carly Davenp ...