Sempra(SRE) - 2025 Q1 - Earnings Call Presentation

Financial Performance - Q1 2025 adjusted EPS was $1.44, compared to $1.34 in Q1 2024[15] - The company is affirming FY 2025 adjusted EPS guidance range of $4.30 - $4.70[15] - The company is affirming FY 2026 EPS guidance range of $4.80 - $5.30[15] - The company is guiding to the high-end or above the projected EPS CAGR of 7% – 9% for 2025 through 2029[15] Strategic Initiatives - The company plans to invest $13 billion this year, prioritizing utility investments and improved returns[10] - The company initiated a process to sell a 15% – 30% minority interest in Sempra Infrastructure Partners[21] - The company initiated a process to sell Ecogas, a natural gas distribution utility in Northern Mexico[21] Business Updates - ERCOT set a new all-time winter peak demand of 80.5 GW[21] - SDGE and SoCalGas filed 2026 – 2028 cost of capital applications[21] - CA Climate Credit to reduce customers' bills in April by as much as $136 at SDGE and $87 at SoCalGas[21]