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Recent Updates — SRE

August 21, 2026View Source ↗

Southern California Gas Company, an indirect subsidiary of Sempra, closed its public offering of $500 million aggregate principal amount of 5.500% First Mortgage Bonds, Series GGG, due September 1, 2036. Proceeds were received at 98.755% of the aggregate principal amount, net of underwriting discounts but before approximately $1.1 million in other offering expenses. Interest accrues from August 21, 2026, and is payable semiannually on March 1 and September 1, beginning March 1, 2027. The bonds are redeemable at the Company's option prior to maturity. Sempra operates as a diversified energy company providing electric and gas utility services.

August 6, 2026View Source ↗

Sempra reported second-quarter 2026 GAAP earnings of $796 million, or $1.21 per diluted share, compared to $461 million, or $0.71 per diluted share in the prior year period. Adjusted earnings were $762 million, or $1.16 per diluted share, versus $583 million, or $0.89 per diluted share previously. For the first half of 2026, GAAP earnings totaled $1.83 billion ($2.80 EPS), with adjusted earnings at $1.75 billion ($2.67 EPS). The company updated its full-year 2026 GAAP EPS guidance to a range of $5.02 to $5.55, while affirming the 2026 adjusted EPS range of $4.80 to $5.30 and the 2027 range of $5.10 to $5.70. Sempra also affirmed its long-term projected EPS growth rate of 7% to 9%. The company operates in the energy sector, providing electricity and natural gas services through regulated utilities in California and Texas.

June 16, 2026View Source ↗

Sempra subsidiaries SDG&E and SoCalGas filed 2028 General Rate Case applications with the California Public Utilities Commission requesting revenue requirements of $3,760 million for SDG&E and $5,096 million for SoCalGas for the 2028 test year. The requests include adjustments for 2029 through 2031 attrition years. Sempra is an energy infrastructure and utility company.

June 9, 2026View Source ↗

Sempra closed a public offering and sale of $1 billion in aggregate principal amount of Floating Rate Notes due 2028 on June 9, 2026. The notes bear interest at a floating rate of Compounded SOFR plus 0.670% per annum, maturing on January 7, 2028, with net proceeds of approximately $998.5 million. Sempra is an energy infrastructure company that provides electricity and natural gas services.