Welcome to our dedicated page for Sempra Energy news (Ticker: SRE), a resource for investors and traders seeking the latest updates and insights on Sempra Energy stock.
Sempra Energy (SRE) is a leading North American energy infrastructure company serving over 40 million consumers through regulated utilities and strategic infrastructure projects. This page aggregates official press releases, financial disclosures, and operational updates to serve as investors' primary source for tracking SRE's market activities.
Access real-time announcements including quarterly earnings reports, regulatory filings, and infrastructure investment updates. Our curated feed ensures stakeholders stay informed about California utility operations, Texas transmission developments, and LNG project milestones without promotional bias.
Key updates cover rate case decisions, grid modernization progress, and sustainability initiatives. Bookmark this page for immediate access to SRE's verified financial communications and strategic announcements, enabling data-driven analysis of one of the energy sector's most stable dividend performers.
Oncor Electric Delivery Company, Texas's largest transmission and distribution system operator, announced it will release its first quarter 2025 results on May 8, 2025, before Sempra's (NYSE: SRE) Q1 earnings conference call.
The earnings release will be available on oncor.com, followed by Sempra's conference call at 12 p.m. ET, which will discuss Oncor's operational and financial results. Investors and interested parties can access the live webcast through Sempra's website, with presentation slides available before the call.
Oncor serves over 4 million homes and businesses and operates more than 144,000 circuit miles of transmission and distribution lines in Texas. The company is majority-owned by Sempra with Texas Transmission Investment as minority owner.
Sempra (NYSE: SRE) has announced it will release its first-quarter 2025 earnings on Thursday, May 8, 2025, at 8:00 a.m. ET. The company will host a conference call at 12:00 p.m. ET the same day, led by Chairman and CEO Jeffrey W. Martin, Executive Vice President and CFO Karen Sedgwick, and other senior leaders.
A live webcast of the conference call will be available to investors, media, analysts, and the public through registration on Sempra's Investors website. An earnings presentation will be published on the Investors site at 8:00 a.m. ET, and a replay of the webcast will be made available shortly after the call concludes.
SoCalGas (SOCGP) has announced its regular quarterly dividend declaration for preferred series stock. The company's board of directors has declared a dividend of $0.375 per share for Preferred Stock, Series A. The dividend will be paid on July 15, 2025, to shareholders who are on record as of June 10, 2025.
Sempra (NYSE: SRE) has announced strategic actions to simplify its portfolio and recycle capital, focusing on growth in Texas and California utilities. The company plans to:
1. Sell Ecogas México, which operates three utility franchises serving over 600,000 consumers through 5,000 kilometers of distribution pipelines
2. Divest a minority stake in Sempra Infrastructure, following previous sales of 20% to KKR in 2021 ($16.9B valuation) and 10% to Abu Dhabi Investment Authority in 2022 ($17.9B valuation)
The company's LNG expansion includes Energía Costa Azul LNG Phase 1 (targeting spring 2026 operations) and Port Arthur LNG Phase 1 (Trains 1 and 2 expected 2027-2028). Port Arthur LNG Phase 2 is under development with potential Saudi Aramco participation. These transactions, expected to complete in 12-18 months, aim to be earnings-per-share accretive and enhance credit ratings.
SoCalGas (SOCGP) has announced its first renewable natural gas (RNG) contract with Organic Energy Solutions (OES), marking a significant milestone under California's SB 1440 program. The contract, approved by the California Public Utilities Commission, will source RNG from organic waste in San Bernardino.
The project, set to begin operations in the second half of 2026, will convert industrial and food waste through anaerobic digestion into pipeline-quality RNG. OES estimates it will prevent approximately 15,300 tons of greenhouse gases annually, equivalent to the energy usage of 2,984 homes per year.
SoCalGas aims to replace 12% of traditional natural gas for residential and small business customers with RNG by 2030. The company has already achieved 5% RNG delivery to customers since 2023 and operates 37 carbon-negative fueling stations. This initiative supports California's goal to reduce methane emissions by 40% by 2030.
SDG&E has received CPUC approval to expand its Westside Canal Battery Energy Storage facility in California's Imperial Valley. The expansion will add 100 MW of storage capacity to the existing 131 MW facility, making it 231 MW total when completed in June 2025.
The expanded facility will be SDG&E's largest utility-owned battery storage asset. By year-end, the company's total battery storage portfolio is expected to reach 480 MW of power capacity and over 1.9 GWh of energy storage, including two additional projects in San Diego County.
The expansion will provide four key services: generation capacity, ancillary services, energy balancing, and congestion management. SDG&E has already returned $200 million in federal tax credits to customers, helping lower average monthly electric delivery bills for residential customers for the second consecutive year.
Oncor Electric Delivery reported strong 2024 results with net income of $968 million, up from $864 million in 2023. The company announced an ambitious $36.1 billion capital plan for 2025-2029, including $7.1 billion for 2025, to support Texas' unprecedented growth in energy demand.
The increased net income was driven by higher revenues from updated interim rates, increased transmission billing units, customer growth, and base rates implemented in May 2023. These gains were partially offset by lower consumption due to milder weather, higher interest and depreciation expenses, and increased operation and maintenance costs.
Oncor added 77,000 premises in 2024 and placed over $2 billion of transmission projects into service. The company set records for transmission point-of-interconnection requests, with 976 active requests in queue by year-end—a 28% increase from 2023. Large commercial and industrial load growth accelerated significantly, with interconnection requests exceeding 137 gigawatts.
The new capital plan represents a $12 billion increase from the previous five-year plan, with additional potential incremental opportunities of approximately $12 billion identified. Oncor is contemplating filing a comprehensive base rate review later this year and received approval for its System Resiliency Plan in November 2024.
Sempra (NYSE: SRE) has reported its 2024 financial results with full-year GAAP earnings of $2.82 billion or $4.42 per diluted share, compared to $3.03 billion or $4.79 per diluted share in 2023. On an adjusted basis, 2024 earnings were $2.97 billion or $4.65 per diluted share, up from $2.92 billion or $4.61 per diluted share in 2023.
The company announced a significant increase in its five-year capital plan to $56 billion, representing a 16% increase from its prior plan. Over 90% of projected capital expenditures will focus on regulated utility investments in Texas and California. Sempra is targeting a 2025 final investment decision for Port Arthur LNG Phase 2.
Sempra has adjusted its 2025 EPS guidance to $4.30-$4.70 and issued 2026 EPS guidance of $4.80-$5.30. The company has also increased its long-term EPS growth rate to 7%-9%. Over half of planned capital expenditures are earmarked for Texas, with Oncor's new five-year capital plan of $36 billion representing a 50% increase over last year's plan.
The board of directors declared a quarterly dividend of $0.645 per share, increasing the annualized dividend to $2.58 per share from $2.48 in 2024.
Sempra (NYSE: SRE) has earned a spot on Fortune Magazine's World's Most Admired Companies list for 2025, marking its 15th year of recognition. The company serves approximately 40 million consumers, representing about 10% of the U.S. population, through its three growth platforms: Sempra California, Sempra Texas, and Sempra Infrastructure.
The company's electric and natural gas delivery operations have gained recognition for their focus on reliability and grid modernization, including wildfire prevention and adoption of cleaner fuels like renewable natural gas and hydrogen. Sempra Infrastructure contributes to global energy security and power sector decarbonization through LNG exports, low carbon solutions, and energy networks in North America.
The selection process, conducted in partnership with Korn Ferry, involved executives, directors, and analysts rating companies within their industries based on nine criteria, including investment value, management quality, products, social responsibility, and talent attraction.
SDG&E has made history by becoming the first California utility to receive the prestigious Cal/OSHA Voluntary Protection Program (VPP) safety certification at its Kearny Mesa facility. This recognition, the highest safety honor offered by California's occupational safety division, comes after a rigorous five-year evaluation process.
The facility, which serves as the backbone of SDG&E's regional electrical operations, demonstrated exceptional workplace safety practices, employee engagement, and injury prevention measures. The site also houses a 30-megawatt battery energy storage system, showcasing the company's commitment to innovation and reliability.
Key achievements highlighted by Cal/OSHA include innovative safety initiatives such as hazard reporting tools, ergonomic equipment upgrades, and employee-led safety briefings. The certification process evaluated the company's comprehensive training programs, proactive hazard prevention culture, and overall safety management systems, all of which exceeded standard regulatory requirements.
