Sempra
Sempra Reports First-Quarter 2026 Financial Results and Updates Earnings Guidance
Summary
Sempra reported first-quarter 2026 GAAP earnings of $1.04 billion or $1.58 per diluted share, compared to $906 million or $1.39 per diluted share in 2025. On an adjusted basis, first-quarter 2026 earnings were $991 million or $1.51 per diluted share, compared to $942 million or $1.44 per diluted share in 2025. Sempra updated its full-year 2026 GAAP earnings-per-common share (EPS) guidance range to $4.87 to $5.37, reflecting actual results through the first quarter. The company also affirmed its full-year 2026 adjusted EPS guidance range of $4.80 to $5.30 and its full-year 2027 EPS guidance range of $5.10 to $5.70. Sempra's businesses invested capital expenditures of approximately $3 billion in the first quarter of 2026, part of a five-year $65 billion capital plan. In Texas, the Public Utility Commission of Texas (PUCT) issued an order adopting Oncor Electric Delivery Company LLC's (Oncor) base rate settlement, providing for an annual revenue requirement of approximately $6.97 billion. In California, Sempra's utilities remained focused on safety, reliability, and affordability, including enhancing their respective portfolios to reduce energy costs.
Profitelligence Alerts
Get alerts for SRE
Be first to know when Sempra files with the SEC.
Filing Categories
Advertisement
About Sempra
Sempra is a diversified energy services company primarily engaged in the generation, transmission, and distribution of electricity and natural gas. As a key player in the energy sector, Sempra operates through several key subsidiaries, focusing on different aspects of utility services and renewable energy solutions. The company serves millions of consumers across North America, emphasizing sustainable practices and the integration of renewable energy sources into its grid. Its investments in liquefied natural gas (LNG) exports and infrastructure position Sempra as a significant contributor to global energy markets. By balancing traditional energy production with innovative, sustainable solutions, Sempra plays a critical role in meeting the growing energy demands while aligning with global decarbonization efforts. Its strategic initiatives aim to provide reliable energy solutions while supporting economic growth and environmental stewardship in its service areas.
Official SEC Documents
Advertisement