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Sempra
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Displaying results 1 - 15 of 1201
Sempra marks next chapter of utility growth strategy at New York Stock Exchange
With growing energy demand and increasing investment in critical infrastructure, Sempra continues to advance its mission to build America's leading utility growth business. That progress was recently recognized at the New York Stock Exchange (NYSE), where Sempra Chairman and CEO Jeffrey W. Martin and members of the company’s board of directors rang the opening bell. While in New York, board members also toured and paid their respects at the National 9/11 Memorial and Museum in advance of the 25th anniversary of 9/11. The ceremony at the NYSE provided an opportunity to highlight Sempra’s role in helping meet rising energy demand in some of the nation’s largest and fastest-growing markets. During the visit, Martin was recognized by being added to the Wall of Leaders at the NYSE, an honor that celebrates American business leaders who have made significant contributions to the U.S. and the success of its capital markets. In a speech at the NYSE, Martin noted that the company is focused on strengthening its position in key economic regions, maintaining financial discipline and investing in the energy infrastructure needed to support long-term growth and reliability. “We see a significant opportunity ahead as economic growth, domestic manufacturing and advanced technologies continue to drive record demand for energy. Against that backdrop, it is an exciting time for our company. We are well-positioned to help modernize and expand the energy grid with a view toward creating long-term value for our stakeholders. ” — Jeffrey W. Martin, Chairman and CEO
Sempra Infrastructure Announces Long-Term LNG Supply Agreement with Petrobras
HOUSTON, Sept. 14, 2026 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), today announced a 20-year sales and purchase agreement (SPA) with Petrobras, under which Sempra Infrastructure will supply approximately 0.8 million tonnes per annum (Mtpa) of liquefied natural gas (LNG). LNG will be sourced from Sempra Infrastructure's contracted liquefaction capacity at the Port Arthur LNG Phase 2 project, currently under construction in Jefferson County, Texas. "We are pleased to welcome Petrobras as the first South American company in our LNG customer portfolio, marking an important milestone for Sempra Infrastructure's growing LNG business," said Justin Bird, CEO of Sempra Infrastructure. "This long-term agreement establishes a strategic relationship with one of the world's leading energy companies and underscores the important role Sempra Infrastructure plays in providing reliable and secure U.S. natural gas to a growing list of customers around the world." Port Arthur LNG Phase 2 is strategically positioned to help meet global energy demand and reached a positive final investment decision in September 2025. The project will include two liquefaction trains capable of producing approximately 13 Mtpa of LNG, which will increase the total liquefaction capacity of the Port Arthur LNG facility from approximately 13 Mtpa for Phase 1 to up to approximately 26 Mtpa. Port Arthur LNG Phase 1, which is also currently under construction, is expected to achieve commercial operations at or near the end of 2027 and in 2028 for trains 1 and 2, respectively, and Port Arthur LNG Phase 2 is expected to achieve commercial operations in 2030 and 2031 for trains 3 and 4, respectively. Future phases are also in the early development stage. Beyond its expanded liquefaction capacity, Port Arthur LNG will benefit from strategic access to abundant U.S. natural gas resource basins, robust midstream connectivity and scalable infrastructure. As a cornerstone of Sempra Infrastructure's dual-coast strategy, the Port Arthur LNG facility will play a critical role in expanding access to secure, reliable U.S. natural gas supplies for customers across both Atlantic and Pacific Basin markets. About Sempra Infrastructure Sempra Infrastructure, headquartered in Houston, is focused on delivering energy for a better world by developing, building, operating and investing in modern energy infrastructure, such as LNG, energy networks and low-carbon solutions that are expected to play a crucial role in the energy systems of the future. Through the combined strength of its assets in North America, Sempra Infrastructure is connecting customers to safe and reliable energy and advancing energy security. Sempra Infrastructure is a subsidiary of Sempra (NYSE: SRE), a leading utility growth company. For more information, visit SempraInfrastructure.com or connect with Sempra Infrastructure on social media @SempraInfra. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations. 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 and the wildfire fund continuation account established by California Senate Bill 254, rates from customers or a combination thereof; decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, California Public Utilities Commission (CPUC), U.S. Department of Energy, Electric Reliability Council of Texas, Inc., U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service, Public Utility Commission of Texas and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions, such as the planned sale of a portion of our equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates and (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of meeting the demand for lower carbon and reliable energy in California; the impact of air quality and climate-related policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability and reliability of electric power, natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the transmission grid or pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; Oncor Electric Delivery Company LLC's (Oncor) ability to reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on Sempra's website, www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC). None of the website references in this press release are active hyperlinks, and the information contained on, or that can be accessed through, any such website is not, and shall not be deemed to be, part of this document. SOURCE Sempra Infrastructure
Sempra Celebrates Next Chapter of Growth with NYSE Opening Bell
SAN DIEGO, Sept. 8, 2026 /PRNewswire/ -- Sempra (NYSE: SRE) celebrated its next chapter of growth as Chairman and Chief Executive Officer Jeffrey W. Martin and members of the board of directors rang the opening bell at the New York Stock Exchange (NYSE). The ceremony reflected Sempra’s continued momentum as it advances its mission to build America's leading utility growth business. "We are pleased to celebrate our longstanding relationship with the NYSE as we renew our commitment to help lead our industry in meeting rising energy demand across some of America's largest and fastest-growing markets," said Jeffrey W. Martin, chairman and CEO of Sempra. "This is an exciting time for our company. By simplifying our business model and strengthening our financial position, we are better positioned to invest in critical energy infrastructure that serves nearly 40 million consumers. By continuing to enhance safety, reliability and resilience, we are working hard every day to create meaningful long-term value for our stakeholders." To help meet growing energy demand, Sempra has refined its corporate strategy to strengthen its position in major economic markets and shift capital to meet the growing needs of its U.S. utilities. "Across the next decade, we expect economic growth will be fueled by domestic manufacturing, investments in critical infrastructure and advances in AI technologies that reshape how America competes on the global stage. At Sempra, we understand that modernizing and expanding the energy grid is central to that effort," said Martin. Sempra's utility growth strategy is supported by a record $65 billion capital plan, 1 with approximately 95% of planned investments directed toward regulated utilities, alongside a capital recycling program designed to efficiently fund growth and strengthen the company's financial position. These actions reflect Sempra's disciplined execution of its 2026 value creation initiatives and support its objective of generating approximately 95% of earnings from regulated U.S. utilities in 2027, as well as having more than 60% of its rate base located in Texas through the end of the decade. 2 The strategy is designed to support continued investment in modernizing and expanding energy infrastructure while helping power America's growing economy. About Sempra Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com, including investor.sempra.com/corporate-updates which contains important information for investors, and on social media @sempra. We use the investor.sempra.com/corporate-updates webpage as a means of disclosing important information to investors, some of which may be material, and complying with our disclosure obligations under SEC Regulation FD. The information on this webpage is supplemental to the information we disseminate to investors through other channels, including filings with the SEC, press releases, and public conference calls and webcasts, and investors should monitor all these sources for material information about us. 1 Sempra's 2026-2030 capital plan (i) includes Sempra's proportionate ownership interest in projected capital expenditures at unconsolidated equity method investees while excluding Sempra's projected future contributions to those equity method investees and (ii) excludes noncontrolling interests' proportionate ownership interest in projected capital expenditures at Sempra and at unconsolidated equity method investees. Sempra's 2026-2030 capital plan reflects Sempra's 80.25% ownership of Oncor and assumes Sempra's projected 70% ownership of SI Partners through March 31, 2026, and 25% ownership thereafter. All projects in progress and future projects are subject to a number of risks and uncertainties. Sempra's capital plan and expectations regarding potential increases to its capital requirements are based on a number of assumptions, the failure of which to be accurate could materially impact Sempra's actual capital expenditures. 2 Reflects Sempra's proportionate share of its utilities' combined projected 2030 rate base, based on Sempra's ownership interest in each utility. Image courtesy of NYSE Group. NYSE does not recommend or endorse any investments, investment strategies, companies, products or services. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations. 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 and the wildfire fund continuation account established by California Senate Bill 254, rates from customers or a combination thereof; decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, California Public Utilities Commission (CPUC), U.S. Department of Energy, Electric Reliability Council of Texas, Inc., U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service, Public Utility Commission of Texas and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions, such as the planned sale of a portion of our equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates and (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of meeting the demand for lower carbon and reliable energy in California; the impact of air quality and climate-related policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability and reliability of electric power, natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the transmission grid or pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; Oncor Electric Delivery Company LLC's (Oncor) ability to reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on Sempra's website, www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC). SOURCE Sempra
Sempra Declares Common Dividend
SAN DIEGO, Sept. 2, 2026 /PRNewswire/ -- Sempra (NYSE: SRE) today announced that its board of directors has declared a $0.6575 per share quarterly dividend on the company's common stock, which is payable Oct. 15, 2026, to common stock shareholders of record at the close of business on Sept. 24, 2026. About SempraSempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com, including investor.sempra.com/corporate-updates which contains important information for investors, and on social media @sempra. We use the investor.sempra.com/corporate-updates webpage as a means of disclosing important information to investors, some of which may be material, and complying with our disclosure obligations under SEC Regulation FD. The information on this webpage is supplemental to the information we disseminate to investors through other channels, including filings with the SEC, press releases, and public conference calls and webcasts, and investors should monitor all these sources for material information about us. SOURCE Sempra
Sempra Advances Strategic Capital Recycling Program with Sale of Ecogas
SAN DIEGO, Aug. 20, 2026 /PRNewswire/ -- Sempra (NYSE: SRE) today announced the successful completion of Sempra Infrastructure's sale of Ecogas México, S. de R.L. de C.V. (Ecogas), a natural gas distribution network in Mexico serving over 600,000 residential, commercial and industrial customers across the Mexicali, Chihuahua and La Laguna-Durango regions. Through this strategic transaction, Sempra continues to advance its capital recycling program and execute on its 2026 value creation initiatives, helping simplify the company's business model, strengthen its financial position and support long-term growth at its regulated utilities in Texas and California. "The successful completion of this transaction reflects the disciplined execution of our strategy and continued focus on recycling capital to the opportunities we believe will create the greatest long-term value," said Jeffrey W. Martin, chairman and CEO of Sempra. "As energy demand continues to grow, we are executing a series of strategic initiatives to better support our customers, while advancing our mission of building America's leading utility growth business." The transaction generated approximately $500 million in U.S. dollar-equivalent in proceeds and advances Sempra's capital recycling program in support of its record five-year capital plan of approximately $65 billion 1, with more than 95% of planned investments directed toward regulated utility infrastructure. The Ecogas sale complements other strategic actions undertaken by the company, including an agreement to sell a 45% equity interest in Sempra Infrastructure Partners, one of North America's leading energy infrastructure platforms, to affiliates of KKR. The transaction is expected to close in the third quarter of 2026. Taken together, these transactions are expected to support investments across Sempra's growing portfolio of opportunities in Texas and California, enabling critical transmission and distribution infrastructure investments that serve customers while strengthening safety, reliability and resilience. They also aim to help reduce the company's reliance on future common-equity issuances to fund growth while supporting credit quality and financial strength. About Sempra Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com, including investor.sempra.com/corporate-updates which contains important information for investors, and on social media @sempra. We use the investor.sempra.com/corporate-updates webpage as a means of disclosing important information to investors, some of which may be material, and complying with our disclosure obligations under SEC Regulation FD. The information on this webpage is supplemental to the information we disseminate to investors through other channels, including filings with the SEC, press releases, and public conference calls and webcasts, and investors should monitor all these sources for material information about us. ### This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations. 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 and the wildfire fund continuation account established by California Senate Bill 254, rates from customers or a combination thereof; decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, California Public Utilities Commission (CPUC), U.S. Department of Energy, Electric Reliability Council of Texas, Inc., U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service, Public Utility Commission of Texas and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions, such as the planned sale of a portion of our equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates and (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of meeting the demand for lower carbon and reliable energy in California; the impact of air quality and climate-related policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability and reliability of electric power, natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the transmission grid or pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; Oncor Electric Delivery Company LLC's (Oncor) ability to reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on Sempra's website, www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC). 1 Refers to Sempra's 2026-2030 capital plan, which (i) includes Sempra's proportionate ownership interest in projected capital expenditures at unconsolidated equity method investees while excluding Sempra's projected future contributions to those equity method investees and (ii) excludes noncontrolling interests' proportionate ownership interest in projected capital expenditures at Sempra and at unconsolidated equity method investees. Our 2026-2030 capital plan reflects our 80.25% ownership of Oncor and assumes our projected 70% ownership of SI Partners through March 31, 2026, and 25% ownership thereafter. SOURCE Sempra
SoCalGas Program Provides More Than $10 Million in Energy Efficiency Upgrades to Schools and Local Governments
LOS ANGELES, Aug. 18, 2026 /PRNewswire/ -- Southern California Gas Co. (SoCalGas), a subsidiary of Sempra (NYSE: SRE), announced today that schools, local governments, and other public-sector facilities received more than $10 million in no-cost energy efficiency upgrades through the Public Direct Install Program (PDIP) in 2025, with an additional $32 million in utility bill savings expected over the lifetime of the equipment. The program helps eligible participants identify and implement energy-saving improvements, including high-efficiency water heating technologies such as tankless water heaters, hot water pipe insulation and tank insulation. The Colton Joint Unified School District is one participant seeing benefits from the PDIP, having completed more than 150 energy efficiency measures through the program across its district facilities over the last three years, including 84 high-efficiency tankless water heaters. By replacing aging equipment through the program, the district reduced natural gas consumption by approximately 20% and saved more than $800,000 through incentives. "Typically, replacing a traditional water heater with a tankless unit costs anywhere from $8,000 to $12,000," said Energy Programs, Grants, and Sustainability Officer Jay Kim at Colton Joint Unified School District. "This frees up maintenance budgets and allows funding to be redirected back into the classroom for things like art projects, science kits, and musical instruments. That's a win-win for the district and the community we serve." In 2025, the program installed more than 2,000 energy-efficiency measures across 845 projects and helped reduce energy use by approximately 16.3 million net therms over the lifetime of the installed equipment, the equivalent of serving about 11,500 residential homes for one year 1. "Managing energy costs is an important part of helping schools, local governments and other public-serving organizations make the most of their budgets," said Andrew Steinberg, director of customer programs and assistance at SoCalGas. "This program helps participants make energy efficiency improvements that can reduce their operating expenses, allowing them to direct more resources toward other important services and programs their communities rely on." Energy efficiency is one of several ways SoCalGas helps customers manage their energy costs and support long-term affordability. As highlighted in The Affordable Way for California, combining energy efficiency with investments in system reliability and underground storage helps support customer energy needs and underscores the value of a flexible, resilient energy system. The PDIP is part of more than 70 energy efficiency programs administered by SoCalGas that help customers reduce energy use and better manage energy costs through rebates, assessments, direct installation services and other energy-saving solutions. Eligible public agencies, federal facilities and K-12 schools interested in participating can learn more about available energy efficiency programs at www.socalgas.com/savings. About SoCalGas SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable, and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading U.S. utility growth business. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas. 1 "Estimate of equivalent avoided carbon dioxide emissions from homes' energy use for one year is converted from therms using the U.S. Environmental Protection Agency's (EPA) Greenhouse Gas Equivalencies calculator. This figure represents an estimate as of a point in time and future changes or updates to the EPA calculator may impact the result." SOURCE Southern California Gas Company
Sempra named to TIME’s America’s Best Companies 2026 list
Sempra has been recognized on TIME’s America’s Best Companies 2026 list, a publicly announced ranking developed in collaboration with Statista. The list evaluated 1,000 U.S. companies across three dimensions: financial performance, employee satisfaction and sustainability transparency. The recognition comes as Sempra advances its mission to build America’s leading utility growth business. To support that work, the company is executing a strategic capital recycling program with a view toward simplifying the business, concentrating investments on regulated utilities and strengthening its balance sheet. Sempra’s work is anchored in California and Texas — the two largest economies in the U.S. — where its utilities help power economic growth, serve growing communities and strengthen the energy systems on which everyday life depends. Supporting this strategic effort is Sempra's talented workforce of nearly 20,000 employees. Their commitment to safety, operational excellence and continued improvement helps advance the company's goal of delivering long-term value to shareholders and enhanced benefits to customers and other stakeholders. “Sempra’s business performance begins with our people,” said Jeffrey W. Martin, chairman and CEO of Sempra. “Across our leadership team, there is a strong focus on execution and our employees are committed to our mission. That’s why being included on TIME’s America’s Best Companies 2026 list is a meaningful recognition.” Beyond work, employees also make a meaningful impact on the communities they serve through volunteerism, philanthropy and community engagement. This recognition by TIME follows other recent recognition of Sempra’s performance, culture and long-term positioning, including The Wall Street Journal’s Best Managed Companies and Best Companies for the Future, Fortune’s World’s Most Admired Companies, U.S. News & World Report’s Best Companies to Work For 2026 and Forbes’ Most Trusted Companies.
Record 811 Participation Helps Drive Lowest Infrastructure Damage Rate on Record Across SoCalGas Service Territory
LOS ANGELES, Aug. 11, 2026 /PRNewswire/ -- Southern California Gas Company (SoCalGas), a subsidiary of Sempra (NYSE: SRE), is recognizing National 811 Day by celebrating a record-low infrastructure damage rate and encouraging Californians to continue the safe-digging practices that are helping prevent damage to critical underground utility infrastructure. In 2025, more than 1.1 million Californians called 811 to locate and mark underground utility lines across SoCalGas's service territory, a 6% increase from the previous year and one of the highest levels of participation on record. As calls to the 811 program continue to grow, SoCalGas achieved its lowest damage rate on record, demonstrating the impact safe digging practices can have on protecting communities, workers and essential utility services. The increase in 811 participation coincides with a 32% reduction in dig-in incidents since 2019, underscoring the effectiveness of public awareness efforts, safe excavation practices and collaboration among homeowners, contractors, local agencies and utilities. The sustained increase in 811 requests also reflects the ongoing operational work required to locate and mark underground infrastructure across a large and active service territory, reinforcing the importance of continued public awareness, field response and damage prevention programs. "The record calls we're seeing to the 811 program is making a real difference," said Cedric Williams, chief safety officer at SoCalGas. "More people are taking the simple step of contacting 811 before digging, and the result is fewer damages to underground infrastructure and safer communities. National 811 Day is an opportunity to celebrate that progress while reminding everyone that every dig-in is preventable." While approximately 2,400 dig-in incidents were recorded in 2025, the company achieved its lowest damage rate on record despite continued excavation activity throughout the region, highlighting the positive impact of increased awareness and use of the 811 program. Despite this progress, nearly 60% of dig-in incidents in 2025 occurred because 811 was not called before excavation began, highlighting one of the most preventable causes of infrastructure damage. Data consistently show that contacting 811 before digging dramatically reduces the likelihood of damaging underground utilities. Additionally, approximately 70% of dig-in incidents occurred on private property, reinforcing the importance of homeowners calling 811 before starting common projects such as planting trees, installing fences, landscaping or building decks. National 811 Day, observed annually on Aug. 11, serves as a reminder to contact 811 at least two business days before digging, excluding the day of notification. After a request is submitted, utility operators will mark the approximate location of underground utility lines, helping prevent injuries, property damage, service disruptions and costly repairs. The company's progress in damage prevention reflects its broader commitment to safety and operational excellence and the responsible management of critical energy infrastructure across Southern California. Whether planting trees, installing fences, building decks, landscaping or undertaking larger construction projects, SoCalGas encourages everyone to make calling 811 their first step before breaking ground. Know Before You Dig Before starting any digging project: Contact 811 or submit a request online. Wait for underground utility lines to be marked. Confirm all utility operators have responded. Dig carefully around marked utility lines. For more information about safe digging practices, visit socalgas.com/811. About SoCalGas SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable, and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading U.S. utility growth business. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas. Message Funded by Shareholders. SOURCE Southern California Gas Company
SoCalGas Introduces Updated Employee Uniforms to Improve Safety
Media assets here LOS ANGELES, Aug. 10, 2026 /PRNewswire/ -- Southern California Gas Company (SoCalGas), a subsidiary of Sempra (NYSE: SRE), today announced the rollout of updated employee uniforms designed to support customers' identification of SoCalGas employees working in their communities while also enhancing employee safety and performance in the field. The updated uniforms feature prominent company branding, embroidered employee first names and lightweight flame-resistant materials, providing customers with additional visual cues to recognize SoCalGas employees when work is being performed at homes and businesses. "Our employees perform critical work every day to help safely deliver service to millions of customers across Southern California," said Rodger Schwecke, interim president of SoCalGas. "These updated uniforms provide enhanced safety features and functionality that support employees in the field, while also helping customers in identifying SoCalGas employees serving their communities. It's an investment in our workforce that supports safe, reliable service for our customers." Customers will notice employee first names embroidered on shirts and coveralls, along with company-issued photo identification badges and marked SoCalGas vehicles. Together, these features provide multiple ways for customers to identify SoCalGas employees conducting inspections, maintenance, construction work, emergency response activities and other service-related work throughout the company's service territory. Customers who have questions about a worker's identity may also ask to see a company-issued photo identification badge. The updated uniforms also incorporate lightweight flame-resistant technology that provides an additional layer of protection while supporting mobility and comfort for employees working in a variety of field conditions. The uniforms were selected following employee feedback and evaluation of operational needs and are designed to support employees working in a variety of field conditions across the company's service territory. One of the most visible changes is a transition from the traditional blue uniforms to a modern gray design featuring updated company identification. The uniform program also includes expanded sizing options and improved garment fits to accommodate a diverse workforce and support employees across a variety of job functions and work environments. By improving visibility and making it easier for customers to identify employees in the field, the updated uniforms support SoCalGas' ongoing commitment to customer safety, trust and service while helping employees perform their work safely and effectively. The updated uniforms will be phased into service across SoCalGas' service territory beginning August 2026. For more information about employee identification and safety practices, visit socalgas.com/recognize. About SoCalGas SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable, and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading U.S. utility growth business. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas. Message funded by shareholders. SOURCE Southern California Gas Company
SoCalGas Board of Directors Approves Retirement of All Outstanding Shares of Preferred Stock
LOS ANGELES, Aug. 7, 2026 /PRNewswire/ -- Southern California Gas Company ("SoCalGas") today announced that its board of directors has approved the retirement (the "Retirement") of all outstanding shares of the company's 6% Preferred Stock, $25 par value ("Preferred Stock"), and 6% Preferred Stock, Series A, $25 par value ("Series A Preferred Stock"). SoCalGas is effecting the Retirement to simplify its capital structure while delivering immediate value to shareholders, all as part of its efforts to modernize its business and serve its stakeholders. The approval by the board of directors follows shareholder approval of the amendment and restatement of the company's Restated Articles of Incorporation that implements the Retirement and makes certain other related changes (as so amended and restated, the "Restated Charter") at a special meeting of SoCalGas shareholders held on Aug. 6, 2026. SoCalGas plans to file the Restated Charter with the California Secretary of State on Aug. 17, 2026 (the "Retirement Date"). On the Retirement Date, each outstanding share of the company's Preferred Stock and Series A Preferred Stock will be automatically retired in exchange for a cash payment of $31.135616 per share (the "Retirement Payment"), constituting $31.00 per share plus accrued and unpaid dividends thereon to but excluding the Retirement Date. The Retirement Payment is payable on the Retirement Date, to holders of record of the Preferred Stock and Series A Preferred Stock on such date. Following the Retirement, no shares of Preferred Stock or Series A Preferred Stock will be outstanding, and certificates or book entries representing such retired shares will represent only the receipt of or right to receive the Retirement Payment. In the interest of facilitating an orderly retirement process, SoCalGas plans to voluntarily withdraw both the Preferred Stock (OTCQB: SOCGM) and the Series A Preferred Stock (OTCQB: SOCGP) from quotation on the OTCQB market, effective after market close on Aug. 13, 2026. About SoCalGasSoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable, and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading U.S. utility growth business. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas. Message Funded by Shareholders SOURCE Southern California Gas Company
Sempra Reports Strong Second-Quarter 2026 Results
SAN DIEGO, Aug. 6, 2026 /PRNewswire/ -- Sempra (NYSE: SRE) today reported second-quarter 2026 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $796 million or $1.21 per diluted share, compared to second-quarter 2025 GAAP earnings of $461 million or $0.71 per diluted share. On an adjusted basis, second-quarter 2026 earnings were $762 million or $1.16 per diluted share, compared to $583 million or $0.89 per diluted share in 2025. "Across our management team, there is a consistent emphasis on execution, and our progress through the first half of the year is reflected in strong financial performance," said Jeffrey W. Martin, chairman and CEO of Sempra. "I could not be more proud of our employees and their commitment to innovation and continuous improvement, as we look to find new and better ways to serve customers." The reported financial results reflect certain significant items as described on an after-tax basis in the following table of GAAP earnings, reconciled to adjusted earnings, for second-quarter 2026 and 2025. (Dollars and shares in millions, except EPS) Three months ended June 30, Six months ended June 30, 2026 2025 2026 2025 GAAP Earnings $ 796 $ 461 $ 1,833 $ 1,367 Impact from regulatory disallowances — 25 — 25 Impact from foreign currency and inflation on monetary positions in Mexico and associated undesignated derivatives 71 97 52 89 Net unrealized (gains) losses on derivatives (82) (25) (85) 10 Net unrealized (gains) losses on interest rate swaps related to Port Arthur LNG Phase 1 project (3) (1) 8 8 Tax items related to assets held for sale (20) 26 (55) 26 Adjusted Earnings (1) $ 762 $ 583 $ 1,753 $ 1,525 Diluted Weighted-Average Common Shares Outstanding 656 653 656 653 GAAP EPS $ 1.21 $ 0.71 $ 2.80 $ 2.09 Adjusted EPS (1) $ 1.16 $ 0.89 $ 2.67 $ 2.34 (1) See Table A for information regarding non-GAAP financial measures. Advancing Value Creation Initiatives During the second quarter, Sempra continued executing on a series of value creation initiatives to further its mission of building America's leading utility growth business. Taken together, these initiatives are designed to simplify the company's strategy, strengthen its financial position and support long-term utility growth. In the first half of 2026, Sempra's businesses invested capital expenditures of over $6 billion to support safe, reliable and affordable energy for the communities we serve. These investments are part of Sempra's record five-year 2026-2030 capital plan of approximately $65 billion, with 95% allocated to investments at our Texas and California utilities. Sempra Texas Sempra continues to see strong growth opportunities in Texas through its investment in Oncor Electric Delivery Company LLC (Oncor). During the quarter, Oncor's new base rates became effective June 1. In addition, Oncor filed the surcharge that was approved through its recent base rate review. The surcharge, which took effect August 1, recovers the difference between the new base rates and the rates in effect from January 1 to June 1, 2026. The updated base rates better align Oncor's cost structure with today's operating environment, strengthen its financial profile and support continued infrastructure investments to meet Texas' growing energy needs. Texas continues to experience unprecedented growth in electric demand as evidenced by Electric Reliability Council of Texas' (ERCOT) new all-time peak load of 91 gigawatts (GW) set in July. Continued growth in demand is leading to a series of new opportunities to invest in the electric grid. Earlier this year, ERCOT endorsed a series of high-voltage transmission projects expected to require more than $7 billion of incremental investment, supporting approximately 16 GW of new electric demand with anticipated in-service dates between 2026 and 2034. Oncor expects to construct the majority of those projects, which are subject to regulatory approval. Also, the Public Utility Commission of Texas recently approved ERCOT's Batch Zero process, establishing a standardized framework intended to streamline large-load interconnections and support growing demand across the electric grid. While the timeline of the Batch Zero process remains to be determined, approximately 44 GW of large-load requests in Oncor's service territory are expected to be eligible as base or studied load, consisting of approximately 27 GW of base load and 17 GW of studied load. The referenced 44 GW also includes 8 GW of existing interconnected large load that is ramping up to its authorized capacity. The projects reflect significant customer commitment through financial security, site control and other ERCOT qualification requirements, reinforcing the substantial demand for infrastructure investment across Oncor's service territory. For context, if fully realized, these requests would represent over 140% growth relative to Oncor's current system peak load of 31 GW. Sempra California In California, Sempra's utilities remained focused on advancing safety, reliability and affordability for customers. During the quarter, San Diego Gas & Electric (SDGE) and Southern California Gas Company (SoCalGas) filed their 2028 General Rate Case (GRC) applications. Together, these GRC applications demonstrate a balanced approach to advancing critical safety and reliability investments supporting wildfire risk reduction, electric reliability and resilience, and pipeline safety, while maintaining disciplined cost management and a focus on customer affordability. Regulatory momentum continued in the quarter, including the approval by the Federal Energy Regulatory Commission of SDGE's electric transmission rate, or TO6, settlement. The settlement provides a constructive outcome for SDGE's transmission business, including an authorized base return on equity of approximately 10.28% and a supportive regulatory framework for continued transmission investment. Additionally, the California Independent System Operator's 2025–2026 Transmission Plan included over $160 million of reliability-driven projects for SDGE, further supporting grid resilience. Sempra California also continued to advance innovation and deliver meaningful benefits for customers. SoCalGas estimates that its energy efficiency programs helped customers save more than $100 million on their utility bills last year, while SDGE expanded its battery energy storage capacity in the second quarter to support grid reliability. In addition, SDGE launched a collaboration with Qualcomm Technologies, Inc. and the University of California San Diego's Scripps Institution of Oceanography to develop edge-based artificial intelligence technology aimed at enhancing extreme-weather response capabilities. In combination, these efforts reflect Sempra California's broader commitment to safety, innovation and long-term system reliability. Sempra Infrastructure Partners Strategic Updates The transaction to sell a 45% equity interest in Sempra Infrastructure Partners to affiliates of KKR remains on track and is expected to close in the third quarter of 2026, subject to required approvals and customary closing conditions. The planned sale of Ecogas México, S. de R.L. de C.V. continues to advance following the recent approval without condition by Mexico's antitrust authority and is expected to close in August. These transactions further Sempra's capital recycling program with a view toward simplifying the company's strategy, strengthening its financial position and supporting long-term utility growth. Earnings Guidance Sempra is updating its full-year 2026 GAAP earnings-per-common share (EPS) guidance range to $5.02 to $5.55, reflecting actual results through the second quarter, affirming its 2026 adjusted EPS guidance range of $4.80 to $5.30 and affirming its full-year 2027 EPS guidance range of $5.10 to $5.70. Sempra is also affirming a 7% to 9% projected long‑term EPS growth rate. Non-GAAP Financial Measures Non-GAAP financial measures include Sempra's adjusted earnings, adjusted EPS and adjusted EPS guidance range. See Table A for additional information regarding these non-GAAP financial measures. Internet Broadcast Sempra will broadcast a live discussion of its earnings results over the internet today at 12 p.m. ET with the company's senior management. Access is available by visiting the Investors section of the company's website at sempra.com/investors. The webcast will be available on replay a few hours after its conclusion at sempra.com/investors. About Sempra Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com, including investor.sempra.com/corporate-updates which contains important information for investors, and on social media @sempra. We use the investor.sempra.com/corporate-updates webpage as a means of disclosing important information to investors, some of which may be material, and complying with our disclosure obligations under SEC Regulation FD. The information on this webpage is supplemental to the information we disseminate to investors through other channels, including filings with the SEC, press releases, and public conference calls and webcasts, and investors should monitor all these sources for material information about us. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations. 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 and the wildfire fund continuation account established by California Senate Bill 254, rates from customers or a combination thereof; decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, California Public Utilities Commission (CPUC), U.S. Department of Energy, Electric Reliability Council of Texas, Inc., U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service, Public Utility Commission of Texas and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions, such as the planned sale of a portion of our equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates and (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of meeting the demand for lower carbon and reliable energy in California; the impact of air quality and climate-related policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability and reliability of electric power, natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the transmission grid or pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; Oncor Electric Delivery Company LLC's (Oncor) ability to reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, http://www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC). None of the website references in this press release are active hyperlinks, and the information contained on, or that can be accessed through, any such website is not, and shall not be deemed to be, part of this document. SEMPRA Table A CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in millions, except per share amounts; shares in thousands) Three months ended June 30, Six months ended June 30, 2026 2025 2026 2025 REVENUES Utilities: Natural gas $ 1,364 $ 1,470 $ 3,389 $ 3,832 Electric 1,158 1,031 2,382 2,090 Energy-related businesses 475 499 881 880 Total revenues 2,997 3,000 6,652 6,802 EXPENSES AND OTHER INCOME Utilities: Cost of natural gas (63) (183) (398) (676) Cost of electric fuel and purchased power (114) (91) (195) (143) Energy-related businesses cost of sales 69 (85) (7) (204) Operation and maintenance (1,251) (1,239) (2,493) (2,582) Depreciation and amortization (612) (653) (1,233) (1,293) Franchise fees and other taxes (194) (165) (404) (361) Other income, net 67 59 167 150 Interest income 38 14 78 48 Interest expense (430) (359) (812) (792) Income before income taxes and equity earnings 507 298 1,355 949 Income tax expense (112) (172) (177) (229) Equity earnings 547 393 914 718 Net income 942 519 2,092 1,438 Earnings attributable to noncontrolling interests (141) (46) (248) (48) Earnings attributable to contingently redeemable noncontrolling interest (4) — (10) — Preferred dividends — (11) — (22) Preferred dividends of subsidiary (1) (1) (1) (1) Earnings attributable to common shares $ 796 $ 461 $ 1,833 $ 1,367 Basic earnings per common share (EPS): Earnings $ 1.22 $ 0.71 $ 2.80 $ 2.10 Weighted-average common shares outstanding 654,038 652,664 653,815 652,330 Diluted EPS: Earnings $ 1.21 $ 0.71 $ 2.80 $ 2.09 Weighted-average common shares outstanding 655,945 653,224 655,718 653,123 SEMPRA Table A (Continued) Sempra Adjusted Earnings and Adjusted EPS are non-GAAP financial measures (GAAP represents generally accepted accounting principles in the United States of America). These non-GAAP financial measures exclude significant items that are generally not related to our ongoing business activities and/or are infrequent in nature. These non-GAAP financial measures also exclude the impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives and net unrealized gains and losses on commodity and interest rate derivatives, which we expect to occur in future periods, and which can vary significantly from one period to the next. Exclusion of these items is useful to management and investors because it provides a meaningful comparison of the performance of Sempra's business operations to prior and future periods. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. RECONCILIATION OF SEMPRA ADJUSTED EARNINGS AND ADJUSTED EPS TO SEMPRA GAAP EARNINGS AND GAAP EPS Sempra Adjusted Earnings and Adjusted EPS exclude items (after the effects of income taxes and, if applicable, noncontrolling interests (NCI)) in 2026 and 2025 as follows: Three months ended June 30, 2026: $(71) million impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives $82 million net unrealized gains on commodity derivatives $3 million net unrealized gains on interest rate swaps related to the initial phase of the Port Arthur LNG liquefaction project (PA LNG Phase 1 project) $20 million net income tax benefit as a result of classifying Sempra Infrastructure Partners, LP (SI Partners) and Ecogas México, S. de R.L. de C.V. (Ecogas) as held for sale, which such amounts could change in future periods until the dates of sale: $21 million income tax benefit to adjust deferred income tax liabilities primarily related to outside basis differences in our investment in SI Partners $(1) million income tax expense to adjust a Mexican deferred tax liability on our outside basis difference in our investment in Ecogas Three months ended June 30, 2025: $(25) million impact from regulatory disallowances related to the recovery of coronavirus disease 2019 (COVID-19) costs at Sempra California $(97) million impact from foreign currency and inflation on our monetary positions in Mexico $25 million net unrealized gains on commodity derivatives $1 million net unrealized gains on interest rate swaps related to the PA LNG Phase 1 project $(26) million income tax expense due to the recognition of a Mexican deferred tax liability on the outside basis difference in our investment in Ecogas as a result of classifying the asset as held for sale Six months ended June 30, 2026: $(52) million impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives $85 million net unrealized gains on commodity derivatives $(8) million net unrealized losses on interest rate swaps related to the PA LNG Phase 1 project $55 million income tax benefit as a result of classifying SI Partners and Ecogas as held for sale, which such amounts could change in future periods until the dates of sale: $54 million income tax benefit to adjust deferred income tax liabilities primarily related to outside basis differences in our investment in SI Partners $1 million income tax benefit to adjust a Mexican deferred tax liability on the outside basis difference in our investment in Ecogas Six months ended June 30, 2025: $(25) million impact from regulatory disallowances related to the recovery of COVID-19 costs at Sempra California $(89) million impact from foreign currency and inflation on our monetary positions in Mexico $(10) million net unrealized losses on commodity derivatives $(8) million net unrealized losses on interest rate swaps related to the PA LNG Phase 1 project $(26) million income tax expense due to the recognition of a Mexican deferred tax liability on the outside basis difference in our investment in Ecogas as a result of classifying the asset as held for sale The table below reconciles Sempra Adjusted Earnings and Adjusted EPS to Sempra GAAP Earnings and GAAP EPS, which we consider to be the most directly comparable financial measures calculated in accordance with GAAP. RECONCILIATION OF ADJUSTED EARNINGS AND ADJUSTED EPS TO GAAP EARNINGS AND GAAP EPS (Dollars in millions, except per share amounts; shares in thousands) Pretax amount Income tax expense (benefit) (1) Non- controlling interests Earnings Diluted EPS Pretax amount Income tax (benefit) expense (1) Non- controlling interests Earnings Diluted EPS Three months ended June 30, 2026 Three months ended June 30, 2025 Sempra GAAP Earnings and GAAP EPS $ 796 $ 1.21 $ 461 $ 0.71 Excluded items: Impact from regulatory disallowances $ — $ — $ — — — $ 36 $ (11) $ — 25 0.04 Impact from foreign currency and inflation on monetary positions in Mexico and associated undesignated derivatives 60 38 (27) 71 0.11 24 122 (49) 97 0.14 Net unrealized gains on commodity derivatives (182) 33 67 (82) (0.13) (46) 6 15 (25) (0.04) Net unrealized gains on interest rate swaps related to PA LNG Phase 1 project (21) 1 17 (3) — (9) 1 7 (1) — Tax items related to assets held for sale — (20) — (20) (0.03) — 38 (12) 26 0.04 Sempra Adjusted Earnings and Adjusted EPS $ 762 $ 1.16 $ 583 $ 0.89 Weighted-average common shares outstanding, diluted 655,945 653,224 Six months ended June 30, 2026 Six months ended June 30, 2025 Sempra GAAP Earnings and GAAP EPS $ 1,833 $ 2.80 $ 1,367 $ 2.09 Excluded items: Impact from regulatory disallowances $ — $ — $ — — — $ 36 $ (11) $ — 25 0.04 Impact from foreign currency and inflation on monetary positions in Mexico and associated undesignated derivatives 49 20 (17) 52 0.07 22 112 (45) 89 0.14 Net unrealized (gains) losses on commodity derivatives (173) 38 50 (85) (0.13) 23 (9) (4) 10 0.02 Net unrealized losses on interest rate swaps related to PA LNG Phase 1 project 54 (3) (43) 8 0.01 56 (3) (45) 8 0.01 Tax items related to assets held for sale — (56) 1 (55) (0.08) — 38 (12) 26 0.04 Sempra Adjusted Earnings and Adjusted EPS $ 1,753 $ 2.67 $ 1,525 $ 2.34 Weighted-average common shares outstanding, diluted 655,718 653,123 (1) Except for adjustments that are solely income tax and tax related to outside basis differences, income taxes on pretax amounts were primarily calculated based on applicable statutory tax rates. SEMPRA Table A (Continued) Sempra 2026 Adjusted EPS Guidance is a non-GAAP financial measure. This non-GAAP financial measure excludes significant items that are generally not related to our ongoing business activities and/or infrequent in nature. This non-GAAP financial measure also excludes the impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives and net unrealized gains and losses on commodity and interest rate derivatives for the six months ended June 30, 2026, which we expect to occur in future periods, and which can vary significantly from one period to the next. Exclusion of these items is useful to management and investors because it provides a meaningful comparison of the performance of Sempra's business operations to prior and future periods. Because we cannot reasonably estimate the forward-looking amount or range of amounts of reasonably estimable GAAP amounts, this non-GAAP financial measure does not contemplate the anticipated impacts of each of the following future events: impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives net unrealized gains and losses on commodity and interest rate derivatives any potential gain from the agreement to sell an equity interest in SI Partners to the KKR Partners that was entered into in September 2025, as the purchase price is subject to closing adjustments, post-closing adjustments, and tax items related to our outside basis difference in SI Partners, all of which are subject to adjustments based on changes in carrying value, foreign exchange rates and inflation until the date of sale ancillary costs associated with the sale of SI Partners We expect to complete the sale of SI Partners in the third quarter of 2026, which we expect to be accretive. Sempra 2026 Adjusted EPS Guidance Range should not be considered an alternative to Sempra 2026 GAAP EPS Guidance Range. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. RECONCILIATION OF SEMPRA 2026 ADJUSTED EPS GUIDANCE RANGE TO SEMPRA 2026 GAAP EPS GUIDANCE RANGE Sempra 2026 Adjusted EPS Guidance Range of $4.80 to $5.30 excludes items (after the effects of income taxes and, if applicable, NCI) for the six months ended June 30, 2026 as follows: $(52) million impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives $85 million net unrealized gains on commodity derivatives $(8) million net unrealized losses on interest rate swaps related to the PA LNG Phase 1 project $55 million income tax benefit as a result of classifying SI Partners and Ecogas as held for sale, which such amounts could change in future periods until the dates of sale: $54 million income tax benefit to adjust deferred income tax liabilities primarily related to outside basis differences in our investment in SI Partners $1 million income tax benefit to adjust a Mexican deferred tax liability on the outside basis difference in our investment in Ecogas a gain on sale of Ecogas ranging from approximately $165 million ($57 million after tax and NCI) to $205 million ($77 million after tax and NCI), which SI Partners expects to complete in August 2026 The table below reconciles Sempra 2026 Adjusted EPS Guidance Range to Sempra 2026 GAAP EPS Guidance Range, which we consider to be the most directly comparable financial measure calculated in accordance with GAAP. RECONCILIATION OF ADJUSTED EPS GUIDANCE RANGE TO GAAP EPS GUIDANCE RANGE Full-Year 2026 Sempra GAAP EPS Guidance Range $ 5.02 to $ 5.55 Excluded items: Impact from foreign currency and inflation on monetary positions in Mexico and associated undesignated derivatives 0.07 0.07 Net unrealized gains on commodity derivatives (0.13) (0.13) Net unrealized losses on interest rate swaps related to PA LNG Phase 1 project 0.01 0.01 Tax items related to assets held for sale (0.08) (0.08) Estimated gain on sale of Ecogas (0.09) (0.12) Sempra Adjusted EPS Guidance Range $ 4.80 to $ 5.30 Weighted-average common shares outstanding, diluted (millions) 655 SEMPRA Table B CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) June 30, December 31, 2026 2025 (1) ASSETS Current assets: Cash and cash equivalents $ 48 $ 29 Restricted cash 2 2 Accounts receivable – trade, net 1,442 1,767 Accounts receivable – other, net 190 157 Due from unconsolidated affiliates 45 — Income taxes receivable 252 71 Inventories 496 561 Regulatory assets 511 761 Greenhouse gas allowances 196 203 Assets held for sale 32,939 31,024 Other current assets 169 262 Total current assets 36,290 34,837 Other assets: Regulatory assets 4,297 3,868 Greenhouse gas allowances 1,498 1,221 Nuclear decommissioning trusts 920 899 Dedicated assets in support of certain benefit plans 617 605 Deferred income taxes 10 10 Right-of-use assets – operating leases 1,279 1,262 Investment in Oncor Holdings 19,002 17,472 Other investments 150 147 Wildfire fund 235 246 Other long-term assets 1,247 1,300 Total other assets 29,255 27,030 Property, plant and equipment, net 49,736 49,011 Total assets $ 115,281 $ 110,878 (1) Derived from audited financial statements. SEMPRA Table B (Continued) CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) June 30, December 31, 2026 2025 (1) LIABILITIES, CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST, AND EQUITY Current liabilities: Short-term debt $ 3,566 $ 4,166 Accounts payable – trade 1,225 1,461 Accounts payable – other 198 203 Due to unconsolidated affiliates — 8 Dividends and interest payable 807 770 Accrued compensation and benefits 358 521 Regulatory liabilities 3 3 Current portion of long-term debt and finance leases 2,075 1,876 Greenhouse gas obligations 196 203 Liabilities held for sale 12,992 11,704 Other current liabilities 685 979 Total current liabilities 22,105 21,894 Long-term debt and finance leases 31,023 28,979 Deferred credits and other liabilities: Regulatory liabilities 4,396 4,250 Greenhouse gas obligations 1,164 957 Pension and other postretirement benefit plan obligations, net of plan assets 119 124 Deferred income taxes 6,505 6,127 Asset retirement obligations 3,816 3,743 Deferred credits and other 2,847 2,805 Total deferred credits and other liabilities 18,847 18,006 Contingently redeemable noncontrolling interest 3,308 3,206 Equity: Sempra shareholders' equity 32,685 31,594 Preferred stock of subsidiary 20 20 Other noncontrolling interests 7,293 7,179 Total equity 39,998 38,793 Total liabilities, contingently redeemable noncontrolling interest, and equity $ 115,281 $ 110,878 (1) Derived from audited financial statements. SEMPRA Table C CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in millions) Six months ended June 30, 2026 2025 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 2,092 $ 1,438 Adjustments to reconcile net income to net cash provided by operating activities 456 797 Net change in working capital components 268 (498) Distributions from investments 721 516 Changes in other noncurrent assets and liabilities, net (420) 13 Net cash provided by operating activities 3,117 2,266 CASH FLOWS FROM INVESTING ACTIVITIES Expenditures for property, plant and equipment (4,687) (4,640) Expenditures for investments (1,485) (972) Purchases of nuclear decommissioning and other trust assets (650) (531) Proceeds from sales of nuclear decommissioning and other trust assets 679 580 Advances to unconsolidated affiliates (30) — Other 9 — Net cash used in investing activities (6,164) (5,563) CASH FLOWS FROM FINANCING ACTIVITIES Common dividends paid (826) (787) Preferred dividends paid — (22) Issuances of common stock, net 30 19 Repurchases of common stock (21) (58) Issuances of debt (maturities greater than 90 days) 8,092 5,458 Payments on debt (maturities greater than 90 days) and finance leases (4,544) (3,411) (Decrease) increase in short-term debt, net (600) 682 Advances from unconsolidated affiliates 79 44 Contributions from noncontrolling interests 74 83 Distributions to noncontrolling interests (135) (91) Termination of interest rate swaps, net of transaction costs 96 — Other (51) (26) Net cash provided by financing activities 2,194 1,891 Effect of exchange rate changes on cash, cash equivalents and restricted cash 1 1 Decrease in cash, cash equivalents and restricted cash (852) (1,405) Cash, cash equivalents and restricted cash, January 1 3,552 1,589 Cash, cash equivalents and restricted cash, June 30 $ 2,700 $ 184 SEMPRA Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES (Dollars in millions) Three months ended June 30, Six months ended June 30, 2026 2025 2026 2025 EARNINGS (LOSSES) ATTRIBUTABLE TO COMMON SHARES Sempra California $ 297 $ 259 $ 1,017 $ 983 Sempra Texas Utilities 346 208 517 354 Sempra Infrastructure 230 72 492 218 Segment earnings attributable to common shares 873 539 2,026 1,555 Parent and other (77) (78) (193) (188) Sempra earnings attributable to common shares $ 796 $ 461 $ 1,833 $ 1,367 CAPITAL EXPENDITURES FOR PROPERTY, PLANT AND EQUIPMENT Sempra California $ 934 $ 1,221 $ 1,901 $ 2,315 Sempra Infrastructure 1,291 1,081 2,784 2,322 Segment totals 2,225 2,302 4,685 4,637 Parent and other 1 2 2 3 Total Sempra $ 2,226 $ 2,304 $ 4,687 $ 4,640 CAPITAL EXPENDITURES FOR INVESTMENTS Sempra Texas Utilities $ 609 $ 485 $ 1,485 $ 971 Sempra Infrastructure — 1 — 1 Total Sempra $ 609 $ 486 $ 1,485 $ 972 SEMPRA Table D (Continued) RECONCILIATION OF SEMPRA'S CAPITAL PLAN TO PROJECTED FUTURE CAPITAL EXPENDITURES (Dollars in billions) Sempra California Sempra Texas Utilities Sempra Infrastructure Total Sempra Capital Plan for 2026 – 2030 (1) Projected future capital expenditures for PP&E and investments – GAAP $ 23.5 $ 11.1 $ 4.1 $ 38.7 Capital expenditures to unconsolidated entities (2) — (11.1) (2.6) (13.7) Capital expenditures at unconsolidated entities (3) — 38.2 2.7 40.9 Capital expenditures attributable to NCI owners (4) — — (1.0) (1.0) Capital Plan $ 23.5 $ 38.2 $ 3.2 $ 64.9 Percentage of projected future capital expenditures for PP&E and investments – GAAP 61 % 29 % 10 % 100 % Percentage of Capital Plan 36 % 59 % 5 % 100 % (1) All projects in progress and future projects are subject to a number of risks and uncertainties. Sempra's Capital Plan and expectations regarding potential increases to its capital requirements are based on a number of assumptions, the failure of which to be accurate could materially impact Sempra's actual Capital Plan. Sempra's Capital Plan assumes Sempra's 70% consolidated ownership of SI Partners for the first three months of 2026 and 25% ownership thereafter, which represents Sempra's remaining interest under the equity method upon completion of the sale of a 45% equity interest in SI Partners. Sempra's Capital Plan is considered by management to be an operating measure. (2) Represents Sempra's projected future capital contributions to unconsolidated equity method investees. (3) Represents Sempra's proportionate ownership interest in projected capital expenditures at unconsolidated equity method investees. (4) Represents NCI's proportionate ownership interest in projected capital expenditures at Sempra and at unconsolidated equity method investees. SEMPRA'S CAPITAL DEPLOYED (Dollars in billions) Total Sempra Six months ended June 30, 2026 Capital expenditures for PP&E and investments – GAAP $ 6.2 Capital expenditures to unconsolidated entities (1) (1.5) Capital expenditures at unconsolidated entities (2) 3.2 Capital expenditures attributable to NCI owners (3) (1.8) Capital deployed $ 6.1 (1) Represents Sempra's actual capital contributions to unconsolidated equity method investees. (2) Represents Sempra's proportionate ownership interest in actual capital expenditures at unconsolidated equity method investees. (3) Represents NCI's proportionate ownership interest in actual capital expenditures at Sempra and at unconsolidated equity method investees. SEMPRA Table E OTHER OPERATING STATISTICS Three months ended June 30, Six months ended June 30, 2026 2025 2026 2025 UTILITIES Sempra California Gas sales (Bcf) (1) 68 75 161 191 Transportation (Bcf) (1) 106 114 213 245 Total deliveries (Bcf) (1) 174 189 374 436 Total gas customer meters (thousands) 7,147 7,135 Electric sales (millions of kWhs) (1) 632 610 1,320 1,325 Community Choice Aggregation and Direct Access (millions of kWhs) 3,259 3,104 6,558 6,536 Total deliveries (millions of kWhs) (1) 3,891 3,714 7,878 7,861 Total electric customer meters (thousands) 1,554 1,540 Oncor Electric Delivery Company LLC (Oncor) (2) Total deliveries (millions of kWhs) 44,595 42,226 84,784 81,232 Total electric customer meters (thousands) 4,141 4,084 Ecogas Natural gas sales (Bcf) 1 1 2 2 Natural gas customer meters (thousands) 173 166 ENERGY-RELATED BUSINESSES Sempra Infrastructure Termoeléctrica de Mexicali (millions of kWhs) 492 776 1,269 1,478 Wind and solar (millions of kWhs) (1) 971 842 1,710 1,588 (1) Includes intercompany sales. (2) Includes 100% of the electric deliveries and customer meters of Oncor, in which we hold an 80.25% interest through our investment in Oncor Electric Delivery Holdings Company LLC. SEMPRA Table F STATEMENTS OF OPERATIONS DATA BY SEGMENT (Dollars in millions) Sempra California Sempra Texas Utilities (1) Sempra Infrastructure Segment Totals Consolidating Adjustments, Parent & Other Total Three months ended June 30, 2026 Revenues $ 2,511 $ 512 $ 3,023 $ (26) $ 2,997 Operation and maintenance (995) (229) (1,224) (27) (1,251) Depreciation and amortization (607) (3) (610) (2) (612) Interest income 5 26 31 7 38 Interest expense (2) (256) (10) (266) (164) (430) Income tax (expense) benefit (39) (157) (196) 84 (112) Equity earnings $ 348 199 547 547 Earnings attributable to noncontrolling interests (141) (141) (141) Earnings attributable to contingently redeemable noncontrolling interest (4) (4) (4) Other segment items (3) (322) (2) 37 (287) 51 (236) Earnings (losses) attributable to common shares $ 297 $ 346 $ 230 $ 873 $ (77) $ 796 Three months ended
Sempra Infrastructure Advances Key Priorities
HOUSTON, July 27, 2026 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), continues to advance a series of key priorities in support of its corporate strategy. One of Sempra Infrastructure's key priorities is the completion of the ECA LNG Phase 1 project, a one-train natural gas liquefaction facility in Ensenada, Mexico. The project achieved mechanical completion in December 2025 and introduced feed gas into the facility in April 2026. Moreover, the project achieved first liquefied natural gas (LNG) production as part of the commissioning process in June 2026 and loaded and shipped its first cargo earlier this month. Today, the project announced that it is extending its commissioning process. Following the export of its first cargo, the plant was shut down for planned inspections, during which time damage was discovered in the project's refrigerant compressors. Subject to completion of a root cause investigation and the execution of the remediation workstreams being consistent with management expectations, the project is expected to reach substantial completion in the fourth quarter of 2026, with sales under long-term sale and purchase agreements commencing shortly thereafter. Notwithstanding the extension of the commissioning process, Sempra Infrastructure has had strong year-to-date performance and does not anticipate a reduction in its planned earnings contributions relative to Sempra's segment guidance ranges for 2026 and 2027. In addition to the commissioning process at ECA LNG Phase 1, the company is also advancing construction on Port Arthur LNG Phases 1 and 2, a world-class LNG export facility in Port Arthur, Texas. In total, the completion of both phases of construction is expected to add 26 million tonnes per annum (Mtpa) of new nameplate export capacity to the company's growing portfolio of LNG facilities. Construction at both facilities continues to remain on time and on budget. Additionally, the Port Arthur Pipeline Louisiana Connector has been placed in-service, and the associated LA Storage project remains on time and on budget. Both projects will support natural gas supply to the Port Arthur LNG facility. The company also continues to make advancements on the planned sale of Ecogas México, S. de R.L. de C.V. (Ecogas). The transaction was approved without condition by the Comisión Nacional Antimonopolio (CNA) last week. With the CNA's approval, the sale of Ecogas and its utility assets is expected to close in August. The transaction is expected to generate approximately $500 million in proceeds, while supporting Sempra Infrastructure's strategy of recycling capital to continue developing, building and operating large-scale energy infrastructure. About Sempra Infrastructure Sempra Infrastructure, headquartered in Houston, is focused on delivering energy for a better world by developing, building, operating and investing in modern energy infrastructure, such as LNG, energy networks and low-carbon solutions that are expected to play a crucial role in the energy systems of the future. Through the combined strength of its assets in North America, Sempra Infrastructure is connecting customers to safe and reliable energy and advancing energy security. Sempra Infrastructure is a subsidiary of Sempra (NYSE: SRE), a leading utility growth company. For more information, visit SempraInfrastructure.com or connect with Sempra Infrastructure on social media @SempraInfra. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, audits, investigations, inquiries, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures and other significant transactions such as the planned sale of a portion of Sempra's equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact on our ability to pass through higher costs to customers due to volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas transportation capacity, including disruptions caused by failures in the pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on Sempra's website, www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC). SOURCE Sempra Infrastructure
Sempra to Report Second-Quarter 2026 Earnings on August 6
SAN DIEGO, July 20, 2026 /PRNewswire/ -- Sempra (NYSE: SRE) plans to release its second-quarter 2026 earnings results by 8 a.m. ET on Thursday, August 6. Senior leaders from across the company will host a conference call with a slide presentation at 12 p.m. ET on Thursday, August 6. Materials will be published prior to market open the same day. Investors, analysts and others may register to listen to the live webcast and view related materials by visiting Sempra's Investors site. About Sempra Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com, including investor.sempra.com/corporate-updates which contains important information for investors, and on social media @sempra. We use the investor.sempra.com/corporate-updates webpage as a means of disclosing important information to investors, some of which may be material, and complying with our disclosure obligations under SEC Regulation FD. The information on this webpage is supplemental to the information we disseminate to investors through other channels, including filings with the SEC, press releases, and public conference calls and webcasts, and investors should monitor all these sources for material information about us. SOURCE Sempra
Spotlight on Justin Bird
Earlier this week, Sempra announced key leadership appointments to advance the company’s strategic priorities, naming Justin Bird executive vice president and chief financial officer (CFO) of Sempra. As CFO, Bird will expand his current oversight of corporate development by adding accounting, investor relations, treasury, financial planning, audit, insurance and tax functions to his scope of responsibilities. The effective date for Bird’s appointment is expected to be on or around the closing date of Sempra’s planned sale of a 45% stake in Sempra Infrastructure Partners (Sempra Infrastructure) to affiliates of KKR. Read the press release for more information. A 20-year veteran of Sempra, Bird has held leadership roles instrumental to long-term value creation involving many of the company’s most significant investments and capital market transactions, with experience spanning project finance, financial planning, corporate development, treasury, governance and legal functions. He has served on the board of Oncor Electric Delivery Company since January 2024, where he serves on the Audit, Finance, and Governance & Sustainability Committees, and has chaired the board of Sempra Infrastructure since 2021. “At Sempra, we have a clear view of the significant opportunities ahead and what is required to execute on them,” Bird said. “As CFO, I’m looking forward to working closely with investors and other key stakeholders, developing the next generation of finance talent across the organization and supporting Sempra’s growth as we advance our mission to build America’s leading utility growth business.” Leading through change Bird currently serves as executive vice president of Sempra and chief executive officer of Sempra Infrastructure where he leads one of North America’s leading energy infrastructure platforms, managing more than $30 billion in total assets. Bird has overseen the build-out of three business lines — liquefied natural gas (LNG), energy networks and low carbon solutions — and a team of nearly 3,000 dedicated employees during a period of significant growth. During his tenure of leading Sempra Infrastructure, Bird was successful in building a globally competitive LNG platform, advancing a portfolio of large-scale infrastructure projects and executing a series of strategic transactions to create shareholder value, while strengthening the company’s operational, safety and financial performance. Under his leadership, the company progressed construction across a series of major projects, reaching final investment decisions on Port Arthur LNG Phases 1 and 2, reaching commercial operations at a series of large-scale wind and solar photovoltaic projects, moving Energía Costa Azul LNG Phase 1 toward completion and reaching an agreement to sell Ecogas México, S. de R.L. de C.V. Collectively, these accomplishments expanded Sempra Infrastructure’s global footprint, enhanced its growth trajectory and reinforced its position as a leading North American energy infrastructure platform. Before leading Sempra Infrastructure, Bird served as chief executive officer of Sempra LNG, where he competitively differentiated the company’s business strategy by calling for the development of projects capable of dispatching LNG out of the Gulf of America and off the west coast of North America. He also previously served as president of Sempra LNG, leading marketing and commercial development efforts across the company’s LNG portfolio. Cross-disciplined foundation for success Earlier in his career, Bird also held roles that helped build the cross-discipline foundation he brings to the CFO role. As director of project finance for Sempra, he led the successful $7 billion financing of the Cameron LNG liquefaction export terminal in Hackberry, Louisiana. In addition, he played a key role in helping structure and finance other major infrastructure investments across Sempra's portfolio. Previously, Bird also served as vice president, compliance and governance and corporate secretary for Sempra, where he directed ethics and compliance programs and served as chief governance officer and corporate secretary. In that role, he oversaw corporate governance activities, including shareholder engagement programs, and helped strengthen company-wide compliance and risk management processes. Bird joined Sempra in 2004 after working as an attorney at Latham & Watkins LLP, where he specialized in energy project development and finance. Bird holds a bachelor’s degree in accountancy from Arizona State University, where he graduated summa cum laude, and a law degree from the University of Pennsylvania, where he was a member of the school’s law review.
Sempra Advances Strategic Priorities with Key Leadership Appointments
SAN DIEGO, July 9, 2026 — Sempra (NYSE: SRE) today announced leadership appointments that mark another strategic milestone in advancing the company’s mission to build America’s leading utility growth business while bolstering leadership continuity and talent development. The appointments follow the company’s September 2025 announcement of its agreement to sell a 45% equity interest in Sempra Infrastructure Partners (Sempra Infrastructure), one of North America's leading energy infrastructure platforms, to affiliates of KKR. The company continues to expect the transaction to close in the third quarter of 2026, and Bob Patel was recently announced as the incoming chief executive officer of Sempra Infrastructure, effective upon close. Advancing Utility Growth Strategy with New Leadership Appointments With the closing of the referenced transaction, Karen Sedgwick, currently executive vice president and chief financial officer of Sempra, will become chief executive officer and president of the Southern California Gas Company (SoCalGas), bringing over 30 years of experience at the Sempra family of companies, including an established leadership background in utility practice and procedure, external and regulatory affairs, operations and safety, to lead the nation’s largest gas distribution utility. In addition, she will continue to serve on the board of directors of SoCalGas. Concurrently, Justin Bird, executive vice president of Sempra and chief executive officer of Sempra Infrastructure, will become executive vice president and chief financial officer of Sempra. Combined with his track record of value creation in the capital markets at the helm of Sempra Infrastructure, Bird has a strong, multi-disciplinary foundation for a successful transition into the CFO role. With more than 20 years of experience at Sempra, Bird has held leadership roles in treasury, financial planning, corporate development and legal, including five years of prior experience in commercial and project finance. In addition to his current oversight of Sempra’s corporate development program, Bird will also lead the company’s investor relations, treasury, financial planning, audit, insurance and tax functions. He will continue to serve on the boards of directors of Sempra Infrastructure and Oncor Electric Delivery Company LLC. The referenced leadership changes will become effective on or around the closing of the transaction, expected in the third quarter of 2026, subject to necessary regulatory and other approvals and closing conditions. “This is an exciting time for our company as we continue to advance the growth of our utility businesses. These appointments further our mission alignment and strengthen our ability to deliver long-term value for our stakeholders,” said Jeffrey W. Martin, chairman and chief executive officer of Sempra. “Our board has great confidence in both Karen and Justin and the leadership they will bring to their new roles. Karen is a proven leader who has touched all aspects of our California utilities over the last three decades and I am excited to see her take on the role of leading America’s largest natural gas distribution utility. I am also excited to partner with Justin as he broadens the scope of his financial and strategic responsibilities and extends his positive impact across the enterprise.” Sempra’s focus on developing and rotating leaders at all levels of the company has helped cultivate a mission-driven culture centered on the recognition that human capital is the most important corporate resource, as demonstrated by its recent inclusion on The Wall Street Journal's inaugural “Best Companies for the Future” list, where the company ranked among the top companies in America for leadership and talent readiness. Strengthening Financial Position and Funding Growth The pending transaction plays a central role in advancing Sempra’s strategic priorities by generating substantial cash proceeds and supporting disciplined capital allocation to concentrate the company’s investment strategy in regulated U.S. utility operations in Texas and California. Before adjustments, the $10 billion transaction announced in September 2025 implies an equity value of approximately $22.2 billion for Sempra Infrastructure. 1 Upon closing, affiliates of KKR will hold a 65% equity stake in Sempra Infrastructure, while Sempra will retain a 25% interest alongside an affiliate of Abu Dhabi Investment Authority’s existing 10% stake. The impact of the transaction, together with other elements of the company’s simplified business strategy, are expected to result in approximately 95% of Sempra’s earnings coming from regulated U.S. utilities in 2027, while also supporting the company’s goal of having more than 60% of its rate base located in Texas through the end of the decade. 2 These impacts also are expected to eliminate the need for common equity issuances in the company’s 2026-2030 base capital plan 3 and support execution of the company’s 2026 value creation initiatives, including efficiently sourcing capital for growth and deconsolidating Sempra Infrastructure’s debt from Sempra’s consolidated financials. About Sempra Sempra’s mission is to build America’s leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal’s Management Top 250 and Fortune’s World’s Most Admired Companies. More information about Sempra is available at sempra.com and on social media @sempra.

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Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC).