Financial News

Oncor reaches settlement in principle on ~$3B System Resiliency Plan

SAN DIEGO, Aug. 6, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported second-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $713 million, or $1.12 per diluted share, compared to second-quarter 2023 GAAP earnings of $603 million, or $0.95 per diluted share. On an adjusted basis, the company's second-quarter 2024 earnings were $567 million, or $0.89 per diluted share, compared to $594 million, or $0.94 per diluted share in second-quarter 2023.

"At Sempra

SAN DIEGO, July 22, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its second-quarter 2024 earnings by 8 a.m. ET on Tuesday, August 6.

Jeffrey W. Martin, chairman and CEO, Karen Sedgwick, executive vice president and chief financial officer, and other senior leaders from across the company will host a conference call at 12 p.m. ET on Tuesday, August 6. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on the Investors section of the company's website and clicking on the appropriate link.

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DHAHRAN, Saudi Arabia, June 26, 2024 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, and Sempra (NYSE: SRE) (BMV: SRE), one of North America's leading energy infrastructure companies, today announce that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-year sale and purchase agreement (SPA) for liquefied natural gas (LNG) offtake of 5.0 million tonnes per annum (Mtpa) from the Port Arthur LNG Phase 2 expansion project. The HoA further contemplates Aramco's 25% participation in the project-level equity of

SAN DIEGO, June 21, 2024 /PRNewswire/ -- The Sempra Foundation, founded and solely funded by Sempra (NYSE: SRE) (BMV: SRE), today announced a charitable contribution to the American Red Cross to support the distribution of critical resources and services to those impacted by the South Fork and Salt fires in southern New Mexico.

"As part of its mission, the Sempra Foundation aims to improve community resilience in the face of increasing severe weather events," said Lisa Larroque Alexander, chair of the Sempra Foundation board of directors. "We are proud to support the Red Cross in delivering

SAN DIEGO, May 14, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its board of directors has declared a $0.62 per share quarterly dividend on the company's common stock, which is payable July 15, 2024, to common stock shareholders of record at the close of business on June 27, 2024.

About Sempra

Sempra (NYSE: SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the

• Reports $3B System Resiliency Plan Filed at Oncor
• Reaches FID on Cimarrón Wind Farm at Sempra Infrastructure

SAN DIEGO, May 7, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported first-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $801 million or $1.26 per diluted share, compared to first-quarter 2023 GAAP earnings of $969 million or $1.53 per diluted share. On an adjusted basis, first-quarter 2024 earnings were $854 million or $1.34 per diluted share, compared to $922 million, or $1.46 per diluted share in 2023.

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SAN DIEGO, April 25, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to Forbes Best Employers for Diversity in 2024, marking the sixth consecutive year the company has earned a spot on the annual list recognizing strong workforce development and employee engagement practices.

"At Sempra, we recognize that business performance starts with a high-performance culture — one that is anchored in safety, operational excellence and employee development – and continuously strengthened by the diversity of our employees' backgrounds and experiences," said Deborah Martin, vice

SAN DIEGO, April 19, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its first-quarter 2024 earnings by 8 a.m. ET on Tuesday, May 7.

Jeffrey W. Martin, chairman and CEO, Karen Sedgwick, executive vice president and chief financial officer, and other senior leaders from across the company will host a conference call at 12 p.m. ET on Tuesday, May 7. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on the Investors section of the company's website and clicking on the appropriate link.

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HOUSTON, March 14, 2024 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), announced today that it reached a positive final investment decision for the development, construction and operation of the Cimarron wind project, the third phase of the Energía Sierra Juarez (ESJ) wind complex.

The Cimarron wind project will total approximately 320 megawatts (MW) of wind capacity, and the project is fully contracted under a 20-year power purchase agreement to Silicon Valley Power for the long-term supply of renewable energy to the City of Santa Clara, California.