Sempra operates as an energy-services holding company in the United States and internationally. The company's San Diego Gas & Electric Company segment generates, transmits, and distributes electricity; and supplies natural gas. It offers electric services to approximately 3.7 million population and natural gas services to approximately 3.4 million population that covers 4,100 square miles. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas to a population of approximately 22 million covering an area of 24,000 square miles. The company's Sempra Texas Utilities segment engages in the regulated transmission and distribution of electricity serving 3.7 million homes and businesses, and operation of 139,000 miles of transmission and distribution lines. Its transmission system includes 18,127 circuit miles of transmission lines, 336 transmission stations, and 806 distribution substations; distribution system comprises 121,129 miles of overhead and underground lines; and 63 miles of electric transmission lines. The company's Sempra Mexico segment develops, owns, operates, or holds interests in natural gas, electric, LNG, LPG, ethane, and liquid fuels infrastructure; purchases LNG; purchases and sells natural gas; and operates natural-gas-fired, and wind and solar power generation facilities. Its assets/facilities consist of 1,850 miles of natural gas transmission pipelines, 15 compressor stations, and 139 miles of ethane pipelines; and 2,729 miles of natural gas distribution pipelines. Its Sempra LNG segment develops and builds natural gas liquefaction export facilities; holds an interest in a facility for the export of LNG; owns and operates natural gas pipelines; and buys, sells, and transports natural gas. The company was formerly known as Sempra Energy and changed its name to Sempra in July 2021. Sempra was founded in 1998 and is headquartered in San Diego, California.
IPO Year:
Exchange: NYSE
Website: sempra.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/9/2025 | $93.00 → $70.00 | Neutral | Citigroup |
3/18/2025 | Buy → Hold | Argus | |
3/3/2025 | $96.00 → $77.00 | Buy → Hold | Jefferies |
2/27/2025 | $95.00 → $72.00 | Overweight → Equal Weight | Barclays |
2/26/2025 | $95.00 → $78.00 | Buy → Neutral | UBS |
2/26/2025 | $99.00 → $76.00 | Buy → Neutral | Goldman |
12/13/2024 | $85.00 → $98.00 | Equal-Weight → Overweight | Morgan Stanley |
10/24/2024 | $98.00 | Buy | Jefferies |
9/12/2024 | $94.00 | Buy | BofA Securities |
1/11/2024 | $76.00 → $84.00 | Market Perform → Outperform | BMO Capital Markets |
SAN DIEGO, June 17, 2025 /PRNewswire/ -- San Diego Gas & Electric (SDGE) is combining hooves-on-the-ground innovation with digital storytelling by launching a new Instagram account, @thegoatsdge, to spotlight its wildfire prevention efforts, just as 300 goats paraded through a San Diego neighborhood to their next grazing site. The event, which drew enthusiastic community support, is part of SDGE's broader wildfire mitigation strategy, using goats to clear flammable vegetation from transmission corridors while now also engaging the public year-round through a novel, behind-the-scenes social media platform.
HOUSTON, June 11, 2025 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE:SRE), today announced it has executed a non-binding heads of agreement (HOA) with JERA Co. Inc (JERA) for a 20-year sale and purchase agreement for liquefied natural gas (LNG) offtake of 1.5 million tonnes per annum (Mtpa) on a free on board basis from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas. "We are pleased to collaborate with JERA, Japan's largest power generation company and one of the world's largest LNG buyers, as they continue to work with the United States to diversify their sources to help strengthen the resilience and dependability of their energy supply," sa
HOUSTON, May 29, 2025 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE:SRE), today announced that the U.S. Department of Energy (DOE) issued a permit to the Port Arthur LNG Phase 2 development project to allow the export of up to approximately 13.5 million tonnes per annum (Mtpa) of U.S.-produced liquefied natural gas (LNG) to countries that do not have a free-trade agreement (FTA) with the U.S. The non-FTA permit, which is the first issued since the completion of the DOE's most recent public interest study, is a major regulatory milestone for the proposed Port Arthur LNG Phase 2 project, which could be a part of helping to narrow the U.S. trade deficit, support the energy
HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the "Company" or "KYN") announced today the appointments of Holli C. Ladhani and Michael N. Mears as independent directors of the Company, effective immediately. Following the retirements of Anne K. Costin and Albert L. Richey earlier this year, the appointments of Ms. Ladhani and Mr. Mears return the Company's Board to eight members, seven of whom are independent. Holli C. Ladhani is an experienced executive and board director in the energy, chemicals, power, and infrastructure sectors. Ms. Ladhani most recently served as President, Chief Executive Officer, and a member of the board of directors of
SAN DIEGO, May 15, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) today announced that its board of directors has declared a $0.645 per share quarterly dividend on the company's common stock, which is payable July 15, 2025, to common stock shareholders of record at the close of business on June 26, 2025. About SempraSempra 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 world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is reco
DALLAS, May 8, 2025 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported net income of $181 million for the three months ended March 31, 2025, compared to net income of $225 million for the three months ended March 31, 2024. The decrease in net income of $44 million was driven by higher interest expense and depreciation expense associated with increases in invested capital and higher operation and maintenance expenses, partially offset by higher revenues primarily attributable to updated interim rates to reflect increases in invested capital, higher customer consumption primarily attributable to weather, and customer growth. Financial and operational results are provi
SAN DIEGO, May 8, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) today reported first-quarter 2025 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $906 million or $1.39 per diluted share, compared to first-quarter 2024 GAAP earnings of $801 million or $1.26 per diluted share. On an adjusted basis, first-quarter 2025 earnings were $942 million or $1.44 per diluted share, compared to $854 million or $1.34 per diluted share in 2024. "We are pleased to report a solid quarter for Sempra, which is the direct result of continued focus on delivering strong financial performance while making steady progress on our strategic initiatives," said Jeffrey W. Martin, cha
Media assets here LOS ANGELES, April 30, 2025 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and the Los Angeles Dodgers Foundation (LADF) hosted an inspiring STEM event today at SoCalGas' Energy Resource Center (ERC), welcoming students from the Brotherhood Crusade, Kollab Youth Workforce Development Program, and Dodgers Dreamteam participants. The event brought together 50 students from across the Los Angeles area to learn about the exciting opportunities in science, technology, engineering, and mathematics (STEM). Students engaged in a variety of sessions, including breakout modules on the life of an engineer, sustainability, and the application of STEM in sports. These sessions o
DALLAS, April 22, 2025 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its first quarter 2025 results on May 8, prior to Sempra's (NYSE:SRE) (BMV:SRE) first quarter 2025 results conference call. Oncor's earnings release will be available on Oncor's website, oncor.com. Sempra executives will host a conference call at 12 p.m. ET on Thursday, May 8 that will include discussion of Oncor's first quarter 2025 operational and financial results. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering o
SAN DIEGO, April 21, 2025 /PRNewswire/ -- Sempra (NYSE:SRE) plans to release its first-quarter 2025 earnings by 8 a.m. ET on Thursday, May 8. 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 Thursday, May 8. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on Sempra's Investors site, part of the company's website, and clicking on the appropriate link. An accompanying slide presentation detailing the earnings results will be published to the Investors site by 8 a.m. ET on Thursday, May