Sempra Energy Stock Price, News & Analysis

Sempra Infrastructure announced that its Port Arthur LNG Phase 2 project received a crucial non-FTA export permit from the U.S. Department of Energy, allowing export of up to 13.5 million tonnes per annum (Mtpa) of LNG to countries without free-trade agreements with the U.S. The Phase 2 project, which received FERC authorization in September 2023, will include two liquefaction trains, potentially doubling the facility's total capacity to 26 Mtpa. In June 2024, Sempra signed a preliminary agreement with Aramco for LNG offtake and equity investment, and selected Bechtel for the EPC contract. Meanwhile, Phase 1 construction continues with expected commercial operations starting in 2027 for train 1 and 2028 for train 2.

Argan (NYSE: AGX) has appointed Lisa Larroque Alexander to its Board of Directors. Alexander currently serves as Senior Vice President at Sempra (NYSE: SRE), a major energy infrastructure company with a $43 billion market capitalization and 22,000 employees. At Sempra, she leads global corporate affairs and enterprise human resources, managing public policy, stakeholder engagement, talent development, pensions and trusts, corporate ethics, sustainability, and HR. Her extensive experience includes leadership roles in strategy, R&D, public policy, industrial customer operations, and service delivery. The appointment brings valuable energy sector expertise to Argan's board.

Sempra (NYSE: SRE) has announced a quarterly dividend declaration of $0.645 per share on its common stock. The dividend will be paid on July 15, 2025, to shareholders who are recorded as stockholders at the close of business on June 26, 2025. This dividend announcement demonstrates Sempra's commitment to providing regular returns to its shareholders.

Oncor Electric Delivery reported Q1 2025 net income of $181 million, down from $225 million in Q1 2024, primarily due to higher interest and depreciation expenses. Despite lower earnings, the company demonstrated strong operational growth, adding nearly 19,000 new premises and upgrading 800 circuit miles of transmission lines. The company saw a 35% year-over-year increase in transmission interconnection requests. Notably, Oncor's active interconnection queue includes 506 large commercial/industrial requests, comprising 22GW of industrial load and 156GW from data centers. The Public Utility Commission of Texas approved 765-kV transmission import paths in the Permian Basin, with ERCOT estimating the total project cost at $15 billion, of which Oncor expects to be responsible for over half. The company maintains strong liquidity of $3.8 billion as of May 7, 2025, and continues to execute its $7.1 billion 2025 capital plan.

Sempra (NYSE: SRE) reported strong Q1 2025 earnings with GAAP earnings of $906 million ($1.39 per share), up from $801 million ($1.26 per share) in Q1 2024. Adjusted earnings reached $942 million ($1.44 per share), compared to $854 million ($1.34 per share) in 2024.

The company's Texas subsidiary, Oncor, is executing a $36.1 billion five-year capital plan and saw a 35% increase in transmission interconnection requests. In California, SDGE received approval for a 100MW battery storage expansion, while SoCalGas secured its first renewable natural gas procurement contract.

Sempra updated its 2025 GAAP EPS guidance to $4.25-$4.65 and affirmed adjusted EPS guidance of $4.30-$4.70. The company announced plans to sell Ecogas México and a minority stake in Sempra Infrastructure Partners, expected to be completed within 12-18 months and accretive to earnings.

SoCalGas and the Los Angeles Dodgers Foundation hosted a major STEM mentorship event at SoCalGas' Energy Resource Center, bringing together 50 students from various LA programs including Brotherhood Crusade and Dodgers Dreamteam.

The event featured interactive sessions on engineering, sustainability, and STEM in sports, along with networking opportunities with industry professionals. Students toured North America's first clean hydrogen-powered microgrid and home model at the LEED-certified facility.

Over the past five years, SoCalGas has demonstrated strong commitment to STEM education by:

• Sponsoring over 100 STEM events
• Awarding scholarships
• Donating more than $2.5 million to workforce development organizations

The initiative aims to create pathways for local youth into STEM careers while supporting innovation in the energy sector through partnerships with educational institutions and organizations offering training, mentorship, and career advancement opportunities.

Oncor Electric Delivery Company, Texas's largest transmission and distribution system operator, announced it will release its first quarter 2025 results on May 8, 2025, before Sempra's (NYSE: SRE) Q1 earnings conference call.

The earnings release will be available on oncor.com, followed by Sempra's conference call at 12 p.m. ET, which will discuss Oncor's operational and financial results. Investors and interested parties can access the live webcast through Sempra's website, with presentation slides available before the call.

Oncor serves over 4 million homes and businesses and operates more than 144,000 circuit miles of transmission and distribution lines in Texas. The company is majority-owned by Sempra with Texas Transmission Investment as minority owner.

Sempra (NYSE: SRE) has announced it will release its first-quarter 2025 earnings on Thursday, May 8, 2025, at 8:00 a.m. ET. The company will host a conference call at 12:00 p.m. ET the same day, led by Chairman and CEO Jeffrey W. Martin, Executive Vice President and CFO Karen Sedgwick, and other senior leaders.

A live webcast of the conference call will be available to investors, media, analysts, and the public through registration on Sempra's Investors website. An earnings presentation will be published on the Investors site at 8:00 a.m. ET, and a replay of the webcast will be made available shortly after the call concludes.

SoCalGas (SOCGP) has announced its regular quarterly dividend declaration for preferred series stock. The company's board of directors has declared a dividend of $0.375 per share for Preferred Stock, Series A. The dividend will be paid on July 15, 2025, to shareholders who are on record as of June 10, 2025.