ONCOR TO RELEASE 2022 RESULTS FEBRUARY 28

Rhea-AI Summary

Oncor Electric Delivery Company LLC plans to announce its fourth quarter and year-end 2022 results on February 28, prior to Sempra's (NYSE: SRE) conference call. The earnings release will be accessible on Oncor's website. Following the announcement, Sempra executives will host a conference call at 12 p.m. ET on the same day to discuss Oncor's operational and financial results for the fourth quarter and the full year. A presentation will also be available. Oncor is the largest electricity distribution and transmission entity in Texas, serving over 3.8 million customers with over 140,000 miles of infrastructure.

Positive

• Oncor's results will be released on February 28, providing timely financial information for investors.
• Oncor operates the largest electricity distribution and transmission system in Texas, which could indicate a stable revenue stream.

Negative

• None.

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DALLAS, Feb. 6, 2023 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its fourth quarter and year end 2022 results on February 28, prior to Sempra's (NYSE: SRE) (BMV: SRE) fourth quarter and year end 2022 conference call. Oncor's earnings release will be available on Oncor's website, oncor.com.

Sempra executives will conduct a conference call at 12 p.m. ET, Tuesday, February 28 that will include discussion of Oncor's fourth quarter and year end 2022 operational and financial results. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on the Investors section of Sempra's website and clicking on the appropriate link. Prior to the conference call, an accompanying slide presentation will be posted on Sempra's Investors site.

For those unable to obtain access to the live webcast, it will be available on replay a few hours after its conclusion on Sempra's website.

Oncor's Annual Report on Form 10-K for the year ended December 31, 2022 will be filed with the U.S. Securities and Exchange Commission after Sempra's conference call and, once filed, will also be available at oncor.com. 

Headquartered in Dallas, Oncor Electric Delivery Company LLC is a regulated electricity distribution and transmission business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor (together with its subsidiaries) operates the largest distribution and transmission system in Texas, delivering power to more than 3.8 million homes and businesses and operating more than 140,000 miles of transmission and distribution lines in Texas. While Oncor is owned by two investors (indirect majority owner, Sempra, and minority owner, Texas Transmission Investment LLC), Oncor is managed by its Board of Directors, which is comprised of a majority of disinterested directors.

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SOURCE Oncor Electric Delivery Company, LLC

FAQ

When will Oncor release its 2022 results?

Oncor will release its fourth quarter and year-end 2022 results on February 28.

What time is Sempra's conference call on February 28?

Sempra's conference call to discuss Oncor's results is scheduled for 12 p.m. ET on February 28.

Where can I find Oncor's earnings release?

Oncor's earnings release will be available on their official website.

What significant information will the conference call cover?

The conference call will cover Oncor's operational and financial results for the fourth quarter and year-end 2022.

How many customers does Oncor serve?

Oncor delivers electricity to over 3.8 million homes and businesses in Texas.