Here are the 10-K annual reports from Sthn CAL Gas 6 PR (SOCGM) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow SOCGM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SOCGM filings page.
Sempra is a holding company built around regulated utilities in California and Texas, primarily SDG&E, SoCalGas and equity interests in Texas transmission utility Oncor. These businesses deliver electricity and natural gas to millions of customers through extensive transmission, distribution and storage networks.
The company is also active in LNG and cross‑border energy infrastructure through Sempra Infrastructure, which owns or participates in large projects such as Cameron LNG in Louisiana, ECA LNG in Baja California and the Port Arthur LNG projects in Texas. Many of these assets operate under long‑term, mostly U.S. dollar‑denominated contracts.
Sempra has agreed to sell a 45% equity interest in Sempra Infrastructure Partners to KKR‑led investors for $9.99 billion, which will leave Sempra with a 25% stake and deconsolidate the platform once the deal closes, targeted for 2026. It also agreed to sell Mexican gas utility Ecogas for 9.0 billion Mexican pesos (about $500 million), with closing expected in 2026.
Key risks highlighted include California wildfire liability, evolving climate and environmental policies, significant capital expenditure needs, regulatory decisions in the U.S. and Mexico, cyber and physical security threats, and execution and contract risks around major LNG and infrastructure projects.