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STHN CAL GAS 6 PR 8-K Filings

SOCGM OTC

Every 8-K that STHN CAL GAS 6 PR (SOCGM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, 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.

Rhea-AI Summary

SOUTHERN CALIFORNIA GAS CO (SOCGM), an indirect subsidiary of Sempra, completed a previously announced public offering of $500,000,000 aggregate principal amount of its 5.500% First Mortgage Bonds, Series GGG, due 2036. The company received proceeds of 98.755% of the aggregate principal amount, after underwriting discounts and before estimated offering expenses of approximately $1.1 million.

The bonds were issued under an effective Form S-3 shelf registration and a Supplemental Indenture dated August 21, 2026. The bonds mature on September 1, 2036 and bear interest at 5.500% per annum, payable semiannually in arrears on March 1 and September 1, beginning March 1, 2027. The bonds are redeemable at the company’s option prior to maturity at the redemption prices described in the bond form.

Rhea-AI Summary

SOUTHERN CALIFORNIA GAS CO (SOCGM), an indirect subsidiary of Sempra, reported that on August 17, 2026 it entered into an underwriting agreement with a syndicate of underwriters led by Barclays Capital Inc., Credit Agricole Securities (USA) Inc., MUFG Securities Americas Inc. and TD Securities (USA) LLC.

Under this agreement, Southern California Gas Company agreed to issue and sell $500,000,000 aggregate principal amount of its 5.500% First Mortgage Bonds, Series GGG, due 2036 to the underwriters for resale in a registered public offering at a public offering price of 99.405% of the aggregate principal amount. The bonds are being offered pursuant to an effective shelf registration statement on Form S-3 using a prospectus supplement and related prospectus.

Rhea-AI Summary

On August 6, 2026, shareholders of Southern California Gas Company approved a Restated Charter that will retire all outstanding shares of its 6% Preferred Stock and 6% Preferred Stock, Series A. Each share will be automatically retired in exchange for a cash payment of $31.135616 per share, representing $31.00 plus accrued and unpaid dividends to but excluding the August 17, 2026 retirement date, and the authorized shares of both preferred classes will be reduced to zero.

The company plans to voluntarily delist both preferred series from the OTC Markets quotation system at or around the close of business on August 13, 2026. The Restated Charter received majority approval from common, Preferred, and Series A Preferred shareholders, voting both together as a single class and as separate classes.

Rhea-AI Summary

Southern California Gas Company is overhauling its leadership team. The board appointed Karen L. Sedgwick as Chief Executive Officer and President, expected to take effect in the third quarter of 2026, with compensation aligned to her current Sempra CFO role and relocation support.

Ross W. Turrini will become Chief Operating Officer effective August 10, 2026, with a $500,000 salary, targeted bonuses, a one-time $500,000 restricted stock unit award and retention and relocation payments. Elvia Lima Ortiz will become Vice President, Chief Accounting Officer, Controller and Assistant Treasurer on July 10, 2026, succeeding Sara P. Mijares, who will receive severance benefits and a $315,000 cash payment related to forfeited equity awards.

Rhea-AI Summary

Sempra’s California utilities, San Diego Gas & Electric (SDG&E) and Southern California Gas Company (SoCalGas), have filed 2028 General Rate Case applications with the California Public Utilities Commission. These filings request approval of new revenue requirements intended to cover operating costs and support capital investments.

For the 2028 test year, SDG&E is requesting $3,760 million in revenue, while SoCalGas is requesting $5,096 million. The applications also propose attrition-year adjustments for 2029 through 2031. All amounts remain subject to CPUC review, and the final decision may differ materially from these requests. Sempra also announced it will use its online “Corporate updates” page as a regular channel for investor disclosures under Regulation FD.

Rhea-AI Summary

Southern California Gas Company, an indirect subsidiary of Sempra, closed a public offering of $650,000,000 aggregate principal amount of 5.900% First Mortgage Bonds, Series FFF, due June 1, 2056. The company received proceeds of 98.661% of the aggregate principal amount, before approximately $1.4 million of other offering expenses.

The bonds bear interest at 5.900% per annum, accruing from May 15, 2026, with payments due semiannually on June 1 and December 1, starting December 1, 2026. The bonds are redeemable at the company’s option at the redemption prices described in the supplemental indenture, which, along with the form of bond, is filed as an exhibit.

Rhea-AI Summary

Southern California Gas Company reported the results of its 2026 Annual Shareholders Meeting held on May 14, 2026. Shareholders elected all four director nominees — Diana L. Day, Lisa Larroque Alexander, Karen L. Sedgwick, and Caroline A. Winn — each receiving 91,350,970 votes in favor with no votes against, abstentions, or broker non-votes.

Shareholders also approved, on an advisory basis, the Company’s executive compensation, with 91,350,970 votes for and no votes against, abstentions, or broker non-votes. These results show unified shareholder support for the board slate and current executive pay program.

Rhea-AI Summary

Southern California Gas Company, an indirect subsidiary of Sempra, has agreed to issue and sell $650,000,000 aggregate principal amount of its 5.900% First Mortgage Bonds, Series FFF, due 2056. The bonds will be sold to an underwriting syndicate for resale at a public offering price of 99.536% of their aggregate principal amount under an effective shelf registration on Form S-3. The transaction is governed by an underwriting agreement dated May 11, 2026, with BNP Paribas Securities Corp., CIBC World Markets Corp., Mizuho Securities USA LLC and Wells Fargo Securities, LLC as representatives of the underwriters.

Rhea-AI Summary

Sempra reported stronger first-quarter 2026 results, with GAAP earnings rising to $1.04 billion and diluted EPS of $1.58, up from $906 million and $1.39 a year earlier. Adjusted earnings were $991 million, or $1.51 per diluted share, compared with $942 million and $1.44 in 2025.

Total revenues were $3.66 billion versus $3.80 billion last year, as lower natural gas revenue offset higher electric and energy-related sales. The company invested about $3.3 billion in first‑quarter capital expenditures and investments as part of its $64.9 billion 2026‑2030 capital plan.

Sempra updated its full‑year 2026 GAAP EPS guidance to $4.87–$5.37, affirmed its 2026 adjusted EPS guidance of $4.80–$5.30, its 2027 EPS range of $5.10–$5.70, and a projected long‑term EPS growth rate of 7%–9%.

Rhea-AI Summary

Southern California Gas Company appointed Rodger R. SchweckeApril 18, 2026, while he continues serving as chief operating officer until his planned retirement on October 1, 2026. Schwecke, age 65, has held senior roles at SoCalGas and other Sempra companies for over 44 years.

Maryam S. Brown will resign as chief executive officer, president, and board member, effective April 17, 2026. In connection with his interim appointment, Schwecke will receive a $150,000 cash lump sum on September 30, 2026, contingent on continued employment through that date.

Rhea-AI Summary

Southern California Gas Company reports that its chief operating officer, Rodger R. Schwecke, has notified the company he will retire from his position. He plans to step down effective August 1, 2026 after more than 44 years with the Sempra family of companies.

This marks a planned leadership transition at the utility subsidiary of Sempra, with several months of notice to manage succession and operational continuity.

Rhea-AI Summary

Sempra reported full-year 2025 GAAP earnings of $1.80 billion, or $2.75 per diluted share, down from $2.82 billion, or $4.42 per share in 2024, largely reflecting regulatory disallowances, tax items and foreign currency impacts. On an adjusted basis, 2025 earnings rose to $3.07 billion, or $4.69 per share, compared with $2.97 billion, or $4.65 per share, as total revenues edged up to $13.70 billion from $13.19 billion.

Fourth-quarter 2025 GAAP earnings were $352 million, or $0.54 per share, versus $665 million, or $1.04, while adjusted earnings were $841 million, or $1.28, versus $960 million, or $1.50. The company highlighted about $13 billion of 2025 infrastructure investment and a larger, record five-year 2026–2030 capital plan of roughly $65 billion, up from $55.5 billion for 2025–2029.

Sempra affirmed its 2026 adjusted EPS guidance of $4.80–$5.30, introduced 2027 guidance of $5.10–$5.70, and provided a 2030 EPS outlook of $6.70–$7.50. The board increased the annualized common dividend to $2.63 per share, from $2.58 in 2025.

Rhea-AI Summary

Sempra and its subsidiary Southern California Gas Company filed a current report to furnish a media statement issued by SoCalGas on January 21, 2026, which is attached as Exhibit 99.1. The companies clarify that this media statement and the related disclosure are provided under Regulation FD and are not considered filed for liability purposes or incorporated by reference into other Sempra filings.

The report also includes an extensive caution about forward-looking statements, explaining that statements about expectations, plans, projections and similar topics are subject to significant risks and uncertainties. It lists a wide range of potential risk factors, including wildfire-related liabilities in California, regulatory decisions, capital needs, changing laws and climate policies, cybersecurity threats, and operational disruptions. The filing notes that actual results may differ materially from these statements and that Sempra has no obligation to update them.

Rhea-AI Summary

Southern California Gas Company announced several senior leadership changes aligned with Sempra’s shared officer model for SoCalGas and San Diego Gas & Electric. Effective January 31, 2026, Valerie A. Bille, currently Senior Vice President and Chief Financial Officer of SDG&E, will also become Senior Vice President and Chief Financial Officer of SoCalGas, while retaining her SDG&E CFO role. Her annual base salary will increase to $430,000, her performance-based cash bonus target will remain at 50% of base salary, and the target value of her long-term equity-based incentive awards is expected to remain at 120% of base salary, with eligibility for executive benefits similar to other SoCalGas officers.

David J. Barrett will resign as Senior Vice President and General Counsel of SoCalGas to become Senior Vice President and Deputy General Counsel of Litigation and Regulatory for Sempra, and Robert J. Borthwick, currently Sempra’s Chief Risk Officer, will become Senior Vice President and General Counsel for both SoCalGas and SDG&E. Mia L. DeMontigny will resign as Senior Vice President, Chief Financial Officer and Treasurer of SoCalGas.

Rhea-AI Summary

Sempra and its utilities detail key California regulatory outcomes and update earnings guidance. The California Public Utilities Commission approved a final Cost of Capital decision for San Diego Gas & Electric and Southern California Gas that modestly improves the original proposal by increasing the authorized return on equity by 5 basis points, while leaving other elements unchanged.

Separately, a proposed decision in SDG&E’s 2024 General Rate Case Track 2 is expected to lead to an estimated $471 million after-tax charge to Sempra and SDG&E’s fourth-quarter 2025 earnings, with $34 million tied to the first three quarters of 2025 and $437 million to 2019–2024. Reflecting this, Sempra now guides to the high end of its 2025 adjusted EPS range of $4.30–$4.70 and updates its 2025 GAAP EPS guidance to $2.38–$2.78, while affirming its 2026 adjusted EPS guidance of $4.80–$5.30.