Welcome to our dedicated page for Sempra Energy SEC filings (Ticker: SRE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Company Overview
Sempra Energy is a diversified energy infrastructure company that delivers reliable natural gas and electricity services across key North American markets. With an established reputation for operational excellence and robust asset management, the company excels in providing essential energy services while upholding stringent safety and reliability standards. As a Fortune 500 entity, Sempra Energy operates through a portfolio of regulated utilities and specialized infrastructure segments that support one of the largest energy customer bases in the United States.
Regulated Utilities and Customer Services
Sempra Energy’s core utilities include major subsidiaries that distribute natural gas and electricity in high-demand regions. Its California-based utilities serve expansive consumer networks with a focus on safe, reliable, and increasingly renewable energy solutions. The company’s operational framework integrates advanced technologies and modernized transmission systems to maintain grid stability and efficiency, addressing both daily energy needs and emergency-response scenarios.
Energy Infrastructure and Transmission
Another significant facet of Sempra Energy is its infrastructure operations, which include transmission and distribution networks that are vital for ensuring continuous energy delivery in rapidly growing markets. By managing and investing in extensive electric grid modernization projects and natural gas pipelines, Sempra demonstrates its commitment to maintaining resilient and adaptive infrastructure. Its initiatives span from traditional energy systems to innovative projects that explore alternative storage techniques and advanced grid management, thereby underpinning its status as a long-term asset in the energy sector.
Market Position and Business Model
Positioned at the intersection of regulated utilities and energy infrastructure development, Sempra Energy leverages its broad asset base and operational scale to compete in diverse energy markets. The company generates revenue primarily through the regulated distribution of natural gas and electricity, along with investments in energy infrastructure projects that facilitate regional and international energy connectivity. This diversified business model allows Sempra to balance the steady cash flow from regulated utilities with growth opportunities in large-scale infrastructure projects.
Commitment to Innovation and Community
Sempra Energy is recognized for its strategic investments in technology and modernization that ensure reliable service and support market evolution. Its systematic approach to grid resiliency, asset management, and cross-border energy integration reflects an in-depth understanding of current energy trends and challenges. Furthermore, the company is actively engaged in community initiatives, demonstrating a commitment to supporting consumer needs and public safety while promoting modern energy solutions that enhance societal well-being.
Operational Excellence and Strategic Insights
With a well-organized operational structure, Sempra Energy utilizes a network of regulated subsidiaries and infrastructure development units to deliver energy services effectively. Its expertise in managing large-scale projects, navigating complex regulatory environments, and employing advanced asset management practices underscores the depth of its industry experience. Sempra Energy’s approach to easing systemic challenges—such as grid modernization and sustainable energy integration—positions the company as a knowledgeable resource in the energy market.
Conclusion
In summary, Sempra Energy stands as a pivotal player in the energy infrastructure sector, blending traditional regulated utility operations with innovative infrastructure projects. The company’s comprehensive business model, spanning from natural gas and electricity distribution to advanced transmission and innovative energy storage solutions, demonstrates its commitment to reliability, safety, and long-term operational excellence. For investors and industry observers, understanding Sempra Energy’s multifaceted approach offers key insights into the mechanisms that drive the modern energy landscape.
Sempra announced significant leadership changes effective July 5, 2025. Caroline A. Winn has been promoted to executive vice president of Sempra, overseeing SoCalGas and SDG&E. She will step down as SDG&E's CEO but remain as non-executive chairman of SDG&E's board while also joining SoCalGas's board as non-executive chairman.
Key Personnel Changes:
- Peter R. Wall will resign as senior VP, controller and chief accounting officer of Sempra and SoCalGas director
- Dyan Z. Wold (age 50) promoted to VP, controller and chief accounting officer of Sempra with an annual salary of $365,000
- Karen L. Sedgwick will continue serving as director for both SoCalGas and SDG&E
Wold brings nearly 20 years of experience with Sempra companies, previously serving as VP and controller at Sempra Infrastructure Partners since 2021 and chief accounting officer since September 2023. She will receive executive benefits comparable to similarly situated officers at Sempra.
Sempra (SRE) announced a significant regulatory development in Texas through House Bill 5247, which introduces the "unified tracker mechanism" (UTM) for electric utilities. The law, effective June 20, 2025, creates an alternative method for qualifying utilities to recover transmission and distribution (T&D) capital expenditures through 2035.
Key impacts include:
- Oncor Electric Delivery Company (80.25% owned by Sempra) expects to qualify for UTM
- The mechanism is projected to improve Oncor's earnings by 50-100 basis points in annual return on equity
- Oncor plans its first UTM filing in H1 2026 to recover costs for eligible T&D investments placed into service after December 31, 2024
- The company will begin recognizing accrued revenues and regulatory assets immediately for eligible investments
Sempra affirmed that the UTM's financial impact falls within previously announced 2025 and 2026 EPS guidance ranges. This regulatory change represents a significant improvement in Oncor's ability to recover capital investments more efficiently through a comprehensive annual filing process.