earnings
confidence high
sentiment positive
materiality 0.75
Sempra 2021 adj. EPS $8.43, boosts capital plan to record $36B, raises dividend 12th year
SOUTHERN CALIFORNIA GAS CO
- Full-year 2021 adjusted EPS $8.43 vs. $8.00 in 2020; GAAP EPS $4.01 vs. $12.88 (includes prior-year gain on South America sale).
- Increases five-year capital plan to a company-record $36 billion; reaffirms 2022 EPS guidance and issues 2023 guidance range.
- Raises annualized common stock dividend for the 12th consecutive year; announces long-term EPS growth target of 6-8%.
- Q4 2021 adjusted EPS $2.16 vs. $2.28 in Q4 2020; GAAP EPS $1.90 vs. $1.43.
- SoCalGas segment Q4 earnings $198M (vs. $79M Q4 2020); year earnings loss ($427M) due to $1.6B Aliso Canyon charges.