---
schema_version: "secwatch.filing_event.v1"
accession: "0000092108-22-000009"
form_type: "8-K"
ticker: "SOCGM"
cik: "0000092108"
company_name: "SOUTHERN CALIFORNIA GAS CO"
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-26T00:15:35.803019+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sempra Q1 GAAP EPS drops to $1.93 from $2.87; adjusted EPS $2.91 vs $2.95

## Summary
- GAAP net income $612M ($1.93/diluted share) vs $874M ($2.87) in Q1 2021; revenue $3.82B up 17%.
- Adjusted net income $924M ($2.91/diluted share) vs $900M ($2.95); flat on higher diluted share count of 317M vs 308M.
- Aliso Canyon litigation charge of $66M after tax from settlement of four of five property developer claims.
- Deferred tax expense of $120M booked due to change in indefinite reinvestment assertion related to pending sale of non-controlling interest to ADIA.
- SoCalGas segment earnings $334M vs $407M; revenues rose 32% to $1.99B.

## SEC filing metadata
- accession: 0000092108-22-000009
- form_type: 8-K
- ticker: SOCGM
- cik: 0000092108
- company_name: SOUTHERN CALIFORNIA GAS CO
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92108/000009210822000009/0000092108-22-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92108/000009210822000009/socalgas-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092108-22-000009
- JSON: https://secwatch.observer/filing/0000092108-22-000009.json
- Plain text: https://secwatch.observer/filing/0000092108-22-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.