---
schema_version: "secwatch.filing_event.v1"
accession: "0000092108-23-000009"
form_type: "8-K"
ticker: "SOCGM"
cik: "0000092108"
company_name: "SOUTHERN CALIFORNIA GAS CO"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:51:56.621614+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sempra Q1 GAAP EPS $3.07 vs $1.93; issues 2024 guidance $9.10-$9.80

## Summary
- Sempra Q1 GAAP earnings $969M ($3.07 EPS) vs $612M ($1.93 EPS) YoY; adjusted EPS $2.92 flat.
- Issues FY2024 EPS guidance range $9.10-$9.80; five-year capital plan raised to $40B.
- Oncor base rate review finalized; Oncor's five-year capital plan increased by $4B.
- SoCalGas segment contributed $360M in Q1 earnings, up from $334M last year.
- Adjusted earnings exclude $217M net unrealized derivative gains and $109M foreign currency losses.

## SEC filing metadata
- accession: 0000092108-23-000009
- form_type: 8-K
- ticker: SOCGM
- cik: 0000092108
- company_name: SOUTHERN CALIFORNIA GAS CO
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92108/000009210823000009/0000092108-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92108/000009210823000009/socalgas-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092108-23-000009
- JSON: https://secwatch.observer/filing/0000092108-23-000009.json
- Plain text: https://secwatch.observer/filing/0000092108-23-000009.txt

## Key facts
- Earnings Releases
  SOUTHERN CALIFORNIA GAS CO reported first-quarter 2023 results: net income $969 million, EPS $3.07 per diluted share. Guidance initiated.
  - Period: first-quarter 2023
  - Net income: $969 million
  - EPS: $3.07 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Sempra (NYSE: SRE) (BMV: SRE) today announced first-quarter 2023 earnings of $969 million, or $3.07 per diluted share, compared to first-quarter 2022 earnings of $612 million, or $1.93 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/92108/000009210823000009/0000092108-23-000009-index.htm

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