Highest-materiality recent filing
Sempra appoints Justin C. Bird as CFO; Sedgwick to lead SoCalGas
Justin C. Bird appointed EVP and CFO, effective around closing of Sempra Infrastructure stake sale (expected Q3 2026).
SDG&E requests $3,760M test-year revenue for 2028; attrition adjustments of $327M (8.7%) in 2029, $226M (5.5%) in 2030, $240M (5.6%) in 2031.
Sempra closes $1B floating-rate note offering due 2028, SOFR+0.670%
Issued $1B aggregate principal of Floating Rate Notes due Jan 7, 2028; net proceeds ~$998.5M after underwriting discount.
SoCalGas closes $650M public offering of 5.900% bonds due 2056
Issued $650M aggregate principal of 5.900% First Mortgage Bonds, Series FFF, due June 1, 2056.
Sempra shareholders re-elect all 11 directors, approve say-on-pay, reject independent chair proposal
All 11 director nominees elected with over 93% of votes cast; Jeffrey W. Martin received 96.12%.
SoCalGas issues $650M of 5.900% First Mortgage Bonds due 2056
$650M aggregate principal of 5.900% First Mortgage Bonds, Series FFF, due 2056.
Sempra Q1 GAAP EPS $1.58, up from $1.39; adjusted EPS $1.51 vs $1.44
GAAP net income of $1.037B vs $906M in Q1 2025; diluted shares 655M.
PUCT approves Oncor base rate settlement; annual revenue up $560M, ROE 9.75%
Oncor's annual revenue requirement set at ~$6.97B, an increase of ~$560M (8.7%).
SDG&E files unopposed FERC settlement raising base ROE to 10.28% from 10.10%
SDG&E files unopposed settlement in FERC TO6 rate proceeding; authorized base ROE increases from 10.10% to 10.28%.
SDG&E closes $1.1B debt offering in two tranches maturing 2036 and 2056
Issued $625M of 5.200% First Mortgage Bonds, Series DDDD, due March 15, 2036.
SDG&E issues $625M 5.200% bonds due 2036 and $475M 5.950% bonds due 2056
$625M of 5.200% First Mortgage Bonds, Series DDDD, due 2036 at 99.754% of par.
Sempra closes $800M offering of 5.250% Notes due 2036
Closed public offering of $800M aggregate principal of 5.250% Notes due March 15, 2036.
Sempra FY2025 adj. EPS $4.69 (+1%); raises 5-year capex to $65B
Full-year 2025 GAAP EPS $2.75, down from $4.42; adjusted EPS $4.69 vs $4.65.
Sempra's Oncor files $560M annual rate increase settlement with Texas PUCT; ROE set at 9.75%
Oncor stipulation seeks annual revenue requirement of ~$6.975B, an 8.8% increase over present revenues.
SoCalGas faces cross-claims from Edison in Eaton Fire litigation, plans to defend
Edison filed cross-claims against SoCalGas in Eaton Fire litigation on Jan 16, 2026.
CPUC SDG&E Track 2 PD triggers $471M charge; Sempra guides 2025 adj. EPS to high end
CPUC approved cost of capital FD with 5 bps higher ROE; other terms unchanged from Nov. 2025 PD.
CPUC proposes approving $1.04B of SDG&E wildfire costs; lowers ROE by 35 bps
CPUC PD approves $1,036M of SDG&E's $1,472M wildfire mitigation cost request, denies $193M O&M and $242M capital costs.
Sempra Q3 adjusted EPS $1.11 beats $0.89; GAAP EPS $0.12 on $514M tax items
GAAP EPS $0.12 vs $1.00; adjusted EPS $1.11 vs $0.89 in Q3 2024.
Sempra sells 45% of Sempra Infrastructure Partners to KKR for $9.99B, approves PA LNG Phase 2 FID
Sells 45% of Sempra Infrastructure Partners to KKR/CPPIB for $9.99B base purchase price, raising KKR stake to 65%.
California SB 254 signed on Sept. 19, 2025, adds up to $18 billion in liquidity via the Continuation Account for large electric IOUs like SDG&E.
Sempra closes $800M offering of 6.375% junior subordinated notes due 2056
Net proceeds ~$792M after underwriting discounts; intended to redeem all outstanding 4.875% Series C preferred stock subject to board approval.
Sempra Q2 GAAP EPS $0.71 vs $1.12 YoY; adjusted EPS flat at $0.89
GAAP net income $461M ($0.71/diluted share) vs $713M ($1.12) in Q2 2024; adjusted net income $583M ($0.89) vs $567M ($0.89).
Texas HB 5247 signed; Oncor (Sempra sub) UTM to improve ROE 50-100 bps
Texas HB 5247 signed June 20, 2025; establishes unified tracker mechanism (UTM) for qualified ERCOT electric utilities.
Sempra promotes Caroline Winn to EVP over California utilities; new CAO appointed
Caroline A. Winn promoted to EVP of Sempra overseeing SoCalGas and SDG&E; resigns as CEO of SDG&E but remains director and becomes non-executive chair of SDG&E board.
SoCalGas closes $1.1B bond offering: $600M 5.45% notes due 2035, $500M 6.00% notes due 2055
Southern California Gas issued $600M of 5.450% First Mortgage Bonds (Series DDD) due June 15, 2035.
Sempra shareholders elect all 11 directors, ratify auditor, approve say-on-pay
All 11 director nominees elected with 93.8% to 99.6% of votes cast.
Issued $600M of 5.450% Series DDD first mortgage bonds due 2035 at 99.542% of par.
Sempra Q1 2025 GAAP EPS $1.39, adjusted EPS $1.44, up vs $1.26/$1.34 YoY
GAAP earnings $906M ($1.39/diluted) vs $801M ($1.26) in Q1 2024, up 13%.
Sempra initiates sale of Ecogas and up to 30% of its Sempra Infrastructure stake
Board authorized sale of Ecogas (Mexican gas utility) and 15%-30% minority interest in Sempra Infrastructure Partners (SI).
SDG&E closes $850M offering of 5.400% First Mortgage Bonds due 2035
$850M aggregate principal of 5.400% First Mortgage Bonds, Series CCCC, due 2035.
SDG&E issues $850M of 5.400% First Mortgage Bonds due 2035
$850M aggregate principal amount, 5.400% coupon, maturity 2035.
Sempra reports FY 2024 adj. EPS $4.65; raises capex plan to $56B, ups EPS growth target to 7-9%
Full-year 2024 GAAP EPS $4.42, adj. EPS $4.65; Q4 adj. EPS $1.50 vs $1.13 YoY.
Sempra CEO Martin's mandatory retirement age extended from 65 to 67
Amended Severance Pay Agreement for CEO Jeffrey W. Martin effective Feb 20, 2025.
Sempra appoints Anya Weaving and Kevin Sagara to board effective March 1, 2025
Anya Weaving appointed to Audit and Compensation & Talent Development Committees; deemed independent and audit committee financial expert.
CPUC approves Sempra utilities' GRC rate increases; FERC triggers $120M charge
SDG&E 2024 revenue requirement $2,699M (+7.5% YoY); SoCalGas $3,806M (+9.3% YoY); attrition adjustments through 2027.
Sempra closes $1B junior subordinated notes offering; proceeds ~$990M
Issued $400M 6.625% Non-Call 5 2055 notes and $600M 6.550% Non-Call 10 2055 notes.
Sempra Q3 GAAP EPS $1.00, adj. EPS $0.89; revenue down 17% YoY to $2.78B
GAAP EPS $1.00 (vs $1.14); adjusted EPS $0.89 (vs $1.08); net income $638M, down from $721M.
Sempra EVP and Group President Trevor Mihalik to retire effective Jan 1, 2025
Trevor I. Mihalik will retire as Executive VP and Group President of Sempra effective Jan 1, 2025.
Director Bethany J. Mayer resigns from Sempra board effective Sept 5, 2024
Bethany J. Mayer resigned as a director of Sempra on September 5, 2024.
Sempra closes $1.25B offering of 6.400% junior subordinated notes due 2054
Closed public offering of $1.25B aggregate principal amount of 6.400% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054.
SoCalGas closes $600M offering of 5.050% First Mortgage Bonds due 2034
Aggregate principal $600M, 5.050% coupon, maturity September 1, 2034.
SoCalGas, Sempra subsidiary, issues $600M of 5.050% First Mortgage Bonds due 2034
The company agreed to issue $600M of 5.050% First Mortgage Bonds, Series CCC, due 2034.
Sempra Q2 GAAP EPS $1.12 vs $0.95 YoY; adjusted $0.89; Oncor $3B settlement
Q2 GAAP EPS $1.12 ($713M) vs $0.95 ($603M) YoY; adjusted EPS $0.89 ($567M) vs $0.94 ($594M).
Sempra appoints Jennifer M. Kirk to Board of Directors
Jennifer M. Kirk, age 49, appointed to Sempra's Board on June 19, 2024, effective June 20.
Sempra closes $500M add-on to 6.875% junior subordinated notes due 2054
Reopening of existing $600M notes brings total to $1.1B; notes due Oct 1, 2054.
All nine director nominees elected with at least 85.19% of votes cast; Michael N. Mears received 85.19%.
GAAP earnings $801M ($1.26/diluted) vs $969M ($1.53) in Q1 2023; adjusted earnings $854M ($1.34) vs $922M ($1.46).
SDG&E closes $600M offering of 5.550% First Mortgage Bonds due 2054
Issued $600M aggregate principal of 5.550% First Mortgage Bonds, Series BBBB, due April 15, 2054.
SDG&E issues $600M of 5.550% First Mortgage Bonds due 2054
Principal amount: $600M; coupon 5.550%; maturity 2054; public offering price 98.984%.
Southern California Gas closes $500M offering of 5.600% First Mortgage Bonds due 2054
Closed public offering of $500M aggregate principal of 5.600% First Mortgage Bonds, Series BBB, due April 1, 2054.
Mr. Bird will assume the Chief Financial Officer role from Karen L. Sedgwick, who has been appointed as the Chief Executive Officer and President of Southern California Gas Company, a subsidiary of Sempra, with an effective date concurrent with the effective date of Mr. Bird’s appointment as described above.
On July 6, 2026, the Board of Directors of Sempra appointed Justin C. Bird as Executive Vice President and Chief Financial Officer of Sempra, effective on a to-be-determined date on or around the closing of Sempra’s planned sale of a portion of its equity interest in Sempra Infrastructure Partners, LP, which is expected to occur in the third quarter of 2026.
resign as senior vice president, controller and chief accounting officer of Sempra
On June 21, 2025, the Sempra Board promoted Dyan Z. Wold, the current vice president, controller and chief accounting officer of Sempra’s subsidiary Sempra Infrastructure Partners, to the position of vice president, controller and chief accounting officer of Sempra.
be appointed as the non-executive chairman of the board of directors of SDG&E
as a director of SoCalGas
the SoCalGas Board appointed Ms. Winn to serve as a director of SoCalGas and the non-executive chairman and a member of the Compensation and Safety Committees of the SoCalGas Board.
On June 21, 2025, the Board of Directors of Sempra (the “Sempra Board”) promoted Caroline A. Winn to the position of executive vice president of Sempra overseeing Southern California Gas Company (“SoCalGas”) and San Diego Gas & Electric Company (“SDG&E”), Sempra’s California utility subsidiaries.
In connection with this promotion and these appointments, Ms. Winn will resign from her current role as the chief executive officer of SDG&E but continue to serve as a director and be appointed as the non-executive chairman of the board of directors of SDG&E
On February 8, 2025, Sempra’s Board of Directors (the “Board”) appointed Anya Weaving, age 48, and Kevin C. Sagara, age 63, to serve on the Board.
On February 8, 2025, Sempra’s Board of Directors (the “Board”) appointed Anya Weaving, age 48, and Kevin C. Sagara, age 63, to serve on the Board.
On September 10, 2024, Trevor I. Mihalik provided notice that he will retire as the Executive Vice President and Group President of Sempra and as the non-executive Chairman of the Board and a director of Southern California Gas Company, a subsidiary of Sempra, in each case effective January 1, 2025.
Max materiality 0.90 · Median 0.50 · Most common event debt