Duyuru • Apr 21
Sempra to Report Q1, 2026 Results on May 07, 2026 Sempra announced that they will report Q1, 2026 results at 8:00 AM, US Eastern Standard Time on May 07, 2026 Duyuru • Mar 30
Sempra, Annual General Meeting, May 12, 2026 Sempra, Annual General Meeting, May 12, 2026. Declared Dividend • Mar 02
Fourth quarter dividend of US$0.66 announced Shareholders will receive a dividend of US$0.66. Ex-date: 19th March 2026 Payment date: 15th April 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 4.2% to bring the payout ratio under control. EPS is expected to grow by 54% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. New Risk • Feb 27
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 93% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (13% net profit margin). Significant insider selling over the past 3 months (€4.0m sold). Reported Earnings • Feb 27
Full year 2025 earnings released: EPS: US$2.77 (vs US$4.45 in FY 2024) Full year 2025 results: EPS: US$2.77 (down from US$4.45 in FY 2024). Revenue: US$13.7b (up 3.9% from FY 2024). Net income: US$1.81b (down 36% from FY 2024). Profit margin: 13% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • Feb 10
Sempra to Report Q4, 2025 Results on Feb 26, 2026 Sempra announced that they will report Q4, 2025 results at 8:00 AM, US Eastern Standard Time on Feb 26, 2026 Duyuru • Jan 12
Sempra Announces Appointment of David J. Barrett as Senior Vice President and Deputy General Counsel of Litigation and Regulatory, Effective January 31, 2026 On January 8, 2026, Sempra announced that David J. Barrett was appointed as Senior Vice President and Deputy General Counsel of Litigation and Regulatory for Sempra. He resigned as Senior Vice President and General Counsel for SoCalGas. All of the foregoing actions will be effective January 31, 2026. Recent Insider Transactions • Jan 08
Chairman recently sold €4.0m worth of stock On the 5th of January, Jeffrey Martin sold around 53k shares on-market at roughly €75.49 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by €8.0m. Upcoming Dividend • Dec 05
Upcoming dividend of US$0.65 per share Eligible shareholders must have bought the stock before 11 December 2025. Payment date: 15 January 2026. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.6%). New Risk • Nov 26
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.5m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (15% net profit margin). Significant insider selling over the past 3 months (€1.5m sold). Recent Insider Transactions • Nov 24
Executive Vice President recently sold €476k worth of stock On the 19th of November, Caroline Winn sold around 6k shares on-market at roughly €79.39 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.1m more than they bought in the last 12 months. Declared Dividend • Nov 10
Third quarter dividend of US$0.65 announced Shareholders will receive a dividend of US$0.65. Ex-date: 11th December 2025 Payment date: 15th January 2026 Dividend yield will be 3.1%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Nov 07
Sempra Declares Quarterly Dividend, Payable January 15, 2026 Sempra announced that its board of directors has declared a $0.645 per share quarterly dividend on the company's common stock, which is payable Jan. 15, 2026, to common stock shareholders of record at the close of business on Dec. 11, 2025. New Risk • Nov 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 15% Last year net profit margin: 22% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (15% net profit margin). Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: US$0.12 (vs US$1.01 in 3Q 2024) Third quarter 2025 results: EPS: US$0.12 (down from US$1.01 in 3Q 2024). Revenue: US$3.15b (up 14% from 3Q 2024). Net income: US$77.0m (down 88% from 3Q 2024). Profit margin: 2.4% (down from 23% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Duyuru • Nov 05
Sempra Updates Earnings Guidance for the Full Year 2025 Sempra Updated Earnings Guidance for the Full Year 2025. for the Year, (Eps) Guidance Range of $3.05 To $3.45,. The Company Is Also Affirming Its Guidance to the High-End or Above Its Projected Long-Term Eps Compound Annual Growth Rate of 7% to 9% for 2025 Through 2029. Buy Or Sell Opportunity • Oct 21
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at €79.04. The fair value is estimated to be €65.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Duyuru • Oct 16
Sempra to Report Q3, 2025 Results on Nov 05, 2025 Sempra announced that they will report Q3, 2025 results at 8:00 AM, US Eastern Standard Time on Nov 05, 2025 Declared Dividend • Sep 22
Second quarter dividend of US$0.65 announced Shareholders will receive a dividend of US$0.65. Ex-date: 1st October 2025 Payment date: 15th October 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Sep 18
Sempra Declares Common Dividend, Payable on October 15, 2025 Sempra announced that its board of directors has declared a $0.645 per share quarterly dividend on the company's common stock, which is payable October 15, 2025, to common stock shareholders of record at the close of business on October 1, 2025. Duyuru • Jun 21
Sempra Appoints Jennifer M. Kirk to Board of Directors Sempra announced the appointment of Jennifer M. Kirk to the company's board of directors effective June 20, 2024. Kirk is currently the global controller and chief accounting officer of Medtronic plc and has deep executive experience in finance, accounting and capital market activities, including more than 20 years in the energy industry. Before joining Medtronic, Kirk, 49, worked at Occidental Petroleum Corporation for more than two decades, serving in roles of increasing responsibility, including senior vice president of integration and value capture, and vice president, controller and principal accounting officer. Kirk serves on the board of directors of Republic Services, where she is chair of the audit committee. She holds a bachelor's degree in economics from UC Santa Barbara and a master's degree in business administration from California State University, Bakersfield. With the appointment of Kirk, Sempra will have 10 directors with three having been newly elected over the past five years, reflecting the company's commitment to periodic board refreshment to ensure fresh and diverse perspectives are present in the boardroom. Kirk will serve on the board's audit committee and the safety, sustainability and technology committee. Duyuru • May 15
Sempra Declares Common Dividend, Payable July 15, 2024 Sempra announced that its board of directors has declared a $0.62 per share quarterly dividend on the company's common stock, which is payable July 15, 2024, to common stock shareholders of record at the close of business on June 27, 2024. Duyuru • May 08
Sempra Energy Updates Earnings Guidance for the Full-Year 2024 and Affirms Earning Guidance for the Full-Year 2025 Sempra Energy updated earnings guidance for the Full-Year 2024 and affirmed earning guidance for the full-year 2025. For its full-year 2024 GAAP earnings per common share (EPS) guidance range of $4.52 to $4.82. For the full-year 2025 EPS guidance range of $4.90to $5.25. The company is also affirming its projected long-term EPS growth rate of 6% to 8%. Duyuru • Apr 21
Sempra to Report Q1, 2024 Results on May 07, 2024 Sempra announced that they will report Q1, 2024 results at 8:00 AM, US Eastern Standard Time on May 07, 2024 Duyuru • Mar 26
Sempra, Annual General Meeting, May 09, 2024 Sempra, Annual General Meeting, May 09, 2024, at 09:00 Pacific Standard Time. Agenda: To consider election of the nine director nominees named in the accompanying proxy statement; to consider ratification of appointment of independent registered public accounting firm; and to discuss other matters. Duyuru • Jan 30
Sempra to Report Q4, 2023 Results on Feb 27, 2024 Sempra announced that they will report Q4, 2023 results at 7:00 AM, Eastern Standard Time on Feb 27, 2024 Duyuru • Nov 15
Sempra Declares Quarterly Common Dividend, Payable on January 15, 2024 Sempra declared a $0.595 per share quarterly dividend on the company's common stock, which is payable Jan. 15, 2024, to common stock shareholders of record at the close of business on Dec. 6, 2023. Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: US$1.14 (vs US$0.77 in 3Q 2022) Third quarter 2023 results: EPS: US$1.14 (up from US$0.77 in 3Q 2022). Revenue: US$3.33b (down 7.8% from 3Q 2022). Net income: US$721.0m (up 49% from 3Q 2022). Profit margin: 22% (up from 13% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.7% decline forecast for the Integrated Utilities industry in Europe. Duyuru • Nov 04
Sempra Re-Affirms Earnings Guidance for the Year 2023 Sempra re-affirmed earnings guidance for the year 2023. The company is updating its full-year 2023 GAAP EPS guidance range to $4.44 to $4.74. As a result of the company's strong execution and financial results in the first nine months of the year, the company expects to be at or above the high-end of its full-year 2023 adjusted EPS guidance range of $4.30 to $4.60. The company also is affirming its full-year 2024 EPS guidance range of $4.55 to $4.90 and affirming its projected long-term EPS growth rate of 6% to 8%. Duyuru • Oct 18
Sempra to Report Q3, 2023 Results on Nov 03, 2023 Sempra announced that they will report Q3, 2023 results at 7:00 AM, US Eastern Standard Time on Nov 03, 2023 Duyuru • Oct 17
Sempra Announces Resignation of Kevin C. Sagara as Executive Vice President and Group President, Effective December 1, 2023 On October 12, 2023, Kevin C. Sagara provided notice that he will resign as the Executive Vice President and Group President of Sempra effective December 1, 2023. Upcoming Dividend • Sep 20
Upcoming dividend of US$0.59 per share at 3.2% yield Eligible shareholders must have bought the stock before 26 September 2023. Payment date: 15 October 2023. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.5%). Duyuru • Sep 09
Sempra Announces Resignation of Cynthia L. Walker as Director On September 7, 2023, Cynthia L. Walker resigned as a director of Sempra effective the same day. Duyuru • Sep 07
Sempra Declares Quarterly Common Dividend, Payable on October 15, 2023 Sempra announced that its board of directors has declared a $0.595 per share quarterly dividend on the company's common stock, which is payable October 15, 2023, to common stock shareholders of record at the close of business on September 27, 2023. The quarterly dividend has been adjusted for the previously effected two-for-one stock split of the company's common stock. Duyuru • Aug 18
Sempra Appoints Richard Mark to the Board of Directors and Member of Audit, Compensation and Talent Development Committees, Effective August 21, 2023 Sempra announced that it has appointed Richard Mark to the company's board of directors effective Aug. 21, 2023. Richard Mark is the former chairman and president of Ameren Illinois. He brings 20 years of experience in electric and gas utility operations, customer service, public policy and regulation, as well as broad knowledge and experience with advanced utility technologies and safety and reliability programs. Mark, 68, served as chairman and president of Ameren Illinois from 2012 to 2022. He first joined Ameren in 2002, where he held a series of increasingly responsible management positions for both Ameren Missouri and Ameren Illinois, including senior vice president, customer operations, and vice president, governmental policy and consumer affairs. Before joining Ameren, Mark served as president, chief executive officer and chief operating officer of St. Mary's Hospital in East St. Louis, IL. He currently serves on the board of directors of Tenet Healthcare Corporation. Mark holds a bachelor's degree from Iowa State University and a master's degree in management from National Louis University. With the appointment of Mark, Sempra will have 10 directors with five having been newly elected since 2018, reflecting the company's commitment to continue growing and benefitting from fresh insights and perspectives. Mr. Mark was named to serve on the Audit Committee and the Compensation and Talent Development Committee. The appointment and committee assignments are effective on August 21, 2023. Duyuru • Aug 04
Sempra Provides Earnings Guidance for the Full-Year of 2023 and 2024 Sempra provided earnings guidance for the full-year of 2023 and 2024. For the year 2023, the company expects GAAP earnings per common share to be between $8.78 to $9.38.For the year 2024, the company expects GAAP earnings per common share to be between $9.10 to $9.80 and its projected long-term EPS growth rate of 6% to 8%. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$1.91 (vs US$1.78 in 2Q 2022) Second quarter 2023 results: EPS: US$1.91 (up from US$1.78 in 2Q 2022). Revenue: US$3.34b (down 6.0% from 2Q 2022). Net income: US$603.0m (up 7.9% from 2Q 2022). Profit margin: 18% (up from 16% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.4% decline forecast for the Integrated Utilities industry in Europe. Duyuru • Jul 18
Sempra to Report Q2, 2023 Results on Aug 03, 2023 Sempra announced that they will report Q2, 2023 results at 7:00 AM, US Eastern Standard Time on Aug 03, 2023 Upcoming Dividend • Jun 26
Upcoming dividend of US$1.19 per share at 3.3% yield Eligible shareholders must have bought the stock before 03 July 2023. Payment date: 15 July 2023. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.8%). Duyuru • May 12
Sempra Declares Quarterly Common Dividend, Payable on July 15, 2023 Sempra announced that its board of directors has declared a $1.19 per share quarterly dividend on the company's common stock, which is payable July 15, 2023, to common stock shareholders of record at the close of business on July 5, 2023. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$3.08 (vs US$1.94 in 1Q 2022) First quarter 2023 results: EPS: US$3.08 (up from US$1.94 in 1Q 2022). Revenue: US$6.56b (up 72% from 1Q 2022). Net income: US$969.0m (up 58% from 1Q 2022). Profit margin: 15% (down from 16% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Duyuru • May 05
Sempra Energy Affirms Earnings Guidance for the Full-Year 2023 and Full-Year 2024 Sempra Energy affirmed earnings guidance for the Full-Year 2023 and full-year 2024. For its full-year 2023 GAAP earnings per common share (EPS) guidance range of $8.76 to $9.36.For the full-year 2024 EPS guidance range of $9.10 to $9.80. Board Change • May 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. Independent Director Bethany Mayer was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 14
Upcoming dividend of US$1.19 per share at 3.3% yield Eligible shareholders must have bought the stock before 21 March 2023. Payment date: 15 April 2023. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.8%). Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: US$6.64 (vs US$4.02 in FY 2021) Full year 2022 results: EPS: US$6.64 (up from US$4.02 in FY 2021). Revenue: US$14.4b (up 12% from FY 2021). Net income: US$2.09b (up 67% from FY 2021). Profit margin: 14% (up from 9.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Duyuru • Feb 04
Sempra to Report Q4, 2022 Results on Feb 28, 2023 Sempra announced that they will report Q4, 2022 results at 7:00 AM, US Eastern Standard Time on Feb 28, 2023 Upcoming Dividend • Dec 14
Upcoming dividend of US$1.15 per share Eligible shareholders must have bought the stock before 21 December 2022. Payment date: 15 January 2023. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.0%). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. Independent Director Bethany Mayer was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Nov 16
Sempra Declares Quarterly Dividend, Payable Jan. 15, 2023 Sempra announced that its board of directors has declared a $1.145 per share quarterly dividend on the company's common stock, which is payable Jan. 15, 2023, to common stock shareholders of record at the close of business on Dec. 22, 2022. Reported Earnings • Nov 04
Third quarter 2022 earnings released: EPS: US$1.54 (vs US$2.03 loss in 3Q 2021) Third quarter 2022 results: EPS: US$1.54 (up from US$2.03 loss in 3Q 2021). Revenue: US$3.62b (up 20% from 3Q 2021). Net income: US$485.0m (up US$1.13b from 3Q 2021). Profit margin: 13% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Duyuru • Nov 04
Sempra Updates Earnings Guidance for the Full Year of 2022 and Affirms Earnings Guidance for the Full Year of 2023 Sempra updated earnings guidance for the full year of 2022 and affirmed earnings guidance for the full year of 2023. For the year 2022, the company updates GAAP EPS guidance range to $7.07 to $7.37.For the year 2023, the company affirms EPS guidance range of $8.60 to $9.20. Duyuru • Oct 14
Sempra to Report Q3, 2022 Results on Nov 03, 2022 Sempra announced that they will report Q3, 2022 results at 7:00 AM, US Eastern Standard Time on Nov 03, 2022 Upcoming Dividend • Sep 15
Upcoming dividend of US$1.15 per share Eligible shareholders must have bought the stock before 22 September 2022. Payment date: 15 October 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.1%). Duyuru • Sep 08
Sempra Declares Quarterly Dividend, Payable on October 15, 2022 Sempra announced that its board of directors has declared a $1.145 per share quarterly dividend on the company's common stock, which is payable October 15, 2022, to common stock shareholders of record at the close of business on September 23, 2022. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$1.78 (vs US$1.38 in 2Q 2021) Second quarter 2022 results: EPS: US$1.78 (up from US$1.38 in 2Q 2021). Revenue: US$3.55b (up 29% from 2Q 2021). Net income: US$559.0m (up 32% from 2Q 2021). Profit margin: 16% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 3.0% compared to a 3.2% growth forecast for the industry in Germany. Duyuru • Aug 05
Sempra Provides Earnings Guidance for 2022 and 2023 Sempra provided earnings guidance for 2022 and 2023. For 2022 the company is updating its full-year 2022 GAAP earnings per common share (EPS) guidance range to $6.90 to $7.50.For 2023 the company also is affirming its full-year 2023 EPS guidance range of $8.60 to $9.20. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. Independent Director Bethany Mayer was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jul 14
Sempra to Report Q2, 2022 Results on Aug 04, 2022 Sempra announced that they will report Q2, 2022 results at 7:00 AM, US Eastern Standard Time on Aug 04, 2022 Board Change • Jul 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. Independent Director Bethany Mayer was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 29
Upcoming dividend of US$1.15 per share Eligible shareholders must have bought the stock before 06 July 2022. Payment date: 15 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.2%). Duyuru • Jun 02
Black River B 2017 Inc. completed the acquisition of 10% stake in Sempra Infrastructure Partners, LP from Sempra (NYSE:SRE) for $1.7 billion. Black River B 2017 Inc. entered into an agreement to acquire 10% stake in Sempra Infrastructure Partners, LP from Sempra (NYSE:SRE) for $1.8 billion on December 21, 2021. The aggregate purchase price of $1.785 billion, is subject to certain adjustments. Under the terms of the agreement, Black River B 2017 Inc. will have certain customary minority rights with respect to Sempra Global, commensurate with the size of the investment. Upon closing of the transaction, Sempra, KKR and ADIA will own 70%, 20%, and 10%, respectively, of the outstanding Class A Units of Sempra Global. The transaction is subject to receipt of certain regulatory approvals, including in Mexico by the Comisión Federal de Competencia Económica and in the United States by the Federal Energy Regulatory Commission and the Department of Energy; certain other third-party approvals; and other customary closing conditions. As of May 26, 2022 the transaction was approved by Comisión Federal de Competencia Económica. The transaction is expected to be completed in the second quarter 2022. Proceeds from the sale will be used to fund incremental capital expenditures at Sempra's utilities and repurchase $500 million of the company's stock, while also supporting the company's balance sheet. The transaction is expected to be accretive to earnings as the proceeds are deployed. Michael Deyong, Adam Cieply, Rodrigo Dominguez, Henri Capin-Gally, David Dreier, Henrik Patel, Arlene Arin Hahn, Seth Kerschner, Farhad Jalinous, Ryan Brady and Daniel Hagan of White & Case and Sullivan & Cromwell LLP acted as legal advisors to Sempra. Milbank LLP and Gonzalez Calvillo SC acted as legal advisors to Abu Dhabi Investment Authority. BofA Securities, Inc. acted as sole financial advisor to the Abu Dhabi Investment Authority, Parent of Black River B 2017 Inc.
Black River B 2017 Inc. completed the acquisition of 10% stake in Sempra Infrastructure Partners, LP from Sempra (NYSE:SRE) on June 1, 2022. The aggregate purchase price paid post the adjustments amounted to $1.7 billion. Duyuru • May 18
Sempra Appoints Bethany J. Mayer as Director Sempra announced at the AGM held on May 13, 2022 that the company approved appointment of Bethany J. Mayer as director. Board Change • May 17
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Independent Director CJ Warner was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 13
Sempra Declares Quarterly Dividend, Payable on July 15, 2022 Sempra announced that its board of directors has declared a $1.145 per share quarterly dividend on the company's common stock, which is payable July 15, 2022, to common stock shareholders of record at the close of business on July 7, 2022. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$1.94 (vs US$2.91 in 1Q 2021) First quarter 2022 results: EPS: US$1.94 (down from US$2.91 in 1Q 2021). Revenue: US$3.82b (up 17% from 1Q 2021). Net income: US$612.0m (down 30% from 1Q 2021). Profit margin: 16% (down from 27% in 1Q 2021). Over the next year, revenue is forecast to stay flat compared to a 1.4% growth forecast for the industry in Germany. Duyuru • May 06
Sempra Updates Earnings Guidance for the Full Year 2022 and Re-Affirms Earnings Guidance for the Full Year 2023 Sempra updated earnings guidance for the full year 2022 and re-affirmed earnings guidance for the full year 2023. For the full year 2022, the company is updating its full-year 2022 GAAP earnings per common share (EPS) guidance range to $7.11 to $7.71.For the full year 2023, affirming its full-year 2023 EPS guidance range of $8.60 to $9.20. Duyuru • Apr 15
Sempra to Report Q1, 2022 Results on May 05, 2022 Sempra announced that they will report Q1, 2022 results at 7:00 AM, US Eastern Standard Time on May 05, 2022 Upcoming Dividend • Mar 17
Upcoming dividend of US$1.15 per share Eligible shareholders must have bought the stock before 24 March 2022. Payment date: 15 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (3.3%). Recent Insider Transactions • Mar 02
Senior VP recently sold €333k worth of stock On the 1st of March, Peter Wall sold around 3k shares on-market at roughly €130 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.1m more than they bought in the last 12 months. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$4.02 (down from US$6.58 in FY 2020). Revenue: US$12.9b (up 13% from FY 2020). Net income: US$1.25b (down 35% from FY 2020). Profit margin: 9.8% (down from 17% in FY 2020). Revenue exceeded analyst estimates by 5.0%. Over the next year, revenue is expected to shrink by 2.4% compared to a 2.6% growth forecast for the industry in Germany. Duyuru • Feb 05
Sempra to Report Q4, 2021 Results on Feb 25, 2022 Sempra announced that they will report Q4, 2021 results at 7:00 AM, US Eastern Standard Time on Feb 25, 2022 Upcoming Dividend • Dec 15
Upcoming dividend of US$1.10 per share Eligible shareholders must have bought the stock before 22 December 2021. Payment date: 15 January 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.5%. Within top quartile of German dividend payers (3.4%). In line with average of industry peers (3.2%). Reported Earnings • Nov 06
Third quarter 2021 earnings released: US$2.03 loss per share (vs US$1.24 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$3.01b (up 14% from 3Q 2020). Net loss: US$648.0m (down 281% from profit in 3Q 2020). Upcoming Dividend • Sep 16
Upcoming dividend of US$1.10 per share Eligible shareholders must have bought the stock before 23 September 2021. Payment date: 15 October 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.3%). Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS US$1.38 (vs US$1.58 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$2.74b (up 8.5% from 2Q 2020). Net income: US$424.0m (down 8.2% from 2Q 2020). Profit margin: 16% (down from 18% in 2Q 2020). The decrease in margin was driven by higher expenses. Duyuru • Jun 30
Sempra Energy Provides Earnings Guidance for the Full Year 2021 and 2022 Sempra Energy provided earnings guidance for the full year 2021. The company is increasing its full-year 2021 GAAP EPS guidance range to $7.67 to $8.27.
The company announcing its full-year 2022 EPS guidance range of $8.10 to $8.70. Upcoming Dividend • Jun 29
Upcoming dividend of US$1.10 per share Eligible shareholders must have bought the stock before 06 July 2021. Payment date: 15 July 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.6%). Recent Insider Transactions • Jun 04
Insider recently sold €1.7m worth of stock On the 1st of June, Kevin Sagara sold around 16k shares on-market at roughly €111 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months. Reported Earnings • May 07
First quarter 2021 earnings released: EPS US$2.91 (vs US$2.32 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$3.26b (up 7.6% from 1Q 2020). Net income: US$874.0m (up 28% from 1Q 2020). Profit margin: 27% (up from 22% in 1Q 2020). The increase in margin was driven by higher revenue. Duyuru • May 06
Sempra Energy Provides Earnings Guidance for the Full Year 2021 Sempra Energy provided earnings guidance for the full year 2021. The company is updating its full-year 2021 GAAP EPS guidance range to $7.42 to $8.02. Upcoming Dividend • Mar 17
Upcoming Dividend of US$1.10 Per Share Will be paid on the 15th of April to those who are registered shareholders by the 24th of March. The trailing yield of 3.4% is in the top quartile of German dividend payers (3.3%), and it is in line with industry peers (3.6%). Reported Earnings • Feb 28
Full year 2020 earnings released: EPS US$6.58 (vs US$6.09 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$11.4b (up 5.0% from FY 2019). Net income: US$1.91b (up 13% from FY 2019). Profit margin: 17% (up from 16% in FY 2019). The increase in margin was driven by higher revenue.