SRE Sempra

company

SEC Filings & Insider Trading Activity 2026

Risk Factors

• • California Wildfire Legislation (2019 & 2025) creates strict inverse condemnation liability for SDG&E/SoCalGas; Wildfire Fund potentially near exhaustion after ~$1.26B in prior IOU claims
• • U.S. tariffs on steel, aluminum, copper, and threatened tariffs on power grid equipment directly impact LNG construction costs; China retaliatory tariff on U.S. LNG threatens SI Partners export demand
• • Mexico's 2025 Energy Laws grant broad permit revocation powers and preferential treatment to CFE/PEMEX, threatening SI Partners' $9.99B asset base and development pipeline
• • Sempra holding-company structure dependent on subsidiary distributions; S&P revised outlook to negative Jan 2025, Moody's followed Mar 2025, citing SoCalGas credit downgrade and wildfire exposure
• • 4,996,591 shares outstanding under ATM forward sale agreements subject to forced physical settlement at counterparty discretion, risking EPS dilution outside Sempra's control

Business Overview

• • Holding company owning CA/TX regulated utilities (SDG&E, SoCalGas, 80.25% Oncor) plus LNG and energy infrastructure via Sempra Infrastructure
• • Landmark portfolio restructuring: agreed Sept 2025 to sell 45% SI Partners stake to KKR for $9.99B, reducing Sempra ownership from 70% to 25% with KKR assuming control; Ecogas sale separately agreed for ~$500M (9.0B Mexican pesos)
• • PA LNG Phase 2 FID reached Sept 2025 — construction commenced on 2-train, ~13 Mtpa nameplate facility with offtake SPAs to ConocoPhillips, EQT, and JERA; ECA LNG Phase 1 achieved mechanical completion Dec 2025, first LNG cargoes targeted spring 2026
• • Texas UTM legislation signed 2025 enabling Oncor to file single annual interim rate update through 2035 for T&D capital recovery — Oncor's first filing anticipated March 2026 for assets placed in service 2025
• • Total Sempra headcount 15,938 (excluding equity method investees), with 3,048 employees inside the SI Partners disposal group classified as held for sale

Management Discussion & Analysis

• • Earnings attributable to common shares fell to $1,796M vs $2,817M in 2024, down 36% YoY, hit by $703M tax charge from SI Partners/Ecogas held-for-sale classification
• • Worst segment: Sempra Infrastructure swung to $(160)M loss vs $911M earnings in 2024; best segment: Sempra Texas Utilities up 10% to earnings growth driven by UTM, rate updates and customer growth
• • Sempra California earnings dropped $418M (23%) to $1,428M, primarily from $432M after-tax regulatory disallowance charge tied to 2024 GRC Track 2 WMP cost ruling
• • Capex $10.6B for PP&E in 2025 vs $8.2B in 2024; total capital including investments $12.6B; dividends paid $1,603M common + $40M preferred; $900M preferred stock redeemed; common stock buybacks only $58M
• • Forward: $8.6B capex planned 2026, $38.7B over 2026–2030; key risks include Wildfire Fund depletion (LA Fires claims from other IOUs ~$1.4B), Oncor rate case settlement seeking ~$560M annualized revenue increase pending PUCT approval in H1 2026

What are the latest SRE SEC filings in 2026?

Sempra (SRE) has filed a 10-K annual report on February 26, 2026, a 10-Q quarterly report on May 7, 2026, an 8-K current report on August 6, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did SRE file its most recent 10-K annual report?

Sempra (SRE) filed its most recent 10-K annual report on February 26, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view SRE 10-Q quarterly reports?

Sempra (SRE)'s most recent 10-Q quarterly report was filed on May 7, 2026. SignalX displays every SRE 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has SRE filed recently?

Sempra (SRE)'s most recent 8-K was filed on August 6, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find SRE insider trading activity (Form 4)?

SignalX aggregates every SRE Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does SRE file with the SEC?

Sempra (SRE) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new SRE filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Sempra (SRE).

What is SRE's SEC CIK number?

Sempra (SRE)'s SEC CIK (Central Index Key) number is 1032208. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1032208 to look up all SRE filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find SRE return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Sempra (SRE) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.