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Sempra Reports 2024 Financial and Business Results

1. Sempra ups five-year capital plan to $56B, targets 2025 LNG phase 2 FID. 2. Adjusted EPS guidance and growth rate boost hint at strategic operational investments.

Earnings
-16.68%Current Return
VS
-0.48%S&P 500
$87.1802/25 07:56 AM EDTEvent Start
$72.63502/26 02:46 PM EDTLatest Updated
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FAQ

Why Bullish?

The elevated capital plan and revised EPS guidance suggest confidence in future earnings growth. Historical LNG and infrastructure investments have typically lifted market sentiment despite short-term EPS adjustments.

How important is it?

The significant capital allocation and upgraded growth metrics imply strong future operational performance, making this news highly impactful for SRE.

Why Long Term?

Large-scale capital projects like LNG Phase 2 affect supply capacity and earnings over years, mirroring past long-term energy sector trends.

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LNG
Raises Five-Year Capital Plan to $56B Targets 2025 FID for Port Arthur LNG Phase 2 Adjusts 2025 EPS Guidance to $4.30 to $4.70 Issues 2026 EPS Guidance of $4.80 to $5.30 Increases Long-Term EPS Growth Rate to 7% to 9% SAN DIEGO , Feb. 25, 2025 /PRNewswire/ -- Sempra (NYSE: SRE) today reported full-year 2024 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $2.82 billion or $4.42 per diluted share, compared to full-year 2023 GAAP earnings of $3.03 billion or $4.79 per diluted share. On an adjusted basis, the company's full-year 2024 earnings were $2.97 billion or $4.65 per diluted share, compared to $2.92 billion or $4.61 per diluted share in 2023.

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