Sempra Energy Files 8-K with Routine Updates

TL;DR

Sempra Energy (SRE) filed an 8-K with routine updates for its subsidiaries; no major news.

AI Summary

On December 19, 2025, Sempra Energy (SRE) filed an 8-K, disclosing information related to its subsidiaries, San Diego Gas & Electric Co. and Southern California Gas Co. The filing primarily concerns routine corporate updates and financial statement information, with no major new events or material financial changes announced.

Why It Matters

This filing provides standard corporate disclosures for Sempra Energy and its utility subsidiaries, offering transparency on their ongoing operations and financial reporting.

Risk Assessment

Risk Level: low — The filing contains standard corporate disclosures and does not indicate any significant new risks or material changes.

Key Numbers

• 20251219 — Filing Date (Date the 8-K was filed.)
• 20251218 — Period of Report (The period the report covers.)

Key Players & Entities

• Sempra Energy (company) — Filer
• San Diego Gas & Electric Co. (company) — Subsidiary
• Southern California Gas Co. (company) — Subsidiary
• 0001032208-25-000070 (filing_id) — Accession Number

FAQ

Key Financial Figures

• $25 — 75% Junior Subordinated Notes Due 2079, $25 par value SREA New York Stock Exchange
• $471 million — DG&E estimates this PD will result in a $471 million after tax charge to the earnings of Sem
• $34 million — in the fourth quarter of 2025, of which $34 million relates to the first three quarters of
• $437 million — to the first three quarters of 2025 and $437 million relates to 2019-2024. These estimates m
• $4.30 — -common-share ("EPS") guidance range of $4.30-$4.70, which takes into account the adj
• $4 — n-share ("EPS") guidance range of $4.30-$4.70, which takes into account the adjust
• $2.38 — he United States of America ("GAAP") to $2.38-$2.78 based on results in the first nin
• $2.78 b — ted States of America ("GAAP") to $2.38-$2.78 based on results in the first nine months
• $4.80 — ear 2026 adjusted EPS guidance range of $4.80-$5.30, which factors in the foregoing i
• $5 — 26 adjusted EPS guidance range of $4.80-$5.30, which factors in the foregoing impa

Filing Documents

• sempra-20251218.htm (8-K) — 56KB
• ex99_1xreconciliationofsem.htm (EX-99.1) — 24KB
• sempra-20251218_g1.jpg (GRAPHIC) — 119KB
• sempra-20251218_g2.jpg (GRAPHIC) — 105KB
• sempra-20251218_g3.jpg (GRAPHIC) — 103KB
• 0001032208-25-000070.txt ( ) — 1086KB
• sempra-20251218.xsd (EX-101.SCH) — 3KB
• sempra-20251218_def.xml (EX-101.DEF) — 17KB
• sempra-20251218_lab.xml (EX-101.LAB) — 31KB
• sempra-20251218_pre.xml (EX-101.PRE) — 18KB
• sempra-20251218_htm.xml (XML) — 9KB

01 Other Events

Item 8.01 Other Events. The California Public Utilities Commission ("CPUC") issues proposed decisions ("PD") from time to time on regulatory matters in advance of voting on final decisions ("FD"). Such PDs are subject to public comment and must be voted on by the CPUC before a decision becomes final. The CPUC may adopt, modify, or reject PDs. SDG&E and SoCalGas 2026 CPUC Cost of Capital Proceeding – Final Decision On December 18, 2025, the CPUC approved an FD in the Cost of Capital proceeding for San Diego Gas & Electric Company ("SDG&E") and Southern California Gas Company ("SoCalGas"), both subsidiaries of Sempra. The FD is an improvement to the original Cost of Capital PD, authorizing a return on equity that is 5 basis points higher. All other aspects of the original Cost of Capital PD remain unchanged and are described in the Current Report on Form 8-K filed by Sempra, SDG&E and SoCalGas on November 17, 2025 (the " November 2025 Form 8-K "). SDG&E Track 2 Request in 2024 General Rate Case – Accounting Impacts of Proposed Decision On December 18, 2025, the CPUC did not vote on the PD issued in November 2025 in SDG&E's Track 2 request (the "Track 2 PD") in its 2024 General Rate Case, which is described in the November 2025 Form 8-K . SDG&E is actively pursuing opportunities through the regulatory process to improve the outcome of the Track 2 PD. SDG&E estimates this PD will result in a $471 million after tax charge to the earnings of Sempra and SDG&E in the fourth quarter of 2025, of which $34 million relates to the first three quarters of 2025 and $437 million relates to 2019-2024. These estimates may differ substantially from actual results depending on various factors, including the timing and outcome of the FD in 2026.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Sempra is guiding to the high end of its previously announced full-year 2025 adjusted diluted earnings-per-common-share ("EPS") guidance range of $4.30-$4.70, which takes into account the adjustment of the estimated charge referenced above resulting from the Track 2 PD related to 2019-2024. Sempra is updating its full-year 2025 EPS guidance range computed in accordance with generally accepted accounting principles in the United States of America ("GAAP") to $2.38-$2.78 based on results in the first nine months of 2025 plus the estimated charge referenced above resulting from the Track 2 PD. Sempra is also affirming its full-year 2026 adjusted EPS guidance range of $4.80-$5.30, which factors in the foregoing impacts of the Track 2 PD and the Cost of Capital FD. Reconciliations of Sempra's full-year 2025 and 2026 adjusted EPS guidance ranges to its GAAP EPS guidance ranges are furnished herewith in Table A of Exhibit 99.1. The information furnished in this Item 7.01 and in Exhibit 99.1 shall not be deemed to be "filed" for purposes of the Securities Exchange Act of 1934, nor shall it be deemed to be incorporated by reference in any filing of Sempra, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit Description 99.1 Reconciliations of Sempra's 2025 and 2026 Adjusted EPS Guidance Ranges. 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

Forward-Looking Statements

Forward-Looking Statements This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this report. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this report, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our "guidance", "priorities", "strategies", "goals", "vision", "mission", "projections", "intentions" or "expectations". Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: California wildfires, including potential liability for damages regardless of fault and any inability to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054 and the wildfire fund continuation account established by California Senate Bill 254, rates from customers or a combination thereof; decisions, denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, denials or revocations of permits, consents, appro

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized. SEMPRA, (Registrant) Date: December 19, 2025 By: /s/ Dyan Z. Wold Dyan Z. Wold Vice President, Controller and Chief Accounting Officer SAN DIEGO GAS & ELECTRIC COMPANY, (Registrant) Date: December 19, 2025 By: /s/ Valerie A. Bille Valerie A. Bille Senior Vice President, Chief Financial Officer, Controller and Chief Accounting Officer SOUTHERN CALIFORNIA GAS COMPANY, (Registrant) Date: December 19, 2025 By: /s/ Sara P. Mijares Sara P. Mijares Vice President, Controller and Chief Accounting Officer