The company’s adjusted earnings for the quarter reached $762 million, up from $583 million in 2025. This financial performance supports Sempra's five-year capital plan of approximately $65 billion, with the vast majority of investment directed toward utility operations in Texas and California. In Texas, Oncor Electric Delivery Company saw new base rates take effect in June, following record-breaking energy demand in the region. The Electric Reliability Council of Texas recorded an all-time peak load of 91 gigawatts in July, fueling a pipeline of high-voltage transmission projects currently awaiting regulatory approval.

In California, the company continues to prioritize grid resilience and wildfire risk mitigation. San Diego Gas & Electric and Southern California Gas Company recently filed their 2028 General Rate Case applications, outlining a strategy for continued infrastructure investment and cost management. Meanwhile, Sempra remains on track to finalize the sale of a 45% stake in Sempra Infrastructure Partners to KKR, a move designed to simplify the corporate strategy and bolster the balance sheet. Looking ahead, Sempra has affirmed its full-year 2026 adjusted earnings guidance range of $4.80 to $5.30 per share.