AI English summary of an SEC filing — figures as filed
The company said full-year 2023 GAAP earnings were $3.03 billion, or $4.79 per diluted share, compared with $2.09 billion ($3.31) for full-year 2022. On an adjusted basis, earnings were $2.92 billion ($4.61) in both 2023 and 2022.
Key points
AI summaryThe company said full-year 2023 GAAP earnings were $3.03 billion, or $4.79 per diluted share, compared with $2.09 billion ($3.31) for full-year 2022. On an adjusted basis, earnings were $2.92 billion ($4.61) in both 2023 and 2022.
Sempra said net cash provided by operating activities for full-year 2023 was $6,218 million (2022 $1,142 million), and expenditures for property, plant and equipment were $8,397 million (2022 $5,357 million).
The company narrowed its full-year 2024 EPS guidance range to $4.60 to $4.90 and provided a full-year 2025 EPS guidance range of $4.90 to $5.25. It also declared a quarterly dividend of $0.62 per share, which it said on an annualized basis of $2.48 was up from $2.38 in 2023.
The company said it expects a company-record 5-year capital plan of about $48 billion, a 20% increase over the previous plan. It said more than 90% of the investment is focused on Sempra California and Sempra Texas.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
2023 Full-Year GAAP and Adjusted Results
The company said full-year 2023 GAAP earnings were $3.03 billion, or $4.79 per diluted share, compared with $2.09 billion ($3.31) for full-year 2022. On an adjusted basis, earnings were $2.92 billion ($4.61) in both 2023 and 2022.
Source · Based on the filing body and exhibits
2023 Full-Year Cash Flow and Capital Expenditures
Sempra said net cash provided by operating activities for full-year 2023 was $6,218 million (2022 $1,142 million), and expenditures for property, plant and equipment were $8,397 million (2022 $5,357 million).
Source · Based on the filing body and exhibits
2024–2025 EPS Guidance and Dividend
The company narrowed its full-year 2024 EPS guidance range to $4.60 to $4.90 and provided a full-year 2025 EPS guidance range of $4.90 to $5.25. It also declared a quarterly dividend of $0.62 per share, which it said on an annualized basis of $2.48 was up from $2.38 in 2023.
Source · Based on the filing body and exhibits
5-Year Capital Plan $48 billion
The company said it expects a company-record 5-year capital plan of about $48 billion, a 20% increase over the previous plan. It said more than 90% of the investment is focused on Sempra California and Sempra Texas.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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