Sempra Energy: directors' dealings · United States · SEC (Form 4)

About Sempra Energy

Sempra Energy (NYSE: SRE) is a U.S.-listed energy infrastructure company headquartered in San Diego, California, in the United States. The company was formed in 1998 through the merger of Pacific Enterprises and Enova Corporation, bringing together the parent companies of Southern California Gas Co. and San Diego Gas & Electric Co. Since then, Sempra has evolved from a regional utility platform into a diversified North American energy company with regulated utility operations and a growing portfolio of long-life infrastructure assets. Sempra’s business is organized around three core platforms: Sempra California, Sempra Texas, and Sempra Infrastructure. In California, the group operates regulated utilities that provide natural gas and electricity services to a large customer base in one of the most economically important and most tightly regulated U.S. markets. In Texas, Sempra has a meaningful transmission and utility footprint, including exposure to the state’s fast-growing power and industrial demand. Through Sempra Infrastructure, the company develops LNG export facilities, energy networks and lower-carbon solutions, with a notable presence in Mexico and on the U.S. Gulf Coast. From a competitive standpoint, Sempra stands out because it combines defensive, rate-regulated cash flows with growth optionality from large-scale LNG and infrastructure development. That mix is attractive for long-term investors seeking both stability and expansion potential. The company has consistently framed its strategy around building America’s leading utility growth business, and that message is supported by continued capital investment in regulated assets as well as in global gas infrastructure. Its LNG platform includes existing exposure to Cameron LNG and development activity around Port Arthur LNG and Energía Costa Azul LNG. Recent developments reinforce this strategic direction. In February 2025, Sempra reported full-year 2024 results, raised its five-year capital plan to $56 billion, and said it is targeting a 2025 final investment decision for Port Arthur LNG Phase 2. Management also highlighted operational progress at its California utilities and continued momentum across its LNG portfolio. For investors in the French, Belgian and Swiss markets, Sempra offers a U.S.-centric, NYSE-listed energy name with a regulated utility base, long-duration infrastructure exposure, and a growing LNG optionality set.