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Dec 31, 2019

Sempra Q4 2019 Earnings Report

Sempra Energy reported strong financial results, exceeding full-year EPS guidance and increasing the common stock dividend.

Key Takeaways

Sempra Energy reported Q4 2019 earnings of $447 million, or $1.55 per diluted share. Full-year 2019 earnings were $2.1 billion, or $7.29 per diluted share. The company increased its common stock dividend by 8% and achieved substantial completion of Cameron LNG Train 2.

Sempra Energy exceeded full-year 2019 EPS guidance.

The company increased its common stock dividend by 8%.

Cameron LNG Train 2 achieved substantial completion, with commercial operations expected soon.

The company is focused on transmission and distribution infrastructure in North America.

Total Revenue
$2.94B
Previous year: $3.22B
-8.6%
EPS
$0.78
Previous year: $0.78
+0.0%
Gross Profit
$1.3B
Previous year: $1.21B
+7.6%
Cash and Equivalents
$108M
Previous year: $102M
+5.9%
Total Assets
$65.7B
Previous year: $60.6B
+8.3%

Sempra

Sempra

Sempra Revenue by Segment

Forward Guidance

Sempra Energy's full-year 2020 GAAP EPS guidance range is $12.78 to $14.26 and includes the estimated gain on the sale of the company’s South American businesses. Today, the company affirmed its full-year 2020 adjusted EPS guidance range of $6.70 to $7.50. Sempra Energy also issued its full-year 2021 EPS guidance range of $7.50 to $8.10.

Revenue & Expenses

Visualization of income flow from segment revenue to net income