Efficient Financing & Incremental Investment Opportunities
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FINANCIAL HIGHLIGHTS
HISTORICAL EXECUTION
52%
Average Annual
Total Shareholder Return¹
7%
Adj. EPS CAGR Since 20002
2021
GUIDANCE
$7.75 - $8.35
Adj. EPS Guidance Range 2,3
2022 $8.10 - $8.70
EPS Guidance Range³
STRONG 2021 - 2025 PROJECTIONS ACROSS ALL PLATFORMS
SEMPRA
CALIFORNIA
$19.3B4
2020 Rate Base
10%%
Projected Rate Base
5-Year CAGR
$32B
5-Yr
Capital Plan
5
SEMPRA
TEXAS
$17.5B
6
2020 Rate Base
7%
6
Projected Rate Base
5-Year CAGR
50% - 60%
Targeted Dividend
Payout Ratio
SEMPRA
INFRASTRUCTURE
$25.2B
Enterprise Value
$12.0B
Cameron LNG Phase
1 Projected Total
Cash Distributions
9%
Proj. Rate Base
5-Year CAGR
Data from Bloomberg. Represents respective total shareholder return (TSR) for the period 12/31/2000 - 6/4/2021 divided by 20 years.
Represents a non-GAAP financial measure. Represents the 20-year adjusted EPS CAGR for the period 12/31/2000 - 12/31/2020. GAAP EPS CAGR for 2000-2020 was 10%. 2021 GAAP EPS Guidance Range is $7.67 to $8.27. See Appendix for a reconciliation of
non-GAAP financial measures.
EPS Guidance Range includes impact of Sempra Infrastructure transactions, which include the sale of noncontrolling interest in Sempra Infrastructure Partners and acquisition of -30% of Sempra Mexico's noncontrolling interest.
Includes SDG&E's and SoCalGas' rate base. Rate base figures represent 13-month weighted-average, excluding CWIP as of 12/31/2020. Projected rate base CAGR from 2020-2025. Actual amounts/results may differ materially.
Actual amounts expended will depend on a number of factors and may differ materially from the amounts reflected in our 5-year capital plan for 2021 - 2025. Includes $9.2B of capex which represents our proportionate share of amounts funded by unconsolidated entities,
including Oncor, Sharyland and our unconsolidated JVs.
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Targeted Dividend Payout Ratio is for 2021-2025. The amount and timing of dividends payable and the dividend policy are at the sole
discretion of the Sempra Board of Directors and, if declared and paid, dividends may be in amounts that are materially less than projected.
Reflects 100% of Oncor's and Sharyland's actual year-end rate base at 12/31/2020 and projected year-end rate base for years 2021-2025. Actual amounts/results may differ materially.
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SEMPRAView entire presentation