Sempra Energy Financial Highlights Q2-2022
Q2-2022 FINANCIAL RESULTS
(Dollars and shares in millions, except EPS)
GAAP Earnings
Impacts Associated with Aliso Canyon Litigation¹
Impact from Foreign Currency and Inflation on our Monetary Positions in Mexico and
Associated Undesignated Derivatives
Net Unrealized Losses on Commodity Derivatives
Deferred Income Tax Expense Associated with the Change in our Indefinite Reinvestment Assertion
Related to the Sale of NCI to ADIA
Earnings from Investment in RBS Sempra Commodities LLP
Adjusted Earnings²
Diluted Weighted-Average Common Shares Outstanding
GAAP EPS
Diluted Weighted-Average Common Shares Outstanding - Adjusted
Adjusted EPS2,3
Three months ended
June 30,
Six months ended
June 30,
2022
2021
2022
2021
(Unaudited)
EA
$
559
$
424 $ 1,171 $ 1,298
32
98
16
6 199
72
91
69
58
70
87
0
120
(50)
50
(50)
$
626
$
504 $ 1,550
$ 1,404
316
309
317
306
$
1.77 $
1.37 $
3.70
$
4.24
316
309
317
311
$
1.98
$
1.63 $
4.90 $
4.58
Despite sales of NCI in Sempra Infrastructure Partners, Sempra achieved 7% increase in
adjusted EPS in first six months of 2022 compared to same period in 20212,4
Related to property developer claims, four of which were settled in Q1 2022.
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1.
2.
See Appendix for information regarding non-GAAP financial measures and descriptions of adjustments.
3.
4.
For YTD-2021, preferred dividends of $19M are added back to adjusted earnings because of dilutive effect of Series B mandatory convertible preferred stock.
GAAP EPS decreased 13% in first six months in 2022 compared to the same period in 2021.
SEMPRA
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