Sempra Signals Increased Capital Investment for Oncor and Strong 2026 EPS Guidance
Sempra (SRE) has announced plans to increase the capital expenditure budget for its subsidiary, Oncor, by approximately 20%, bringing the total plan to $47.5 billion. This expansion reflects management's strategic focus on scaling utility growth infrastructure across the United States. The company also provided optimistic financial guidance, aiming for the high end of its projected 2026 adjusted earnings per share (EPS) range of $4.80 to $5.30. Management noted that year-to-date performance has been bolstered by double-digit growth in adjusted EPS, driven by strong operational execution.
Tickers: $SRE
Topics: adjusted EPS earnings utility growth