Company: SREA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001032208-25-000048
Chunk: 276

Company: SEMPRA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 276
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 development budget of the PA LNG Phase 1 project, in an aggregate amount of up to $9.0 billion. SI Partners’ guarantee covers 70% of this amount plus enforcement costs of its guarantee. As of June 30, 2025, an aggregate amount of $2.7 billion has been paid by SI Partners’ subsidiary in satisfaction of its commitment to fund its portion of the development budget of the PA LNG Phase 1 project.

EARNINGS PER COMMON SHARE Basic EPS is calculated by dividing earnings attributable to common shares by the weighted-average number of common shares outstanding for the period. Diluted EPS includes the potential dilution of common stock equivalent shares that could occur if securities or other contracts to issue common stock were exercised or converted into common stock.EARNINGS PER COMMON SHARE COMPUTATIONS(Dollars in millions, except per share amounts; shares in thousands) Three months ended June 30,Six months ended June 30, 2025202420252024Sempra:Numerator:    Earnings attributable to common shares$461 $713 $1,367 $1,514 Denominator:    Weighted-average common shares outstanding for basic EPS(1)652,664 633,450 652,330 633,135 Dilutive effect of common shares sold forward101 1,139 51 906 Dilutive effect of stock options and RSUs(2)459 1,690 742 1,776 Weighted-average common shares outstanding for diluted EPS653,224 636,279 653,123 635,817 EPS:Basic$0.71 $1.13 $2.10 $2.39 Diluted$0.71 $1.12 $2.09 $2.38 (1)    Includes 499 and 610 fully vested RSUs held in our Deferred Compensation Plan for the three months ended June 30, 2025 and 2024, respectively, and 507 and 617 of such RSUs for the six months ended June 30, 2025 and 2024, respectively. These fully vested RSUs are included in weighted-average common shares outstanding for basic EPS because there are no conditions under which the corresponding shares will not be issued.(2)    Due to market fluctuations of both Sempra common stock and the comparative indices used to determine the vesting percentage of our total shareholder return performance-based RSUs, which we