Sempra Energy: 10-K Risk Factor Changes

2024 vs 2023  ·  SEC EDGAR  ·  2026-07-05
Other years: 2026 vs 2025 · 2025 vs 2024
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

14
New Risks
14
Removed
37
Modified
12
Unchanged
🟢 New in Current Filing Our international businesses and operations expose us to increased legal, regulatory, tax, economic, geopolitical and management oversight risks and challenges. 🔒
🟢 New in Current Filing 2023 Form 10-K | 38 🔒
🟢 New in Current Filing Our businesses face climate change concerns and have environmental compliance and clean energy transition and reporting costs. 🔒
🟢 New in Current Filing Wildfires in California pose risks to Sempra, SDG&E and SoCalGas. 🔒
🟢 New in Current Filing 2023 Form 10-K | 45 🔒
🟢 New in Current Filing 2023 Form 10-K | 46 🔒
🟢 New in Current Filing Settlement provisions contained in our equity forward sale agreements subject us to certain risks. 🔒
🟢 New in Current Filing 2023 Form 10-K | 37 🔒
🟢 New in Current Filing The electricity industry is undergoing significant change, including increased deployment of DER, technological advancements, evolving procurement service standards, and political and regulatory developments. 🔒
🟢 New in Current Filing 2023 Form 10-K | 47 🔒
🟢 New in Current Filing 2023 Form 10-K | 55 🔒
🔴 No Match in Current Filing 2022 Form 10-K | 38 🔒
🔴 No Match in Current Filing 2022 Form 10-K | 58 🔒
🟡 Modified Our businesses are subject to risks arising from their infrastructure and systems that support this infrastructure. 🔒
🟡 Modified SDG&E and SoCalGas are subject to extensive regulation. 🔒
🟡 Modified We face evolving cybersecurity risks associated with the energy grid, natural gas pipelines, storage and other infrastructure as well as the collection of personal, sensitive and confidential customer and employee information. 🔒
🟢 New in Current Filing 2023 Form 10-K | 35 🔒
🟢 New in Current Filing 2023 Form 10-K | 36 🔒
🟢 New in Current Filing 2023 Form 10-K | 48 🔒
🔴 No Match in Current Filing 2022 Form 10-K | 39 🔒
🔴 No Match in Current Filing Our businesses face risks related to the COVID-19 pandemic. 🔒
🔴 No Match in Current Filing 2022 Form 10-K | 40 🔒
🔴 No Match in Current Filing We are subject to risks due to uncertainty relating to the calculation of LIBOR and its scheduled discontinuance. 🔒
🔴 No Match in Current Filing 2022 Form 10-K | 46 🔒
🔴 No Match in Current Filing 2022 Form 10-K | 47 🔒
🔴 No Match in Current Filing We are dependent on the equipment provided by third parties to operate the Cameron LNG Phase 1 facility and the failure of such equipment may adversely impact our business and performance. 🔒
🟡 Modified We face risks related to severe weather, natural disasters, physical attacks and other similar events. 🔒
🟡 Modified 2023 Form 10-K | 41 🔒
🟡 Modified Increasing activities and projects intended to advance new energy technologies could introduce us to new risks. 🔒
🟡 Modified 2023 Form 10-K | 54 🔒
🟡 Modified We are subject to complex tax and accounting requirements that expose us to risks. 🔒
🔴 No Match in Current Filing 2022 Form 10-K | 43 🔒
🔴 No Match in Current Filing SDG&E and SoCalGas are subject to extensive regulation by federal, state and local legislative and regulatory authorities, which may materially adversely affect Sempra, SDG&E and SoCalGas. 🔒
🔴 No Match in Current Filing 2022 Form 10-K | 50 🔒
🔴 No Match in Current Filing 2022 Form 10-K | 56 🔒
🟡 Modified Our businesses are exposed to fluctuations in commodity prices. 🔒
🟡 Modified We may not be able to enter into, maintain, extend or replace long-term supply, sales or capacity agreements. 🔒
🟡 Modified 2023 Form 10-K | 43 🔒
🟡 Modified We do not fully hedge our assets or contract positions against changes in commodity prices or interest rates, and for positions that are hedged, our hedging mechanisms may not mitigate our risk or reduce our losses as intended. 🔒
🟡 Modified 2023 Form 10-K | 44 🔒
🟡 Modified Natural gas has increasingly been the subject of political and public debate, including a desire by some to eventually reduce or eliminate reliance on natural gas as an energy source. 🔒
🟡 Modified Our businesses depend on the performance of counterparties. 🔒
🟡 Modified We face risks related to failures and delays in obtaining permits, licenses, franchises and other approvals required by our businesses from various governmental agencies. 🔒
🟡 Modified We face risks related to unsettled property rights and titles in Mexico. 🔒
🟡 Modified 2023 Form 10-K | 34 🔒
🟡 Modified 2023 Form 10-K | 52 🔒
🔴 No Match in Current Filing 2022 Form 10-K | 49 🔒
🟡 Modified Any failure by the CPUC to adequately reform SDG&E’s electric rate structure could negatively impact SDG&E and Sempra. 🔒
🟡 Modified Our debt service obligations expose us to risks and could require additional equity securities issuances by Sempra or sales of equity interests in subsidiaries or projects under development. 🔒
🟡 Modified SDG&E may incur significant costs and liabilities from its partial ownership of a nuclear facility being decommissioned. 🔒
🟡 Modified 2023 Form 10-K | 42 🔒
🟡 Modified SoCalGas has incurred and may continue to incur significant costs, expenses and other liabilities related to the Leak. 🔒
🟡 Modified We face risks from increased competition. 🔒
🟡 Modified Credit rating agencies may downgrade our credit ratings or place them on negative outlook. 🔒
🟡 Modified Our international businesses and operations expose us to foreign currency exchange rate and inflation risks. 🔒
🟡 Modified The availability and cost of debt or equity financing could be negatively affected by market and economic conditions and other factors. 🔒
🟡 Modified Any impairment of our assets could negatively impact us. 🔒
🟡 Modified 2023 Form 10-K | 51 🔒
🟡 Modified Sempra’s investments in businesses it does not control exposes us to risks. 🔒
🟡 Modified The operation of our facilities depends on good labor relations with our employees and our ability to attract and retain qualified personnel. 🔒
🟡 Modified 2023 Form 10-K | 49 🔒
🟡 Modified Changes in the regulation of Oncor or the regulation or operation of the electric utility industry and/or the ERCOT market could negatively affect Oncor. 🔒
🟡 Modified The economic interest, voting rights and market value of our outstanding common and preferred stock may be adversely affected by any additional equity securities we may issue. 🔒
🟡 Modified We rely on transportation assets and services, much of which we do not own or control, to deliver natural gas and electricity. 🔒
🟡 Modified Our business could be negatively affected by activist shareholders. 🔒
65 changes in this historical filing

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