Oncor Electric Delivery Company LLC, majority owned by energy infrastructure company Sempra Energy (SRE), reported Thursday lower profit in its first quarter, despite higher operating revenues.
In the quarter, net income was $181 million, compared to net income of $225 million a year ago.
Operating income declined to $352 million from last year's $360 million.
Operating revenues, however, increased to $1.55 billion from prior year's $1.46 billion.
Total distribution base revenues grew to $764 million from $663 million a year ago.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.