Sempra Energy

San Diego Gas & Electric provides natural gas and electricity to San Diego County and southern Orange County in southwestern California, United States. It is owned by Sempra Energy, a Fortune 500 energy services holding company based in San Diego. SDG&E is a regulated public utility that provides energy service to 3.3 million consumers through 1.4 million electric meters and more than 840,000 natural gas meters in San Diego and southern Orange counties. The utility's area spans 4,100 square miles. SDG&E employs about 5,000 people.

San Diego Gas & Electric

South California Gas Copany is the primary provider of natural gas to the region of Southern California. SoCalGas provides natural gas service for approximately 21.6 million customers, spanning roughly 20,000 square miles of California, extending from Visalia in the north to the Mexican border in the south. Gas service for San Diego County is provided by sister utility San Diego Gas & Electric, and Southwest Gas and the Long Beach Gas & Oil Department carve out small portions of the Southern California area for natural gas delivery.

Southern California Gas Company

Sempra is an energy-service holding company, which engages in the development and operation of energy infrastructure, and provision of electric and gas services. It operates through the following segments: Sempra California, Sempra Texas Utilities, Sempra Infrastructure, and All Other. The Sempra California segment offers natural gas and electric service to Southern California and part of central California through Sempra’s wholly owned subsidiaries, SDG&E and SoCalGas. The Sempra Texas Utilities holds investment in Oncor Holdings. The Sempra Infrastructure includes the operating companies of subsidiary, SI Partners, as well as a holding company and certain services companies. The company was founded on October 11, 1996, and is headquartered in San Diego, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sempra Energy reports strong Q1 earnings and outlines growth strategy

Sempra Energy's Q1 2023 Earnings Call highlighted strong financial performance, strategic investments, and a robust capital plan. The company's focus on growth, income generation, and sustainability initiatives positions it well for future success in the energy sector.

Sempra Energy reports strong Q2 earnings, eyes growth in utilities and LNG projects

Sempra Energy's Q2 2023 earnings call highlighted strong financial performance, strategic focus on regulated utilities, and growth opportunities in transmission and LNG projects. The company faces challenges in regulatory environments and capital decisions but remains optimistic about its future prospects.

Sempra Energy surpasses Q3 earnings expectations, eyes disciplined growth

Sempra Energy's Q3 performance exceeded expectations, driven by strong operational results and growth opportunities in North America. The company is focused on disciplined capital allocation, exploring new projects, and aiming for consistent long-term growth.

Sempra Energy posts record earnings, eyes growth in infrastructure projects

Sempra Energy's Q4 2023 earnings call highlighted robust financial performance, a significant capital plan, and a focus on sustainable growth. The company's strategic investments in infrastructure and commitment to cleaner energy solutions position it well for long-term success amidst challenges and opportunities in the energy sector.

Sempra Energy excels in Q1 2024, poised for growth and resilience

Sempra Energy's Q1 2024 Earnings Call showcased strong financial performance, strategic positioning in growth markets, and a commitment to shareholder value. Despite challenges in regulatory impacts and financing, the company remains focused on growth, resiliency, and delivering strong financial returns.

Sempra Energy reports robust Q2 earnings, eyes growth in Texas

Sempra Energy's Q2 2024 Earnings Call highlighted strong financial performance, growth prospects in California and Texas, and a commitment to sustainability. Addressing challenges such as project delays and costs will be key to sustaining momentum and capitalizing on opportunities.

Sempra Energy reports robust earnings, eyes LNG growth opportunities

Sempra Energy's Q3 2024 earnings call showcased solid financial performance, a focus on infrastructure investment, and growth opportunities in the LNG sector. While facing regulatory challenges and financing inquiries, the company remains optimistic about its future prospects, driven by strong leadership and strategic initiatives.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

American Electric Power Company

Constellation Energy Corp

CenterPoint Energy

Edison

FirstEnergy

NextEra Energy

Public Service Enterprise Group

During times of uncertainty, it can help to look at what happened during other down cycles for stocks.

These 10 stocks from a sector that is a bear-market bulwark have upside potential of up to 30%

Recently enacted California law increases customer access to no-cost energy-saving home improvements which support SoCalGas' efforts to lead the transition to a clean energy system LOS ANGELES , July 6, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) announced that as of July 1, 2022, more customers will now be eligible for no-cost energy-saving home improvements through the Energy Savings Assistance Program. The new guidelines expand eligibility criteria for customers whose income is up to 250% of federal poverty guidelines, compared to the previous criteria of up to 200%.

New Eligibility Guidelines Open SoCalGas Energy Savings Assistance Program to More Customers

American Water Works

Exelon

Essential Utilities

Should you consider adding utility stocks to your July 2022 watchlist?

Best Recession Proof Stocks To Buy Now? 4 Utility Stocks For Your List

Over 85 percent of SoCalGas scholarship recipients are minority students majoring in STEM, accounting and finance LOS ANGELES , June 30, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced that 25 students from Central and Southern California have been awarded funds from the 2022 SoCalGas Scholarship Program. For the first time, the utility has partnered with Scholarship America® to provide multiyear scholarships for students studying science, technology, engineering, math (STEM), accounting or finance.

SoCalGas Awards More Than $300,000 in Scholarships Over the Next Three Years to Central and Southern California Students Pursuing Higher Education

Investors are facing a perfect storm this year due to 40-year high inflation and fears of an upcoming recession. SRE is essentially immune to inflation and recessions.

Sempra Is A Solid Pick In The Ongoing Bear Market

SAN DIEGO--(BUSINESS WIRE)--Four microgrids equipped with energy storage will be added to the San Diego region to help the state meet high energy demand, particularly on hot summer days and in the peak evening hours after solar power dissipates. These small-scale grids that can operate independent of or parallel to the larger regional grid will also help keep critical community facilities powered during unexpected outages. San Diego Gas & Electric (SDG&E) received approval yesterday fro

SDG&E to Add Four Microgrids With Energy Storage to Further Strengthen Summer Grid Reliability and Advance Clean Energy Goals

HOUSTON , June 22, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), and INEOS Energy Trading Ltd., a subsidiary of INEOS, a global chemical products manufacturer, today announced they have entered into a heads of agreement (HOA) for the long-term supply of liquefied natural gas (LNG) from Sempra Infrastructure's Gulf Coast LNG portfolio of projects under development in North America.

Sempra Infrastructure and INEOS Energy Trading Sign Heads of Agreement for LNG Supply

Hawaiian Electric Industries

WEC Energy Group

Utilities like Sempra Energy (SRE), WEC Energy (WEC) and Hawaiian Electric (HE) have strong fundamentals, which will support their stable performance despite an increase in interest rates.

3 Utilities Worth Betting On Despite Ongoing Rate Increases

After losing some value lately, a hammer chart pattern has been formed for Sempra (SRE), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Here's Why Sempra (SRE) Could be Great Choice for a Bottom Fisher

Company achieves 37% reduction of fugitive methane emissions in 2021 LOS ANGELES , June 16, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) has submitted its annual fugitive emissions report to the California Public Utilities Commission (CPUC). The report shows that SoCalGas has significantly exceeded the state's 2025 goal for reducing fugitive methane emissions.

SoCalGas Surpasses California's 2025 Methane Emissions Reduction Goals, Nears 2030 Goal

Ameren

NRG Energy

Could utility stocks offer a hedge against the rising inflation?

What Stocks To Buy In A Recession? 4 Utility Stocks For Your Watchlist

Here is how Sempra (SRE) and Vistra Corp. (VST) have performed compared to their sector so far this year.

Is Sempra Energy (SRE) Outperforming Other Utilities Stocks This Year?

Church & Dwight

Intuit

Nordstrom

Kellogg

O'Reilly Automotive

Tyson Foods

With the market again sending worrying signals, it's time to start thinking defensively with these unstoppable stocks to own. The post 7 Unstoppable Stocks to Own in 2022 appeared first on InvestorPlace.

7 Unstoppable Stocks to Own in 2022

Broadcom

Boise Cascade

Carriage Services

H&R Block

Top-ranked dividend stocks like H&R Block (HRB), Boise Cascade (BCC), Broadcom (AVGO), Carriage Services (CSV) and Sempra Energy (SRE) that offer growth could be worth your portfolio.

5 Top-Ranked Dividend Growth Stocks Worth Your Portfolio

For second year, SoCalGas Donates $525,000 supporting small business recovery & underscoring commitment to drive positive change in diverse and underserved communities across California LOS ANGELES , June 9, 2022 /PRNewswire/ -- SoCalGas today awarded $525,000 in grants to 162 independently owned restaurants across Central and Southern California. Each restaurant received a $3,000 grant that can be used for things like equipment upgrades and employee retention programs.

SoCalGas Partners to Award 162 Local Restaurants with $3,000 Grants Through Restaurants Care Resilience Fund

Innovative project aims to tackle cost and sustainability to deliver affordable hydrogen at scale LOS ANGELES , June 8, 2022 /PRNewswire/ -- The California Energy Commission today awarded Southern California Gas Co. (SoCalGas) a $750,000 grant to pursue development of a novel hydrogen production system using biogas to create affordable, scalable, renewable hydrogen. The project will build upon innovations in modular hydrogen production technology to create a system powered by renewable electricity that can use renewable gas such as biogas from landfills, wastewater treatment plants or dairy farms as a feedstock to produce low cost clean hydrogen.

Hydrogen Innovation: SoCalGas Awarded $750,000 California Energy Commission Grant to Develop Renewable Hydrogen from Biogas

Otter Tail

U.S. market indexes had mixed performances on Wednesday morning as investors weighed news from major companies and signs that economic growth may be slowing.

5 Utilities Stocks Powering Gurus' Portfolios

Incentive funding used to upgrade central hot water system, saving over 4,000 therms of energy annually LOS ANGELES , June 7, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the completion of energy efficiency upgrades in partnership with the Retirement Housing Foundation (RHF) at The Concord affordable senior living community in Pasadena, Calif. The project was made possible through SoCalGas' Whole Building Program.

SoCalGas Partners with The Retirement Housing Foundation on Energy Efficiency Upgrades at Senior Housing Complex, The Concord

Conagra Brands

Casey's General Stores

Essex Property Trust

General Mills

Home Depot

PepsiCo

Progressive

RCI Hospitality

Turning Point Brands

With prominent voices warning about a possible downturn ahead, it's time to consider the best recession-proof stocks to buy. The post 10 Recession-Proof Stocks to Buy Right Now appeared first on InvestorPlace.

10 Recession-Proof Stocks to Buy Right Now

Closing sale of 10% non-controlling equity interest in Sempra Infrastructure Partners to subsidiary of Abu Dhabi Investment Authority for $1.73 billion Generating additional capital to fund record $36 billion capital plan SAN DIEGO , June 1, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that it has completed the sale of a 10% non-controlling interest in Sempra Infrastructure Partners (Sempra Infrastructure) for $1.73 billion in cash to a subsidiary of Abu Dhabi Investment Authority (ADIA). The transaction, previously announced in December 2021, implies an enterprise value for Sempra Infrastructure of $25.9 billion, including its proportionate ownership share of net debt of approximately $8.6 billion.

Sempra Completes Sale of Non-Controlling Interest in Sempra Infrastructure Partners

Has Sempra Energy (SRE) Outpaced Other Utilities Stocks This Year?

Sempra Energy (SRE) is a strong case for investment, given the positive estimates movement and systematic investments in developing infrastructure and strengthening operations in the global LNG market.

Reasons to Add Sempra Energy (SRE) to Your Portfolio Right Now

Contemplates terms for sale and purchase agreement for 2.25 Mtpa of LNG with a leading German energy company Advances goal of providing lower-carbon U.S. LNG to global partners DAVOS, Switzerland , May 25, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a heads of agreement (HOA) with RWE Supply & Trading, a subsidiary of RWE (RWE: AG), for the purchase of approximately 2.25 million tonnes per annum (Mtpa) of liquefied natural gas (LNG). The LNG is to be supplied on a long-term, free-on-board basis from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas.

Sempra Infrastructure and RWE Sign Heads of Agreement for U.S. LNG Supply

Cameron LNG expected to serve as anchor customer Application for injection well to store up to 2 Mtpa of CO2 filed last year HOUSTON , May 23, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has signed a participation agreement with TotalEnergies, Mitsui & Co., Ltd. and Mitsubishi Corporation for the development of the proposed Hackberry Carbon Sequestration (HCS) project in Southwest Louisiana.

Sempra Infrastructure Signs Participation Agreement with TotalEnergies, Mitsui, Mitsubishi for Carbon Sequestration Project in Louisiana

Ormat Technologies

Waste Management

Could utility stocks be a viable play amid the uncertain market?

News for Sempra Energy Stock (SRE)