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.

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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.

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SRE is essentially immune to the pandemic.

Lock In The 3.3% Dividend Yield Of Sempra Energy Before It Drops Further

Sempra Energy is a well-regarded energy infrastructure company with a solid track record of shareholder returns. Blue-Chips, Then Consider Sempra Energy

If You Like Dividend Blue-Chips, Then Consider Sempra Energy

LOS ANGELES, April 13, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today invited Los Angeles County restaurants to apply for pandemic relief through the California Restaurant Foundation's (CRF) Restaurants Care Resilience Fund. Qualifying restaurants may now apply for a $3,500 grant to help them rebound from the economic impacts of the COVID-19 pandemic.

SoCalGas Invites Los Angeles Area Restaurants to Apply for Pandemic Relief through the Restaurants Care Resilience Fund

SAN DIEGO, April 7, 2021 /PRNewswire/ -- Sempra Energy's (NYSE: SRE) Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA), plans to release its first-quarter 2021 earnings by 6 p.m.

Sempra Energy's IEnova Unit To Report First-Quarter 2021 Earnings April 28

Sempra Energy (SRE) is set to divest 20% stake of Sempra Infrastructure Partners to KKR for $3.37 billion.

Sempra Energy (SRE) to Sell Stake in Unit, Focus on LNG Growth

The utility sector remains a good place to find stocks trading with a reasonable valuation and offering a market-beating yield.

Sempra Energy: Far From a Boring Utility Company

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The utility plans to use the cash to help fund the expansion of its U.S. operations.

Sempra Energy Sells Infrastructure Stake to KKR for $3.37 Billion

Sempra Energy said Monday that it has sold a 20% non-controlling stake in Sempra Infrastructure Partners to investment firm KKR for $3.37 billion in cash. Sempra Infrastructure Partners is Sempra's new business platform.

Sempra sells 20% stake in Sempra Infrastructure Partners to KKR in $3.4 billion deal

SAN DIEGO, April 5, 2021 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that it has entered into a definitive agreement to sell a non-controlling, 20% interest in Sempra Energy's new business platform, Sempra Infrastructure Partners, to KKR for $3.37 billion in cash. KKR is a leading global investment firm.

Sempra Energy Announces Agreement To Sell Non-Controlling Interest In Sempra Infrastructure Partners

Sempra (SRE) reported earnings 30 days ago. What's next for the stock?

Why Is Sempra (SRE) Up 11% Since Last Earnings Report?

LOS ANGELES, March 23, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas), the largest gas utility in the U.S., today announced the company's bold commitment to achieve net zero greenhouse gas (GHG) emissions in its operations and delivery of energy by 2045. This commitment makes SoCalGas the largest gas distribution utility in North America to set a net zero target including scopes 1, 2, and 3 GHG emissions, which would eliminate not only its own direct emissions, but also those generated by customers' energy delivered by SoCalGas' energy infrastructure.1   SoCalGas' commitment aligns with the Paris Climate Agreement's recommendations and reflects the company's focus on supporting California with a resilient gas grid through the energy transition to support a carbon neutral economy.

Southern California Gas Company Sets Bold Net Zero Emissions Pledge

RIALTO, Calif., March 19, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and Anaergia, Inc. (Anaergia) announced today that renewable natural gas (RNG) produced from diverted landfill waste is now flowing into SoCalGas' pipeline system from the Rialto Bioenergy Facility (Facility).

UPDATE: Renewable Natural Gas Produced by Anaergia from Diverted Landfill Waste Now Flowing through SoCalGas System

RIALTO, Calif., March 18, 2021 /PRNewswire/ --  Southern California Gas Co. (SoCalGas) and Anaergia, Inc. (Anaergia) announced today that renewable natural gas (RNG) produced from household waste is now flowing into SoCalGas' pipeline system from the Rialto Bioenergy Facility (Facility).

Renewable Natural Gas Produced by Anaergia from Diverted Landfill Waste Now Flowing through SoCalGas System

LOS ANGELES, March 17, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced that last year, the company's energy efficiency programs helped conserve more energy than any other natural gas utility in the U.S. The utility invests more in energy efficiency than any other natural gas local distribution company in the country and currently operates the largest natural gas energy efficiency program. In 2020, SoCalGas' energy efficiency programs saved enough energy to power 100,000 homes in southern California for one year.

Industry-Leading SoCalGas Energy Efficiency Programs Save 40 Million Therms in 2020

LOS ANGELES, March 16, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced its donations to the Society of Extraordinary Women (SOEW) and The Pasadena Delta Foundation, Inc. (PDF) with $25,000 grants respectively to provide supplies and services to aid female high school and college minority students pursuing an education in science, technology, engineering, and math (STEM). "SoCalGas strives to create systematic change for racial equality and social justice focused on equality and inclusion.

SoCalGas Provides $50,000 in Grant Funding to Support Minority Students in the San Gabriel Valley and Inland Empire

LOS ANGELES, March 11, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced it has donated $50,000 to the Latino Restaurant Association (LRA) to support two Feeding Frontliners campaign events and the nonprofit's new Restaurant Recovery Educational Boot Camp, which will provide free business education to approximately 100 minority restaurant business owners.  The first Feeding Frontliners campaign event funded under the utility's donation was held today at Martin Luther King Jr. Community Hospital.

SoCalGas Donates $50K to Support Latino Restaurant Association's Feeding Frontliners Campaign and Restaurant Recovery Educational Boot Camp

LOS ANGELES, March 11, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the completion of nearly $1 million in energy efficiency upgrades for the 791 residents at One Quail Place Apartments, an affordable housing community in Palm Desert. The upgrades SoCalGas provided include 11 high-efficiency boilers which will supply hot water to all 384 apartment units in the community.

Palm Desert Affordable Housing Community Receives Nearly $1 Million in Energy Efficiency Upgrades Courtesy of SoCalGas Energy Savings Assistance Program

LOS ANGELES, March 9, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today opened its annual initiative to assist fleet owners operating within the South Coast Air Quality Management District (SCAQMD) apply for incentive funding to replace diesel trucks with new near-zero emissions natural gas trucks through the Carl Moyer Program. Approximately $36 million is available for eligible clean air projects within the SCAQMD's territory.

SoCalGas to Assist Local Fleet Owners in Securing Incentive Funds to Transition to Cleaner Technologies

LOS ANGELES, March 8, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) announced today the company achieved another record year of spending with over 550 diverse business enterprises in 2020—at $884.2 million, the highest in company history. SoCalGas exceeded the California...

Diverse Businesses Awarded Over $884 Million in SoCalGas Contracts in 2020, 42% of Total Spending

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SAN DIEGO, March 1, 2021 /PRNewswire/ -- During a year when the economy was devastated by the pandemic, San Diego Gas & Electric sustained small and diverse suppliers by buying more than 40 percent in goods and services from them, according to the company's newly released 2020 supplier...

SDG&E Purchased More Than 40 Percent In Goods & Services From Small & Diverse Suppliers In 2020

Sempra Energy (SRE) CEO Jeffrey Martin on Q4 2020 Results - Earnings Call Transcript

Sempra Energy's (SRE) revenues improve 7.7% year over year to $3,171 million in the fourth quarter, owing to higher contributions from its Utilities and Energy-related businesses.

Sempra Energy (SRE) Q4 Earnings Beat Estimates, Revenues Up Y/Y

DALLAS, Feb. 25, 2021 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported twelve months ended December 31, 2020 net income of $713 million compared to reported twelve months ended December 31, 2019 net income of $651 million. The $62 million year-over-year...

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