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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Sempra is one of the largest regulated utilities in the nation, serving both California and Texas. The company typically enjoys remarkably stable cash flows that are unaffected by problems in the economy. The company is positioned to deliver a 9% to 11% total average annual return going forward.

Sempra: A Well-Financed And Diverse SWAN Stock

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This monthly series ranks a selection of dividend growth stocks in Dividend Radar and presents the ten top-ranked stocks for consideration and possible investment. The stocks were selected based on quality, safety, valuation, and yield/growth criteria, with a focus on high-quality, discounted stocks with safe dividends likely to deliver annualized returns of at least 8%. I rank stocks by sorting them in descending order by quality score and using tie-breaking metrics where necessary.

10 Dividend Growth Stocks - June 2023

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By exclusively reading the headline print, one might not recognize the pressing need for stable stock picks. For example, as CBS News recently pointed out, the bear market is finally over.

3 Stocks that Make Sense in a Confusing Market

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Investors should watch utilities like ATO, NJR and DTE, with decent dividend yields and plans of increasing the same. These companies are likely to generate stable returns over the long run.

3 Dividend-Paying Gas Distribution Stocks for Steady Income

METRON machine learning technology helped digitize and optimize operations and identify opportunities for increased efficiency and reduced greenhouse gas emissions LOS ANGELES , June 15, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) is announcing the results of a machine learning project that helped an industrial customer achieve $150,000 in annual, recurring energy savings and nearly 1,000 metric tons of annual CO2 reductions, all through an initial setup cost of just $100,000. Thanks to this technology, The Gill Corporation has cut its yearly utility bill by 6 percent, while also reducing CO2 – equivalent to avoiding 112,524 gallons of gasoline consumed annually.

SoCalGas Machine Learning Project Achieves $150,000 Annual Savings, Nearly 1,000 Metric Tons of Annual CO2 Reductions For Industrial Customer

For the third year in a row, SoCalGas has participated in the Restaurants Care Resilience Fund by donating $1,000,000 to support small businesses and drive positive change in diverse and underserved communities across California LOS ANGELES , June 13, 2023 /PRNewswire/ -- 89 independently owned restaurants across Central and Southern California received $5,000 grants from the California Restaurant Foundation's (CRF) Restaurants Care Resilience Fund. Each restaurant receiving a grant can use the funds for equipment and technology upgrades, unforeseen hardship, employee retention bonuses and employee training, allowing California's independent restaurant owners to continue their businesses during challenging times.

89 Local Restaurants Receive Assistance Grants Through Restaurants Care Resilience Fund

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Ordinarily, a blisteringly hot jobs report wouldn't inspire discussions about stocks to buy before crash. Essentially, the latest employment readout suggested that more money chases after fewer goods.

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Vanguard High Dividend Yield ETF

There are 20 stocks on my high yield watchlist for June 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks underperformed the Vanguard High Yield Dividend ETF by about 1.5% during the month of May.

High Yield Stock Watchlist: June 2023

Ameren

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Jefferies & Co. offered a list of the top 10 companies with low cash and high near-term debt maturities this week that it's advising investors to avoid.

Too much debt coming due and not much cash on hand: These 10 companies face a rough year ahead

Sirius Real Estate said it completed the early refinancing of its €58.3mln debt facility with Deutsche Pfandbriefbank seven months before the due date. A statement from the owner and operator of business and industrial parks said the refinancing comprises a seven-year €58.3mln facility with a fixed interest rate of 4.25%.

Sirius Real Estate completes early refinancing of debt

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With the economy facing the prospect of a recession irrespective of the at-time-of-writing debt ceiling drama, investors may want to consider the top dividend stocks for future generations. Fundamentally, companies that enjoy a long track record of success (and facilitating passive income) stand a better chance of weathering the storm.

The 7 Best Dividend Stocks to Buy for Your Grandchildren

Award recognizes innovators in clean energy and decarbonization LOS ANGELES , May 25, 2023 /PRNewswire/ -- Southern California Gas Co.'s (SoCalGas) Research, Development and Demonstration (RD&D) department has been recognized as the "Silver Winner" in the category of "Clean Energy Investment Leader of the Year" from the Cleanie Awards. The Cleanie Awards are a cleantech industry awards program focused on honoring innovators, accelerators and disruptors who are creating market-moving climate solutions.

SoCalGas Receives Honor for "Clean Energy Investment Leader of the Year" from The Cleanie Awards

Gas Assistance Fund has distributed over $2 million dollars, helping over 10,000 families. Approximately $3 million dollars remain to support eligible residential customers pay for their natural gas.

Grants of Up to $500 Still Available to Help Customers Pay Gas Bill

Ranked fourth in the nation among regional employers for diversity Named among the Top Companies for Philanthropy by DiversityInc SAN DIEGO , May 23, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named the top-ranked utility company in the U.S. for diversity, beating out its peers to earn the No. 1 spot on DiversityInc's Top Utilities list for 2023.

Sempra Ranked No. 1 Employer for Diversity Among U.S. Utilities by DiversityInc

The report highlights the progress SoCalGas has made to accelerate the transition to clean energy, improve local air quality, increase clean energy access and affordability, and advance a diverse, equitable, and inclusive culture while achieving world class safety. LOS ANGELES , May 23, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today published its section of parent company Sempra's 2022 Corporate Sustainability Report detailing SoCalGas' dedication towards advancing the clean energy transition, environmental benefits, social equity, as well as the safety and well-being of its customers, employees, and the communities it serves.

SoCalGas Highlights Several Milestones Advancing the Company's ASPIRE 2045 Sustainability Strategy in 2022 Corporate Sustainability Report

Twenty-five years advancing sustainable business practices Investments powering a lower-carbon future Achievements progressing across four sustainability pillars SAN DIEGO , May 15, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today released its 2022 Corporate Sustainability Report highlighting its commitment to sustainable business practices designed to drive growth and advance the company's mission to be North America's premier energy infrastructure company.   "Sustainable business practices have been championed by our employees since our company's founding 25 years ago, creating a long-lasting positive impact for all we are privileged to serve," said Jeffrey W.

Sempra Shaping a Better Future for Generations to Come

Procter & Gamble

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Although I'm not trying to alarm anyone, investors may want to consider so-called crash-proof stocks. These are enterprises that enjoy both analyst support and command reliable, predictable businesses.

7 Must-Buy Stocks to Create a Crash-Proof Portfolio

Sempra Energy (NYSE:SRE ) Q1 2023 Earnings Conference Call May 4, 2023 12:00 PM ET Company Participants Glen Donovan - VP, IR Jeffrey Martin - Chairman, President & CEO Trevor Mihalik - CFO & EVP Justin Bird - CEO Kevin Sagara - EVP & Group President, California Utilities Conference Call Participants Shahriar Pourreza - Guggenheim Securities Steven Fleishman - Wolfe Research Julien Dumoulin-Smith - Bank of America Merrill Lynch Durgesh Chopra - Evercore ISI Jeremy Tonet - JPMorgan Chase & Co. Operator Good day, and welcome to Sempra's First Quarter Earnings Call. Today's conference is being recorded.

Sempra Energy (SRE) Q1 2023 Earnings Call Transcript

Sempra's (SRE) first-quarter 2023 earnings and revenues surpass estimates. The top line increases on a year-over-year basis.

Sempra (SRE) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Sempra (SRE) came out with quarterly earnings of $2.92 per share, beating the Zacks Consensus Estimate of $2.76 per share. This compares to earnings of $2.91 per share a year ago.

Sempra (SRE) Surpasses Q1 Earnings and Revenue Estimates

Receives Final Order in Base Rate Case Announces 2023-2027 Capital Expenditure Plan of Approximately $19 Billion Experiences Continued Service Territory Growth and Improved Reliability Maintains Ample Liquidity DALLAS , May 4, 2023 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended March 31, 2023 net income of $103 million compared to reported three months ended March 31, 2022 net income of $194 million. The $91 million quarter-over-quarter decrease was driven by a write-off of certain rate base disallowances recorded in the first quarter of 2023 resulting from the Public Utility Commission of Texas' ("PUCT") final order in Oncor's comprehensive base rate review, lower revenues from decreased customer consumption attributable primarily to milder weather and increases in costs associated with additional investments (primarily depreciation and borrowing costs) and higher operation and maintenance expense, partially offset by higher revenues from updates to base transmission billing factors, transmission rate updates to reflect increases in invested capital and customer growth.

ONCOR REPORTS FIRST QUARTER 2023 RESULTS

Finalizes base rate review at Oncor Announces $4 billion increase to Oncor's five-year capital plan Updates Sempra's five-year capital plan to $40 billion Issues full-year 2024 EPS guidance range of $9.10 to $9.80 SAN DIEGO , May 4, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced first-quarter 2023 earnings of $969 million, or $3.07 per diluted share, compared to first-quarter 2022 earnings of $612 million, or $1.93 per diluted share. On an adjusted basis, the company's first-quarter 2023 earnings were $922 million, or $2.92 per diluted share, compared to $924 million, or $2.91 per diluted share, in 2022.

Sempra Reports First-Quarter 2023 Earnings Results

Company named a top energy infrastructure employer by Forbes SAN DIEGO , April 27, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) is one of 'America's Best Employers for Diversity' according to Forbes, marking the fifth consecutive year the company earned a spot on the annual list. Notably, Sempra ranked 28 out of 500 companies on the list, higher than all other utility holding companies.

Sempra Recognized Among 'America's Best Employers for Diversity'

Sempra (SRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Sempra (SRE) Q1 Earnings Expected to Decline

Project, in partnership with GTI Energy, the University of California, Irvine, and the Electric Power Research Institute, will examine costs, safety and emissions reductions   LOS ANGELES , April 25, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) is collaborating with GTI Energy to study the use of hydrogen and hydrogen blending in hard-to-decarbonize commercial and industrial processes, continuing its efforts to help the company and California achieve net-zero aspirations. The aim of the project is to study the use of hydrogen in heavy equipment, blended with natural gas up to 100 percent hydrogen, with an emphasis on end-uses that cannot easily be electrified.

SoCalGas Partners on Project Seeking to Decarbonize Commercial, and Industrial Uses with Hydrogen and Hydrogen Blending

News for Sempra Energy Stock (SRE)