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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Achieved Strong Safety and Operational Results Targeting Port Arthur LNG Phase 1 FID Q1-2023 Affirming 2023 EPS Guidance Range Reiterating Long-Term 6-8% Compound Annual EPS Growth Rate SAN DIEGO , Feb. 28, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported fourth-quarter 2022 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $438 million or $1.39 per diluted share, compared to GAAP earnings of $604 million or $1.90 per diluted share in the fourth quarter of 2021. On an adjusted basis, fourth-quarter 2022 earnings were $743 million or $2.35 per diluted share, compared to $688 million or $2.16 per diluted share in the fourth quarter of 2021.

Sempra Reports Fourth-Quarter 2022 Business Results

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The dividend increases continued to come fast and furious in February. Home Depot and Silgan both announced 10%+ increases as Genuine Parts and Walmart extended their dividend growth records.

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Sempra's (SRE) Q4 results are likely to reflect benefits of growing transmission interconnection requests in Oncor as well as impacts of Aliso Canyon storage leak settlement finalization.

What's in the Cards for Sempra Energy (SRE) in Q4 Earnings?

Sempra (SRE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Sempra (SRE) This Earnings Season?

Company shareholders provide additional funding to increase assistance programs to help customers in need.   SAN DIEGO , Feb. 27, 2023 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) announced today that it is providing $16 million in shareholder funding to help customers with bill assistance and bolster community resources for residents who may be struggling financially.

SDG&E ANNOUNCES $16 MILLION IN RELIEF FOR CUSTOMERS AND COMMUNITY ASSISTANCE FUNDING

Thousands newly eligible for winter bill assistance after SoCalGas bolsters United Way's Gas Assistance Fund with historic $5 million contribution  $4 million will revive Fueling Our Communities – a collaboration with local nonprofits that has provided free meals and groceries to tens of thousands of Californians since 2020  $1 million in aid to small restaurant owners through the Restaurants Care Resilience Fund LOS ANGELES , Feb. 27, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced $10 million in shareholder funding to help customers with bill assistance and to bolster community resources for those who may be struggling financially. The company committed $5 million in shareholder funding to the Gas Assistance Fund, a program administered by the United Way that provides income-qualified customers with one-time grants to help pay their natural gas bills.

SoCalGas Announces $10 Million to Support Low-Income Families, Seniors and Small Restaurant Owners Impacted by Unprecedented Regional Gas Market Prices

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About 82% of the companies in the S&P 500 announced their Q4 2022 numbers as of last week.

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SAN DIEGO , Feb. 21, 2023 /PRNewswire/ -- Sempra Foundation, founded and funded by Sempra (NYSE: SRE) (BMV: SRE), is helping to advance energy access and emissions reductions for environmental justice and indigenous communities in Mexico through a $1.1 million donation to Tijuana, Baja California-based nonprofit Fundación Mozcalti to provide these communities with cleaner cookstoves and other clean energy assets. Once all installations are completed, the projects are anticipated to benefit over 40,000 people in more than 60 communities in the Mexican states of Baja California, Sonora, Michoacan, Chiapas, Oaxaca, Veracruz and Morelos.

Sempra Foundation Helps Bring Cleaner Cookstoves to Indigenous and Environmental Justice Communities Across Mexico

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Throughout 2022, investors quickly recognized that success for stocks to buy centered on entities that could ride out rising prices. Now, investors may need to strategize for the opposite scenario: the Federal Reserve continuing to hike benchmark interest rates to get inflation under control.

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Utilities like Sempra Energy (SRE), Edison International (EIX), DTE Energy (DTE), and NiSource (NI) are expected to beat fourth-quarter earnings estimates.

4 Utilities Set to Surpass Estimates This Earnings Season

Sempra (SRE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Sempra (SRE) is Poised to Beat Earnings Estimates Again

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After some signs of an attempt to soothe brewing bitterness, a suspected spy balloon flying over much of the continental U.S. dramatically pressured U.S.-China relations, in turn suggesting that investors need to adjust their stocks to buy accordingly. Essentially, market participants must focus on the essentials as economic consequences may erupt from the flareup in tensions.

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Market conditions improve: critical out-of-state pipeline service restored; experts also cite improved weather conditions and related decrease in natural gas demand as contributing to lower market prices SoCalGas continues to encourage customers to conserve as natural gas markets remain sensitive to changing weather and maintenance updates LOS ANGELES , Feb. 15, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today provided customers with an update on natural gas prices across the West Coast. After a significant drop from unprecedented January natural gas commodity prices, market prices for March, 2023 are currently trending closer to 2022 prices.

SoCalGas Updates Customers on Current Natural Gas Prices

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Utility stocks are considered to be a stable investment because the demand for utility services is usually steady, even during a recession.

5 Best and Worst Performing Utility Stocks in January 2023

SAN DIEGO , Feb. 6, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the Bloomberg Gender-Equality Index (GEI), which recognizes public companies that demonstrate workforce diversity and inclusion (D&I) and transparency in gender-data reporting. Companies in the GEI reflect a high level of disclosure and overall performance across five pillars of excellence, including leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies and external brand.

Sempra Named to 2023 Bloomberg Gender-Equality Index for Fifth Consecutive Year

DALLAS , Feb. 6, 2023 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its fourth quarter and year end 2022 results on February 28, prior to Sempra's (NYSE: SRE) (BMV: SRE) fourth quarter and year end 2022 conference call. Oncor's earnings release will be available on Oncor's website, oncor.com.

ONCOR TO RELEASE 2022 RESULTS FEBRUARY 28

SAN DIEGO , Feb. 3, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its fourth-quarter and full-year 2022 earnings by 7 a.m. ET, Tuesday, Feb. 28.

Sempra to Report Fourth-Quarter and Full-Year 2022 Earnings February 28

SoCalGas residential customers will receive a one-time California Climate Credit of $50.77 in February or March, depending on their billing cycle LOS ANGELES , Feb. 2, 2023 /PRNewswire/ -- The California Public Utilities Commission (CPUC) today approved the acceleration of the California Climate Credit for Southern California Gas Company (SoCalGas) customers in response to the unprecedented natural gas prices impacting the Western United States. SoCalGas' residential customers will receive a credit of $50.77 in their February or March bill.

CPUC Approves Accelerated Climate Credit for SoCalGas Residential Customers

SAN DIEGO , Feb. 2, 2023 /PRNewswire/ --  Sempra (NYSE: SRE) (BMV: SRE) has been named one of the World's Most Admired Companies for 2023 by Fortune Magazine, marking the 13th year the company is on this prestigious list. Fortune's annual list of World's Most Admired Companies recognizes global businesses with strong corporate reputations.

Sempra Recognized Among World's Most Admired Companies by Fortune Magazine

This type of clean hydrogen microgrid has the potential to deliver reliable and renewable energy around-the-clock to more than 100 homes, rain or shine, for as much as seven days LOS ANGELES , Jan. 30, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) Chief Executive Officer Scott Drury was joined today by Lieutenant Governor Eleni Kounalakis to unveil and officially power on the [H2] Innovation Experience ([H2]IE), North America's first-of its kind, clean, renewable hydrogen microgrid and home. The [H2] Innovation Experience offers a look at how clean, renewable hydrogen microgrids can reliably power entire neighborhoods, day and night throughout the year.

Lieutenant Governor Kounalakis Joins SoCalGas to Unveil First-of-its-Kind [H2] Innovation Experience

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When faced with economic uncertainty, investors should turn their attention to utility stocks to buy. Hardly an exciting arena, these critical service providers literally keep societies running.

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Required offtake capacity for Port Arthur LNG Phase 1 is fully subscribed HOUSTON , Jan. 25, 2023 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a long-term sale and purchase agreement (SPA) with PKN ORLEN S.A., which recently acquired the Polish Oil & Gas Company (PGNiG), for the supply of liquefied natural gas (LNG) from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas.

Sempra Infrastructure and PKN ORLEN Sign Sale and Purchase Agreement for Port Arthur LNG

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Though many investors may be reeling from the wild events of 2022, patient market participants can use this time to target compelling opportunities among retirement stocks to own this year. Fundamentally, the geopolitical crisis in Eastern Europe sparked a ripple effect across the world.

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Although information from the Dec. Consumer Price Index may seemingly bode well for costs-of-living dynamics, inflation-fighting stocks to buy is still a good idea. For one thing, it's probably not wise to make wholesale strategy changes based on a month's worth of data.

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SAN DIEGO , Jan. 12, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the prestigious JUST 100 list by JUST Capital, an independent nonprofit organization dedicated to measuring and improving corporate stakeholder performance. The rankings are intended to be a comprehensive evaluation of how corporations perform on issues that matter most to the American public, such as job creation and paying a fair, living wage, acting ethically, leadership integrity, accountability, workforce health and safety and work-life balance.

Sempra Named to JUST 100 List for America's Most JUST Companies of 2023

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