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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HOUSTON , Dec. 28, 2022 /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 RWE Supply & Trading, a subsidiary of RWE (RWE: AG), for the supply of approximately 2.25 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas. The LNG will be delivered on a free-on-board basis for 15 years.

Sempra Infrastructure Announces Sale and Purchase Agreement with RWE for Port Arthur LNG

HOUSTON , Dec. 22, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced that Energía Costa Azul, S. de R.L. de C.V.

Sempra Infrastructure Receives Export Licenses for Two LNG Projects

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SAN DIEGO , Dec. 21, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced it has been named to the Dow Jones Sustainability North America Index (DJSI North America) for the 12th consecutive year. The company was recognized as a high performer in the utilities sector and achieved 100th percentile scores in the policy influence, information security and/or cybersecurity and water-related risk categories.

Sempra Named to Dow Jones Sustainability North America Index for 12th Consecutive Year

SAN DIEGO--( BUSINESS WIRE )--To advance its own and California's goals to reach net zero emissions by 2045, San Diego Gas & Electric (SDG&E) has electrified more than 20% of its over-the-road fleet and is on track to reach 100% electrification of its passenger cars, pickup trucks and sport utility vehicles by 2030. This puts SDG&E well on its way to achieve its goal of operating a fully zero-emissions fleet by 2035, ahead of state mandates.

SDG&E Well on Its Way to Achieving a Fully Zero-emissions Fleet

SAN DIEGO , Dec. 19, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) is the highest-ranked utility on the Wall Street Journal's Management Top 250 ranking for 2022. The Management Top 250 is one of the most prestigious ranking efforts dedicated to measuring corporate effectiveness.

Sempra Ranked Top Utility on Wall Street Journal's Best-Managed Companies for 2022

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California Regulator Determines: Angeles Link, "has the potential to decarbonize the state's and the Los Angeles Basin's energy use." "Public interest is served if SoCalGas begins conducting a feasibility study of the Project immediately.

SoCalGas Achieves Important Milestone in Advancing Proposed Angeles Link Green Hydrogen Infrastructure System

Jim Cramer advised investors to consider adding shares of “steady-eddy” utility companies to their portfolios for their dependability.

Jim Cramer says Constellation Energy and Sempra Energy are dependable utility stocks

SAN DIEGO , Dec. 12, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced it has been recognized by Newsweek as one of "America's Most Responsible Companies" for 2023, earning this distinction for the fourth consecutive year. "This prestigious recognition is a reflection of our commitment to sustainable business practices that help drive high performance, capture new opportunities and deliver long-term sustainable value for our shareholders and other stakeholders," said Lisa Alexander, senior vice president of corporate affairs and chief sustainability officer for Sempra.

Sempra Named One of Newsweek's Most Responsible Companies for Fourth Consecutive Year

Award recognizes SoCalGas' commitment to sustainability through projects that demonstrate exemplary performance. LOS ANGELES , Dec. 9, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) has been awarded the U.S. Green Building Council - Los Angeles' (USGBC-LA) Sustainable Innovation Award in the category of "Energy and Operational Carbon" for its soon-to-be-completed [H2] Innovation Experience microgrid demonstration project in Downey, California.

SoCalGas Receives Sustainable Innovation Award from U.S. Green Building Council - Los Angeles for [H2] Innovation Experience Project

HOUSTON , Dec. 6, 2022 /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 ENGIE S.A. for the supply of liquefied natural gas (LNG) from Phase 1 of its proposed Port Arthur LNG project under development in Jefferson County, Texas.

Sempra Infrastructure Announces Agreement with ENGIE for Supply of U.S. LNG from Port Arthur LNG Phase 1

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Sempra's (SRE) subsidiary, Sempra Infrastructure, signs a 20-year sale and purchase agreement with INEOS for LNG.

Sempra (SRE), INEOS Sign a Long-Term Agreement for LNG Supply

HOUSTON , Dec. 1, 2022 /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 INEOS, for the supply of liquefied natural gas (LNG) from Phase 1 of its Port Arthur LNG project under development in Jefferson County, Texas. Under the SPA, INEOS has agreed to purchase approximately 1.4 million tonnes per annum (Mtpa) of LNG delivered free-on-board from the proposed Phase 1 liquefaction project for a term of 20 years.

Sempra Infrastructure Announces Sale and Purchase Agreement with INEOS for Port Arthur LNG Phase 1

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SAN DIEGO , Nov. 29, 2022 /PRNewswire/ -- The U.S. Chamber of Commerce Foundation has recognized the charitable achievements of Sempra Foundation, a 501(c)(3) charitable organization founded and endowed by Sempra (NYSE: SRE) (BMV: SRE), for Best Community Improvement Program as part of its 23rd Annual Citizens Awards. The Citizens Awards recognize purpose-driven businesses for taking a leadership role in helping solve the world's biggest challenges and recognize innovative and impactful corporate citizenship initiatives that are raising the bar on social responsibility and accelerating momentum for a more equitable and sustainable future.

Sempra Foundation Wins U.S. Chamber of Commerce Foundation's Top Honor for Corporate Citizenship

Sempra Energy recently announced very strong Q3 results and raised its FY22 guidance as well. The company also inked two big HOA off-take agreements with Williams and Conoco Phillips related to its proposed Gulf Coast LNG projects (FID expect in Q1 FY23).

Sempra Energy Pivots To LNG, But ConocoPhillips Is The Better Angle

Sempra's (SRE) subsidiary, Sempra Infrastructure, secures an agreement with ConocoPhillips involving the purchase and sale of LNG from Phase 1 of the Port Arthur LNG project.

Sempra (SRE) Clinches Agreement With ConocoPhillips for LNG

ConocoPhillips

SAN DIEGO , Nov. 22, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips (NYSE: COP) have executed a 20-year Sale and Purchase Agreement (SPA) for 5 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from Phase 1 of the proposed Port Arthur LNG project under development in Jefferson County, Texas. The parties have also entered into an equity sale and purchase agreement whereby ConocoPhillips will acquire 30% of the equity in Phase 1 of Port Arthur LNG, and a natural gas supply management agreement whereby ConocoPhillips will manage the feedgas supply requirements for Phase 1 of the proposed liquefaction facility.

Sempra Announces Strategic Partnership with ConocoPhillips for Port Arthur LNG

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SoCalGas and Captura Begin Testing Innovative Direct Ocean Carbon Removal Technology

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In 2021 SoCalGas set a record with 42% - nearly $1 billion – of all our goods and services purchased from women, minority, LGTBQ, and disabled veteran business enterprises LOS ANGELES , Nov. 18, 2022 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today announced that Chief Executive Officer, Scott Drury, was named 2022 CEO Diversity Champion by the Southern California Minority Supplier Development Council (SCMSDC), which represents more than 1,500 certified minority-owned businesses and is the leading minority business certifying organization in Southern California. Mr. Drury was recognized by SCMSDC for embodying "the leadership needed to advance diversity and inclusion in contracting," and for featuring supplier diversity as a centerpiece of SoCalGas'  ASPIRE 2045 sustainability strategy.

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SAN DIEGO--( BUSINESS WIRE )--Every day, 3.6 million people in San Diego and southern Orange counties depend on San Diego Gas & Electric Company (SDG&E) to provide reliable energy service to their homes and businesses. In recognition of SDG&E's continued superior performance and innovation in the utility industry, PA Consulting honored the company with two of its most prestigious awards: Outstanding Reliability Performance in the West Region Metropolitan Service Area (also known as the “Best in the West”) and Outstanding Grid Sustainability.

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