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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CO2 emissions avoided over last three years are equivalent to eliminating nearly 31 million gallons of gasoline LOS ANGELES , May 9, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) has renewed a program to supply renewable natural gas (RNG) to all 32 of the company's fueling stations, along with six in the San Diego area, signing three-year contracts with suppliers U.S. Gain and Element Markets as demand continues to grow. In April 2019, SoCalGas began replacing traditional compressed natural gas at fueling stations with RNG to help reduce greenhouse gas emissions and meet California's climate goals.

SoCalGas Renews Program to Deliver Renewable Natural Gas to Vehicle Fueling Stations

Sempra Energy (NYSE:SRE ) Q1 2022 Earnings Conference Call May 5, 2022 12:00 PM ET Company Participants Glen Donovan - IR Jeffrey Martin - Chairman, President & CEO Lisa Alexander - SVP, Corporate Affairs & Chief Sustainability Officer Allen Nye - CEO & Director, Oncor Electric Delivery Company Justin Bird - CEO Faisel Khan - SVP, Finance Trevor Mihalik - CFO & EVP Conference Call Participants Shahriar Pourreza - Guggenheim Securities Durgesh Chopra - Evercore ISI Steven Fleishman - Wolfe Research Jeremy Tonet - JPMorgan Chase & Co. Julien Dumoulin-Smith - Bank of America Merrill Lynch Michael Lapides - Goldman Sachs Group Nicholas Campanella - Crédit Suisse Paul Patterson - Glenrock Associates Anthony Crowdell - Mizuho Securities Ryan Levine - Citigroup Operator Good day, ladies and gentlemen. Welcome to the Sempra first quarter earnings call.

Sempra Energy (SRE) CEO Justin Bird on Q1 2022 Results - Earnings Call Transcript

Sempra Energy's (SRE) Q1 adjusted earnings beat the Zacks Consensus Estimate by 4.3% and the top line improves by 21.2% year over year. Total revenues increase 17.2% year over year.

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

Sempra (SRE) delivered earnings and revenue surprises of 1.75% and 10.83%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Sempra (SRE) Q1 Earnings and Revenues Beat Estimates

Continues to Grow Service Territory Maintains Ample Liquidity Rate Case Update DALLAS , May 5, 2022 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended March 31, 2022 net income of $194 million compared to net income of $168 million in the three months ended March 31, 2021. Oncor's $26 million quarter-over-quarter net income improvement was driven by increases in revenues from updates to base transmission and distribution rates to reflect increases in invested capital, higher customer consumption and customer growth, partially offset by increases in costs associated with additional investments (primarily depreciation, property taxes and borrowing costs) and increases in operation and maintenance expense.

ONCOR REPORTS SOLID FIRST QUARTER 2022 RESULTS

SAN DIEGO, May 5, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced first-quarter 2022 earnings of $612 million, or $1.93 per diluted share, compared to first-quarter 2021 earnings of $874 million, or $2.87 per diluted share. On an adjusted basis, the company's first-quarter 2022 earnings were $924 million, or $2.91 per diluted share, compared to $900 million, or $2.95 per diluted share, in 2021.

Sempra Reports First-Quarter 2022 Earnings Results

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Highlighting sustainable business practices Outlining alignment with relevant United Nations Sustainable Development Goals Updating progress on environmental, social and governance practices SAN DIEGO , April 29, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today released its 2021 Corporate Sustainability Report highlighting the company's sustainable business practices in support of its five-year, $36 billion capital plan to advance new investments in critical energy infrastructure. "As the owner and operator of one of North America's largest energy networks, we have a critical role to play in advancing energy security, future economic growth and the development of a lower-carbon society," said Jeffrey W.

Sempra Announces 2021 Corporate Sustainability Report

SAN DIEGO , April 26, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the top 100 on Forbes' list of 'America's Best Employers for Diversity' for 2022. This marks the fourth consecutive year that the company has been recognized on the Forbes' list as a top workplace for diversity.

Sempra Named to 'America's Best Employers for Diversity' Top 100 List

Drury joins influential leaders of companies from 25 different countries LOS ANGELES , April 25, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced its Chief Executive Officer, Scott Drury, was recently selected to join the Wall Street Journal's CEO Council. The Wall Street Journal CEO Council brings together the most influential decision makers from around the world.

SoCalGas Chief Executive Officer Scott Drury Joins Prestigious Wall Street Journal CEO Council

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Over 900 native plants placed by employees during Environmental Champions event honoring Earth Day HOUSTON , April 22, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), announced today a $50,000 contribution to Memorial Park Conservancy in support of the organization's ongoing efforts to enhance environmental infrastructure, stormwater management and establishment of resilient ecologies in Houston's largest urban wilderness and recreation park. "We are excited to continue supporting Memorial Park Conservancy in its beautification and restoration activities for the second year," said Brian Lloyd, regional vice president of external affairs and communications for Sempra Infrastructure.

Sempra Infrastructure Contributes $50,000 To Enhance Memorial Park Landscape

SAN DIEGO--(BUSINESS WIRE)--San Diego Gas & Electric (SDG&E) has completed the Ramona microgrid, one of four planned microgrids within the High Fire Threat District. The Ramona facility will provide backup power to the Ramona Air Attack Base, home to CAL FIRE and U.S. Forest Service's aerial firefighting assets dedicated to protecting rural communities. The microgrid produces zero emissions as it's powered by 500/kW/2000kWh of battery storage. It was built in collaboration with the two

SDG&E Completes Ramona Microgrid in Partnership With CAL FIRE and U.S. Forest Service

DALLAS , April 14, 2022 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its first quarter 2022 results on May 5, prior to Sempra's (NYSE: SRE) (BMV: SRE) first quarter 2022 conference call. Oncor's earnings release will be available on Oncor's website, oncor.com.

ONCOR TO RELEASE FIRST QUARTER 2022 RESULTS MAY 5

SAN DIEGO , April 14, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its first-quarter 2022 earnings by 7 a.m. ET, Thursday, May 5.

Sempra to Report First-Quarter 2022 Earnings May 5

Grants will support equipment upgrades, employee retention, and deferred maintenance, for local-owned restaurants LOS ANGELES , April 11, 2022 /PRNewswire/ -- SoCalGas today announced a second $525,000 donation to the California Restaurant Foundation's (CRF) Restaurants Care Resilience Fund. Last year, SoCalGas co-founded the Fund to help small businesses recovering from the Covid-19 pandemic and was also a leading donor, committing $525,000 in 2021.

SoCalGas Champions Restaurant Recovery with Additional $525,000 in Support for the Restaurants Care Resilience Fund

NextDecade

Two U.S. liquefied natural gas (LNG) developers have asked the Federal Energy Regulatory Commission (FERC) for more time to build proposed Texas LNG projects.

NextDecade, Sempra seek extensions to build Texas LNG projects

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SAN DIEGO--(BUSINESS WIRE)-- #SustainableSDGE--One of the biggest challenges facing the San Diego region and California is how to decarbonize key economic sectors over the next two decades, while also helping to ensure electric reliability, affordability and equity. A study released today by San Diego Gas & Electric offers recommendations designed to help meet the monumental challenge of achieving California's goal of carbon neutrality by 2045 – removing as much carbon emissions from the atmosphere as the sta

SDG&E Releases Decarbonization Roadmap With First Utility Industry Standard Reliability Analysis

Sets commercial framework for expansion and offtake Advances development with selection of two contractors to conduct front-end engineering and design SAN DIEGO , April 4, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), announced today it has entered into a Heads of Agreement (HOA) with affiliates of TotalEnergies, Mitsui & Co. and Japan LNG Investment, LLC, a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK), for the development of the Cameron LNG Phase 2 export project in Hackberry, Louisiana. "We are excited to continue advancing Cameron LNG Phase 2 with our partners," said Justin Bird, CEO of Sempra Infrastructure.

Sempra Infrastructure Announces Heads of Agreement with TotalEnergies, Mitsui, Mitsubishi and NYK for Cameron LNG Phase 2

SAN DIEGO , April 4, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), and Korea Gas Corporation (KOGAS) announced today the companies have entered into a memorandum of understanding (MOU) to explore opportunities to cooperate in the global energy transition to lower-carbon and zero-carbon fuels. The MOU contemplates the companies' joint collaboration around project development and offtake across multiple business areas, including liquefied natural gas (LNG), carbon capture and sequestration, and hydrogen infrastructure.

Sempra Infrastructure and KOGAS Sign MOU Exploring New Infrastructure Opportunities for Energy Transition

SAN DIEGO , April 1, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that Glen Donovan, currently vice president of development for Sempra Infrastructure's LNG and net-zero solutions business, has been appointed vice president of investor relations for Sempra. Manuela "Nelly" Molina, Sempra's current vice president of investor relations, has been named vice president of audit services effective April 2, 2022.

Glen Donovan Appointed Vice President of Investor Relations for Sempra

Sempra's (SRE) subsidiary,SoCalGas,announces that it is likely to begin the construction of electric vehicle chargers at the company's various locations and facilities as part of its zero-emission fleet goal.

Sempra (SRE) Arm to Install 240 EV Chargers, Boost E-fleet

SAN DIEGO , March 31, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) and TotalEnergies today announced that Sempra Infrastructure, a subsidiary of Sempra, and TotalEnergies are expanding their North American strategic alliance through two memoranda of understanding (MOU): one for Sempra Infrastructure's proposed Vista Pacífico LNG project in Mexico; and a second MOU for a proposed offshore wind project in California under development by TotalEnergies, as well as other renewable energy and energy storage projects under development by Sempra Infrastructure in Northern Mexico. The MOU for Vista Pacífico LNG contemplates TotalEnergies potentially contracting for approximately one-third of the long-term export production of the liquefied natural gas (LNG) facility under development on Mexico's West Coast, as well as TotalEnergies' potential participation as a minority equity investor in the project.

News for Sempra Energy Stock (SRE)