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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bank of New York Mellon

Citizens Financial Group

Entergy

International Flavors & Fragrances

The T Rowe Price Equity Income Fund (Trades, Portfolio) bought shares of the following stocks during the first quarter of 2021, which ended on March 31.

The T Rowe Price Equity Income Fund's Top Buys

Sempra Energy (SRE) CEO Jeff Martin on Q1 2021 Results - Earnings Call Transcript

Sempra Energy's (SRE) first-quarter revenues of $3,029 million increase 4.5% year over year on higher contributions from the Utilities business.

Sempra Energy (SRE) Q1 Earnings Top Estimates, Revenues Up Y/Y

Sempra (SRE) delivered earnings and revenue surprises of 6.50% and 3.08%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Sempra (SRE) Beats Q1 Earnings and Revenue Estimates

SAN DIEGO, May 5, 2021 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced first-quarter 2021 earnings of $874 million, or $2.87 per diluted share, compared to first-quarter 2020 earnings of $760 million, or $2.53 per diluted share. On an adjusted basis, the company's first-quarter 2021 earnings were $900 million, or $2.95 per diluted share, compared to $741 million, or $2.47 per diluted share, in the first quarter of 2020.

Sempra Energy Reports Strong First-Quarter 2021 Earnings Results

Analysts have provided the following ratings for Sempra Energy (NYSE:SRE) within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 1 0 0 Somewhat Bullish 0 0 0 0 Indifferent 1 1 1 0 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 8 analysts offering 12-month price targets in the last 3 months for Sempra Energy evaluate the company at an average price target of $146.0 with a high of $157.00 and a low of $141.00.

What 8 Analyst Ratings Have To Say About Sempra Energy

Sempra Energy's (SRE) Q1 results are expected to reflect favorable weather pattern. Yet wildfire-related costs might have weighed on its earnings.

What's in the Cards for Sempra Energy (SRE) in Q1 Earnings?

SAN DIEGO, April 30, 2021 /PRNewswire/ -- Sempra Energy (NYSE: SRE) has been named to Forbes' "America's Best Employers for Diversity" list for 2021, marking the third consecutive year that the company has been recognized. Sempra Energy ranked 79th out of 500 companies this year, up from 328th last year, and was the second highest-ranking employer in the utility industry.

Sempra Energy Named One Of 'America's Best Employers For Diversity' By Forbes

SAN DIEGO, April 28, 2021 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today released its 2020 Corporate Sustainability Report, highlighting the company's actions to create long-term value for shareholders and other stakeholders by managing risks and capturing opportunities related to environmental, social and governance (ESG) factors. The company's actions are anchored to its four key sustainability pillars: Achieving world-class safety; Enabling the energy transition; Driving resilient operations; and Championing people.

Sempra Energy Releases 2020 Corporate Sustainability Report

LOS ANGELES, April 27, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the company will provide $200,000 in funding for Zero Emission Industries' (ZEI), formerly Golden Gate Zero Emission Marine, hydrogen fuel cell technology project that aims to develop a zero emissions solution for small commercial marine vessels by modifying a commercial boat with a hydrogen fuel cell in place of a combustion engine. Once brought to market, the fuel cell technology could vastly reduce greenhouse gas (GHG) emissions and air pollution from thousands of small commercial boats throughout California including patrol, fishing, fire, rescue, ferry, taxi, recreational and other vessels.

SoCalGas & California Energy Commission to Provide Funding to Test Hydrogen Fuel Cell Technology for Marine Vessels

SAN DIEGO, April 26, 2021 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that it has launched its exchange offer to acquire all the outstanding shares of IEnova (Infraestructura Energética Nova, S.A.B de C.V.) not owned by Sempra Energy.

Sempra Energy Launches Exchange Offer For Publicly Owned Shares Of IEnova

Crown Castle International

Comcast

Below are three stocks that have underperformed the broader market recently. They are also in considerable financial distress, as represented by poor Altman Z-Scores, which means they are in danger of going bankrupt within two years.

This Trio of Risky Picks Could Pay Off

LOS ANGELES, April 22, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced it will convert 200 new Ford F-250 service pickup trucks to run on renewable natural gas (RNG) - a renewable form of energy produced from a variety of waste streams. The service trucks will be outfitted with the newest Landi Renzo Eco Ready™ equipment, a California Air Resource Board certified ultra-low emissions vehicles system.

SoCalGas Announces Plans to Convert 200 New Field Service Trucks to Run on Renewable Natural Gas

LOS ANGELES, April 21, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) announced today it will demonstrate a groundbreaking technological combination that will produce hydrogen from renewable natural gas (RNG) at SunLine Transit Agency's hydrogen fueling station in Thousand Palms, California. The research project, called "H2 SilverSTARS," will produce renewable hydrogen to fuel SunLine's fleet of 17 hydrogen fuel cell electric buses and support further expansion.

SoCalGas to Partner with SunLine Transit Agency to Test Innovative Technologies that Reduce Cost of Hydrogen Production

LOS ANGELES, April 20, 2021 /PRNewswire/ -- As hydrogen gains momentum as an important tool to address climate change, Southern California Gas Co. (SoCalGas) announced today it will partner with H2U Technologies, Inc. to conduct demonstration testing of a new, less expensive type of PEM electrolyzer, a device that produces green hydrogen from water and renewable electricity. According to early analysis by H2U Technologies, the cost target of the new technology is half that of current PEM electrolyzers and total cost of ownership over its life is expected to be 75% less.

SoCalGas and H2U Technologies Partner to Test New Technology that May Make Green Hydrogen at Dramatically Lower Cost

Duke Energy

Edison

NextEra Energy

Vistra Energy

York Water

With so much craziness in the world today, about the only sector you can depend on with your hard-earned money is utility stocks. The post 7 Utility Stocks to Consider as Safe-Haven Investments appeared first on InvestorPlace.

7 Utility Stocks to Consider as Safe-Haven Investments

SAN DIEGO, April 19, 2021 /PRNewswire/ -- Building on the sustainability strategy it released last October and its pledge to reach net zero greenhouse gas (GHG) emissions by 2045, San Diego Gas & Electric (SDG&E) announced it is developing two hydrogen pilot projects, nearing completion of an additional battery storage facility and will break ground on another, and launching a vehicle-to-grid pilot program featuring six electric school buses, among other efforts. "Getting to a net zero future is the moonshot challenge of our era and one that the SDG&E team fully embraces," said SDG&E Chief Executive Officer Caroline Winn.

SDG&E Pledges To Reach Net Zero GHG Emissions By 2045

The T Rowe Price Equity Income Fund (Trades, Portfolio), part of Baltimore-based T. Rowe Price Group Inc. (NASDAQ:TROW), disclosed this week that its top four trades during the first quarter included a reduction in its DuPont de Nemours Inc. (NYSE:DD) holding, new buys in International Flavors & Fragrances Inc. (NYSE:IFF) and Bank of New York Mellon Corp. (NYSE:BK) and a position boost to its Sempra Energy (NYSE:SRE) holding.

T Rowe Price Equity Income Fund's Top 4 1st-Quarter Trades

DALLAS, April 15, 2021 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its first quarter 2021 results on May 5, prior to Sempra Energy's (NYSE: SRE) first quarter 2021 conference call. Oncor's earnings release will be available on Oncor's website, oncor.com.

Oncor To Release First Quarter 2021 Results May 5

SAN DIEGO, April 14, 2021 /PRNewswire/ -- Sempra Energy (NYSE: SRE) plans to release its first-quarter 2021 earnings by 7 a.m. ET, Wednesday, May 5.

Sempra Energy To Report First-Quarter 2021 Earnings May 5

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.

News for Sempra Energy Stock (SRE)