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

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.

Will Sempra (SRE) Beat Estimates Again in Its Next Earnings Report?

HOUSTON , Feb. 2, 2024 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced that it has entered into a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) to cooperate on opportunities to advance the energy transition. Through this MOU, Sempra Infrastructure and JBIC aim to further project structuring to improve the global energy supply chain through liquefied natural gas (LNG), hydrogen and other decarbonization efforts in both the United States and Japan.

Sempra Infrastructure and Japan Bank for International Cooperation to Develop Strategic Collaboration in Support of the Energy Transition

2024 recognition marks Sempra's 14th consecutive year on Fortune's list SAN DIEGO , Feb. 1, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named one of the World's Most Admired Companies for 2024 by Fortune Magazine, marking the 14th year the company has been recognized as a top global business with strong corporate reputation. "We are honored to be recognized as one of the World's Most Admired Companies, underscoring the strength of Sempra's high-performance culture and progress in building a leading North American energy infrastructure company," said Jeffrey W.

Sempra Named One of World's Most Admired Companies by Fortune Magazine

DALLAS , Jan. 29, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its fourth quarter and year end 2023 results on February 27, prior to Sempra's (NYSE: SRE) (BMV: SRE) fourth quarter and year end 2023 results conference call. Oncor's earnings release will be available on Oncor's website, oncor.com.

ONCOR TO RELEASE 2023 RESULTS FEBRUARY 27

SAN DIEGO , Jan. 29, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its fourth-quarter and full-year 2023 earnings by 7 a.m. ET, Tuesday, Feb. 27.

Sempra to Report Fourth-Quarter and Full-Year 2023 Earnings February 27

Sempra (SRE) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -5.44% in 4 Weeks, Here's Why You Should You Buy the Dip in Sempra (SRE)

Abbott Labs

Intuit

McDonald's

Procter & Gamble

Philip Morris

Walmart

Why bother talking about safe-haven stocks for a recession when we already dodged that bullet last year? Tell me you haven't seen a Friday the 13th movie without telling me.

7 Safe-Haven Stocks to Protect Your Portfolio During a Recession

The IceBrick System could reduce the hotels' energy bills and greenhouse gas emissions LOS ANGELES and IRVINE, Calif. , Jan. 22, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today announced the successful installation of an innovative energy savings solution at the Beverly Hilton and Waldorf Astoria hotels, that helps reduce the need for air conditioning during peak electric demand, reducing greenhouse gas emissions, energy use, and costs.

SoCalGas Supports Nostromo Energy's Installation of an Innovative Energy Storage Solution Designed to Enhance Grid Resilience and Lower Energy Expenses at Beverly Hilton and Waldorf Astoria Hotels

Atmos Energy

American Water Works

Con Ed

NiSource

We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: NI, ATO, AWK, ED, SRE.

Utility Sector Set to Revive in 2024: 5 Top Picks

Kenvue

While many, if not most investors, appear bullish about the market's prospects this year, it's never a bad time to consider long-term dividend stocks. By that, we're talking about profitable, relevant enterprises that you can trust.

3 Unshakeable Dividend Stocks for Lifelong Wealth

Costco

Lowe's

Ollie's Bargain Outlet Hlds

One of the main themes of 2023 may be relief – that is, relief that we avoided a downcycle – and so it begs the question: why talk about 2024 recession worries? More to the point, why deal with recession stocks?

Still Worried About a 2024 Recession? 7 Stocks to Watch.

NextEra Energy

Xcel Energy

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks Delivering High-Dividend Yields - Sempra (NYSE:SRE), NextEra Energy (NYSE:NEE)

Sempra's shares have underperformed due to higher interest rates, but the company has strong growth potential and is poised for upper single-digit dividend growth. Sempra's focus is on utility operations in California and Texas, with plans to increase its capital program by 10-20% above $40 billion in the utility space. While California's population trends are unfavorable, Sempra has growth opportunities in Texas and its LNG export projects, which provide long-term upside potential.

Sempra: An Attractive Utility With LNG Upside

American Electric Power Company

Black Hills

Bristol-Myers

Enterprise Products Partners

Eversource Energy

Evergy Inc

L3Harris

Tractor Supply

In my monthly series of 10 Dividend Growth Stocks, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment.

10 Dividend Growth Stocks: December 2023

DTE Energy

Entergy

Utility companies supply essential services like electricity, natural gas and water to nearly every home and business across the United States. These heavily regulated corporations rank among the stock market's most stable and consistent investments today.

Power Plays: 3 Utility Stocks to Snap Up Before the New Year

SAN DIEGO , Dec. 21, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has again made The Wall Street Journal and Drucker Institute's annual 250 Best Managed Companies list for 2023. The Drucker Institute measures corporate effectiveness by examining performance in five areas: Financial strength, customer satisfaction, employee engagement and development, innovation and social responsibility.

Sempra Named One of The Wall Street Journal's Best-Managed Companies for 2023

Chevron

First Solar

Johnson & Johnson

Kraft Heinz

Lockheed Martin

Vulcan Materials

Soon, it will be that favorite time of the quadrennial cycle where American citizens will decide the future of this great nation, subsequently necessitating a discussion about election year stocks. On surface level, you might think that such periods would be rather disastrous for equities, especially with the vituperative environment.

7 Stocks That Might Win on Election Year Uncertainty

This is the 2nd Round of Restaurant Grants awarded this year with the support of SoCalGas' $1,000,000 Donation to the Restaurants Care Resilience Fund to support small businesses and drive positive change in diverse communities across Central and Southern California LOS ANGELES , Dec. 19, 2023 /PRNewswire/ -- Today, 88 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, helping California's independent restaurant owners to continue their businesses during challenging times.

Additional 88 Local Restaurants Receive $5,000 Assistance Grants Through Restaurants Care Resilience Fund

SAN DIEGO , Dec. 18, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the Dow Jones Sustainability Index (DJSI) North America for the 13th consecutive year, earning recognition as a high performer in risk management, stakeholder engagement, policy influence, and information security/cybersecurity, among other areas. "Sempra's long tenure on DJSI North America highlights how responsible business practices help deliver long-term value to our shareholders and other stakeholders," said Lisa Larroque Alexander, senior vice president of corporate affairs and chief sustainability officer at Sempra.

Sempra Named to Dow Jones Sustainability Index North America for 13th Consecutive Year

Bloom Energy

The project demonstrates the potential to displace traditional natural gas with fuels like hydrogen, which can be made from clean renewable sources, and foster the many environmental and economic benefits of a hydrogen economy PASADENA, Calif. , Dec. 14, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) and Bloom Energy  (NYSE: BE), today announced the powering of a portion of Caltech's grid with an innovative hydrogen project that demonstrates how hydrogen could potentially offer a strong solution for long-duration clean energy storage and dispatchable power generation.

SoCalGas and Bloom Energy Powering Caltech with Innovative Campus Hydrogen Project

At a cursory glance, the concept of dividend stocks – particularly in the boring utilities space – seems overly cautious. After all, several risk-on asset classes, including technology-focused securities and cryptocurrencies have soared over the past several weeks.

3 of the Most Attractive Dividend Stocks in the Utilities Space

Algonquin Power & Utilities

Brookfield Infrastructure Partners L.P.

Duke Energy

Exelon

FirstEnergy

With the jobs market again continuing to surprise the doom-and-gloom folks, now might not seem a great time to consider high-performing utility stocks; that is, utility companies and related businesses that print relatively robust operational figures, thus making for steady growth investments. However, read between the lines and you may come away with a different perspective.

7 Top-Performing Utility Stocks for Steady Growth

SAN DIEGO , Dec. 7, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced it has been recognized by Newsweek as one of "America's Most Responsible Companies" for 2024, earning this distinction for the fifth consecutive year. The annual list ranks companies based on their commitment to corporate responsibility, specifically on efforts related to environment, social and corporate governance.

Sempra Named Among Newsweek's 'Most Responsible Companies'

CenterPoint Energy

OGE Energy

Vistra Energy

We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: AWK, VST, OGE, SRE, CNP.

5 Utility Stocks to Invest in for a Stable Portfolio in 2024

This is the 18th consecutive year that SDG&E received PA Consulting's ReliabilityOne® Award for Outstanding Reliability Performance among utilities in the west region SAN DIEGO , Dec. 4, 2023 /PRNewswire/ -- Every day, approximately 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 recently 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.

News for Sempra Energy Stock (SRE)