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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Sempra's (SRE) business subsidiary, SoCalGas, has collaborated with Ford on a demonstration project that involves the development of a F-550 Super Duty Hydrogen Fuel Cell Electric Truck.

Sempra (SRE) Arm Teams Up With Ford to Develop Electric Truck

The utility is working to replace 50% of its over-the-road fleet with clean fuels by 2025 and operate 100% zero-emissions fleet by 2035 LOS ANGELES , Aug. 15, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced it is working with Ford Motor Company on a demonstration project to reduce commercial fleet emissions by developing a F-550 Super Duty Hydrogen Fuel Cell Electric Truck. This collaboration is part of the U.S. Department of Energy's (DOE) SuperTruck 3 program, which aims to significantly reduce emissions in medium and heavy-duty trucks.

SoCalGas Joins Ford to Reduce Emissions with Cutting Edge F-550 Super Duty Hydrogen Fuel Cell Electric Truck

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Program provides mobile home park residents with enhanced safety, reliability, and cost savings by replacing privately owned gas systems with direct utility service INDIO, Calif. , Aug. 5, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the beginning of construction at Arabian Gardens Mobile Home Park in the City of Indio to provide safety and service upgrades through the Mobilehome Park Utility Conversion Program.

SoCalGas Breaks Ground on Mobilehome Park Utility Conversion Project in Indio

Sempra (NYSE:SRE ) Q2 2022 Earnings Conference Call August 4, 2022 12:00 PM ET Company Participants Glen Donovan - IR Jeffrey Martin - Chairman and CEO Trevor Mihalik - EVP and CFO Kevin Sagara - EVP and Group President Justin Bird - CEO of Sempra Infrastructure Allen Nye - Chief Executive, Oncor Peter Wall - SVP, Controller and CAO Faisel Khan - SVP, Finance Conference Call Participants Shar Pourreza - Guggenheim Partners David Arcaro - Morgan Stanley Nick Campanella - Credit Suisse Julien Dumoulin-Smith - Bank of America Alex Kania - Wolfe Research Britt Sunderland - JPMorgan Michael Lapides - Goldman Sachs Ryan Levine - Citi Paul Patterson - Glenrock Associates Craig Shere - Tuohy Anthony Crowdell - Mizuho Operator Good day, and welcome to the Sempra Second Quarter Earnings Call. Today's conference is being recorded.

Sempra (SRE) CEO Jeffrey Martin on Q2 2022 Results - Earnings Call Transcript

Sempra Energy's (SRE) Q2 adjusted earnings beat the Zacks Consensus Estimate by 8.8% and the top line improves by 29.4% year over year.

Sempra Energy (SRE) Q2 Earnings Beat, Revenues Rise Y/Y

Sempra (SRE) delivered earnings and revenue surprises of 8.79% and 17.96%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Sempra (SRE) Tops Q2 Earnings and Revenue Estimates

Service Territory Growth Operational Highlights Base Rate Review Update DALLAS , Aug. 4, 2022 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended June 30, 2022 net income of $229 million compared to net income of $169 million in the three months ended June 30, 2021. Oncor's $60 million quarter-over-quarter net income improvement was driven by increases in revenues from higher customer consumption attributable primarily to significantly warmer weather in the second quarter of 2022, updates to base transmission and distribution rates to reflect increases in invested capital, customer growth and a gain on a sale of certain non-utility property, 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 SECOND QUARTER 2022 RESULTS

SAN DIEGO , Aug. 4, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced second-quarter 2022 earnings of $559 million, or $1.77 per diluted share, compared to second-quarter 2021 earnings of $424 million, or $1.37 per diluted share. On an adjusted basis, the company's second-quarter 2022 earnings were $626 million or $1.98 per diluted share, compared to $504 million, or $1.63 per diluted share, in 2021.

Sempra Reports Second-Quarter 2022 Earnings Results

Sempra Energy's (SRE) second quarter is expected to have seen mixed weather pattern impacts along with positive rate revisions.

What's in the Offing for Sempra Energy (SRE) in Q2 Earnings?

Sempra (SRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sempra (SRE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Nuuve

SAN DIEGO--(BUSINESS WIRE)--Today San Diego Gas & Electric announced that it has successfully deployed an innovative technology that enables eight electric school buses to put electricity back on the grid when needed such as on hot summer days. A collaborative effort between SDG&E, the Cajon Valley Union School District and locally based technology company Nuvve, this is the first vehicle-to-grid (V2G) project to become operational in Southern California, helping to advance clean air an

SDG&E and Cajon Valley Union School District Flip the Switch on Region's First Vehicle-to-Grid Project Featuring Local Electric School Buses Capable of Sending Power to the Grid

Companies sign MOU for cooperation on the development of renewable energy resources to supply Sempra Infrastructure facilities HOUSTON , July 26, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), and Entergy Texas, Inc.  (NYSE: ETI) today announced they have entered into a memorandum of understanding (MOU) to develop options designed to accelerate the deployment of new renewable energy generation resources and to increase the resiliency of power supply in Entergy Texas' Southeast Texas service area, where Sempra Infrastructure's facilities are under development.  "We look forward to working collaboratively with Entergy Texas to achieve both of our companies' sustainability goals," said Martin Hupka, president of LNG and Net-zero Solutions for Sempra Infrastructure.

Sempra Infrastructure and Entergy Texas to Advance Renewable Energy and Supply Resiliency

HOUSTON and MEXICO CITY , July 21, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), and Mexico's Federal Electricity Commission (Comisión Federal de Electricidad, CFE), announced several agreements to advance the joint development of critical energy infrastructure projects in Mexico, including the rerouting of the Guaymas-El Oro pipeline in Sonora, the proposed Vista Pacífico LNG project in Topolobampo, Sinaloa, and the potential development of a liquefied natural gas (LNG) terminal in Salina Cruz, Oaxaca. These new agreements establish the framework for a joint venture between the companies to ultimately enable the restoration of service provided by the Guaymas-El Oro pipeline.

CFE and Sempra Infrastructure Expand Agreements for the Development of Energy Infrastructure in Mexico

Kore's modular system diverts organic waste from California landfills and converts it into carbon negative hydrogen and renewable natural gas (RNG) LOS ANGELES , July 20, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced that Kore Infrastructure has successfully begun testing and demonstrating its carbon-negative, waste-to-energy modular system at the utility's Los Angeles facility. The innovative technology is designed to divert organic waste from California landfills and convert it into carbon-negative hydrogen and renewable natural gas (RNG).

SoCalGas Announces the Commissioning of Carbon-Negative Waste-to-Energy Technology at Los Angeles Facility

Sempra Energy's (SRE) arm teams up with ConocoPhillips to boost the development of its Port Arthur LNG facility.

Sempra (SRE) Arm Teams Up With Conoco to Build LNG Facility

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DALLAS , July 14, 2022 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its second quarter 2022 results on August 4, prior to Sempra's (NYSE: SRE) (BMV: SRE) second quarter 2022 conference call.  Oncor's earnings release will be available on Oncor's website, oncor.com.

ONCOR TO RELEASE SECOND QUARTER 2022 RESULTS AUGUST 4

Provides comprehensive framework to develop Port Arthur LNG Advances broad collaboration on the development of ECA LNG Phase 2 Provides for cooperation on associated carbon sequestration and low-carbon hydrogen opportunities SAN DIEGO , July 14, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips (NYSE: COP) have entered into a heads of agreement (HOA) to develop Sempra Infrastructure's Port Arthur LNG project and jointly participate in other related energy infrastructure in Southeast Texas and the Pacific Coast of Mexico. "At Sempra, we believe bold new partnerships will be central to solving the world's energy security and decarbonization challenges," said Jeffrey W.

Sempra Announces Partnership Framework with ConocoPhillips

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced a potentially significant expansion of its global liquefied natural gas (LNG) business through investment in a new large-scale LNG facility under development by Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), in Jefferson County, Texas. ConocoPhillips has entered into a Heads of Agreement (HOA) with Sempra to acquire a 30% direct equity holding in Port Arthur Liquefaction Holdings, LLC and an LNG offtake

ConocoPhillips and Sempra Infrastructure Sign Heads of Agreement for Large-Scale LNG Projects and Carbon Capture Activities

SAN DIEGO , July 13, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its second-quarter 2022 earnings by 7 a.m. ET, Thursday, August 4.

Sempra to Report Second-Quarter 2022 Earnings August 4

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Recently enacted California law increases customer access to no-cost energy-saving home improvements which support SoCalGas' efforts to lead the transition to a clean energy system LOS ANGELES , July 6, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) announced that as of July 1, 2022, more customers will now be eligible for no-cost energy-saving home improvements through the Energy Savings Assistance Program. The new guidelines expand eligibility criteria for customers whose income is up to 250% of federal poverty guidelines, compared to the previous criteria of up to 200%.

New Eligibility Guidelines Open SoCalGas Energy Savings Assistance Program to More Customers

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Over 85 percent of SoCalGas scholarship recipients are minority students majoring in STEM, accounting and finance LOS ANGELES , June 30, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced that 25 students from Central and Southern California have been awarded funds from the 2022 SoCalGas Scholarship Program. For the first time, the utility has partnered with Scholarship America® to provide multiyear scholarships for students studying science, technology, engineering, math (STEM), accounting or finance.

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