SRE is a major regulated electric and gas utility with energy infrastructure operations as well. The holding company serves almost 40 million consumers throughout North America. SRE operates in the following three segments: 1. Sempra California: This segment includes the San Diego Gas & Electric Company and Southern California Gas Company subsidiaries. As of December 31, 2023, the former served 3.6 million electric customers and 3.3 million natural gas customers in a roughly 4,100 square mile service territ ...

The parties expect to execute a binding LNG SPA and definitive equity agreements with terms substantially equivalent to those in the HoA, with the SPA and equity agreements subject to a number of conditions. Jeffrey W. Martin, Sempra Chairman and CEO, said: "The planned expansion of Port Arthur LNG would help facilitate the broad distribution of U.S. natural gas across global energy markets. By expanding the global reach of the Port Arthur LNG facility, we have the opportunity to improve energy security, wh ...

"As part of its mission, the Sempra Foundation aims to improve community resilience in the face of increasing severe weather events," said Lisa Larroque Alexander, chair of the Sempra Foundation board of directors. "We are proud to support the Red Cross in delivering critical supplies to affected communities in New Mexico so they can recover and thrive." The Foundation is pledging up to $50,000, which would help support the distribution of much-needed resources to those impacted by the fast-moving fires. Pa ...

"Bringing new perspectives into the boardroom is a critical component of our effort to support the company's mission to build North America's premier energy infrastructure company," said Jeffrey W. Martin, Sempra chairman and CEO. "Our board of directors embody a diverse set of skills, experiences and viewpoints that help guide Sempra's corporate strategy and overall business success. Jennifer's strong accounting and finance experience, coupled with her understanding of the energy business, will be a great ...

At the close of 2023, 38% of SoCalGas' over-the-road fleet was powered by low- and zero-emissions energy sources. SoCalGas' current over-the-road fleet vehicles include 700 RNG Ford F-250 service pickup trucks and 50 Toyota Mirai hydrogen fuel cell electric vehicles (HFCEV). "I applaud SoCalGas on its efforts to accelerate the transition of its truck fleet to zero-emissions," said Wayne Nastri, South Coast Air Quality Management District executive officer. "These trucks reduce smog-forming emissions making ...

LOS ANGELES, June 7, 2024 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) will help Labor Community Services (LCS) by bringing 100 volunteers to help sort over 1.8 million pounds of food donations collected through the 32nd Annual National Association of Letter Carriers' (NALC) "Stamp Out Hunger" Food Drive. The company will also present a $25,000 donation to LCS for groceries, which could aid approximately 1,000 families facing food insecurity for up to five days. SoCalGas Volunteers to Help Sort 1. ...

A month has gone by since the last earnings report for Sempra (SRE) . Shares have added about 1.7% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Sempra due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Sempra Q1 Earnings Miss Estimates, Revenues Decline Y/Y Sem ...

Sempra Energy (SRE) benefits from systematic investments that will enhance the reliability of its operations, which will allow it to meet the rising demand from an expanding customer base. The company is also expanding its LNG operation and will be among the leading LNG exporters in the United States. However, this Zacks Rank #3 (Hold) company faces risks like project development disruptions, power outages and property damages, which act as a headwind. Tailwinds Sempra has a capital investment plan of $40.4 ...

LOS ANGELES, May 30, 2024 /PRNewswire/ -- The board of directors of Southern California Gas Company (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on July 15, 2024, to shareholders of record on June 10, 2024. About SoCalGas Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aim ...

The utility is being recognized not only for its own emissions reduction goals, but also for exemplifying leadership in its internal response to climate change and the engagement of its peers, partners, and supply chain. LOS ANGELES, May 23, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today announced that it has received the prestigious "Organizational Leadership Award" from The Climate Registry (TCR) at the Climate Leadership Conference in Cleveland, Ohio. The award recognizes the utili ...