Edition:
United States

Sempra Energy (SRE.N)

SRE.N on New York Stock Exchange

99.24USD
12:44pm EST
Change (% chg)

$-0.28 (-0.28%)
Prev Close
$99.52
Open
$99.02
Day's High
$99.66
Day's Low
$98.56
Volume
66,500
Avg. Vol
363,357
52-wk High
$114.65
52-wk Low
$86.72

Latest Key Developments (Source: Significant Developments)

Sempra Energy reports Q3 earnings per share $2.46
Wednesday, 2 Nov 2016 08:30am EDT 

Sempra Energy : Sempra Energy reports increased third-quarter earnings . Q3 earnings per share $2.46 . Q3 earnings per share view $0.96 -- Thomson Reuters I/B/E/S . Reaffirms FY 2016 adjusted earnings per share view $4.60 to $5.00 . Reaffirms FY 2016 GAAP earnings per share view $5.00 to $5.40 . Q3 adjusted earnings per share $1.02 excluding items . Sempra Energy qtrly total revenue $2,535 million versus $2,481 million last year . FY2016 earnings per share view $4.79, revenue view $10.42 billion -- Thomson Reuters I/B/E/S .Q3 revenue view $2.68 billion -- Thomson Reuters I/B/E/S.  Full Article

Socalgas requests regulatory approval to replenish natural gas supply at Aliso Canyon Storage Facility
Tuesday, 1 Nov 2016 06:00pm EDT 

Sempra Energy : Socalgas requests regulatory approval to replenish natural gas supply at Aliso Canyon Storage Facility .Socalgas-In support of request, submitted status report on all 114 wells at facility addressing requirements of California state-mandated review.  Full Article

Sempra Energy reports executive appointments
Tuesday, 13 Sep 2016 05:30pm EDT 

Sempra Energy: Mark A. Snell, president of Sempra Energy, announced that he plans to retire from company march 1, 2017 . Jeffrey W. Martin, currently chairman, president and ceo of SDG&E, will become executive vice president and cfo of Sempra Energy .Effective immediately, J. Bret Lane, has been appointed president of Socalgas, will continue in his role as Socalgas' coo.  Full Article

Southern California Gas Co says entered into settlement agreement with District Attorney's Office for Los Angeles County
Tuesday, 13 Sep 2016 03:27pm EDT 

Southern California Gas Co: Socalgas statement on settlement agreement with District Attorney for Los Angeles County related to Aliso Canyon . Entered into settlement agreement with District Attorney's Office for Los Angeles County . Settlement agreement related to operations at Aliso Canyon natural gas storage facility .Under terms of settlement agreement, SoCalGas will pay up to approximately $4.3 million.  Full Article

Sempra Energy Q2 adjusted earnings per share $0.79
Thursday, 4 Aug 2016 08:30am EDT 

Sempra Energy : Q2 adjusted earnings per share $0.79 . Q2 earnings per share $0.06 . Q2 earnings per share view $0.97 -- Thomson Reuters I/B/E/S . Sees FY 2016 adjusted earnings per share $4.60 to $5.00 . Quarterly total revenues $2,156 million versus $2,367 million . Socalgas updated estimate of certain costs related to Aliso Canyon natural gas leak is $717 million . Q2 revenue view $2.62 billion -- Thomson Reuters I/B/E/S . Company reaffirms 2016 adjusted earnings guidance .FY2016 earnings per share view $4.81 -- Thomson Reuters I/B/E/S.  Full Article

Geronimo Energy - Sale of Apple Blossom wind farm to Sempra U.S. Gas & Power
Monday, 25 Jul 2016 12:00pm EDT 

: Geronimo Energy LLC - Sale of Apple Blossom wind farm to Sempra U.S. Gas & Power, a subsidiary of Sempra Energy .Geronimo Energy LLC - Apple Blossom is expected to begin construction fall of 2016 and enter into operation in 2017.  Full Article

SoCalGas warns of possible natgas curtailments in Southern California
Friday, 22 Jul 2016 11:45am EDT 

Southern California Gas has issued its second notice this summer that it could be forced to curtail gas supplies to power generators if squeezed by too much electricity demand from consumers cranking up air conditioners to escape a heat wave. The supply of gas available to consumers is tighter-than-usual this year because SoCalGas has only limited access to the fuel in its Aliso Canyon storage field in the Los Angeles area. SoCalGas, a unit of California energy company Sempra Energy , shut the giant storage field after detecting a massive leak in October. [nL1N19E0N2] : If supplies run short, SoCalGas is expected to start curtailing gas supplies to some power generators. California agencies and others have said such curtailments could lead to blackouts on up to 14 days this summer. . The California Independent System Operator, which operates much of the state's power grid, however, has not issued any warnings about power supplies on Friday, saying on its website it would be "helpful" for consumers to conserve energy. . SoCalGas forecast gas demand could top 3.1 billion cubic feet on Friday, which would be met by almost 2.7 bcf of fuel from pipelines and 0.5 bcf from storage withdrawals. . Gas use is expected to slide to under 3.1 bcf on Saturday with 2.7 bcf from pipelines and 0.4 bcf from storage..  Full Article

Sempra U.S. Gas & Power acquires Apple Blossom Wind Project in Michigan
Friday, 22 Jul 2016 09:00am EDT 

Sempra U.S. Gas & Power: Has acquired Apple Blossom Wind Project in Michigan from Geronimo Energy, Llc .Terms of transaction were not disclosed.  Full Article

Sempra says Cameron LNG expansion project receives non-FTA export authorization from DoE
Monday, 18 Jul 2016 08:40am EDT 

Sempra Energy : Expansion project will be located next to Cameron LNG terminal and liquefaction facilities that were approved for construction in 2014 in Hackberry, LA. . Facility is expected to commence operations during 2018, with first full year of operations in 2019 . Construction on first phase of $10 billion Cameron LNG liquefaction project (trains no. 1-3) currently is underway . Facility is expected to commence operations during 2018, with first full year of operations in 2019 . Cameron LNG liquefaction expansion project receives non-FTA export authorization from DoE .With this order, Cameron LNG's export capacity will be 24.92 million tons per annum or 3.53 Bcfd.  Full Article

Southern California Gas Co petitions L.A. County Superior Court for writ of mandate to annul Department of Public Health's cleaning directive
Tuesday, 12 Jul 2016 05:23pm EDT 

Sempra Energy :Petitioned L.A. County superior court for writ of mandate to annul department of public health's cleaning directive.  Full Article

California expects to complete Aliso Canyon natgas review in early 2017

California agencies expect to complete their safety review of Southern California Gas' (SoCalGas) Aliso Canyon in early 2017, preventing the utility from injecting natural gas into the Los Angeles storage facility for at least the first half of winter.