Edition:
United States

Sempra Energy (SRE)

SRE on New York Consolidated

112.90USD
25 Jul 2016
Change (% chg)

$-0.88 (-0.77%)
Prev Close
$113.78
Open
$113.35
Day's High
$113.50
Day's Low
$112.42
Volume
460,457
Avg. Vol
1,211,870
52-wk High
$114.66
52-wk Low
$86.72

Latest Key Developments (Source: Significant Developments)

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

SoCalGas asks California natgas customers to prepare for heat next week
Friday, 24 Jun 2016 04:25pm EDT 

Southern California Gas (SoCalGas) on Friday warned customers the weather will turn hot again on Monday and Tuesday next week and urged natural gas shippers to ensure their expected supply and demand was matched as closely as possible. : SoCalGas said on its website it expects to deliver almost 2.9 billion cubic feet of gas to customers on Monday, which will be met by about 2.4 bcf from pipelines and over 0.4 bcf from storage. . That is much less than the 3.3 bcf of customer demand seen on June 20 when temperatures in Los Angeles topped 100 degrees Fahrenheit (38 Celsius), giving SoCalGas its first test of the summer with only limited availability of the Aliso Canyon gas storage facility. [nL1N19E0N2] . Meteorologists at AccuWeather forecast high temperatures in Los Angeles will reach 91 to 93 degrees Fahrenheit on Monday, Tuesday and Wednesday, June 27-29. . SoCalGas is a unit of California energy company Sempra Energy . See: https://scgenvoy.sempra.com/index.html (Reporting by Scott DiSavino) ((scott.disavino@thomsonreuters.com; +1 646 223-6072; Reuters Messaging: scott.disavino.thomsonreuters.com@reuters.net)).  Full Article

Sempra Energy unit awarded South Texas-Tuxpan natural gas pipeline contract in Mexico
Monday, 13 Jun 2016 09:33pm EDT 

Sempra Energy : The Tuxpan pipeline will have a capacity of 2.6 billion cubic feet per day and an anticipated in-service date of late 2018 . Awarded contract by Comision Federal De Electricidad (cfe) to build, own,operate about 497-mile, $2.1 billion natural gas pipeline in Mexico .Tuxpan natural gas pipeline contract in Mexico.  Full Article

Fitch rates Southern California Gas Company's first mortgage bonds 'AA-'
Tuesday, 31 May 2016 03:38pm EDT 

Fitch Rates Southern California Gas Company's First Mortgage Bonds 'AA-': Termination of relocation program for Porter Ranch area residents is credit positive for SoCalGas .Relatively wide notching between SoCalGas and its corporate parent, Sempra energy supported by regulatory restrictions in California.  Full Article

Tallgrass Energy Partners closes on acquisition of 25 pct interest in Rockies Express pipeline
Monday, 9 May 2016 05:08pm EDT 

Tallgrass Energy Partners LP : Closes on the acquisition of a 25 percent interest in Rockies Express pipeline . Deal for $440 million .Purchase of a 25 percent membership interest in Rockies Express pipeline from a unit of Sempra U.S. Gas and power.  Full Article

Sempra Energy revises FY 2016 EPS guidance; sets FY 2020 EPS guidance
Wednesday, 4 May 2016 08:00am EDT 

Sempra Energy:Revised its FY 2016 adjusted earnings-per-share guidance range to $4.60 to $5.Says new guidance for FY 2016 reflects anticipated reduction in 2016 earnings of about $60 million, or $0.24 per diluted share, related to the pending sale of the company's interest in REX.Set its FY 2020 earnings-per-share (EPS) guidance range at $7.20 to $7.80, reflecting an expected compound annual growth rate in adjusted earnings of 12 percent from 2016 through 2020.  Full Article

Mexico's IEnova says recasts Pemex deal to buy pipeline stake

MEXICO CITY, July 12 IEnova, the Mexican unit of U.S.-based Sempra Energy, said on Tuesday it had restructured a deal to buy state-run oil company Pemex's 50 percent stake in pipeline company Gasoductos de Chihuahua for $1.108 billion.