DALLAS, Oct. 22, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its third quarter 2024 results on November 6, prior to Sempra's (NYSE: SRE) (BMV: SRE) third quarter 2024 results conference call. Oncor's earnings release will be available on Oncor's website, oncor.com.Sempra executives will host a conference call at 12 p.m. ET on Wednesday, November 6 that will include discussion of Oncor's third quarter 2024 operational and financial results. Investors, media, analysts a ...

Earnings Release and Conference Call - Sempra plans to release its third-quarter 2024 earnings by 8 a m ET on Wednesday, November 6 [1] - A conference call hosted by Jeffrey W Martin, Karen Sedgwick, and other senior leaders will take place at 12 p m ET on the same day [1] - A live webcast of the conference call will be available for investors, media, analysts, and the public after registering on the company's Investors website [1] - An accompanying slide presentation detailing the earnings results will be published on Sempra's Investors site by 8 a m ET on November 6 [1] - A replay of the webcast will be available a few hours after the conclusion of the live event [1] Company Overview - Sempra is a leading North American energy infrastructure company delivering energy to nearly 40 million consumers [2] - The company owns one of the largest energy networks on the continent, focusing on electrifying and improving energy resilience in key markets such as California, Texas, Mexico, and global energy markets [2] - Sempra is recognized for its sustainable business practices and high-performance culture, as evidenced by its inclusion in the Dow Jones Sustainability Index North America and The Wall Street Journal's Best Managed Companies [2]

Core Insights - Sempra Infrastructure CEO Justin Bird was awarded the Energy Leader of the Year at the Gulf Energy Information Excellence Awards, highlighting the company's commitment to advancing energy infrastructure and sustainability [1][2] - The GROW initiative, aimed at enhancing women's leadership within Sempra Infrastructure, received recognition for its role in fostering development and networking opportunities [2] - Sempra Infrastructure is recognized as a leader in low carbon solutions and energy networks, contributing to the future energy systems and receiving accolades such as the 2023 World Energy Transition Award [3] Group 1 - The Gulf Energy Information Excellence Awards received nearly 500 nominations, with over 180 finalists, indicating a record year for industry recognition [1] - The awards celebrate innovation and technological advancements across the oil, gas, and energy sectors, with 29 categories for honorees [2] - Sempra Infrastructure's GROW initiative has over 365 members focused on building women's leadership capacity [2] Group 2 - Sempra Infrastructure is headquartered in Houston and is dedicated to developing low carbon solutions and LNG infrastructure [3] - The company aims to meet changing energy needs while promoting renewable power, natural gas access, carbon sequestration, and clean hydrogen [3] - Sempra Infrastructure is a subsidiary of Sempra (NYSE: SRE), a leading North American energy infrastructure company [3]

Core Viewpoint - The article discusses the author's journey in dividend growth investing and the establishment of a blog that documents this journey, aiming for financial independence through investment strategies [1]. Group 1 - The author has been investing since September 2017 and has a long-standing interest in dividend investing since around 2009 [1]. - The blog "Kody's Dividends" was launched in July 2018 to document the author's investment journey and share insights with the Seeking Alpha community [1]. - The author expresses gratitude for the blog's role in connecting with the Seeking Alpha community as an analyst [1].

Group 1: Initiative Overview - Southern California Gas Company (SoCalGas), a unit of Sempra Energy, is launching a $1.5 million initiative to provide 50 fuel cards to fleet operators purchasing Class 8 heavy-duty natural gas trucks, valid from September 9 to December 8, 2024 [1][2] - Each $30,000 fuel card aims to reduce greenhouse gas (GHG) emissions in alignment with California Air Rescue Board's carbon neutrality goals [2] Group 2: Sempra Energy's Green Transition - Sempra Energy is actively working to reduce GHG emissions in the transportation sector by promoting cleaner energy sources and expanding liquefied natural gas (LNG) facilities [3] - The company is developing two new LNG export projects at its ECA Regas Facility, with ECA LNG Phase 1 expected to commence commercial operations in summer 2025 [4] Group 3: Sustainability Goals - SoCalGas' ASPIRE 2045 sustainability strategy aims for 50% of its fleet to run on alternative fuels by 2025 and 100% zero-emission vehicles by 2035, with 38% already using alternative fuels [5] - The initiative supports the transportation sector's shift from traditional fuels to cleaner options, promoting sustainable transportation globally [5] Group 4: Industry Context - The need for greater investment in green energy is emphasized as climate change effects become more evident, highlighting the importance of renewable energy sources [6] - Heavy-duty transportation significantly contributes to emissions, and initiatives like SoCalGas' fuel card program are crucial for accelerating the transition to sustainable energy [7] Group 5: Market Performance - Sempra Energy's stock has risen 18.3% in the past six months, outperforming the industry's growth of 16.2% [12]

Core Insights - Boyle Heights Solis S.T.E.M. Magnet High School's team, Los STEMateros, participated in the Hydrogen Grand Prix World Finals in Las Vegas, marking their second appearance at this international event, which encourages innovation in hydrogen-powered vehicle design and engineering [1] - The participation of the Boyle Heights team highlights the importance of providing accessible opportunities in clean energy careers, especially for underrepresented groups, as women constitute only 32% of the renewable energy workforce despite making up 47% of the national workforce [2] - SoCalGas is actively involved in supporting youth from underrepresented communities by providing hands-on experiences in S.T.E.M. fields, which are crucial for building confidence and skills necessary for future careers [3] Company Initiatives - SoCalGas is committed to advancing racial and gender diversity in the workplace and aims to invest $50 million over five years under its ASPIRE 2045 Sustainability Strategy to empower communities and support career development [6] - The company provides practical experiences through initiatives like the H2 Innovation Experience and partnerships with educational organizations, which are designed to teach students about sustainability and career exploration in S.T.E.M. fields [4] - SoCalGas serves approximately 21 million consumers across 24,000 square miles in Central and Southern California, focusing on building a clean and innovative energy infrastructure while supporting California's clean energy transition [7]

LOS ANGELES, Sept. 9, 2024 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) announced today it will make $1.5 million available to provide funds for 50 fuel cards to help accelerate the transition to low- and zero-emissions vehicles in the heavy-duty transportation sector. For 90-days, starting today through Dec. 8, 2024, companies that purchase a qualifying vehicle can apply for a fuel card through SoCalGas' Low Carbon Fuel Standard (LCFS) Fuel Card Incentive Program. The $30,000 fuel card is designe ...

SAN DIEGO, Sept. 4, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its board of directors has declared a $0.62 per share quarterly dividend on the company's common stock, which is payable Oct. 15, 2024, to common stock shareholders of record at the close of business on Sept. 26, 2024. Sempra's board of directors also declared a semi-annual dividend of $24.375 per share on the company's 4.875% Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, Series C, which is payabl ...

Core Viewpoint - Sempra has been recognized for its sustainable business practices by being included in the FTSE4Good Index Series for the ninth consecutive year, highlighting its strong performance in various categories such as corporate governance and community engagement [1][3]. Company Achievements - Sempra has received multiple accolades for its commitment to sustainability, including recognition from Forbes, CNBC, Fortune, The Wall Street Journal, and Newsweek, as well as inclusion in the Dow Jones Sustainability Index North America and the Bloomberg Gender Equality Index [3][4]. - The company emphasizes that its focus on sustainability is integral to its mission of being North America's premier energy infrastructure provider, with three main areas of focus: safe operations, community engagement, and innovation [2][6]. Sustainability Strategy - Sempra's sustainability strategy is centered around investing in resilient operations, engaging with communities, and fostering innovation to modernize energy infrastructure [2][5]. - The company aims to connect consumers with modernized energy networks to ensure safer, more reliable, and cleaner energy delivery [2][6]. Market Position - Sempra serves nearly 40 million consumers and is recognized as a leader in energy infrastructure, particularly in significant markets such as California, Texas, and Mexico [6].

Financial Performance - Sempra reported Q2-2024 adjusted EPS of $0.89 and YTD-2024 adjusted EPS of $2.24[8] - The company is affirming FY-2024 adjusted EPS guidance range of $4.60 – $4.90[8] - Sempra is also affirming FY-2025 EPS guidance range of $4.90 – $5.25[8] - The company is maintaining a projected long-term EPS growth rate of 6% – 8%[8] Business Updates - Sempra Texas (Oncor) - Oncor built, re-built, or upgraded 1,050 miles of T+D lines in Q2-2024[10] - Oncor increased premise count by 20,000 and expects a 2% long-term premise growth rate[10] - Oncor achieved a 13% year-over-year increase in active transmission point of interconnection requests[10] - Oncor's current $24 billion capital plan underpins an 11% projected rate base CAGR, growing to $39 billion in 2028[12] Business Updates - Sempra Infrastructure - ECA LNG Phase 1 is 85% complete, with COD expected in spring 2026[14] - Topolobampo Terminal commissioning was completed, and commercial operations commenced in June 2024[14] - Port Arthur LNG Phase 2 has significant commercial progress with 50% of offtake under HOAs with Aramco and INEOS and 25% of project equity under HOA with Aramco[16]