Sempra(SRE)

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Sempra Named One of World's Most Admired Companies
Prnewswire· 2025-02-13 21:15
Core Viewpoint - Sempra has been recognized as one of the World's Most Admired Companies for 2025 by Fortune Magazine, marking its 15th consecutive year on this prestigious list, highlighting its strong corporate reputation and leadership in the energy sector [1][2]. Company Overview - Sempra is a leading North American energy infrastructure company that delivers energy to nearly 40 million consumers, representing about 10% of the U.S. population [1][3]. - The company operates three growth platforms: Sempra California, Sempra Texas, and Sempra Infrastructure, which collectively form one of the largest energy networks in North America [1][3]. - Sempra is recognized for its commitment to sustainable business practices and operational excellence, as evidenced by its inclusion in the Dow Jones Sustainability Index North America [3]. Industry Position - The company is focused on enhancing energy security and supporting the decarbonization of the power sector globally through initiatives such as liquefied natural gas exports and the adoption of cleaner fuels like renewable natural gas and hydrogen [1][3]. - Sempra's electric and natural gas delivery companies have been acknowledged for their reliability and grid modernization efforts, including wildfire prevention [1].
ONCOR TO RELEASE 2024 RESULTS FEBRUARY 25
Prnewswire· 2025-02-11 13:00
Core Insights - Oncor Electric Delivery Company LLC plans to release its fourth quarter and year-end 2024 results on February 25, 2025, prior to Sempra's results conference call [1] - Sempra executives will host a conference call at 12 p.m. ET on February 25 to discuss Oncor's operational and financial results [2] - Oncor's Annual Report on Form 10-K for the year ended December 31, 2024, will be filed with the U.S. Securities and Exchange Commission after Sempra's conference call [3] Company Overview - Oncor Electric Delivery Company LLC is a regulated electricity transmission and distribution business headquartered in Dallas, Texas [4] - The company operates the largest transmission and distribution system in Texas, delivering electricity to over 4 million homes and businesses [4] - Oncor manages more than 143,000 circuit miles of transmission and distribution lines in Texas and is owned by Sempra (indirect majority owner) and Texas Transmission Investment LLC (minority owner) [4]
Sempra to Report Fourth-Quarter and Full-Year 2024 Earnings February 25
Prnewswire· 2025-02-10 21:15
Group 1 - Sempra plans to release its fourth-quarter and full-year 2024 earnings on February 25, 2025, at 8 a.m. ET, along with an update on its five-year capital and financing plan [1] - A conference call will be hosted by Sempra's CEO and other senior leaders at 12 p.m. ET on the same day, which will be accessible via a live webcast [2] - An accompanying slide presentation detailing the earnings results and capital plan update will be available on Sempra's Investors site by 8 a.m. ET on February 25, with a replay option for those unable to attend the live webcast [3] Group 2 - Sempra is a leading North American energy infrastructure company serving nearly 40 million consumers and is recognized for its sustainable business practices [4] - The company operates one of the largest energy networks in North America, focusing on enhancing energy resilience in significant economic markets such as California, Texas, and Mexico [4] - Sempra is included in the Dow Jones Sustainability Index North America, highlighting its commitment to safety and operational excellence [4]
Sempra Appoints Anya Weaving and Kevin Sagara to Board of Directors
Prnewswire· 2025-02-10 11:55
Core Viewpoint - Sempra has appointed Anya Weaving and Kevin Sagara to its board of directors, effective March 1, 2025, to enhance its strategic decision-making and governance capabilities in the energy sector [1][2][3]. Group 1: Board Appointments - Anya Weaving brings extensive investment banking experience, particularly in the oil and gas industry, and has served as a chief financial officer, which adds critical skills in financial acumen and governance to the board [2][3]. - Kevin Sagara has over 30 years of experience in the energy sector, with a background in regulated utility and non-regulated energy infrastructure operations, contributing to safety, regulatory, and M&A expertise [2][3]. Group 2: Strategic Importance - The appointments are part of Sempra's strategy to incorporate new perspectives into its boardroom, which is essential for building a leading energy infrastructure company in North America [3][4]. - The leadership experience of Weaving and Sagara is expected to provide critical insights that will support Sempra's growth strategy and enhance financial discipline and risk management [3][4]. Group 3: Board Composition - With the addition of Weaving and Sagara, Sempra's board will consist of 11 directors, with four being newly elected in the past five years, reflecting a commitment to board refreshment and diversity [4]. - Weaving will serve on the audit committee and the compensation and talent development committee, while Sagara will be part of the safety, sustainability, and technology committee [4]. Group 4: Company Overview - Sempra is a leading North American energy infrastructure company, delivering energy to nearly 40 million consumers and recognized for its sustainable business practices [5]. - The company operates one of the largest energy networks in North America, focusing on improving energy resilience in significant markets such as California, Texas, and Mexico [5].
Sempra: Another Boring Utility So You Can Sleep Well At Night
Seeking Alpha· 2025-02-01 12:00
Core Insights - The article emphasizes the importance of utilities in investment strategies, highlighting their potential for stable returns [1]. Group 1: Investment Services - iREIT® offers comprehensive research on various investment vehicles including REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers, with a tracker that covers over 250 tickers [1]. - The investment group iREIT®+HOYA Capital, led by Brad and HOYA Capital, focuses on income-oriented alternatives and boasts a team with over 100 years of combined experience [2]. Group 2: Analyst Expertise - Brad Thomas has over 30 years of experience in real estate investing, having been involved in transactions exceeding $1 billion in commercial real estate [3]. - The team includes professionals with diverse backgrounds, including a former hedge fund manager and an advisor to a former U.S. President, enhancing the credibility of their analyses [2].
Sempra Named to Dow Jones Sustainability Index North America for 14th Consecutive Year
Prnewswire· 2025-01-27 21:12
Core Insights - Sempra has been recognized in the Dow Jones Sustainability Index (DJSI) North America for the 14th consecutive year, highlighting its commitment to responsible business practices and operational excellence [1] - The company outperforms peers in risk management, community relations, and cybersecurity, among other categories [1] - Sempra serves nearly 40 million consumers and is a major player in the energy sector, particularly in California and Texas [2] Company Recognition - In addition to the DJSI, Sempra is included in the FTSE4Good Index, JUST 100 list, and has received accolades from TIME Magazine, Newsweek, and Fortune Magazine for its responsible business practices [3] - The company achieved a perfect score on the CPA-Zicklin Index for corporate political disclosure and accountability [3] Company Overview - Sempra is a leading North American energy infrastructure company, focusing on delivering energy to significant economic markets [4] - The company is recognized for its sustainable business practices and high-performance culture, emphasizing safety and operational excellence [4]
YMCA of Metropolitan Los Angeles and SoCalGas Unite to Expand Recovery Support of Eaton Fire-Affected Communities
Prnewswire· 2025-01-23 20:00
Core Points - The YMCA of Metropolitan Los Angeles is expanding its support for communities affected by recent wildfires in Southern California with the help of SoCalGas [1][2] - SoCalGas has made a $400,000 donation to the LA Y to assist in immediate and long-term recovery efforts [2] - The LA Y is providing essential resources such as free access to amenities, childcare for first responders, and community donations [2][3] Group 1: Financial Contributions and Support - SoCalGas' donation will help expand access to critical resources including extended hours of operation and free community access to amenities [2] - 100 SoCalGas employees are volunteering to organize community donations at the Pasadena-Sierra Madre Y [3] Group 2: Community Impact and Collaboration - The partnership between the YMCA and SoCalGas is highlighted as a model of community support and collaboration during crises [4] - Local officials emphasize the importance of community partnerships in providing aid to those affected by the wildfires [4] Group 3: Ongoing Support and Resources - The LA Y will continue to provide essential resources to help individuals and families in their recovery process [5] - A list of most needed items for donation includes hygiene kits, diabetic-friendly food, and sleeping equipment [5] Group 4: Organizational Background - SoCalGas serves approximately 21 million consumers across 24,000 square miles in Central and Southern California and is recognized as a leader in energy transition [7] - The LA Y focuses on building stronger communities through equitable programs addressing food insecurity, education, and health [8]
Sempra and Sempra Foundation Pledge a Total of $1 Million Toward California Fire Relief
Prnewswire· 2025-01-11 00:11
Core Viewpoint - Sempra and Sempra Foundation are committing up to $1 million in charitable contributions to support communities affected by California wildfires, with a focus on disaster relief and employee assistance [1][2][3]. Group 1: Charitable Contributions - Sempra Foundation is pledging up to $750,000 for disaster relief efforts in the greater Los Angeles area, including donations to the American Red Cross and Team Rubicon [2]. - An additional $250,000 will be contributed by Sempra to establish the Sempra Relief Fund, aimed at assisting employees directly affected by the wildfires [3]. Group 2: Community Support - The company expresses gratitude for the efforts of first responders and utility workers, emphasizing its commitment to support displaced individuals and communities [2]. - Sempra encourages employee contributions to eligible community organizations supporting fire relief, reinforcing its ongoing program to promote volunteerism among its workforce [2][3]. Group 3: Company Overview - Sempra is a leading North American energy infrastructure company serving nearly 40 million consumers and is recognized for its sustainable business practices and operational excellence [4]. - The company operates one of the largest energy networks in North America, focusing on enhancing energy resilience in key markets such as California and Texas [4].
Sempra Named Among Newsweek's 'Most Responsible Companies'
Prnewswire· 2024-12-05 21:15
SAN DIEGO, Dec. 5, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced it has been recognized by Newsweek as one of "America's Most Responsible Companies" for 2025, earning this distinction for the sixth consecutive year.The annual list ranks companies based on their commitment to corporate responsibility in the areas of corporate governance and responsible social and environmental practices. Sempra has been included since the list's inception. Sempra Named Among Newsweek's 'Most Responsi ...
Sempra: Above-Average Growth Prospects For A Utility Company
Seeking Alpha· 2024-12-04 18:12
Michael Fitzsimmons is a retired electronics engineer and avid investor. He advises investors to construct a well-diversified portfolio built on a core foundation of a high-quality low-cost S&P500 fund. For investors who can tolerate short-term risks, he advises an over-weight position in the technology sector, which he believes is still in the early stages of a long-term secular bull-market. For dividend income, and as a 4th generation oil & gas man, Fitzsimmons suggests investors consider a position in la ...