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  • Home Investors Financial News

Financial News

For a complete list of all company news releases, click here.

General Releases
View Summary Sempra Energy Posts Additional Information On Class-Action Litigation
Oct 22, 2004
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SAN DIEGO, Oct. 22, 2004 -- Sempra Energy (NYSE: SRE) today posted additional information on its Web site regarding class-action litigation initiated by Continental Forge Co. Background information in the form of questions and answers is available at www.sempra.com/legal.htm. Also posted on ...

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View Summary Media Statement: Plaintiffs' lawyers' claims have no merit
Oct 18, 2004
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SAN DIEGO, Oct. 18, 2004 -- Sempra Energy issued the following statement today regarding a press release issued by attorneys for Continental Forge Company: "Plaintiffs' trial lawyers today issued a press release about a court ruling published a month ago, coupled with inflammatory rhetoric about claims that have no merit," said Javade ...

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View Summary Sempra Energy LNG, Shell International Gas Limited Announce New Capacity Agreement For Mexican LNG Receipt Terminal
Oct 14, 2004
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SAN DIEGO and MEXICO CITY, Oct. 14, 2004 - Shell International Gas Limited (Shell) and Sempra Energy LNG, a subsidiary of Sempra Energy (NYSE:SRE), today announced a 20-year agreement that provides Shell with half the initial capacity of the EnergĂ­a Costa Azul liquefied natural gas (LNG) regasification terminal in Baja California, Mexico. The...

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View Summary Sempra Energy Lng Signs Supply Agreement To Bring Indonesian Lng To Mexico Terminal
Oct 12, 2004
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SAN DIEGO, Oct. 12, 2004 - Sempra Energy LNG, a subsidiary of Sempra Energy (NYSE:SRE), today announced it has signed a sales and purchase agreement with BP and its Tangguh LNG partners for the supply of 3.7 million tonnes of liquefied natural gas (LNG) per year, the equivalent of 500 million cubic feet of natural gas a day. The LNG ...

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View Summary Sempra Energy President Donald Felsinger to speak at Merrill Lynch conference Sept. 28
Sep 24, 2004
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SAN DIEGO, Sept. 24, 2004 - Donald E. Felsinger, president and chief operating officer of Sempra Energy (NYSE: SRE), will participate in a panel discussion, "Natural Gas and LNG," at the Merrill Lynch Global Power & Gas Leaders Conference Sept. 28 in New York. The panel is scheduled to begin at approximately 3:45 p.m. EDT. ...

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View Summary Sempra Energy CEO Stephen Baum to speak at Lehman Brothers Conference Sept. 8
Sep 3, 2004
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SAN DIEGO, Sept. 3, 2004 - Stephen L. Baum, chairman and chief executive officer of Sempra Energy (NYSE: SRE), will provide a company overview at the Lehman Brothers CEO Energy/Power Conference Sept. 8, in New York. For the presentation, which is scheduled to begin at approximately 3:45 p.m. EDT, Baum will provide an update on Sempra Energy's...

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View Summary Mark A. Snell Named Group President, Sempra Energy Global Enterprises
Aug 4, 2004
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SAN DIEGO, Aug. 4, 2004 - Mark A. Snell has been named group president of Sempra Energy Global Enterprises, overseeing Sempra Energy's businesses operating in competitive energy markets, including energy trading, electric generation, liquefied natural gas, pipelines and storage facilities, international utilities and retail energy marketing. ...

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View Summary San Diego Gas & Electric And Southern California Gas Co. Announce Settlement Agreement In Final Phase Of Rate Case
Jul 22, 2004
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SAN DIEGO and LOS ANGELES, July 22, 2004 - Sempra Energy's California utilities, San Diego Gas & Electric (SDG&E) and Southern California Gas Co. (The Gas Company), announced today they have reached a settlement-in-principle with the California Public Utilities Commission (CPUC) Office of Ratepayer Advocates, The Aglet Consumer Alliance, The Utilit...

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View Summary Sempra Energy advances development of two Louisiana gas storage facilities
Jul 20, 2004
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SAN DIEGO, July 20, 2004 - Sempra Energy Global Enterprises today announced that Pine Prairie Energy Center LLC, an indirect wholly owned subsidiary of Sempra Energy Global Enterprises, has petitioned for authorization from the Federal Energy Regulatory Commission (FERC) to construct and operate its Pine Prairie Energy Center gas storage facilit...

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View Summary SDG&E joins settlement with Duke Energy
Jul 13, 2004
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SAN DIEGO, July 13, 2004 - San Diego Gas & Electric (SDG&E) joined with other California parties today in announcing that they have reached a settlement with Duke Energy Corp. and some of its affiliates that will provide refunds concerning Duke's energy charges during the California energy crisis of 2000-01. The settlement resolves cla...

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View Summary SDG&E updates long-term energy resource plan
Jul 12, 2004
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SAN DIEGO, July 12, 2004 - San Diego Gas & Electric (SDG&E) filed late Friday thefirst annual update to its long-term resource plan to continue supplying safe and reliable power to its customers. The plan calls for accelerated purchases of renewable energy, such as wind and solar power, a new transmission line in the 2010 time frame, and additi...

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View Summary Sempra Energy And Carlyle/Riverstone Complete Acquisition Of Coleto Creek Power In Texas
Jul 1, 2004
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SAN DIEGO and NEW YORK, July 1, 2004 - Sempra Energy Partners, a subsidiary of Sempra Energy (NYSE:SRE), and Carlyle/Riverstone, an energy and power-focused private equity fund, today completed the acquisition of Coleto Creek Power Station, a 632-megawatt (MW) coal-fired power plant previously owned by American Electric Power (AEP) in Goliad Cou...

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View Summary Sempra Energy Trading Closes $1 Billion Credit Facility
Jun 21, 2004
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STAMFORD, Conn., June 21, 2004 - Sempra Energy Trading, the energy-trading unit of Sempra Energy (NYSE: SRE), today announced it has completed a two-year committed credit facility for $1 billion to help finance the company's global operations. The line of credit, extended by a consortium of 12 major financial institutions, allows for bor...

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View Summary Sempra Energy CEO to speak at Deutsche Bank conference June 15
Jun 14, 2004
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SAN DIEGO, June 14, 2004 - Stephen L. Baum, chairman and chief executive officer of Sempra Energy (NYSE: SRE), will provide a company overview at the Deutsche Bank Electric Power Conference Tuesday, June 15, in New York. For the presentation, which is scheduled to begin at approximately 4 p.m., EDT, Baum will provide an update of Sem...

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View Summary State Regulators Approve SDG&E's Regional Reliability Plan
Jun 9, 2004
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SAN DIEGO, June 9, 2004 - The California Public Utilities Commission (CPUC) today approved San Diego Gas & Electric's (SDG&E) comprehensive plan that will enable the utility to meet the growing energy needs of its customers. In addition to demand-response programs, and new renewable resources, the CPUC approved the first new large-scale power plan...

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View Summary Sempra Energy Names Donald E. Felsinger President And Chief Operating Officer, Announces Management Succession Plan
Jun 9, 2004
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SAN DIEGO, June 9, 2004 -- Sempra Energy (NYSE: SRE) today announced that its board of directors has elected Donald E. Felsinger to the position of president and chief operating officer and to its board of directors. The company also announced that Neal E. Schmale, executive vice president and chief financial officer of Sempra Energy, has been ele...

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View Summary Sempra Energy raises earnings-per-share guidance for 2004
Jun 3, 2004
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SAN DIEGO, June 3, 2004 - In advance of its financial analysts' conference today in San Diego, Sempra Energy (NYSE: SRE) has updated its earnings outlook and announced developments related to its power-generation and energy-trading operations. The company today raised its earnings guidance for 2004 to $2.90 to $3.10 per share from its pr...

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View Summary Sempra Energy completes $600 million debt offering
May 21, 2004
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SAN DIEGO, May 21, 2004 - Sempra Energy (NYSE: SRE) today successfully completed its public offering of $600 million of senior unsecured notes. The proceeds of the issuance will be used to repay $500 million of debt maturing July 1, 2004, and for general corporate purposes. The offering consisted of $300 million of 4.75-percent, five-ye...

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View Summary Sempra Energy LNG Notifies Federal Regulators Of New ProjectNear Port Arthur, Texas
Apr 21, 2004
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SAN DIEGO, April 21, 2004 - Sempra Energy LNG today announced plans to develop and construct a new $600 million liquefied natural gas (LNG) receiving terminal near Port Arthur, Texas, capable of processing 1.5 billion cubic feet (Bcf) of natural gas per day. The facility would be constructed on part of a 3,000-acre parcel of land along t...

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View Summary Sempra Energy to develop Louisiana gas storage facility
Apr 16, 2004
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SAN DIEGO, April 16, 2004 - Sempra Energy Global Enterprises today announced that one of its subsidiaries has acquired from SG Resources Louisiana, L.L.C. land and associated rights for the development of a new, salt-cavern gas storage facility in Evangeline Parish, La. This project will operate under the name of Pine Prairie Energy Center and will...

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Sempra U.S. Gas & Power, LLC and Sempra International, LLC are not the same company as the utility, San Diego Gas & Electric (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra U.S. Gas & Power, LLC and Sempra International, LLC are not regulated by the California Public Utilities Commission.

Note: Formerly known as entities Sempra Generation, Sempra LNG and Sempra Pipelines & Storage have now been realigned under Sempra International and Sempra U.S. Gas & Power.