Last $97.13 USD
Change Today -1.23 / -1.25%
Volume 1.2M
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As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

101 Ash Street

San Diego, CA 92101

United States

Phone: 619-696-2000


Sempra Energy, through its subsidiaries, operates as an energy services company. The company’s subsidiaries include San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas). The company’s principal operating units include SDG&E and SoCalGas, which are separate segments; Sempra International, which includes Sempra South American Utilities and Sempra Mexico segments; and Sempra U.S. Gas & Power, which includes Sempra Renewables and Sempra Natural Gas segments. California Natural Gas Utility Operations SoCalGas and SDG&E sell, distribute and transport natural gas. SoCalGas purchases and stores natural gas for its core customers and SDG&E’s core customers on a combined portfolio basis and provides natural gas storage services for others. As of December 31, 2012, SoCalGas had 5.8 million customer meters consisting of approximately: 5,545,500 residential; 246,100 commercial; 27,200 industrial; and 50 electric generation and wholesale. As of December 31, 2012, SDG&E had approximately 860,000 natural gas customer meters consisting of approximately: 827,000 residential; 28,600 commercial; and 3,600 electric generation and transportation. The company’s core customers are primarily residential and small commercial and industrial customers. Its noncore customers at SoCalGas consist primarily of electric generation, wholesale, large commercial, industrial, and enhanced oil recovery customers. SoCalGas’ wholesale customers are primarily other investor-owned utilities (IOUs), including SDG&E, or municipally owned natural gas distribution systems. Noncore customers at SDG&E consist primarily of electric generation and large commercial and industrial customers. Natural Gas Storage SoCalGas provides natural gas storage services for core, noncore and non-end-use customers. The California Utilities’ core customers are allocated a portion of SoCalGas’ storage capacity. SoCalGas offers the remaining storage capacity for sale to others, including SDG&E for its non-core customer requirements, through an open bid process. The storage service program provides opportunities for these customers to purchase and store natural gas when natural gas costs are low, usually during the summer, thereby reducing purchases when natural gas costs are expected to be higher. This program allows customers to manage their natural gas procurement and transportation needs. Electric Utility Operations SDG&E SDG&E’s service area covers 4,100 square miles. As of December 31, 2012, SDG&E had 1.4 million customer meters consisting of approximately: 1,245,900 residential; 147,400 commercial; 500 industrial; 2,100 street and highway lighting; and 5,400 direct access. SONGS: SDG&E has a 20-percent ownership interest in SONGS, which is located south of San Clemente, California. SONGS consists of two operating nuclear generating units. The city of Riverside owns 1.79 percent and Southern California Edison Company (Edison), the operator of SONGS, owns the remaining interest of 78.21 percent. Power Pool: SDG&E is a participant in the Western Systems Power Pool, which includes an electric-power and transmission-rate agreement with utilities and power agencies located throughout the United States and Canada. Chilquinta Energía Chilquinta Energía is an electric distribution utility serving approximately 620,000 customers in the cities of Valparaiso and Viña del Mar in central Chile, with a main service area covering 4,400 square miles. As of December 31, 2012, its customers consisted of approximately: 576,000 residential; 36,000 commercial; 1,000 industrial; 5,000 street and highway lighting; and 5,000 agricultural. In Chile, customers are also classified as regulated and non-regulated customers based on installed capacity. Regulated customers are those whose installed capacity is less than 500 kilowatts (kW). Luz del Sur Luz del Sur is an electric distribution utility serving approximately 950,000 customers in the southern zone of metropolitan Lima, Peru, with a main service area covering 1,160 square miles. As of December 31, 2012, its customers consisted of approximately 893,000 residential; 56,000 commercial; 4,000 industrial; 5,000 street and highway lighting; and 1,000 agricultural. Competition The company’s renewable energy competitors include BP, Exelon Energy, Iberdrola Renewables, MidAmerican Energy, NextEra Energy Resources, and NRG Energy. The company’s natural gas generation competitors include Calpine, NextEra Energy Resources, Dynegy, and NRG Energy. Sempra Natural Gas’ competitors include AES Corporation, Boardwalk Pipeline Partners, Duke Energy, Enbridge, Inc., Endesa, Energy Transfer Partners, Enstor, Enterprise Product Partners, Kinder Morgan, NiSource, Inc., Phillips 66, Plains All-American, Spectra Energy, Tallgrass Energy Partners, L.P., TransCanada, and The Williams Companies. Sempra Mexico’s natural gas pipeline competitors include EDF Energy, Elecnor, Fermaca, GDF SUEZ, Kinder Morgan, Mitsubishi, Mitsui, PEMEX (MGI), Samsung, and TransCanada. The company’s LNG businesses’ major domestic and international competitors include the following companies and their related LNG affiliates: BG, Gas Natural Fenosa, BP, Gazprom, Cheniere Energy, GDF SUEZ, Chevron, Kinder Morgan, ConocoPhillips, Petronas, Dominion Resources, Qatar Petroleum, Energy Transfer Partners, Repsol, Eni, Royal Dutch Shell, Excelerate Energy, Statoil, ExxonMobil, and Total S.A. The company’s LNG liquefaction business’s major domestic and international competitors include BG, Kogas, BP, Mitsubishi, Cheniere Energy, Mitsui, Chevron, Petronas, China National Petroleum Company, Qatar Petroleum, ConocoPhillips, Santos, Dow Chemical, Shell, ExxonMobil, Total S.A., GDF SUEZ, Woodside, and Kinder Morgan. Significant Events In May 2013, Sempra Energy, Mitsui & Co. Ltd., GDF Suez S.A., and Mitsubishi Corporation announced that they have signed 20-year tolling capacity and joint-venture agreements to support the development, financing and construction of a liquefied natural gas (LNG) export facility at the site of the Cameron LNG receipt terminal in Hackberry, La. History Sempra Energy was founded in 1886.


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