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Blue Chip Growth

Stock Report: Sempra Energy (SRE) Report Updated: Nov 24, 2014 | Print This Page

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Company Profile

Sempra Energy operates as an energy services holding company worldwide. The company operates utilities, develops new energy infrastructure, and provides energy-related services to approximately 31 million consumers worldwide. It operates in five segments: San Diego Gas & Electric, Southern California Gas Co., Sempra Generation, Sempra Pipelines & Storage, and Sempra LNG (liquefied natural gas).San Diego Gas & Electric is a regulated public utility that provides energy services to 3.5 million consumers through 1.4 million electric meters and approximately 850,000 natural gas meters. Its service territory covers 4,100 square miles in San Diego and southern Orange County. Southern California Gas Co. operates as a natural gas distribution utility, providing energy services to 20.9 million consumers through 5.8 million meters. Its service territory encompasses approximately 20,000 square miles throughout Central and Southern California. Sempra Generation provides electric power to markets in North America. It owns and operates a fleet of low-emission natural gas-fueled power plants; and develops solar and wind energy facilities, including the photovoltaic solar installation in the United States. Sempra Pipelines & Storage develops, builds, and operates natural gas pipelines and storage facilities in Mexico and the United States. It also manages natural gas and electricity distribution in Argentina, Chile, Mexico, Peru, and the United States. Sempra LNG imports liquefied natural gas (LNG) and operates receipt terminals in North America. The company was founded in 1998 and is headquartered in San Diego, California.

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