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Blue Chip Growth

Stock Report: Sempra Energy (SRE) Report Updated: Jun 27, 2016 | Print This Page

Sempra Energy© quotemedia

Company Profile

Sempra Energy operates as an energy services holding company worldwide. The company’s San Diego Gas & Electric Company segment transmits and distributes electricity and/or natural gas. As of February 23, 2015, this segment provided energy service approximately to 3.4 million consumers through 1.4 million electric meters and 878,000 natural gas meters in San Diego and southern Orange counties. Its Southern California Gas Company segment transmits, distributes, and stores natural gas. As of February 6, 2015, this segment served approximately to 21 million consumers through 5.8 million meters in 500 communities. This segment’s service territory comprises approximately 20,000 square miles throughout central and Southern California. The company’s Sempra South American Utilities segment provides electricity distribution services through 9,941 miles of distribution lines, 342 miles of transmission lines, and 47 substations. Its Sempra Mexico segment owns and operates a natural gas-fired power plant and a wind generation facility in Baja California, Mexico; natural gas distribution systems; natural gas pipelines and propane systems; and liquefied natural gas regasification terminals. The company’s Sempra Renewables segment develops solar electric generation facilities in Nevada, Arizona, and California, as well as develops wind electric generation facilities in Mexico. Its Sempra Natural Gas segment owns and operates a natural gas distribution utility located in Mobile and Baldwin counties in Alabama; and a natural gas distribution utility in Forrest County, Mississippi. The company primarily serves residential, commercial, and industrial customers. Sempra Energy was founded in 1998 and is headquartered in San Diego, California.