Sempra Energy (SRE) Tops Q2 EPS by 17c

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Go back to Sempra Energy (SRE) Tops Q2 EPS by 17c

Sempra Energy Reports Second-Quarter 2015 Earnings

August 4, 2015 9:00 AM EDT

SAN DIEGO, Aug. 4, 2015 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today reported second-quarter 2015 earnings of $295 million, or $1.17 per diluted share, compared with $269 million, or $1.08 per diluted share, in the second quarter 2014.

Sempra Energy's second-quarter 2015 earnings included a $36 million after-tax gain on the sale of the second block of Sempra U.S. Gas & Power's Mesquite Power facility and $1 million after tax in liquefied natural gas (LNG) liquefaction development expenses. Excluding the gain on sale of Mesquite Power and the LNG liquefaction development... More

IEnova To Acquire PEMEX's Equity Interest In Joint Venture

July 31, 2015 5:24 PM EDT

SAN DIEGO, July 31, 2015 /PRNewswire/ -- Sempra Energy's (NYSE: SRE) Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IENOVA) (BMV: IENOVA) and Petróleos Mexicanos (PEMEX) today jointly announced that IEnova has agreed to purchase PEMEX's 50-percent equity interest in the Gasoductos de Chihuahua joint venture for $1.325 billion, plus the assumption of approximately $170 million in net debt. 

The transaction is expected to be about $0.05 accretive to Sempra Energy's diluted earnings per share in 2016, growing to approximately $0.10 per share by... More

Sempra Energy Releases 2014 Corporate Responsibility Report

July 31, 2015 1:15 PM EDT

SAN DIEGO, July 31, 2015 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today released its latest annual corporate responsibility report, a comprehensive overview of the company's sustainable business model and results.

The 2014 report, entitled "Growing Responsibly," focuses on the company's progress in reducing air emissions, conserving water, achieving safety goals, meeting energy-efficiency standards, developing renewable energy projects and encouraging diversity among employees and suppliers.

"To be successful, we must provide safe and reliable service to our millions of customers and continue to grow our business in a sustainable way," said Debra L. Reed, Sempra... More