Stock Symbol: SRE
101 Ash St
Sempra Energy Industry:
Natural Gas Utilities
Sempra Energy Description:
Sempra Energy Solutions -- a subsidiary of Sempra Energy Global Enterprises, the umbrella for Sempra Energy’s growth businesses -- offers commercial and industrial businesses outsourcing services that help them drive efficiencies in the ever-changing energy environment. The company provides its customers an integrated mix of services such as facility management, supply and price-risk management, energy efficiency, energy-asset management, infrastructure ownership, and information and billing services. Sempra Energy (NYSE: SRE), based in San Diego, is a Fortune 500 energy services holding company with 2001 revenues of $8 billion. The Sempra Energy companies’ nearly 12,000 employees serve more than 9 million customers in the United States, Europe, Canada, Mexico, South America and Asia.
Sempra Energy Financial Summary:
SRE is a California-based energy services company whose primary subsidiaries are San Diego Gas & Electric, which provides electric and gas service to San Diego and southern Orange Counties, & Southern California Gas Company. For the 6 months ended 6/30/05, revenues rose 14% to $4.96B. Net income from cont. ops. fell 1% to $346M. Results reflect utility rate increases and growth in non-utility businesses, offset by a sharp profit decline at Sempra Commodities.
Sempra Energy Business Summary:
Sempra Energy is an energy services holding company that, through its subsidiaries, develops energy infrastructure, operates utilities and provides related products and services to more than 29 million consumers in the United States, Europe, Canada, Mexico, South America and Asia. The Sempra Utilities (Southern California Gas Company (SoCalGas) and San Diego Gas & Electric (SDG&E)) serve California customers from the state's Central Valley to the Mexican border. Sempra Global is the umbrella company for Sempra Commodities, Sempra Generation, Sempra Pipelines & Storage, and Sempra LNG and several smaller business units.