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Southern California Gas Company PFD SER A 6% - $SOCGP STOCK NEWS

Welcome to our dedicated page for Southern California Gas Company PFD SER A 6% news (Ticker: $SOCGP), a resource for investors and traders seeking the latest updates and insights on Southern California Gas Company PFD SER A 6% stock.

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SoCalGas announced that nonprofit organizations can apply for grants of up to $50,000 through the SoCal Climate Champions Grant Program. The initiative, which has awarded over $3 million since 2015, supports projects that reduce greenhouse gas emissions, improve air quality, or provide organic waste solutions. The application window runs from April 21 to June 21, with winners announced in October. Past recipients include the Orange County Conservation Corps and the Cal Poly Pomona Foundation, which used grants for climate resilience projects and energy storage systems. The program falls under SoCalGas's ASPIRE 2045 Sustainability Strategy, aiming for $50 million in community investments and a carbon-neutral future.

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-0.16%
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SoCalGas released its stand-alone chapter of parent company Sempra's 2023 Corporate Sustainability Report, showcasing its ASPIRE 2045 sustainability strategy aimed at achieving net-zero greenhouse gas emissions by 2045. The report highlights sustainability efforts such as methane emission reduction, green tariff enrollment, alternative fuel vehicle conversion, renewable natural gas delivery, energy efficiency programs, pipeline safety enhancements, diverse supplier spending, and community development initiatives. SoCalGas has been recognized for its sustainability goals and transformative efforts, earning awards for its innovative projects.

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1.98%
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SoCalGas has been awarded the ENERGY STAR Partner of the Year award by the U.S. Environmental Protection Agency for the second year in a row. The utility was recognized for its dedication to energy efficiency, saving customers money, conserving energy, and transitioning to a net-zero emissions future. Through its programs, SoCalGas has saved customers millions of dollars, reduced greenhouse gas emissions, and helped households and businesses improve their energy efficiency.

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0.58%
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SoCalGas recently hosted the U.S. Department of Energy's Second Annual Minority Business Summit, bringing together 700 diverse business leaders from 33 states to emphasize the importance of diverse spending.
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SoCalGas collaborates with Electrochaea and LLNL to develop a single-stage electro-bioreactor for synthetic biomethane production, potentially revolutionizing biomethane production and decarbonizing gas infrastructure. The project aims to increase RNG yield and reduce greenhouse gas emissions, supported by a $1 million DOE grant. The technology could enable the decarbonization of the natural gas grid infrastructure, aligning with California's carbon neutrality goals by 2045.
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SoCalGas Unveils Revamped Storefront at JA Finance Park to Educate Students on Clean Energy and Financial Literacy
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-0.85%
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SoCalGas announces $1 million Gas Assistance Fund to support eligible customers with grants of up to $200 for natural gas bills in 2024. The Fund is based on total household income and size, aiming to help customers manage their energy consumption and reduce bills. SoCalGas collaborates with United Way of Greater Los Angeles to assist income-qualified customers, offering various energy-saving programs and services.
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3.03%
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Southern California Gas Company, Kenworth Truck Company, and Toyota Motor North America display hydrogen fuel cell electric vehicles at World Ag Expo to promote decarbonization and reduce emissions. SoCalGas aims to convert 50% of its fleet to alternative fuels by 2025 and achieve a 100% zero emissions fleet by 2035, highlighting the importance of hydrogen technology in reducing greenhouse gas emissions and improving air quality.
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SoCalGas has announced regular quarterly dividends for its preferred series stock, with a payout of $0.375 per share. The dividends are payable on April 15, 2024, to shareholders of record on March 10, 2024.
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Southern California Gas Company (SoCalGas) successfully installed Nostromo Energy's IceBrick system at the Beverly Hilton and Waldorf Astoria hotels, reducing the need for air conditioning during peak electric demand, cutting energy use and costs, and decreasing greenhouse gas emissions. The IceBrick system uses off-peak electricity to convert water into ice, which is then used to cool the building's air conditioning system during peak demand hours. SoCalGas has supported nearly 4,000 projects applying for over $300 million in incentives, with energy efficiency programs reducing greenhouse gas emissions by 1.2 million metric tons of carbon dioxide.
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Southern California Gas Company PFD SER A 6%

OTC:SOCGP

SOCGP Rankings

SOCGP Stock Data

2.37B
Pipeline Transportation of Natural Gas
Transportation and Warehousing
Link
United States of America
Los Angeles

About SOCGP

as the nation's largest natural gas distribution utility, we deliver clean, safe and reliable energy to 21.6 million consumers through 5.9 million meters in more than 500 communities. our service territory encompasses approximately 20,000 square miles in diverse terrain throughout central and southern california, from visalia to the mexican border.