Sempra Energy - SRE STOCK NEWS

SDG&E has made history by becoming the first California utility to receive the prestigious Cal/OSHA Voluntary Protection Program (VPP) safety certification at its Kearny Mesa facility. This recognition, the highest safety honor offered by California's occupational safety division, comes after a rigorous five-year evaluation process.

The facility, which serves as the backbone of SDG&E's regional electrical operations, demonstrated exceptional workplace safety practices, employee engagement, and injury prevention measures. The site also houses a 30-megawatt battery energy storage system, showcasing the company's commitment to innovation and reliability.

Key achievements highlighted by Cal/OSHA include innovative safety initiatives such as hazard reporting tools, ergonomic equipment upgrades, and employee-led safety briefings. The certification process evaluated the company's comprehensive training programs, proactive hazard prevention culture, and overall safety management systems, all of which exceeded standard regulatory requirements.

Oncor Electric Delivery Company has announced it will release its fourth quarter and year end 2024 results on February 25, before Sempra's (NYSE: SRE) conference call. The results will be available on oncor.com. Sempra will host a conference call at 12 p.m. ET on February 25 to discuss Oncor's operational and financial results.

Investors and interested parties can access the live webcast through Sempra's website, with presentation slides available before the call. A replay will be accessible after the event. Oncor's Annual Report on Form 10-K for 2024 will be filed with the SEC after the conference call.

Oncor operates the largest transmission and distribution system in Texas, serving over 4 million customers and managing more than 143,000 circuit miles of lines. The company is majority-owned by Sempra, with Texas Transmission Investment as minority owner.

Sempra (NYSE: SRE) has announced it will release its fourth-quarter and full-year 2024 earnings on February 25, 2025, at 8 a.m. ET. The announcement will include an update on the company's five-year capital and financing plan.

A conference call led by Chairman and CEO Jeffrey W. Martin, CFO Karen Sedgwick, and other senior leaders will be held at 12 p.m. ET on the same day. The call will be accessible via webcast through the Investors section of Sempra's website. An accompanying slide presentation will be available on the Investors site by 8 a.m. ET, and a replay of the webcast will be provided for those unable to attend the live event.

Sempra (NYSE: SRE) has announced the appointment of two new directors to its board, effective March 1, 2025. Anya Weaving, with extensive investment banking experience in oil and gas, and Kevin Sagara, with over 30 years in the energy sector, will join the board, bringing the total number of directors to 11.

Weaving, who also serves on APA 's board, is the former vice chair of global natural resources at Bank of America. Sagara, who retired from Sempra in 2023, previously served as group president of Sempra California and held positions as CEO of San Diego Gas & Electric and president of Sempra Renewables.

These appointments reflect Sempra's commitment to board refreshment, with four new directors elected in the past five years. Weaving will serve on the audit and compensation committees, while Sagara will join the safety, sustainability and technology committee.

SoCalGas (SOCGP) has announced its regular quarterly dividend declaration for preferred stockholders. The board of directors has approved dividends of $0.375 per share for both the Preferred Stock and Preferred Stock, Series A. These dividends will be paid on April 15, 2025, to shareholders who are recorded as owners as of March 10, 2025.

Sempra (NYSE: SRE) has achieved its 14th consecutive year on the Dow Jones Sustainability Index (DJSI) North America, demonstrating the company's continued excellence in sustainable business practices. The company particularly excelled in risk and crisis management, community relations, and information security and cybersecurity.

The DJSI North America evaluates the top 20% of the 600 largest Canadian and U.S. companies in the S&P Global Broad Market Index based on sustainable business practices. Sempra, which serves approximately 40 million consumers across major markets including California and Texas, owns one of North America's largest energy networks.

The company has also garnered recognition from other prestigious indices and publications, including the FTSE4Good Index, JUST 100 list, TIME Magazine's World's Best Companies, Newsweek's America's Most Responsible Companies, and Fortune Magazine's World's Most Admired Companies. Additionally, Sempra achieved a perfect score on the CPA-Zicklin Index of Corporate Political Disclosure and Accountability.

SoCalGas has announced a $400,000 donation to the YMCA of Metropolitan Los Angeles (LA Y) to support communities affected by the Eaton fire. The donation will help expand critical resources including extended operating hours, free community access to YMCA amenities, and childcare services for first responders and displaced families.

Additionally, 100 SoCalGas employees are volunteering at the Pasadena-Sierra Madre Y to organize community donations. The LA Y is providing essential services such as showers, Wi-Fi, food, water, and other necessities to affected residents. The organization has committed to offering long-term support for the community's recovery process.

The initiative has received support from local officials, including Pasadena Mayor Victor M. Gordo and Supervisor Kathryn Barger, who emphasized the importance of community partnerships during emergencies. The LA Y continues to accept donations of specific items such as hygiene kits, diabetic-friendly food, and sleeping equipment to support the relief effort.

Sempra (NYSE: SRE) and Sempra Foundation have announced a combined pledge of $1 million in charitable contributions to support those affected by the California wildfires. The commitment includes up to $750,000 from Sempra Foundation for disaster relief efforts in the greater Los Angeles community, which will be distributed to the American Red Cross Los Angeles Region and Team Rubicon.

The foundation will also match employee contributions to eligible community organizations supporting fire relief. Additionally, Sempra will establish a Relief Fund with up to $250,000 to assist employees from the Sempra family of companies directly affected by disasters.

Sempra (NYSE: SRE) chairman and CEO Jeffrey W. Martin received the lifetime achievement award from S&P Global Commodity Insights at the Platts Global Energy Awards. Under Martin's leadership since 2018, Sempra has transformed into North America's premier energy infrastructure company, executing approximately $30 billion in transactions since 2017.

The company has more than doubled in value while becoming the largest utility holding company serving American consumers. Sempra has strategically focused on transmission and distribution in key markets including California, Texas, Mexico, and global energy markets, while positioning itself around electrification, decarbonization, and energy security trends through 2030.