Company Profile
Sempra Energy
Company Overview
Based in San Diego, Sempra Energy is a Fortune 500 energy services company with 2007 revenues of more than $11 billion. Sempra Energy serves the largest customer base of any energy utility in the United States. With 13,500 employees worldwide, the Sempra Energy companies develop energy infrastructure, operate utilities, and provide related products and services to more than 29 million consumers worldwide.
Sempra Energy is a publicly held California Corporation with common stock traded on the New York Stock Exchange (NYSE) under the symbol “SRE.” Sempra Energy has approximately 230,000 shareholders. Roughly 42 percent of the stock is individually held.
Sempra Energy was formed in June 1998 by a merger between San Diego-based Enova Corporation (parent company of San Diego Gas & Electric) and Los Angeles-based Pacific Enterprises (parent company of Southern California Gas Company).
Sempra Energy is the parent company of the following U.S.-based subsidiaries:
Sempra utilities
San Diego Gas & Electric (SDG&E)
Southern California Gas (SoCalGas)
Sempra Global
Sempra Commodities
Sempra Generation
Sempra Pipelines & Storage
Sempra LNG
Sempra Energy’s future direction is focused on two major initiatives: investing in our California utilities, San Diego Gas & Electric (SDG&E) and Southern California Gas Company (SoCalGas), and in projects to build new North American natural gas infrastructure.
Since Sempra Energy was formed in 1998, the company has become on e of the few successful, integrated energy companies in the United States.