DALLAS, Aug. 6, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended June 30, 2024 net income of $251 million compared to three months ended June 30, 2023 net income of $200 million. The $51 million increase was driven by higher revenues primarily due to updated interim rates to reflect increases in invested capital, increases in transmission billing units, higher customer consumption primarily attributable to weather, the new base rates implemented in May 202 ...

Oncor reaches settlement in principle on ~$3B System Resiliency Plan SAN DIEGO, Aug. 6, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported second-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $713 million, or $1.12 per diluted share, compared to second-quarter 2023 GAAP earnings of $603 million, or $0.95 per diluted share. On an adjusted basis, the company's second-quarter 2024 earnings were $567 million, or $0.89 per diluted share, com ...

Sempra Energy (SRE) is scheduled to release its second-quarter 2024 results on Aug 6 before market open. The company delivered a negative earnings surprise of 0.74% in the last reported quarter. However, the company holds a four-quarter average earnings surprise of 3.87%. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors at Play In the second quarter, the majority of SRE's service territories experienced warmer-than-normal temperature patterns accompanied b ...

SOUTH FRESNO, Calif., Aug. 1, 2024 /PRNewswire-HISPANIC PR WIRE/ -- The Latino Restaurant Association (LRA) is excited to announce a new grant opportunity, sponsored by SoCalGas, to support local restaurant owners. This initiative will provide financial assistance to 35 restaurants in South Fresno, Kings, and Tulare Counties, focusing on restaurant owners of Latino heritage and those who have made significant contributions to the Latino community. "We are thrilled to collaborate with SoCalGas to support our ...

Sempra (SRE) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on August 6, 2024, might help the stock move higher if these key numbers are better than expectatio ...

LOS ANGELES, July 24, 2024 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) announced today that 29 students in Central and Southern California will receive a total of $314,000 from the SoCalGas Scholarship Program to pursue higher education at four-year universities, community colleges, and trade schools. For those attending four-year universities, the $5,000 scholarship can be renewed, providing a total of $20,000 over four years. Students planning to attend community colleges and trade schools will ...

DALLAS, July 22, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its second quarter 2024 results on August 6, prior to Sempra's (NYSE: SRE) (BMV: SRE) second quarter 2024 results conference call. Oncor's earnings release will be available on Oncor's website, oncor.com.Sempra executives will host a conference call at 12 p.m. ET on Tuesday, August 6 that will include discussion of Oncor's second quarter 2024 operational and financial results. Investors, media, analysts and ...

SAN DIEGO, July 22, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its second-quarter 2024 earnings by 8 a.m. ET on Tuesday, August 6.Jeffrey W. Martin, chairman and CEO, Karen Sedgwick, executive vice president and chief financial officer, and other senior leaders from across the company will host a conference call at 12 p.m. ET on Tuesday, August 6. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on the Investors section of ...

HOUSTON, July 18, 2024 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced that Port Arthur LNG Phase 2 and Bechtel Energy (Bechtel) have signed a fixed-price engineering, procurement and construction (EPC) contract for the Port Arthur LNG Phase 2 project under development in Port Arthur, Texas. "We are thrilled to achieve this milestone with Bechtel for the Port Arthur LNG Phase 2 development project and are confident that our continued collaboration with t ...

High voltage electric power lines at sunset. imaginima My work here on Seeking Alpha occasionally includes coverage of stocks with exceptionally high growth prospects, such as Amazon (AMZN). Even as a dividend growth investor, that's because I believe a handful of growth stocks are must-owns for me at this phase of my investing journey. However, the vast majority of my coverage here on Seeking Alpha focuses on established dividend growers. In my view, these high-quality investments can provide steadily gr ...