SOUTHERN CALIFORNIA GAS COMPANY (OTCMKTS:SOCGP) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
The information furnished in this Item 2.02 and in Exhibits 99.1 and 99.2 shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, nor shall it be deemed to be incorporated by reference in any filing of Southern California Gas Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
On August 4, 2017, Sempra Energy, of which Southern California Gas Company is a consolidated subsidiary, issued a press release announcing consolidated earnings of $259 million, or $1.03 per diluted share of common stock, for the second quarter of 2017. The press release has been posted on Sempra Energy’s website (www.sempra.com) and a copy is attached as Exhibit 99.1.
Concurrently with the website posting of such press release and as noted therein, Sempra Energy also posted its Statement of Operations Data by Segment for the three months and six months ended June 30, 2017 and 2016. A copy of such information is attached as Exhibit 99.2.
The Sempra Energy financial information contained in the press release includes, on a consolidated basis, information regarding Southern California Gas Company’s results of operations and financial condition.
Item 9.01 Financial Statements and Exhibits.
Exhibits
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99.1 |
August 4, 2017 Sempra Energy News Release (including tables). |
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99.2 |
Sempra Energy’s Statement of Operations Data by Segment for the three months and six months ended June 30, 2017 and 2016. |
SOUTHERN CALIFORNIA GAS CO ExhibitEX-99.1 2 ex99_1q22017earningstables.htm EXHIBIT 99.1 Exhibit Exhibit 99.1NEWS RELEASEMedia Contact: Doug KlineSempra Energy(877) 340-8875www.sempra.com Financial Contact: Patrick BillingsSempra Energy(877) 736-7727investor@sempra.comSEMPRA ENERGY’S SECOND-QUARTER 2017 EARNINGS RISE•Strong Performance Drives Increase in 2017 Earnings Guidance•Company Affirms 2018 Earnings-Per-Share Guidance Range of $5.30 to $5.80•Positive Regulatory Developments Include Approval of Two-Year Cost-of-Capital Extension,…To view the full exhibit click here
About SOUTHERN CALIFORNIA GAS COMPANY (OTCMKTS:SOCGP)
Southern California Gas Company (SoCalGas) sells, distributes and transports natural gas. SoCalGas purchases and stores natural gas for its customers and San Diego Gas & Electric Company (SDG&E)’s customers on a combined portfolio basis and provides natural gas storage services for others. Its noncore customers at SoCalGas consist primarily of electric generation, wholesale, large commercial and industrial, and oil recovery customers. SoCalGas’ wholesale customers are primarily other investor-owned utilities (IOUs), including SDG&E, or municipally owned natural gas distribution systems. It purchases natural gas under short-term and long-term contracts for the California Utilities’ customers. SoCalGas purchases natural gas from Canada, the United States Rockies and the southwestern United States to meet its and SDG&E’s customer requirements and maintain supply reliability. It purchases some California natural gas production and additional supplies delivered directly to California.