SOUTHERN CALIFORNIA GAS COMPANY (OTCMKTS:SOCGP) Files An 8-K Results of Operations and Financial Condition

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SOUTHERN CALIFORNIA GAS COMPANY (OTCMKTS:SOCGP) Files An 8-K Results of Operations and Financial Condition

SOUTHERN CALIFORNIA GAS COMPANY (OTCMKTS:SOCGP) Files An 8-K Results of Operations and Financial Condition
Item 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 6, 2018, Sempra Energy, of which Southern California Gas Company is a consolidated subsidiary, issued a press release announcing consolidated losses of $561 million, or $2.11 per diluted share of common stock, for the second quarter of 2018. 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 Statements of Operations Data by Segment for the three months and six months ended June 30, 2018 and 2017. 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

99.1 August 6, 2018 Sempra Energy News Release (including tables).


SOUTHERN CALIFORNIA GAS CO Exhibit
EX-99.1 2 ex99_1q22018earningstables.htm EXHIBIT 99.1 Exhibit Exhibit 99.1NEWS RELEASE     Media Contact:Doug Kline    Sempra Energy    (877) 340-8875    www.sempra.com        Financial Contact:Patrick Billings    Sempra Energy    (877) 736-7727    [email protected]   SEMPRA ENERGY REPORTS SECOND-QUARTER 2018 RESULTS•Development Advancing for LNG Export Projects•Asset Sales Process Underway for U.S. Wind,…
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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.