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 February 26, 2019, Sempra Energy, of which Southern California Gas Company is a consolidated subsidiary, issued a press release announcing consolidated earnings of $864 million, or $3.03 per diluted share of common stock, for the fourth 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 years ended December 31, 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
SOUTHERN CALIFORNIA GAS CO Exhibit
EX-99.1 2 ex99_1x20181231x10-k.htm EXHIBIT 99.1 Exhibit Exhibit 99.1NEWS RELEASE Media Contact:Amber Albrecht Sempra Energy (877) 340-8875 www.sempra.com Financial Contact:Patrick Billings Sempra Energy (877) 736-7727 [email protected] SEMPRA ENERGY’S 2018 EARNINGS RISE ON STRONG OPERATING RESULTS •Company Advances Strategy to Align Asset Portfolio with North American Focus •Common Dividend Raised for 9th Consecutive YearSAN DIEGO,…
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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.
