September 27, 2016 6:58 AM ET

Gas Utilities

Company Overview of Southern California Gas Co.

Company Overview

Southern California Gas Company engages in the distribution, transmission, and storage of natural gas in California. As of December 31, 2015, it had 5.9 million customer meters consisting of approximately 5,621,600 residential; 252,900 commercial; 26,300 industrial; and 50 electric generation and wholesale meters. The company’s natural gas facilities included 2,962 miles of transmission and storage pipelines; 50,097 miles of distribution pipelines; and 47,514 miles of service pipelines. Its natural gas facilities also comprised 11 transmission compressor stations and 4 underground natural gas storage reservoirs with a combined working capacity of 137 billion cubic feet. The company was found...

555 West Fifth Street

Los Angeles, CA 90013

United States

Founded in 1886

8,438 Employees

Phone:

213-244-1200

Fax:

909-305-8261

Key Executives for Southern California Gas Co.

Chairman and Chief Executive Officer
Age: 55
President, Chief Operating Officer and Director
Age: 57
Chief Financial Officer, Chief Accounting Officer, Vice President, Controller and Treasurer
Age: 48
Chairman of Sempra Energy and Chief Executive Officer of Sempra Energy
Age: 60
Chief Information Officer and Senior Vice President of Support Services
Age: 56
Compensation as of Fiscal Year 2016.

Southern California Gas Co. Key Developments

Southern California Gas Company Announces Management Changes

Sempra Energy announced that on September 8, 2016, the board of directors appointed Dennis V. Arriola, 55, as the executive vice president - corporate strategy and external affairs of Sempra Energy, with such appointment effective as of January 1, 2017. Mr. Arriola currently serves as the chief executive officer and chairman and a director of Southern California Gas Company, and he will cease serving in such roles as of the close of business on December 31, 2016. Mr. Arriola ceased serving as the president of Southern California Gas Company effective as of the close of business on September 9, 2016. On September 9, 2016, the Southern California Gas Company board of directors appointed Patricia K. Wagner, 54, as the Chief Executive Officer and a Director of Southern California Gas Company, with such appointments effective as of January 1, 2017. Ms. Wagner served as the president and chief executive officer of USGP from January 2014 to September 9, 2016. Previously, Ms. Wagner served as Vice President of Audit Services for Sempra from 2012 to January 2014 and as Vice President of Accounting and Finance for Southern California Gas Company from 2010 to 2012. Ms. Wagner currently serves on the Board of Directors of Apogee Enterprises Inc. On September 9, 2016, the Southern California Gas Company board of directors appointed J. Bret Lane, 57, as the President of Southern California Gas Company, with such appointment effective as of September 10, 2016. Mr. Lane has served as the Chief Operating Officer of Southern California Gas Company since January 2014 and as a Director of Southern California Gas Company since March 2014, and he will continue to serve in those roles in addition to serving as President of Southern California Gas Company. Previously, Mr. Lane served as Senior Vice President - Gas Operations and System Integrity of Southern California Gas Company and SDG&E from 2012 to January 2014 and as Vice President - Field Services of Southern California Gas Company and SDG&E from 2010 to 2012.

Southern California Gas Co. Releases New Video Demonstrating Aliso Canyon Storage Facility Operational Enhancements

Southern California Gas Co. released a new video demonstrating several operational enhancements and tools to monitor field operations at the Aliso Canyon natural gas storage facility, including daily and weekly safety and equipment checks, daily infrared video scanning, and continuous pressure monitoring. The safety enhancements, required by the Division of Oil, Gas and Geothermal Resources (DOGGR), are in addition to the ongoing and rigorous well inspection procedures underway at the facility. New operational enhancements include: Around-the-clock pressure monitoring of the tubing, production casing, and surface casing of every well - Continuous pressure data is transmitted 24/7 and can be reviewed by engineers and technicians. Any anomalies identified will initiate action and will be immediately reported to DOGGR. Daily patrols to visually examine every well at Aliso Canyon- This includes an assessment of the wellhead, the well cellar, and the surrounding area. Specialized technology will assist inspectors as they "look, listen, and smell" for any potential leaks. Daily scanning of each well using sensitive infrared thermal imaging cameras that can detect even the smallest leaks. Withdrawal and injection only through each well's tubing – The well's tubing is the inner pipe that is surrounded by an outer casing. This physical barrier provides another layer in the well to protect against leaks.

Southern California Gas Co. Declares Regular Quarterly Dividends for the Preferred Stock and Preferred Stock, Series, Payable on October 15, 2016

The board of directors of Southern California Gas Co. has declared regular quarterly dividends for the Preferred Stock of $|$0.375 per share and Preferred Stock, Series A $0.375 per share. The dividends are payable on October 15, 2016, to shareholders of record on September 10, 2016.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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