Company Overview of Southern California Gas Co.
Southern California Gas Company engages in the distribution, transmission, and storage of natural gas in California. As of December 31, 2014, it had 5.9 million customer meters consisting of approximately 5,594,100 residential; 246,800 commercial; 27,000 industrial; and 50 electric generation and wholesale meters. The company’s natural gas facilities included 2,960 miles of transmission and storage pipelines; 50,001 miles of distribution pipelines; and 47,517 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
Founded in 1886
Key Executives for Southern California Gas Co.
Chief Executive Officer, President and Director
Chief Financial Officer, Chief Accounting Officer, Vice President, Controller and Treasurer
Chief Operating Officer and Director
Chairman of Sempra Energy and Chief Executive Officer of Sempra Energy
Chief Information Technology Officer and Senior Vice President of Support Services
Compensation as of Fiscal Year 2014.
Southern California Gas Co. Key Developments
Southern California Gas Company Appoints Lee Schavrien as Chief Administrative Officer, Effective June 6, 2015
Jun 1 15
On May 28, 2015, Southern California Gas Company announced the appointment of Mr. Lee Schavrien as Chief Administrative Officer effective June 6, 2015. Effective as of the end of the day on June 5, 2015, he will no longer serve as the Senior Vice President, Regulatory Affairs and Operations Support.
Southern California Gas Co. Declares Regular Quarterly Dividends for the Preferred Stock and Preferred Stock, Series A , Payable on July 15, 2015
May 26 15
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 of $0.375 per share. The dividends are payable on July 15, 2015, to shareholders of record on June 10, 2015.
Southern California Gas Co. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015
May 5 15
Southern California Gas Co. (SoCalGas) reported unaudited earnings results for the first quarter ended March 31, 2015. For the period, the company reported earnings climbed to $214 million from $78 million last year, due primarily to higher authorized margin and the $113 million seasonal adjustment related to its core activities. Capital expenditures and investments was $315 million against $260 million a year ago. Revenues were $1,048 million against $1,085 million a year ago. Income before interest and tax was $328 million against $133 million a year ago.
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