SAN DIEGO, June 14, 2016 /PRNewswire/ -- The board of
directors of Sempra Energy (NYSE:SRE) today declared a quarterly
dividend of $0.755 per share of
common stock. The current dividend is payable July 15, 2016, to shareholders of record on
June 30, 2016.
Sempra Energy, based in San
Diego, is a Fortune 500 energy services holding company with
2015 revenues of more than $10
billion. The Sempra Energy companies' 17,000 employees
serve more than 32 million consumers worldwide.
This press release contains statements that are not
historical fact and constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements can be identified by words like
"believes," "expects," "anticipates," "plans," "estimates,"
"projects," "forecasts," "contemplates," "intends," "assumes,"
"depends," "should," "could," "would," "will," "confident," "may,"
"potential," "possible," "proposed," "target,"
"pursue," "goals," "outlook," "maintain," or similar expressions or
discussions of guidance, strategies, plans, goals, opportunities,
projections, initiatives, objectives or intentions. Forward-looking
statements are not guarantees of performance. They involve
risks, uncertainties and assumptions. Future results may
differ materially from those expressed in the forward-looking
statements.
Forward-looking statements are necessarily based upon various
assumptions involving judgments with respect to the future and
other risks, including, among others: local, regional,
national and international economic, competitive, political,
legislative, legal and regulatory conditions, decisions and
developments; actions and the timing of actions, including general
rate case decisions, new regulations, issuances of permits to
construct, operate and maintain facilities and equipment and to use
land, franchise agreements and licenses for operation, by the
California Public Utilities Commission, California State
Legislature, U.S. Department of Energy, California Division of Oil,
Gas, and Geothermal Resources, Federal Energy Regulatory
Commission, Nuclear Regulatory Commission, California Energy
Commission, U.S. Environmental Protection Agency, Pipeline and
Hazardous Materials Safety Administration, California Air Resources
Board, South Coast Air Quality Management District, Mexican
Competition Commission, cities and counties, and other regulatory,
governmental and environmental bodies in the United
States and other countries in which we operate; the timing and
success of business development efforts and construction,
maintenance and capital projects, including risks in obtaining,
maintaining or extending permits, licenses, certificates and other
authorizations on a timely basis and risks in obtaining adequate
and competitive financing for such projects; the resolution of
civil and criminal litigation and regulatory investigations;
deviations from regulatory precedent or practice that result in a
reallocation of benefits or burdens among shareholders and
ratepayers, and delays in regulatory agency authorization to
recover costs in rates from customers; the availability of electric
power, natural gas and liquefied natural gas, and natural gas
pipeline and storage capacity, including disruptions caused by
failures in the North American transmission grid, moratoriums on
the ability to withdraw natural gas from or inject natural gas into
storage facilities, pipeline explosions and equipment failures;
energy markets; the timing and extent of changes and volatility in
commodity prices; the impact on the value of our natural gas
storage and related assets and our investments from low natural gas
prices, low volatility of natural gas prices and the inability to
procure favorable long-term contracts for natural gas storage
services; risks posed by decisions and actions of third parties who
control the operations of investments in which we do not have a
controlling interest, and risks that our partners or counterparties
will be unable (due to liquidity issues, bankruptcy or otherwise)
or unwilling to fulfill their contractual commitments; capital
markets conditions, including the availability of credit and the
liquidity of our investments, and inflation, interest and currency
exchange rates; cybersecurity threats to the energy grid, natural
gas storage and pipeline infrastructure, the information and
systems used to operate our businesses and the confidentiality of
our proprietary information and the personal information of our
customers and employees; terrorist attacks that threaten system
operations and critical infrastructure; wars; the ability to win
competitively bid infrastructure projects against a number of
strong competitors willing to aggressively bid for these projects;
weather conditions, natural disasters, catastrophic accidents,
equipment failures and other events that may disrupt our
operations, damage our facilities and systems, cause the release of
greenhouse gasses, radioactive materials and harmful emissions, and
subject us to third-party liability for property damage or personal
injuries, fines and penalties, some of which may not be covered by
insurance or may be disputed by insurers; disallowance of
regulatory assets associated with, or decommissioning costs of, the
San Onofre Nuclear Generating Station facility due to increased
regulatory oversight, including motions to modify settlements;
expropriation of assets by foreign governments and title and other
property disputes; the impact on reliability of San Diego Gas &
Electric Company's (SDG&E) electric transmission and
distribution system due to increased amount and variability of
power supply from renewable energy sources and increased reliance
on natural gas and natural gas transmission systems; the impact on
competitive customer rates of the growth in distributed and local
power generation and the corresponding decrease in demand for power
delivered through SDG&E's electric transmission and
distribution system; the inability or determination not to enter
into long-term supply and sales agreements or long-term firm
capacity agreements due to insufficient market interest,
unattractive pricing or other factors; and other uncertainties, all
of which are difficult to predict and many of which are beyond our
control.
These risks and uncertainties are further discussed in the
reports that Sempra Energy has filed with the Securities and
Exchange Commission. These reports are available through the EDGAR
system free-of-charge on the SEC's
website, www.sec.gov, and on the company's
website at www.sempra.com. Investors should
not rely unduly on any forward-looking statements. These
forward-looking statements speak only as of the date hereof, and
the company undertakes no obligation to update or revise these
forecasts or projections or other forward-looking statements,
whether as a result of new information, future events or
otherwise.
Sempra International, LLC, Sempra U.S. Gas & Power, LLC,
and Sempra Partners, LP, are not the same companies as
the California utilities, San Diego Gas & Electric
(SDG&E) or Southern California Gas Company (SoCalGas), and
Sempra International, LLC, Sempra U.S. Gas & Power, LLC, and
Sempra Partners, LP, are not regulated by the California Public
Utilities Commission. Sempra International's underlying entities
include Sempra Mexico and Sempra South American Utilities. Sempra
U.S. Gas & Power's underlying entities include Sempra
Renewables and Sempra Natural Gas.
[SRE-F]
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SOURCE Sempra Energy