CEO Donald Felsinger

Donald Felsinger, chairman and chief executive of Sempra Energy, received compensation of $9.2 million in 2008, a 27 percent increase, according to an Associated Press calculation of figures disclosed in a regulatory filing. But nearly two-thirds of the package came in the form of stock options that currently have little value absent a major jump in the company's stock price.Felsinger, 61, had a total compensation package of $7.3 million in 2007.Felsinger received a salary of $1.1 million in...Read Full Story

Sempra Energy (SRE) and The Royal Bank of Scotland (RBS) said today they are selling the San Diego-based Sempra Energy Solutions unit of their RBS-Sempra Commodities joint venture to Noble Group for $317 million in cash, plus assumption of $265 million in dent. Sempra Energy Solutions was the US retail commodity marketing arm of the joint venture.Read Full Story

SOURCE: Sempra Energy SAN DIEGO, CA–(Marketwire – September 28, 2010) – Sempra Energy (NYSE: SRE) today announced that Luis Téllez has been re-elected to join the company’s board of directors. Téllez, who currently serves as chairman of the board and chief executive officer of the Mexican Stock Exchange, has broad experience in public service in Mexico, having served in several cabinet positions in the administrations of President Felipe Calderon and former President Ernesto Zedillo...Read Full Story

SOURCE: Sempra Energy SAN DIEGO, CA–(Marketwire – August 19, 2010) – The board of directors of Sempra Energy (NYSE: SRE) today declared a quarterly dividend of 39 cents per share of common stock. The current dividend is payable Oct. 15, 2010, to shareholders of record on Sept. 29, 2010. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2009 revenues of more than $8 billion. The Sempra Energy companies’ 13,800 employees serve about 29 million...Read Full Story

SOURCE: Sempra Energy SAN DIEGO, CA–(Marketwire – September 21, 2010) –  Sempra Energy (NYSE: SRE) announced today the company has entered into a $500 million share-repurchase program with JPMorgan Chase Bank.  Common shares will be repurchased under an accelerated share-repurchase program at a fixed discount to market averages (subject to a minimum and maximum number of shares) over a period expected to extend into the first quarter 2011. Sempra Energy, based in San Diego, is a...Read Full Story

SOURCE: San Diego Gas & Electric SAN DIEGO, CA–(Marketwire – August 23, 2010) –  The board of directors of San Diego Gas & Electric (SDG&E) has declared regular quarterly dividends for the preferred and preference series stock of the company as follows: SDG&E:Cumulative Preferred 5% Series $0.25 per share Cumulative Preferred 4.60% Series $0.23 per share Cumulative Preferred 4.50% Series $0.225 per share Cumulative Preferred 4.40% Series $0.22 per share Preference Stock (Cumulative...Read Full Story

SOURCE: Sempra Energy SAN DIEGO, CA–(Marketwire – August 25, 2010) –  For the second consecutive year, as part of its Environmental Champions campaign, the Sempra Energy Foundation will contribute $1 million to non-profit organizations with an environmental focus.  This year’s initiative will extend to organizations in Southern California, Arizona, Nevada, Louisiana, Alabama and Mississippi. For 2010, the Sempra Energy Foundation is challenging non-profits to develop programs that...Read Full Story

SOURCE: Sempra Energy SAN DIEGO, CA–(Marketwire – October 6, 2010) –  Sempra Energy Foundation today announced the recipients of its second Environmental Champions Awards, providing $1 million in grants to 50 non-profit organizations with programs that focus on environmental education. “These organizations are committed to developing educational programs to provide students with the knowledge and tools to protect and conserve our environment,” said Debra L. Reed, chairman of the Sempra...Read Full Story

SOURCE: Sempra Energy SAN DIEGO, CA–(Marketwire – July 2, 2010) –  For the third consecutive year, Sempra Energy (NYSE: SRE) has been named to Black Enterprise magazine’s annual list of “40 Best Companies for Diversity.”  Sempra Energy is one of only two California companies on this year’s list, which will be published in the July 2010 issue of Black Enterprise. “This recognition by Black Enterprise is a testament to our long-standing commitment to developing a diverse workforce and...Read Full Story

The intraday price for Sempra Energy has moved below its 200 period 30 minute moving average of 53.06. SRE is around 52.55 bucks now. Going below the moving average deepens the negative trend. The price is already below support of $53.25. Other stocks to watch – these have a positive correlation with Sempra Energy: Sasol Limited ADR (SSL) with a correlation of 100% Telephone and Data Systems Inc. (TDI) with a correlation of 100% Unisource Energy Corp (UNS) with a correlation of 100% MINI...Read Full Story