Welcome to our dedicated page for South Calif Gas news (Ticker: SOCGP), a resource for investors and traders seeking the latest updates and insights on South Calif Gas stock.
The news feed for STHN CAL GAS 6 A PR (SOCGP) focuses on developments at Southern California Gas Company (SoCalGas), the gas distribution utility whose preferred stock series includes SOCGP. SoCalGas describes itself as the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California, and is a subsidiary of Sempra.
Investors following SOCGP can use this page to track SoCalGas news that may be relevant to the utility’s operations, regulatory environment, and community activities. Recent press releases include recurring announcements of regular quarterly dividends on SoCalGas preferred stock and Preferred Stock, Series A, which encompass the preferred series associated with SOCGP. These dividend declarations provide direct information on cash distributions approved by the SoCalGas board of directors for its preferred stockholders.
Beyond dividends, SoCalGas news highlights energy-efficiency programs, renewable natural gas procurement under California’s SB 1440, and community initiatives such as wildfire recovery support, small business assistance, hunger relief efforts, and STEM education partnerships. These updates illustrate how the company is engaging with regulatory programs, responding to climate and energy policy in California, and working with local organizations.
Because SoCalGas operates in a regulated environment overseen by the California Public Utilities Commission, company news often intersects with regulatory decisions and policy developments that can influence its long-term outlook. By reviewing the SOCGP news stream, readers can monitor official SoCalGas communications that may inform their understanding of the utility’s risk profile, strategic initiatives, and ongoing ability to support preferred stock dividends.
Southern California Gas Co. (SoCalGas), a subsidiary of Sempra (NYSE: SRE), reported that in 2025 its Public Direct Install Program (PDIP) delivered more than $10 million in no-cost energy efficiency upgrades to schools, local governments and other public facilities, with an estimated $32 million in lifetime utility bill savings.
According to SoCalGas, PDIP installed over 2,000 efficiency measures across 845 projects, cutting about 16.3 million net therms of energy use over the equipment’s lifetime. Colton Joint Unified School District completed 150 measures, including 84 tankless water heaters, reducing natural gas consumption by about 20% and receiving more than $800,000 in incentives.
Southern California Gas Company (SoCalGas), a subsidiary of Sempra (NYSE: SRE), marked National 811 Day by reporting a record-low underground infrastructure damage rate across its service territory. In 2025, more than 1.1 million Californians contacted 811, a 6% increase from 2024 and among the highest participation levels recorded.
According to SoCalGas, growing 811 use coincides with a 32% reduction in dig-in incidents since 2019. About 2,400 dig-ins occurred in 2025, with nearly 60% happening when 811 was not called and approximately 70% occurring on private property, underscoring the need for continued public awareness.
Southern California Gas Company (SoCalGas), a subsidiary of Sempra (NYSE: SRE), announced updated employee uniforms aimed at improving customer identification of workers and enhancing field safety and performance. The new uniforms feature prominent SoCalGas branding, embroidered employee first names, company-issued photo ID badges, and marked vehicles to give customers multiple ways to verify workers during inspections, maintenance, construction, emergency response and other services.
The uniforms use lightweight flame-resistant materials to add protection while supporting mobility and comfort in varied field conditions. SoCalGas selected the designs based on employee feedback and operational needs. A key visual change is a shift from traditional blue to a modern gray with updated company identification, along with expanded sizing and improved fits to serve a diverse workforce and job functions. According to SoCalGas, these updates support its commitment to customer safety, trust and reliable service. The new uniforms will be phased in across its service territory beginning in August 2026.
Southern California Gas Company (SoCalGas) announced that its board of directors has approved the retirement of all outstanding shares of its 6% Preferred Stock and 6% Preferred Stock, Series A, each with $25 par value. The action follows shareholder approval of an amended and restated charter authorizing the retirement.
SoCalGas plans to file the Restated Charter on Aug. 17, 2026, the Retirement Date, when each preferred share will be automatically retired for a cash payment of $31.135616 per share, equal to $31.00 plus accrued and unpaid dividends to but excluding that date. The payment is payable on the Retirement Date to holders of record on that day. Afterward, no preferred or Series A preferred shares will be outstanding, and related certificates will represent only the right to receive the cash. SoCalGas also plans to withdraw SOCGM and SOCGP from OTCQB quotation after market close on Aug. 13, 2026.
Sempra (NYSE:SRE) subsidiary SoCalGas partnered with U.S.VETS to host a Fourth of July event at the U.S.VETS Inland Empire campus on March Air Reserve Base, celebrating America’s 250th anniversary and honoring veterans.
The gathering welcomed about 150 veterans and family members and highlighted SoCalGas charitable support for housing and workforce programs serving over 400 on-site veterans.
Sempra (NYSE:SRE) subsidiary SoCalGas reports a five-year low in natural gas commodity costs for residential and small business customers across SoCalGas and SDG&E from March–May 2026.
Average gas cost was 22.8 cents per therm, falling from 35.7 in March to 15.9 in May, aided by storage, system flexibility and broader market price declines.
Sempra (NYSE:SRE) subsidiary SoCalGas reported that employees contributed over 1,100 volunteer hours in May 2026 through its Glad to be of service® initiative. More than 200 employees joined 19 events across 38 cities, supporting 57 nonprofits focused on food access, housing, workforce readiness, seniors, veterans and community resilience.
SoCalGas, a subsidiary of Sempra (NYSE:SRE), will hold a Special Meeting on July 13, 2026 to seek approval to retire all outstanding 6% preferred shares.
Holders of record on May 18, 2026 would receive $31.00 per share in cash, plus accrued and unpaid dividends, a premium of over 20% to recent prices, estimated fair value and par value.
Southern California Gas Company (NYSE:SRE) released a report titled The Affordable Way for California showing key affordability and reliability roles of natural gas infrastructure. Adjusted for inflation, average residential natural gas rates fell ~25% from 2000 to 2023. The report says underground storage supplied nearly 60% of demand during Winter Storm Fern (Jan 2026) and helped avoid an estimated $120 million in potential customer costs.
The report also highlights system flexibility, supply availability, and the role of gas in supporting renewable integration while noting wildfire and climate-policy context.
Southern California Gas Company (NYSE:SRE) said its four regional underground storage fields helped SoCalGas and SDG&E customers avoid over $120 million in natural gas costs during Winter Storm Fern (Jan 23–31, 2026). The system withdrew more than 8 Bcf, supplied nearly 60% of peak demand, and Aliso Canyon provided about 30% at the peak.
SoCalGas substituted locally stored gas bought months earlier at about $3/decatherm versus market prices near $30/decatherm, reducing customer exposure to volatile spot markets.