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Southern California Gas Co - SOCGP STOCK NEWS

Welcome to our dedicated news page for Southern California Gas Co (Ticker: SOCGP), a resource for investors and traders seeking the latest updates and insights on Southern California Gas Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Southern California Gas Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Southern California Gas Co's position in the market.

News
SoCalGas Hosts U.S. Department of Energy's Second Annual Minority Business Summit, Emphasizing the Importance of Diverse Spending
Rhea-AI Summary
SoCalGas recently hosted the U.S. Department of Energy's Second Annual Minority Business Summit, bringing together 700 diverse business leaders from 33 states to emphasize the importance of diverse spending.
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SoCalGas Joins Lawrence Livermore National Laboratory and Electrochaea to Help Advance Gas Infrastructure Decarbonization
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SoCalGas collaborates with Electrochaea and LLNL to develop a single-stage electro-bioreactor for synthetic biomethane production, potentially revolutionizing biomethane production and decarbonizing gas infrastructure. The project aims to increase RNG yield and reduce greenhouse gas emissions, supported by a $1 million DOE grant. The technology could enable the decarbonization of the natural gas grid infrastructure, aligning with California's carbon neutrality goals by 2045.
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Students Learn About Financial Literacy and Energy Efficiency Through SoCalGas' Junior Achievement Storefront that Showcases Clean Energy's Future
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SoCalGas Unveils Revamped Storefront at JA Finance Park to Educate Students on Clean Energy and Financial Literacy
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Grants of Up to $200 Available to Help SoCalGas Customers in Need
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SoCalGas announces $1 million Gas Assistance Fund to support eligible customers with grants of up to $200 for natural gas bills in 2024. The Fund is based on total household income and size, aiming to help customers manage their energy consumption and reduce bills. SoCalGas collaborates with United Way of Greater Los Angeles to assist income-qualified customers, offering various energy-saving programs and services.
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SoCalGas Showcases Zero Emissions Hydrogen Fuel Cell Electric Technologies by Kenworth and Toyota at 2024 World Ag Expo
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Southern California Gas Company, Kenworth Truck Company, and Toyota Motor North America display hydrogen fuel cell electric vehicles at World Ag Expo to promote decarbonization and reduce emissions. SoCalGas aims to convert 50% of its fleet to alternative fuels by 2025 and achieve a 100% zero emissions fleet by 2035, highlighting the importance of hydrogen technology in reducing greenhouse gas emissions and improving air quality.
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SoCalGas Declares Preferred Dividends
Rhea-AI Summary
SoCalGas has announced regular quarterly dividends for its preferred series stock, with a payout of $0.375 per share. The dividends are payable on April 15, 2024, to shareholders of record on March 10, 2024.
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SoCalGas Supports Nostromo Energy's Installation of an Innovative Energy Storage Solution Designed to Enhance Grid Resilience and Lower Energy Expenses at Beverly Hilton and Waldorf Astoria Hotels
Rhea-AI Summary
Southern California Gas Company (SoCalGas) successfully installed Nostromo Energy's IceBrick system at the Beverly Hilton and Waldorf Astoria hotels, reducing the need for air conditioning during peak electric demand, cutting energy use and costs, and decreasing greenhouse gas emissions. The IceBrick system uses off-peak electricity to convert water into ice, which is then used to cool the building's air conditioning system during peak demand hours. SoCalGas has supported nearly 4,000 projects applying for over $300 million in incentives, with energy efficiency programs reducing greenhouse gas emissions by 1.2 million metric tons of carbon dioxide.
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Additional 88 Local Restaurants Receive $5,000 Assistance Grants Through Restaurants Care Resilience Fund
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California Restaurant Foundation (CRF) awards $5,000 grants to 88 independently owned restaurants in Central and Southern California, supported by SoCalGas' $1,000,000 donation. The grants aim to aid small businesses with equipment upgrades, employee retention, and training, totaling $2.1 million in funding.
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Innovative Technology That Uses Solar Energy to Convert 100% Renewable Biogas to Hydrogen and Graphitic Carbon on Display During the United Nations' COP 28 Meeting in Dubai
Rhea-AI Summary
Southern California Gas Company (SoCalGas) (Ticker: SCG) announced the display of an innovative technology developed by UCLA researchers at the 28th session of the Conference of Parties (COP 28) to the United Nations Framework Convention on Climate Change. The technology aims to produce hydrogen and high-quality cylindrical graphite using renewable solar energy and biogas, potentially applicable to fuel cells, microgrids, and utility-scale hydrogen production.
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SoCalGas Declares Preferred Dividends
Rhea-AI Summary
SoCalGas (SCG): The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company. The dividends for Preferred Stock and Preferred Stock, Series A are $0.375 per share. The dividends are payable on January 15, 2024, to shareholders of record on December 10, 2023.
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Southern California Gas Co

OTC:SOCGP

SOCGP Rankings

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SOCGP Stock Data

2.37B
Pipeline Transportation of Natural Gas
Transportation and Warehousing
Link
United States
Los Angeles

About SOCGP

as the nation's largest natural gas distribution utility, we deliver clean, safe and reliable energy to 21.6 million consumers through 5.9 million meters in more than 500 communities. our service territory encompasses approximately 20,000 square miles in diverse terrain throughout central and southern california, from visalia to the mexican border.