SoCalGas Issues Statement on Southern California Edison's Eaton Litigation
Rhea-AI Summary
SoCalGas (NYSE:SRE) responded to Southern California Edison filing cross-claims in the Eaton fire litigation on Jan 16, 2026, saying Edison named more than a dozen defendants including SoCalGas.
SoCalGas said it will vigorously defend its operating response to the emergency, review the cross-complaint, and pursue recovery from Edison for damage to SoCalGas infrastructure through all available causes of action. The company also said it has insurance, including wildfire insurance, and intends to seek coverage for damages and defense costs, including pending Palisades-related lawsuits by individual plaintiffs.
SoCalGas reiterated that employees worked to restore service to thousands of customers and that it coordinated with local and state officials on repairs and safe restoration.
Positive
- Plans to pursue insurance coverage for wildfire-related damages and defense
- Seeking recovery from Edison for system damages through all available legal remedies
- Restored service to thousands of customers after last year's fires
Negative
- Named in Edison's cross-claims in the Eaton fire litigation (filed Jan 16, 2026)
- Facing pending individual plaintiff lawsuits related to the Palisades fire
News Market Reaction
On the day this news was published, SOCGP gained 0.52%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Edison has acknowledged its role in the Eaton fire for the better part of a year now. SoCalGas intends to vigorously defend against what it considers to be Edison's attempts to deflect responsibility and accountability. SoCalGas will likewise vigorously defend how it operated its system in response to this emergency event. SoCalGas also intends to pursue recovery from Edison for damages to the SoCalGas system through all available causes of action and remedies.
SoCalGas is reviewing the allegations in the cross-complaint. SoCalGas has insurance, including wildfire insurance, and intends to pursue coverage for the damages related to its system as well as coverage to defend both Edison's claims in the Eaton fire litigation and pending lawsuits brought by individual plaintiffs related to the Palisades fire.
SoCalGas employees worked tirelessly during this emergency and continue to support our customers and communities still recovering from last year's devastating fires. For over a year now, SoCalGas has worked diligently, in close coordination with local and state officials, to assess the impacts of the fires on SoCalGas' infrastructure, make necessary repairs, and safely restore service to thousands of customers.
About SoCalGas
SoCalGas is the largest gas distribution utility in
This media statement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this media statement. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.
In this media statement, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations.
Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy,
These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.
Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, nor are they regulated by the CPUC.
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SOURCE Southern California Gas Company
