Website: N/A
Stock Symbol: AMEX: PET^A
Market Value: N/A (in millions)
Pacific Enterprises (PE or the company) is an energy services company whose only
significant subsidiary is Southern California Gas Company (SoCalGas), the
nation’s largest natural gas distribution utility. PE’s common stock is wholly
owned by Sempra Energy, a California-based Fortune 500 holding company, and PE
owns all of the common stock of SoCalGas. The financial statements herein are,
in one case, the Consolidated Financial Statements of PE and its subsidiary,
SoCalGas, and, in the second case, the Consolidated Financial Statements of
SoCalGas and its subsidiaries, which comprise less than one percent of SoCalGas’
consolidated financial position and results of operations. Sempra Energy also
indirectly owns all of the common stock of San Diego Gas & Electric Company
(SDG&E). SoCalGas and SDG&E are collectively referred to herein as "the Sempra
Utilities.