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Sempra Energy's CEO Discusses Q1 2011 Results - Earnings Call Transcript

Stocks in this article: SRE

Sempra Energy (SRE)

Q1 2011 Earnings Call

May 09, 2011 1:00 pm ET

Executives

Michael Allman - Chairman of Southern California Gas Company, Chief Executive Officer of Southern California Gas Company and President of Southern California Gas Company

Steven Davis - Vice President of Investor Relations

Donald Felsinger - Chairman, Chief Executive Officer and Chairman of Executive Committee

Mark Snell - Chief Financial Officer and Executive Vice President

Analysts

Paul Patterson - Glenrock Associates

Ashar Khan - SAC Capital

Debra Bromberg - Jefferies & Company, Inc.

Mark Barnett - Morningstar

Leslie Rich - Columbia Management

Presentation

Operator

Good day, and welcome to the Sempra Energy First Quarter 2011 Earnings Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Mr. Steve Davis. Please go ahead, sir.

Steven Davis

Thank you, Rochelle. Good morning, and thank you for joining us. I’m Steve Davis, Vice President of Investor Relations. This morning, we'll be discussing Sempra Energy's First Quarter 2011 Financial Results. A live webcast of this teleconference and slide presentation is available on our website under the Investors section.

With us today in San Diego are several members of our management team, including Don Felsinger, Chairman and Chief Executive Officer; Neal Schmale, President and Chief Operating Officer; Mark Snell, Executive Vice President and Chief Financial Officer; Debbie Reed, Executive Vice President; and Joe Householder, Senior Vice President and Controller.

You’ll note that Slide 2 contains our Safe Harbor statement. Please remember that this call contains forward-looking statements that are not historical fact, and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of performance. As you know, they involve risks, uncertainties, and assumptions, so future results may differ materially from those expressed on our call. These risks, uncertainties, and assumptions are described at the bottom of today’s press release, and are further discussed in the company’s reports filed with the Securities and Exchange Commission. It’s important to note that all of the earnings per share amounts in our presentation are shown on a diluted basis.

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