Sempra Energy Earnings Increase

Sempra Energy said this morning its earnings rose 3 percent, to $317 million, or $1.27 per share, as compared to $308 million, or $1.24 per share, in the same quarter last year. Revenue fell to $1.85 billion from $2.69 billion in the same quarter last year, impacted by lower oil and gas price, as has been the case at nearly every energy-related company reporting earnings this quarter.