Pacific Enterprises: The Los Angeles conglomerate, which...
From Times Staff and Wire Reports
Pacific Enterprises: The Los Angeles conglomerate, which owns Southern California Gas Co., Thrifty Corp. and Pacific Enterprises Oil Co., posted earnings of $68 million, up slightly from a year ago. Revenue totaled $1.91 billion, a gain of 3%. The results were attributed to an improved performance at SoCal Gas, a 2% rise in Thrifty sales and higher oil prices, offset by higher depletion expense and lower oil and gas production.