ChevronTexaco slips to $904 million loss on Dynegy chargeoffsEven without the special charges, third quarter operating earnings slid 28 percent; weak refining cuts into operating income Allen Baker PNA Contributing Writer
ChevronTexaco posted a loss of $904 million for the third quarter as the big company took a major charge for the sinking value of its stake in Dynegy Inc.
ChevronTexaco earned $1.27 billion a year ago and $407 million in the second quarter of this year, when the company also took a major Dynegy wri....
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E&P keeps pace
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