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Vol. 7, No. 31 Week of August 04, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Williams 68 cent second quarter loss counters 69 cent gain last year

Exploration and production profit doubles due to higher natural gas production, energy marketing and trading loses $497 million

Steve Sutherlin

PNA Managing Editor

Williams said July 29 it produced an unaudited net second quarter loss of $349.1 million, or 68 cents per share, compared with net income of $339.5 million, or 69 cents per share, for the same period last year. Williams’ energy marketing & trading unit reported a second quarter 2002 segment loss of....

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Former subsidiary restructures


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