Unocal’s operating income up 150 percent to $685 million
Petroleum News Staff
Unocal reported net income of $134 million or 52 cents per share in this year’s first quarter, up nearly 40 percent from $96 million earned in the prior quarter and up five-fold compared to the same period last year when commodity prices were at a low point.
Operating income soared to $685 million v....
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