Petro-Canada shows record earnings; fourth quarter hurt by Enron issues
Allen Baker
Petro-Canada bucked a decline in fourth-quarter earnings to post record profits in 2001 of $904 million (Canadian), slightly above 2000’s C$893 million.
For the fourth quarter, operating earnings were C$71 million, less than a fourth of the C$287 million a year earlier. Those earnings were also les....
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