Kerr-McGee rebounds from last year’s loss
Petroleum News Houston staff
Oklahoma’s Kerr-McGee reported 2003 second-quarter net income of $69.8 million or 68 cents per share, compared to a loss of $177.7 million or $1.77 per share in the 2002 second quarter. And the turnaround came on higher prices but lower production.
The company’s oil production averaged 154,800 barr....
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