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Vol. 4, No. 5 Week of May 28, 1999
Providing coverage of Alaska and northern Canada's oil and gas industry


Tesoro reports disappointing first quarter earnings

Tom Hall

Citing “one of the most volatile” first quarters ever “in regard to West Coast refined product margins,” Tesoro Petroleum Corp. announced on April 29 net earnings of $.3 million for the first quarter of 1999. After preferred stock dividends, the result was a net loss of eight cents per share. The c....


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