Phillips reports first-quarter earnings jumpFirst quarter deals include closing of combination of gas gathering, processing, marketing business with Duke Energy, 50-50 joint venture in chemicals with Chevron by The Associated Press
Phillips Petroleum Co.’s first-quarter earnings more than tripled from a year ago as the company plowed ahead with a series of deals aimed at faster growth, officials said April 27.
Higher prices and increased production boosted the Bartlesville-based company’s first-quarter net income to $250 mill....
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Mulva’s strategy
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