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Petroleum refiners Tosco Corp, Diamond Shamrock Inc and Total Petroleum (North America) Ltd reported increased earnings from their retail operations for the 3rd qtr of 1995. Tosco's $26.8 million net income for the quarter was a big improvement over the $9.68 million in the 1994 quarter. Diamond Shamrock reported earnings of $5.7 million, down from $20.6 million in 1994, but its retail operations boosted profits from $16 million to $19.8 million. Total's 3rd qtr net income was $1.8 million, down from the 1994 quarter's $15.2 million, but retail fuel margins were up., WASHINGTON -- Registering narrower refining margins and wider marketing margins in the Midwest and Southwest, two regional downstream companies last week reported third-quarter profits that were lower than year-earlier levels. [...]

The increase in gasoline prices is helping to boost refining margins for Valero Energy Corp and Diamond Shamrock Inc. Since the end of the first quarter 1995 Valero has seen its refining margin increase from $4.86/bbl to $6.50/bbl. Increased product prices helped Diamond Shamrock increase its earnings an additional 6 cents/share during the first quarter. Valero's first quarter profits dropped by 40% to $3.8 million. Diamond Shamrock reported earnings for its first quarter were $5.4 million, a decrease of 55% compared to a year ago., WASHINGTON -- Surging gasoline prices have outpaced rising crude prices and boosted refining margins, but have come too late to rescue first-quarter earnings, refiners and marketers say. But Valero Energy [...]

Lyondell Petrochemical Co and Diamond Shamrock Inc had higher profits for 2nd qtr 1994 than 2nd qtr 1993 due to a decrease in crude petroleum and petroleum product prices. Lyondell Petrochemical had earnings of $32 million in 2nd qtr 1994, an increase from a net loss of $11 million in 2nd qtr 1993. Diamond Shamrock had earnings of $27.5 million in 2nd qtr 1994, an increase of 67% from 2nd qtr 1993., WASHINGTON -- Two downstream-oriented companies, Diamond Shamrock Inc. and Lyondell Petrochemical Co., reported higher second-quarter profits, primarily due to lower costs of crude oil and other feedstocks. * Lyondell: Second-quarter [...]

Diamond Shamrock Inc, like most other petroleum refiners except Amerada Hess Corp, doubled its earnings for 1993. Diamond Shamrock's profits rose from $8.7 million to $18.4 million, or 55 cents/share, with 4th qtr profits of $1.8 million. Revenues declined $40 million to $627 million, but operating income was up from $44 million to $57.5 million. Amerada Hess experienced a loss of $268 million, or $2.90/share for 1993, compared to a 1992 profit of $7.5 million. A $1 billion expansion program and an inventory writedown explain much of the loss., WASHINGTON -- Diamond Shamrock Inc. more than doubled its earnings in 1993, benefiting from last year's low crude oil prices, as did most refiners. One glaring exception to that, was [...]

Ashland Oil Inc and Diamond Shamrock Inc both reported lower margins but rising sales in their quarterly results. Ashland, which closed its fiscal year on Sep 30, showed a rise of $25 million for 1st qtr 1993, a rise of almost 9% from a year earlier. Diamond Shamrock, which closed its fiscal year on Dec 30, reported a loss of $3.9 million for 4th qtr 1992. Earnings for the year were $26.9 million, down 29% from 1991. Both companies made accounting charges that lowered results., WASHINGTON -- Ashland Oil Inc. and Diamond Shamrock Inc., two leading U.S. regional refiner/marketers, reported tight refined-product margins in reporting their quarterly results Monday. Both companies said their weaker refining [...]

Falling product prices and sluggish demand early this year led Diamond Shamrock Inc. to report a first quarter loss Monday. But the San Antonio-based refiner and marketer reported continued market [...]

U.S. gasoline demand, which fell to its lowest first half level this year since 1986, appears to be moderating its decline. But experts warn that it's much too soon to [...]

'Exceptional' Margins Give Lift to Downstream Earnings Refining and marketing divisions generally are turning in strong performances as major U.S. oil companies report their first quarter financial results. 'Earnings increased [...]

Diamond Shamrock's Bottom Line Lower During Quarter and Half Inventory devaluations stemming from falling crude oil prices during the second quarter led Diamond Shamrock Inc. to report lower earnings for [...]

Diamond Shamrock Earnings Plummet SAN ANTONIO - Despite a 25 percent increase in revenues year-to-year, Diamond Shamrock Inc. saw its first quarter earnings drop 71.1 percent in the same period. [...]

Gulf Coast refining margins had profoundly different effects on the 1995 earnings of two San Antonio-based refiners. Diamond Shamrock Inc. last week said weak refining economics produced a 38% drop [...]

ABILENE, Texas -- Pride Cos. and its managing general partner, Pride Refining Inc., have acquired a 50% interest in Texas Plains Pipeline System with the purchase of stock in D-S [...]

SAN ANTONIO -- Partially as a result of a 7% increase in refined product sales, Diamond Shamrock Inc. posted third-quarter net income of $20.6 million (64*/share). That compares with net [...]

SAN ANTONIO -- Diamond Shamrock Inc. earned $12.2 million (38*/ share) in the first quarter, compared with a loss of $9.2 million (32*/share) for the same period last year. The [...]

SAN ANTONIO -- Diamond Shamrock Inc. has confirmed analysts' estimates that the company's earnings per share will more than double in 1994. Industry watchers predict the regional refiner and marketer [...]

SAN ANTONIO -- Diamond Shamrock Inc. reported a 47% drop in third-quarter earnings to $9.3 million (28*/share) from $17.5 million (61*/share) a year ago. Earnings were reduced by an estimated [...]

SAN ANTONIO -- Diamond Shamrock Inc. said it plans to take charges in the third quarter and that its earnings for the period are expected to be lower than last [...]

SAN ANTONIO -- Despite higher retailing profits and refining margins, Diamond Shamrock Inc. reported second-quarter earnings that were 33% lower than its earnings for same period last year. Diamond Shamrock, [...]

SAN ANTONIO -- Diamond Shamrock Inc. reported first-quarter earnings Tuesday that represented a nearly 140% improvement from the loss it incurred a year earlier before special items. The regional refiner/marketer [...]

WASHINGTON -- Diamond Shamrock Inc. expects a fourth-quarter 1992 loss about equal to that of the previous year's final quarter, when the company lost $2.3 million (8 cents/share). The refiner [...]

Diamond Shamrock Inc earnings rose 33% to $23.5 million in 2nd qtr 1992 compared to $17.7 million in 2nd qtr 1991. Volume of gasoline sales rose 7.5%, although demand increased only half as much as expected. The company's Texas refinery projects are expected to be completed in 1993, and a pipeline for crude should be operational in Sep 1992. Capital investments through 1995 are expected to improve the company's rate of return., DALLAS -- Diamond Shamrock Inc. has reported a 33 percent increase in second-quarter earnings compared with the same period last year. The company reported earnings of $23.5 million, or 82 [...]

Diamond Shamrock Earnings Gain DALLAS -- A healthy contribution from the allied business segment helped Diamond Shamrock weather low fourth quarter refining margins to report its third consecutive year of [...]

Diamond Shamrock Inc. Diamond Shamrock, headquartered in San Antonio, is a regional marketer and refiner of petroleum products. The company's two refineries have a combined throughput capacity of 165,000 barrels [...]

Diamond Shamrock is Expecting Strong 3rd Quarter Performance MONT BELVIEU, Texas -- Diamond Shamrock Inc., a San Antonio-based independent refining and marketing company, expects to have strong earnings in the [...]

Ashland, Arco Report Losses Diamond Shamrock, Exxon Earnings Rise Exxon Corp.'s third quarter earnings rose 4.1 percent year-to-year despite a worldwide squeeze on refining and marketing results, the company said [...]

NEW YORK -- Reduced exploration and production earnings offset strength in refining and marketing as Diamond Shamrock Corp.'s third quarter earnings fell 14 percent year-to-year, the company said Tuesday. Late [...]

DOMESTIC refining and marketing income among the 20 major U.S. oil companies dramatically improved year-to-year in the second quarter. What Wall Street is asking now is whether the momentum has [...]

NEW YORK -- Four more major oil companies cited improved U.S. refining and marketing operations Tuesday in reporting second quarter and first half financial results. But special charges reduced net [...]

NEW YORK -- In an exception to a trend among major oil companies, Ashland Oil Inc. said Tuesday that refining and marketing gains led to an earnings increase in the [...]

Lower Prices Pare Earnings NEW YORK -- U.S. oil companies' 1986 financial results continued to reflect the impact of lower crude oil and natural gas prices as three more majors [...]

Diamond Shamrock Earnings Fall in Quarter, 1985 The first major U.S. energy company to report year-end and fourth quarter results, Diamond Shamrock Corp. said Tuesday that its full-year and quarterly [...]

NEW YORK -- Diamond Shamrock Corp. Tuesday reported an earnings recovery from 1983, when writeoffs related to its participation in the Mukluk dry hole in the Beaufort Sea led to [...]

NEW YORK -- Diamond Shamrock Corp. and Coastal Corp., two refiners whose crude postings sometimes presage those of larger refiners, have raised U.S. crude postings by 25 cents per barrel [...]

SAN ANTONIO, Texas -- Diamond Shamrock Corp. expects its 1985 earnings to be below 1984's $242.2 million, or $1.78 per share, if current oil industry trends continue, the company said. [...]

Depressed Oil Prices, Refining Margins Taking Earnings Toll on U.S. Majors MAJOR OIL company earnings continue to show a decided down-trend compared to last year in the latest round of [...]

Restructuring Gets Lukewarm Response Diamond Shamrock Corp.'s major restructuring announced earlier this week is not expected to be valued by the market at much more than the current stock price, [...]

Mobil's First Quarter Earnings Increase NEW YORK -- First quarter results continued mixed for U.S. major oil companies Tuesday as Mobil Corp. reported a year-to-year gain in earnings and Diamond [...]

Diamond Shamrock Will Report 1st Quarter Loss, Holders Told BERKELEY, Calif. -- Diamond Shamrock Corp.'s preliminary figures indicate a first quarter loss of $11 million to $16 million, equal to [...]