6 major oil companies report improved quarterly results

Authors :: Snow, Nick
Source :: The Oil Daily. April 27, 1993, Vol. 43 Issue 79, p3, 2 p.
Publication Year :: 1993
Abstract: Six major US oil companies posted strong earnings for 1st qtr 1993 due to improved exploration and production results. Atlantic Richfield Co and Unocal Corp each produced good results from their marketing and refining operations. Conoco Inc, Marathon Oil Co, Phillips Petroleum Co and Amerada Hess Corp reported weak downstream operations but each recorded improved results for the quarter.<br />WASHINGTON -- Strong U.S. exploration and production results helped six more major U.S. oil companies report higher first-quarter earnings Monday. But two of the six, Atlantic Richfield Co. (Arco) and [...]