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Soaring First Quarter Profits for U S Oil Giants
U S oil firms posted sharp boosts in profits for the first quarter led by Standard Oil of Ohio with net income up 303 percent to 167.5 million dollars and earnings of 1.39 a share. California's Standard Oil and Chevron also reported strong gains as foreign operations benefited from a stronger dollar and rising output.
MENTIONED IN THIS ARTICLE
Carter
Standard Oil of
Ohio
SOHIO
California
Harold J. Haynes
Chevron
Ninian
North Sea
Continental Oil Co
Stamford
Conn
Amarada Hess Corp
Getty Oil Co
Los Angeles
ST. Louis
Texaco
Pittsburgh
Gulf Oil
Houston
Shell Oil Co
Marathon Oil Co
Findlay
Phillips Petroleum Co
Bartlesville
Okla
Tulsa
Cries Service Corp
Exxon Corp
Whiting
Ind
Standard 011 Co
Indiana