Unocal Corp. said its fourth-quarter net income...
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From Times Wire Services
Unocal Corp. said its fourth-quarter net income reached $103 million, or 39 cents per share, on revenue of $2.461 billion. A year earlier, the Los Angeles-based energy concern posted a loss of $16 million, or 7 cents per share, on revenue of $2.77 billion.
Unocal benefited from debt reduction and cost cutting, in addition to higher gasoline profits and increased natural gas prices.
Earnings, D10
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