Oil company earnings mixedThree oil companies reported...

BUSINESS DIGEST

October 23, 1992

Oil company earnings mixed

Three oil companies reported mixed quarterly results yesterday. Occidental Petroleum Corp. said its earnings declined 64.3 percent, and Ashland Oil Inc. posted a $103 million loss. But Amerada Hess Corp. said it earned $8.7 million, compared with a loss of $7.5 million in the 1991 quarter.

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