Amoco Corp. said its fourth-quarter earnings more... - Los Angeles Times
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Amoco Corp. said its fourth-quarter earnings more...

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From Times Wire Services

Amoco Corp. said its fourth-quarter earnings more than tripled from a year earlier due to lower exploration costs, higher prices for its natural gas and an overall reduction in operating costs.

The Chicago-based company said it earned $548 million, or $1.10 a share, on sales of $7.24 billion, compared to $153 million, or 31 cents, a share, on revenue of $7.18 billion a year earlier.

Earnings, D10

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