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Texaco Exceeds Analysts’ Expectations, Tops $800M Again

White Plains, NY-based Texaco, the number three energy major, achieved record second quarter income that exceeded analysts’ expectations, reporting Wednesday that it had income of $817 million, or $1.50 per share, compared with $614 million, or $1.17 per share, for the second quarter of 2000. Net income for the period was $784 million, or $1.44 per share.

July 26, 2001