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Pennzoil Co.: The oil company said 1989...

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From Times Staff and Wire Reports

Pennzoil Co.: The oil company said 1989 income was $146 million, compared to net income of $1.48 billion in 1988. Revenue in 1989 was $2.33 billion, up 13%. Net income for the Houston-based firm in 1988 included a $1.7-billion one-time gain from the settlement of litigation with Texaco Inc.

Tables, D8

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