Advertisement

Mobil Corp.: The nation’s No. 2 oil...

From Times Staff and Wire Reports

Mobil Corp.: The nation’s No. 2 oil company reported fourth-quarter earnings jumped 46% to $651 million on revenue of $19.15 billion, a 31% increase from the year-earlier period. The Fairfax, Va.-based firm said profit for all of 1990 rose 7% to $1.93 billion on revenue of $64.24 billion, a gain of 14%. Mobil cited higher prices caused by the Persian Gulf crisis.


Advertisement