Santa Fe Pacific Pipeline Partners, L.P.: The...

Santa Fe Pacific Pipeline Partners, L.P.: The Orange-based, independent refined-petroleum-products pipeline said that second-quarter net income totaled $20.6 million, or $1.04 a unit, a gain of 4% from $19.8 million, or $1 a unit, for the same period last year. Revenue advanced 4%, to $63.4 million from $60.8 million.

Net income for the first half was $30.8 million, or $1.56 a unit, which included a $6-million charge in the first quarter related to the pending settlement of litigation. For the first six months of 1996, net income was $35.3 million, or $1.78 a unit. Revenue increased 2%, to $119.4 million from $117.4 million.