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Business Description
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Financial Information
P operates in four segments: explores and produces crude oil, natural gas and liquids; gathers, processes and markets natural gas produced by others; refines and transports petroleum products; and manufactures petroleum-based chemical products. For the six months ended 6/30/02, revenues rose 96% to $21.01 billion. Net income before extraordinary items and acctg. change fell 76% to $264 million. Results reflect the Tosco acquisition, offset by lower upstream commodity prices.