latest news releases from the newsroom
Occidental Petroleum Corp.
Occidental Petroleum Announces First Quarter Earnings
LOS ANGELES, April 24, 2007 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the first quarter 2007 was $1.212 billion ($1.43 per diluted share), compared with $1.231 billion ($1.43 per diluted share) for the first quarter 2006. Core results for the first quarter 2007 were $831 million ($0.98 per diluted share), compared with $1.153 billion ($1.34 per diluted share) for the same period in 2006. See the attached schedule for a reconciliation of net income to core results.
Quanex Building Products Corporation
Quanex Corporation Quarterly Update -- Fiscal Second Quarter 2007
HOUSTON, April 24, 2007 (PRIME NEWSWIRE) -- Quanex Corporation (NYSE:NX), an industry-leading manufacturer of value-added engineered materials and components for the vehicular products and building products markets, announced today that it expects to report fiscal second quarter 2007 diluted earnings per share from continuing operations in a range of $0.74 to $0.78 when it reports final results on May 31, 2007. Previous guidance was $0.70 to $0.78 per diluted share.
Index Oil and Gas Inc.
Index Oil and Gas, Inc. Signs West Wharton Agreement
HOUSTON, April 24, 2007 (PRIME NEWSWIRE) -- Index Oil and Gas, Inc. ("Index", "the Company") (OTCBB:IXOG), today announced that the Company has signed a Participation Agreement to explore for gas in the West Wharton Project ("West Wharton"). This could consist of up to four exploration wells within the area of mutual interest in Wharton County, Texas.