ARCO conducts business in the areas of worldwide exploration, development, production, transportation and refining of petroleum (crude oil) and natural gas.
The oil business has created a variety of related opportunities, including retail convenience stores, the cogeneration of steam and electricity, and the development of electronic payment systems.
Buy | 50 Shares @ 55 | ARC | Atlantic Richfield Co. | $2,750.00 | ||||
Commission | $14.95 | |||||||
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TOTAL | $2,764.95 |
Net proceeds from the sale. | $4,225.68 | |||||||
Less acquisition costs = net profit before taxes (Capital Gains) | $1,460.73 |
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