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Texaco Inc.

Texaco @ widgette.com

Company Profile

old business @ widgette.com
Started in 1902, The Texas Company was a fledgling oil firm. In 1903, they struck oil and have grown to one of the largest companies in the world.

They were one of the originators of a "vertically integrated oil" company which includes the exploration, production, marketing, manufacturing and distribution of petroleum products.

However, when we heard they sold oil to Serbia during the war, we sold.

Acquisition Costs

date: March 1, 1999
Buy 25 Shares @ 46 3/16 TX Texaco Inc. $1,154.69
Commission $14.95
TOTAL $1,169.64

Capital Gains

April 21, 1999
SOLD 25 @ 58 7/8 (less commission)

Net proceeds from the sale. $1,456.93
Less acquisition costs = net profit before taxes (Capital Gains) $287.29


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