<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONDENSED CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF EARNINGS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 1,828 <SECURITIES> 16,984 <RECEIVABLES> 62,670 <ALLOWANCES> 606 <INVENTORY> 10,135 <CURRENT-ASSETS> 102,619 <PP&E> 506,917 <DEPRECIATION> 182,224 <TOTAL-ASSETS> 496,206 <CURRENT-LIABILITIES> 72,041 <BONDS> 164,867 <COMMON> 3,091 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 205,468 <TOTAL-LIABILITY-AND-EQUITY> 496,206 <SALES> 11,682 <TOTAL-REVENUES> 92,903 <CGS> 9,440 <TOTAL-COSTS> 61,462 <OTHER-EXPENSES> 21,464 <LOSS-PROVISION> 16 <INTEREST-EXPENSE> 3,315 <INCOME-PRETAX> 8,379 <INCOME-TAX> 3,139 <INCOME-CONTINUING> 5,240 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,240 <EPS-PRIMARY> .20 <EPS-DILUTED> .20