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Article: Southern Union Announces 3Q Results; Reaffirms 2009 Guidance.(Financial report)
- Article from:
- Business Wire
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* Third Quarter Adjusted EPS of $.34; Reported EPS of $.36
* Additional Hedges Acquired for 2010 and 2011 Portfolio
HOUSTON -- Southern Union Company (NYSE:SUG) today reported net earnings available for common stockholders for the quarter ended September 30, 2009 of $44.7 million ($.36 per share), compared with $42.5 million ($.34 per share) in the prior year.
Adjusted net earnings available for common stockholders for the current quarter were $42.7 million ($.34 per share), compared with $36.0 million ($.29 per share) in the prior year. Adjusted net earnings for the current quarter exclude a $9.4 million ($.08 per share) mark-to-market ...