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Article: Questar Reports $98.2 Million Third-Quarter 2009 Net Income.
- Article from:
- Energy Weekly News
- Article date:
- November 13, 2009
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Questar Corp. (NYSE:STR) reported $98.2 million net income for the third quarter 2009, or $0.56 per diluted share. Excluding gains and losses from sales of non-core assets and mark-to-market losses on natural gas basis-only swaps, Questar net income was $0.60 per diluted share in the third quarter of 2009. Third-quarter 2009 EBITDA was $373.7 million, down 18% from the third quarter of 2008. Reflecting continued voluntary curtailments, Questar E&P third-quarter production was 43.8 Bcfe, compared to 45.3 Bcfe in the third quarter of 2008 and 43.4 Bcfe in the second quarter of 2009. NET INCOME (LOSS) BY SUBSIDIARY (in millions, except earnings per share)
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