February 28, 2015 9:01 AM ET

Gas Utilities

Company Overview of Questar Corporation

Company Overview

Questar Corporation operates as an integrated natural gas company in the United States. It distributes natural gas as a public utility in Utah, southwestern Wyoming, and a small portion of southeastern Idaho serving 945,971 sales and transportation customers; and owns and operates distribution systems comprising 27,612 miles of street mains, service lines, and interconnecting pipelines, as well as has long-term franchises granted by communities and counties in its service area. The company also develops, produces, and delivers natural gas from its properties located in the Rocky Mountain region, primarily in the Vermillion, Pinedale, Moxa Arch, and Uinta Basin producing fields; produces and ...

333 South State Street

PO Box 45433

Salt Lake City, UT 84145

United States

Founded in 1922

1,745 Employees

Phone:

801-324-5000

Key Executives for Questar Corporation

Chairman, Chief Executive Officer, President, Chairman of Questar Gas, Chief Executive Officer of Questar Gas, Chief Executive Officer of Wexpro, President of Questar Gas and President of Wexpro
Age: 60
Total Annual Compensation: $768.8K
Chief Financial Officer and Executive Vice President
Age: 41
Total Annual Compensation: $374.8K
Chief Operating Officer and Executive Vice President
Age: 59
Total Annual Compensation: $364.0K
Executive Vice President, Chief Executive Officer Questar Pipeline and President of Questar Pipeline
Age: 62
Total Annual Compensation: $395.5K
Executive Vice President
Age: 60
Total Annual Compensation: $396.6K
Compensation as of Fiscal Year 2013.

Questar Corporation Key Developments

Wexpro Company Seeks Acquisitions

Wexpro Company is seeking acquisitions. Ron Jibson, Chairman, President and Chief Executive Officer of Questar Corporation (NYSE:STR), said, "Wexpro has actively evaluating significant acquisition opportunities to determine if they meet the necessary asset-quality, cost and longevity."

Questar Corporation Announces Executive Promotions

Questar Corporation announced that effective immediately, Thomas C. Jepperson will assume new duties as COO, Questar Corporation. Rasmussen will report to Jepperson. Effective March 1, 2015, Colleen Larkin Bell, currently vice president and assistant general counsel, has been promoted to vice president and general counsel of Questar Corporation. With 25 years in Questar's legal department, Bell brings extensive experience and knowledge to the general counsel position. Bell will report directly to Ron Jibson, Questar chairman, president and CEO.

Questar Corporation Reports Unaudited Consolidated Earnings and Operational Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Questar Corporation reported unaudited consolidated earnings and operational results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues were $373.2 million, operating income was $111.7 million, income before income taxes was $98.3 million and net income was $62.5 million or $0.35 per diluted share against total revenues of $397.9 million, operating income of $122.6 million, income before income taxes of $110.0 million and net income of $68.1 million or $0.39 per diluted share for the same period a year ago. Adjusted EBITDA was $165.3 million compared to $175.9 million in the year-ago period. For the full year, the company reported total revenues were $1,189.3 million, operating income was $405.4 million, income before income taxes was $352.4 million and net income was $226.5 million or $1.29 per diluted share against total revenues of $1,220.0 million, operating income of $305.8 million, income before income taxes of $262.5 million and net income of $161.2 million or $0.92 per diluted share for the same period a year ago. Net cash provided by operating activities was $443.6 million compared to $502.1 million a year ago. Purchase of property, plant and equipment was $319.1 million compared to $399.4 million a year ago. Return on average common equity was 14.4% compared to 1.4% a year ago. Adjusted ROE before asset impairment charge was 18.7% compared to 10.0% a year ago. Adjusted EBITDA was $630.0 million compared to $595.0 million in the year-ago period. For the quarter, the company reported total deliveries of natural gas volumes were 54.2 MMdth against 59.3 MMdth a year ago. NGL sales were 28 million bbl compared to 36 million bbl a year ago. For the year, the company reported total deliveries of natural gas volumes were 183.6 MMdth against 183.8 MMdth a year ago. NGL sales were 128 million bbl compared to 163 million bbl a year ago. For 2015, the company projects EPS of $1.20 to $1.30 per diluted share and capital expenditures of $370 million. In 2014, consolidated capital investment was $372 million, including the $52.4 million property acquisition by Wexpro.

Similar Private Companies By Industry

Company Name Region
Acadian Gas, LLC United States
Southwest Gas Storage Company United States
CNE Peaking, LLC United States
Northwest Energy Corporation United States
Heartland Gas Pipeline, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Questar Corporation, please visit www.questar.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.