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September 04, 2015 5:49 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Questar Pipeline Company

Company Overview

Questar Pipeline Company, together with its subsidiaries, provides natural gas-transportation and underground-storage services in Utah, Wyoming, and Colorado. The company operates 2,662 miles of natural gas transportation pipelines that interconnect with other pipelines, including 10 miles of owned by a third party. It also offers wellhead automation and measurement services for Rockies oil and gas producers. The company was founded in 1983 and is based in Salt Lake City, Utah. Questar Pipeline Company operates as a subsidiary of Questar Corporation.

333 South State Street

PO Box 45360

Salt Lake City, UT 84145

United States

Founded in 1983

285 Employees

Phone:

801-324-5000

Key Executives for Questar Pipeline Company

President
Age: 49
Chief Financial Officer, Executive Vice President and Director
Age: 42
Executive Vice President
Age: 57
Vice President and Controller
Age: 59
Compensation as of Fiscal Year 2015.

Questar Pipeline Company Key Developments

Questar Pipeline Company Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Questar Pipeline Company announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $199.3 million compared with $201.3 million for the same period a year ago. Operating income was $75.3 million compared with $76.5 million for the same period a year ago. Income before tax was $62.0 million compared with $62.8 million for the same period a year ago. Net income was $40.6 million or $0.23 per basic and diluted share compared with $40.3 million or $0.23 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $130.1 million compared with $137.3 million for the same period a year ago. For the six months, the company reported total revenues of $627.9 million compared with $658.2 million for the same period a year ago. Operating income was $222.3 million compared with $224.8 million for the same period a year ago. Income before tax was $195.4 million compared with $198.0 million for the same period a year ago. Net income was $125.2 million or $0.71 per basic and diluted share compared with $125.4 million or $0.71 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was $301.2 million compared with $283.8 million for the same period a year ago. Investment in property, plant and equipment was $127.3 million compared with $134.4 million for the same period a year ago. Adjusted EBITDA was $333.7 million compared with $343.6 million for the same period a year ago.

Questar Pipeline Company Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Questar Pipeline Company announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $46.5 million compared with $48.1 million for the same period a year ago. Net income was $15.2 million compared with $15.7 million for the same period a year ago. Operating income was $29.3 million compared with $30.4 million for the same period a year ago. For the six months, the company reported net sales of $93.3 million compared with $96.1 million for the same period a year ago. Net income was $29.1 million compared with $31.4 million for the same period a year ago. Operating income was $56.7 million compared with $60.5 million for the same period a year ago.

Questar Pipeline Company Announces Executive Changes

Questar Pipeline Company announced that Allan Bradley president and chief executive officer has elected to retire, effective June 1, 2015. Bradley has led Questar's interstate pipeline subsidiary since 2005, after 30 years with other energy companies. Questar concurrently announced that Micheal Dunn will become Questar Corp. EVP and president of Questar Pipeline, effective April 16, 2015. Dunn comes to Questar after serving since 2010 as president and CEO of PacifiCorp Energy. Prior to that, Dunn was president of Kern River Gas Transmission Company.

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