Oil, Gas and Consumable Fuels
Company Overview of Questar Pipeline Company
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
Founded in 1983
Key Executives for Questar Pipeline Company
Chief Financial Officer, Executive Vice President and Director
Vice President and Controller
Compensation as of Fiscal Year 2015.
Questar Pipeline Company Key Developments
Questar Pipeline Company Announces Executive Changes
Mar 9 15
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.
Questar Pipeline Company Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Capital Investment Guidance for the Year 2015
Feb 18 15
Questar Pipeline company reported unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenues of $46.8 million compared to $47.2 million a year ago. Operating income was $28.3 million compared to $29.8 million a year ago. Net income was $14.3 million compared to $15.8 million a year ago. Adjusted EBITDA was $43.9 million compared to $44.6 million a year ago.
For the year, the company reported revenues of $190.2 million compared to $189.5 million a year ago. Operating income was $117.6 million compared to $35.5 million a year ago. Net income was $60.6 million compared to $8.2 million a year ago. Adjusted EBITDA was $177.3 million compared to $177.1 million a year ago. Capital investment for the period was $59 million.
The company provided capital investment forecast for the year 2015. For the year, the company expects capital investment of $50 million.
Questar Pipeline Company Announces Unaudited Earnings Results for Third Quarter and Nine Months Ended September 30, 2014
Oct 29 14
Questar Pipeline Company announced unaudited earnings results for third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $47.30 million, operating income of $28.80 million, net income of $14.90 million, adjusted EBITDA of $43.50 million compared to the revenues of $47 million, operating loss of $52.60 million, net loss of $37.90 million, adjusted EBITDA of $43.50 million for the same quarter a year ago.
For the year to date, the company reported revenues of $143.40 million, operating income of $89.30 million, net income of $46.30 million, adjusted EBITDA of $133.40 million compared to the revenues of $142.30 million, operating income of $5.70 million, net loss of $7.60 million, adjusted EBITDA of $132.50 million for the same period a year ago.
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