Company Overview of Questar Gas Company
Questar Gas Company is engaged in the distribution of natural gas to residential and commercial customers in Utah, southwestern Wyoming, and southeastern Idaho. The company owns and operates distribution systems; and has a total of 27,862 miles of street mains, service lines, and interconnecting pipelines. As of March 31, 2014, it served 952,516 customers. The company is based in Salt Lake City, Utah. Questar Gas Company is a subsidiary of Questar Corporation.
333 South State Street
PO Box 45433
Salt Lake City, UT 84145
Key Executives for Questar Gas Company
Vice President and Controller
General Manager of State Regulatory Affairs
Compensation as of Fiscal Year 2014.
Questar Gas Company Key Developments
Questar Gas Company Announces Unaudited Earnings Results for Third Quarter and Nine Months Ended September 30, 2014
Oct 29 14
Questar Gas Company announced unaudited earnings results for third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $100.70 million, operating loss of $9.40 million, net loss of $9.10 million compared to the revenues of $89.40 million, operating loss of $11.20 million, net loss of $9 million for the same quarter a year ago. Adjusted EBITDA was $5.8 million compared to the $2.5 million for the same quarter year ago.
For the year to date, the company reported revenues of $642 million, operating income of $60.70 million, net income of $27.20 million compared to the revenues of $647.80 million, operating income of $55.30 million, net income of $26.80 million for the same period a year ago. Adjusted EBITDA was $105.2 million compared to the $96.0 million for the same period year ago.
Questar Gas Company Reports Earnings Results for the Second Quarter Ended June 30, 2014
Jul 31 14
Questar Gas Company reported earnings results for the second quarter ended June 30, 2014. For the quarter, the company's adjusted EBITDA was lower by $800,000. The company recognized a seasonal net loss of $3.3 million compared to a net loss of $1.2 million in the same period last year. The increase in the loss was due primarily to higher interest expense and higher depreciation from capital spending. The company capital investment in the second quarter was $38.9 million, a decrease of $3.5 million compared to the second quarter of 2013. ROE was 9.9%.
Questar Gas Company Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2014
Apr 29 14
Questar Gas Company reported unaudited earnings results for the first quarter ended March 31, 2014. The company's first-quarter 2014 net income rose 7% to $39.6 million, up from $37.0 million in the first quarter of 2013. Adjusted EBITDA was up 9% to $84.3 million in the current quarter compared to $77.6 million for the 2013 quarter. Revenue was $396.3 million against $418.3 million a year ago. Operating income was $69.8 million against $64.3 million a year ago.
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