Aquila Inc.’s first quarter losses, though anticipated because of its decision to wind down its once mighty wholesale energy trading business, showed a glimmer of positive news Thursday, with the company’s domestic utility networks up more than 50% from a year ago.
1Q2003
Articles from 1Q2003
Williams Energy Partners Posts 38% Boost in 1Q2003 Net Income
On the backs of its pipeline system and independent petroleum products terminals, Williams Energy Partners LP. announced first-quarter 2003 operating profit of $38.1 million compared with $28.8 million in 2002, representing a 32% increase. The company also noted that net income for the same period increased 38% from $21.1 million in 2002 to $29.1 million in 2003.
April 29, 2003
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