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Swinging wildly to a loss for the quarter due in large part to the impairment of its telecommunication assets, Dominion Resources reported a 3Q net loss of $256 million, or 79 cents per share, compared to net income of $430 million, or $1.54 per share for the same period last year.

Piedmont Natural Gas Co. reported a net loss of $9.7 million, or $0.29 per diluted share, for the third quarter, which includes a decrease in net income of $4.2 million, or $0.13 per diluted share, associated with the change in the way the company records revenues and cost of gas on volumes delivered but not yet billed beginning this fiscal year. The results compare with a net loss of $9 million, or $0.27 per diluted share, in the same period in 2002.

With its exploration and production segment and cogeneration assets reported as discontinued operations, NiSource reported last week that net income for the second quarter of 2003 resulted in a net loss of $324.9 million, or $1.24 per share, versus net income of $25 million, or 12 cents per share, for the comparable 2002 period.

Making further strides in strengthening its balance sheet, AGL Resources Inc. reported net income of $18.9 million, or $0.29 per diluted share, for the second quarter of 2003, reflecting a 54% improvement over the $12.3 million, or $0.22 per basic and diluted share, recorded for 2Q2002.

Making further strides in strengthening its balance sheet, AGL Resources Inc. on Thursday reported net income of $18.9 million, or $0.29 per diluted share, for the second quarter of 2003, reflecting a 54% improvement over the $12.3 million, or $0.22 per basic and diluted share, recorded for 2Q2002.

With its exploration and production segment and cogeneration assets reported as discontinued operations, NiSource on Wednesday reported that net income for the second quarter of 2003 resulted in a net loss of $324.9 million, or $1.24 per share, versus net income of $25 million, or 12 cents per share, for the comparable 2002 period.

Public Service Enterprise Group (PSEG) beat Wall Street estimates and avoided the large one-time negative charges of a year ago in announcing earnings from continuing operations for the second quarter of $150 million, or 66 cents/share, compared to a loss of $227 million, or $1.10/share.

Public Service Enterprise Group (PSEG) beat Wall Street estimates and avoided the large one-time negative charges of a year ago in announcing earnings from continuing operations for the second quarter of $150 million, or 66 cents/share, compared to a loss of $227 million, or $1.10/share.

Calgary-based AltaGas Services Inc. reported record first quarter net income of C$10 million or C$0.22 per basic and diluted share, compared to C$7.4 million or C$0.19 per basic and diluted share for the first quarter of 2002, representing a 35% increase in net income and a 16% increase in earnings per share.