Williams posted unaudited third-quarter 2007 net income that was 86% greater than the same period one year ago. The company credited strong gas production and gas liquids margins as well as new rates on two of its pipeline systems.
Unaudited
Articles from Unaudited
PNM 3Q Profits Increase 39%; PowerGen Up, Utilities Down
Despite continued gas and electric utility earnings decreases, PNM Resources Thursday reported unaudited third-quarter consolidated earnings that jumped up 39.1% compared to the same period in 2005, riding improved electric generation plant results. Net ongoing quarterly earnings were $44.4 million, or 63 cents/diluted share, compared to $31.9 million, or 46 cents/diluted share in the third quarter last year.
Strong Gas Operations Help Williams Pare Down 4Q, Full-Year Losses
Despite cutting its year-over-year losses significantly, Williams on Thursday announced an unaudited 2003 net loss of $504.5 million, or a loss of $1.03 per share on a diluted basis, compared with a net loss of $754.7 million, or a loss of $1.63 per share, for 2002.
Sempra Posts 22% Earnings Increase; SoCalGas Marks Sendout Record
San Diego, CA-based Sempra Energy last week reported unaudited 2001 earnings of $518 million, or $2.52/diluted share, compared to $429 million, or $2.06/diluted share in 2000, a 22% increase, including a bigger share from its nonutility companies. Revenues were $8 billion for the full year in 2001, compared with $7 billion the previous year — a 14% rise.
Sempra Energy Reports 22% Earnings Increase for ’01
San Diego, CA-based Sempra Energy Thursday reported unaudited 2001 earnings of $518 million, or $2.52/diluted share, compared to $429 million, or $2.06/diluted share in 2000, a 22% increase, including a bigger share from its nonutility companies. Revenues were $8 billion for the full year in 2001, compared with $7 billion the previous year — a 14% rise.
Williams Warns of Lower Earnings
Williams Chairman Keith E. Bailey said Tuesday the company’sunaudited third quarter financials, which are expected to bereleased today, will include $70 million, or 10 cents per share, inpre-tax charges and write-downs.