Questar Corp.

Dominion Resources and Questar announced today that their proposed combination has cleared a key condition needed for completion. The Federal Trade Commission has granted early termination of the 30-day waiting period under the federal Hart-Scott-Rodino Antitrust Improvements Act with regard to the combination. Expiration or termination of the [...]

Questar Corp. (NYSE:STR) reported net income of $208.7 million for 2015, or $1.18 per diluted share. This included a noncash pension settlement accounting charge of $10.3 million after-tax ($0.06 per diluted share) and a noncash impairment charge of $7.9 million after tax ($0.04 per diluted share) on Wexpro leasehold properties. Excluding these [...]

Questar Corp.’s (NYSE:STR) board of directors today approved a 5% increase in the quarterly common stock cash dividend to 22 cents ($0.22). The dividend, payable March 14, 2016, to shareholders of record on February 26, 2016, is a 1 cent ($0.01) increase from the previous quarter and results in a new annualized dividend rate of 88 cents [...]

Questar Corp. (NYSE:STR) will host a teleconference and webcast to discuss 2015 results beginning at 9:30 a.m. ET (7:30 a.m. MT) on Thursday, February 18, 2016. Ronald W. Jibson, Questar chairman, president and CEO, and Kevin W. Hadlock, executive vice president and CFO, will make presentations. Questar plans to issue its 2015 earnings release [...]

Questar has received approval from the Utah and Wyoming public service commissions to include natural gas-producing properties under the Wexpro II Agreement. Regulators also approved changes to the Wexpro cost-of-service model established by the Wexpro agreements. In December 2014, Wexpro paid $52.7 million to acquire an additional working interest [...]

Questar Corp. (NYSE:STR) reported third-quarter 2015 net income of $32.6 million, or $0.18 per diluted share compared to third-quarter 2014 net income of $38.6 million, or $0.22 per diluted share. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) for the quarter were $119.3 million compared to $121.1 million [...]

Questar Corp. (NYSE: STR) announced today that Thomas C. Jepperson, Questar’s chief operating officer (COO), has elected to retire effective Jan. 1, 2016. Jepperson has been with Questar 27 years, serving as the corporation’s chief legal officer since 2005. “Tom has been an influential leader in the transformation of Questar over [...]

Questar Corp.’s (NYSE: STR) board of directors approved a $0.21 (21 cent) quarterly common stock cash dividend. The dividend, payable December 14, 2015, to shareholders of record on November 20, 2015, is the same as the previous quarter. This is the company’s 284th consecutive dividend. Questar is a Rockies-based integrated natural gas [...]

Questar Corp. (NYSE:STR) will host a teleconference and webcast to discuss third-quarter results beginning at 9:30 a.m. ET (7:30 a.m. MT) on Thursday, November 5, 2015. Ronald W. Jibson, Questar chairman, president and CEO, and Kevin W. Hadlock, executive vice president and CFO, will make presentations. Questar plans to issue its third-quarter [...]

Questar Corp. (NYSE: STR) today announced that its subsidiary, Wexpro Company, has entered into a joint venture to develop natural gas-producing properties in western Colorado’s Piceance Basin. Wexpro will partner with Piceance Energy, LLC, a subsidiary of Laramie Energy II, LLC, and a leader in developing low-cost drilling and completion [...]