Questar Corporation (STR) Reports In-Line Q4 EPS, Offers FY Guidance

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Questar Reports Record Adjusted Earnings of $226.9 Million for 2015

February 17, 2016 5:39 PM EST

Increases Dividend and Provides 2016 EPS and Capital Guidance

Accepts Offer to Combine with Dominion Resources, Inc.

SALT LAKE CITY--(BUSINESS WIRE)-- Questar Corporation (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 charges, 2015 adjusted earnings were $226.9 million, or $1.28 per diluted share, compared to 2014 net income of $226.5 million, or $1.29 per diluted share.... More