Revenue Update on Questar Corporation(NYSE:STR)

Questar Corporation(NYSE:STR) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $174.10M. Analysts estimated a revenue of $219.64M. Earnings per share were $0.20. Analysts had estimated an EPS of $0.22.

Questar Corporation (STR) made into the market gainers list on Fridays trading session with the shares advancing 0.12% or 0.03 points. Due to strong positive momentum, the stock ended at $25.2, which is also near the day’s high of $25.23. The stock began the session at $25.18 and the volume stood at 2,26,950 shares. The 52-week high of the shares is $25.38 and the 52 week low is $18.02. The company has a current market capitalization of $4,421 M and it has 17,54,40,130 shares in outstanding.

Questar Corporation has also declared a cash dividend of $0.2200 on Aug 1, 2016. The shares will quote ex-dividend on Aug 17, 2016 and the record date has been fixed on Aug 19, 2016. The dividend payable date has been fixed on Sep 12, 2016.

Several Insider Transactions has been reported to the SEC. On Jun 22, 2016, Colleen Larkin Bell (VP & General Counsel) sold 1,194 shares at $25.01 per share price.Also, On Apr 4, 2016, Kevin W. Hadlock (Chief Financial Officer) sold 2,006 shares at $24.81 per share price.On Dec 2, 2015, J T Mcmanus (director) sold 5,000 shares at $18.92 per share price, according to the Form-4 filing with the securities and exchange commission.

Questar Corporation (Questar) is an integrated natural gas holding company that develops produces and delivers clean energy in the Rockies North America. The company through its subsidiaries is principally engaged in three line of business: Questar Gas Company (Questar Gas) which provides retail natural gas distribution in Utah Wyoming and Idaho; Wexpro Company (Wexpro) that develops and produces natural gas from cost-of-service reserves for Questar Gas customers and Questar Pipeline Company which operates interstate natural gas pipelines and storage facilities in the western United States and provides other energy services. The Company also operates through Questar Fueling Company (Questar Fueling) which builds owns and operates compressed natural gas (CNG) fueling stations for fleet operators with medium- and heavy-duty trucks and tractors.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *