Questar Corporation (STR) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Questar Corporation (STR) reported quarterly earnings results on Wednesday, Aug-3-2016. The company reported $0.20 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.22. The company posted revenue of $174.10 million in the period, compared to analysts expectations of $219.64 million. The company’s revenue was down -12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Questar Corporation opened for trading at $25.14 and hit $25.24 on the upside on Tusday, eventually ending the session at $25.24, with a gain of 0.40% or 0.1 points. The heightened volatility saw the trading volume jump to 5,80,108 shares. Company has a market cap of $4,427 M.

In a different news, on Jun 22, 2016, Colleen Larkin Bell (VP & General Counsel) sold 1,194 shares at $25.01 per share price. According to the SEC, 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.

Questar Corporation

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