Eqt Tallies $88.1 Million 1q Profit

Summary


Sharply lower costs for purchased natural gas overcame a drop in revenue and helped EQT Corp. to a 22.3 percent increase in first- quarter net income, the company said today.

EQT's profit totaled $88.1 million, or 65 cents a share, compared with $72 million, or 55 cents a share in the first quarter of 2008.

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Eqt Tallies $88.1 Million 1q Profit

Revenue fell 7 percent in the quarter, to $436.6 million, fr...

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