Thursday, July 26, 2007

UPDATE 1-Equitable Resources 2nd-qtr earnings rise

(Reuters) - Income for the second quarter was $107.3 million, or 87
cents a diluted share, compared with $43.9 million, or 36 cents
a share in the same quarter a year earlier.




Pittsburgh-based Equitable recorded a $119.4 million
pre-tax gain for the sale of 81 billion cubic feet of gas into
a partnership with Range Resources under which the two
companies will jointly develop the Nora field in southwestern
Virginia.


Read more at Reuters.com Market News

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