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Williams 1Q profits soar

Started by Chicken Little, May 05, 2005, 02:22:02 PM

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Chicken Little

"Natural gas company Williams Cos. Inc. said Thursday its first-quarter profit jumped 20 times higher than a year ago, thanks to increased production, greater sales volume and higher natural gas prices.

The Tulsa-based producer and transporter announced unaudited net income of $201.1 million, or 34 cents per share on a diluted basis, compared with a net earnings of $9.9 million, or 2 cents a share, a year ago."

http://www.fortwayne.com/mld/newssentinel/11571184.htm