(Source: Datamonitor)

US-based power and gas utility Dominion Resources has reported net earnings of $594 million, or $1 per share, for the third quarter ended September 30, 2009, compared to $508 million, or $0.87 per share, for the same period of 2008.
The company has reported operating revenue of $3.65 billion for the third quarter ended September 30, 2009, compared to $4.36 billion for the same quarter of 2008.
Dominion Resources has reported net earnings of $1.29 billion, or $2.19 per share, for the first nine months of 2009, compared to $1.49 billion, or $2.56 per share, for the corresponding period of 2008.
Year-to-date operating revenue was $11.87 billion, compared to $12.12 billion for the first nine months of 2008.
Thomas Farrell II, chairman, president and CEO of Dominion Resources, said: "Our core businesses continued to deliver strong operating earnings results this quarter despite unfavorable weather in our electric service territory. Driven by the performance of our regulated businesses, and combined with lower financing costs and a lower effective income tax rate, our operating earnings exceeded the top end of our guidance range."
A service of YellowBrix, Inc.