Dominion Announces 2011 Earnings

A | A
Share  
January 27, 2012

Member Benefits:

  • Worldwide Unconventional News and Exclusives
  • Daily Emailed Newsletter
  • Unconventional U.S. Rig Tracker, By Play
  • Company Databank, With More Than 30 Plays
  • Special Reports on Emerging Plays
  • Quarterly Completions Roundup
  • Active Operators By Play

Dominion announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (GAAP) for the 12 months ended Dec. 31, 2011, of $1.41 billion ($2.45 per share), compared with reported earnings of $2.81 billion ($4.76 per share) for the same period in 2010.

Operating earnings for the 12 months ended Dec. 31, 2011, amounted to $1.75 billion ($3.05 per share), compared to operating earnings of $1.97 billion ($3.34 per share) for the same period in 2010. Operating earnings are defined as reported (GAAP) earnings adjusted for certain items.

Dominion ...


Already a subscriber? Log In