DALLAS, July 23, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring natural gas-focused energy company Questar Corp. (NYSE:STR). The report includes financial and comparative analyses, as well as pertinent industry information you need to know to make an educated investment decision.
The investment report on Questar Corp. (NYSE:STR) should be of particular interest to other comparable companies: National Fuel Gas Co. (NYSE:NFG), Chesapeake Energy Corp. (NYSE:CHK), Southern Union Co. (NYSE:SUG) and Anadarko Petroleum Corp. (NYSE:APC).
It is available at: http://beaconequity.com/i/STR
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Questar Corp. (STR) is a natural gas-focused energy company with five major lines of business -- gas exploration and production, midstream field services, energy marketing, interstate gas transportation and retail gas distribution -- which are conducted through its three principal subsidiaries.
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In the report, the analyst notes:
"As of March 31, 2008, STR had estimated proved reserves of 2,218 billion cubic feet of gas equivalent and probable and possible reserves of 9,300 Bcfe; served 892,829 sales and transportation customers; owned 2,533 miles of interstate pipeline with total firm capacity commitments of 4,219 Mdth per day; and owned and operated the 488-mile Southern Trails Pipeline from the Blanco hub in the San Juan Basin to the California state line.
"According to the International Energy Agency (EIA), U.S. gas production expanded 4% in the first months of this year. U.S. stockpiles are 22% above the five-year average for this time of year, according to the Energy Department. Total natural gas consumption is projected to decline by 2.3% in 2009 and remain unchanged in 2010."
To read the entire report visit: http://beaconequity.com/i/STR
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