Getting Gas from the Rockies: Williams earnings jump: 22 percent rise in natural gas production fuels Tulsa company's third-quarter results.

From: Tulsa World (Tulsa, OK) | Date: November 3, 2006 | Copyright information

Byline: Russell Ray

Nov. 3--Rising natural gas production in the Rocky Mountains and a doubling of natural gas liquids sales led to a substantial increase in third-quarter earnings at Tulsa-based Williams Cos. Inc., the company reported Thursday.

Net income for Williams, which produces and transports natural gas, rose to $106.2 million, or 18 cents per share, from $4.4 million, or 1 cent per share, in the same quarter last year.

Excluding one-time gains and losses and the impact of mark-to-market accounting on Williams' energy-trading contracts, Williams earned ...

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