When the price of natural gas sees an uptick, so do oil and gas firms and EQT Corp.'s first quarter earnings report reflects that. The Downtown-based firm reported a profit of $164 million, or 43 cents per share for the past quarter, compared with $5.6 million, or 5 cents per share during the same three months last year. EQT spent $653 million for two acquisitions last quarter. The company is fresh off an acquisition blitz during the past three months, having added nearly 100,000 Marcellus Shale acres in West Virginia during that period. EQT attributed the achievement, in part, to a rise the price it was able to get for its hydrocarbons, which, at $3.50 per thousand cubic feet, was a third higher than a year ago.
as declared in That helped Nomura post an annual profit of 88.1 billion yen overseas. Nomura's January-March net profit was 61.3 billion yen, compared with a net loss of 19.2 billion yen in the same period a year earlier. Its overseas operations posted a quarterly pretax profit of 16.7 billion yen, against a loss of 16.6 billion yen in the year-earlier period. ReutersUPDATE 1-Nomura posts first overseas annual profit in 7 years, sets buyback* Overseas biz FY pretax profit Y88.1 bln vs Y79.6 bln loss FY15 * Wholesale business drives profit, buoyed by fixed-income (Adds details of results by business segment) By Thomas WilsonTOKYO, April 27 (Reuters) - Nomura Holdings Inc <8604.T> posted its first annual pretax profit in seven years in its overseas business and swung to a fourth-quarter net profit as strong revenues from bond trading helped drive its wholesale business. Annual profit at the unit fell for its third straight year.
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as declared in That helped Nomura post an annual profit of 88.1 billion yen overseas. Nomura's January-March net profit was 61.3 billion yen, compared with a net loss of 19.2 billion yen in the same period a year earlier. Its overseas operations posted a quarterly pretax profit of 16.7 billion yen, against a loss of 16.6 billion yen in the year-earlier period. ReutersUPDATE 1-Nomura posts first overseas annual profit in 7 years, sets buyback* Overseas biz FY pretax profit Y88.1 bln vs Y79.6 bln loss FY15 * Wholesale business drives profit, buoyed by fixed-income (Adds details of results by business segment) By Thomas WilsonTOKYO, April 27 (Reuters) - Nomura Holdings Inc <8604.T> posted its first annual pretax profit in seven years in its overseas business and swung to a fourth-quarter net profit as strong revenues from bond trading helped drive its wholesale business. Annual profit at the unit fell for its third straight year.
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Southwest Airlines first quarter profit drops 32 percent
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