| CNX Gas Corp. Q3 2009 Earnings Call Transcript |
| News - Financial News |
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--(www.FinancialNewsUSA.com)-- 10/23/2009 - Oil and Gas Drilling and Exploration industry news provided by Financial News USA. Thank you for standing by and welcome to the CONSOL Energy and CNX Gas third quarter 2009 results conference call. As a reminder, today's conference is being recorded. I would now like to turn the conference call over to the Vice President of Investor Relations Dan Zajdel. Please go ahead, sir. Welcome to our joint earnings calls with CONSOL Energy and CNX Gas. With me this morning is Brett Harvey, Chief Executive Officer of CONSOL Energy and Chairman and CEO of CNX Gas. Also with us today are Bill Lyons, Executive Vice President and Chief Financial Officer for both companies. This morning we will be discussion third quarter results for both companies. In addition, we will be discussing our views on the outlook for the remainder of 2009 and for 2010. Any forward-looking statements we may express or our expectations for results, as you know, are subject to business risk and we have enumerated those risks in both earnings releases issued this morning and in our SEC 10-K filings. [Read the full article] MIDLAND, Texas, Oct. 22, 2009 (GLOBE NEWSWIRE) -- Legacy Reserves LP (Nasdaq: LGCY) today announced that the Board of Directors of its general partner has approved a cash distribution attributable to the third quarter of 2009 of $0.52 per unit, payable on November 13, 2009, to unitholders of record at the close of business on November 2, 2009. This quarterly distribution represents an annualized distribution of $2.08 per unit and maintains the distribution amount paid for the sixth straight quarter. "We are pleased with our production performance in the third quarter, which along with improved oil and natural gas prices, provided strong coverage for our quarterly distribution," stated Cary D. Brown, the Chairman and Chief Executive Officer of the Partnership's general partner. [Read the full article] Welcome to the Ensco International third quarter 2009 Earnings Call. As a reminder this call is being recorded and your participation constitutes consent to its taping. I will now turn this conference call over to Mr. Sean O'Neill, Vice President of Investor Relations who will moderate the call. Please go ahead, sir. Good morning and welcome to Ensco's third quarter 2009 conference call. With me today are Dan Rabun, CEO; Bill Chadwick, our COO; Jay Swent, Chief Financial Officer, as well as other members of our executive management team. This morning we issued our earnings release which is available on our website at enscointernational.com. Later today we plan to file our SEC Form 10-Q. As usual we will keep our call to one hour. Any comments we make about our expectations or forward-looking statements and are subject to risks and uncertainties. Many factors could cause actual results to differ materially. [Read the full article] HOUMA, La.--(BUSINESS WIRE)--Gulf Island Fabrication, Inc. (NASDAQ: GIFI) today reported net income of $6.0 million ($.41 diluted EPS) on revenue of $76.6 million for its third quarter ended September 30, 2009, compared to net income of $2.8 million ($.20 diluted EPS) on revenue of $92.7 million for the third quarter ended September 30, 2008. Net income for the nine months ended September 30, 2009 was $16.2 million ($1.12 diluted EPS) on revenue of $240.8 million, compared to the net income of $28.1 million ($1.96 diluted EPS) on revenue of $334.3 million for the nine months ended September 30, 2008. The company had a revenue backlog of $136.1 million and a labor backlog of approximately 1.5 million man-hours remaining to work, which consists of work remaining at September 30, 2009 and commitments received through October 22, 2009. [Read the full article] About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com. 
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