Tuesday, May 8, 2007

UPDATE 1-El Paso profit lifted by pipeline sale

(Reuters) - The Houston-based company said profit was $629 million, or 89 cents per share, compared with $356 million, or 49 cents per share, in the same period a year earlier.

Excluding proceeds from the sale, debt repurchase costs and losses from the market value of trading contracts, the company posted adjusted earnings from continuing operations of 18 cents per share.


Read more at Reuters.com Market News

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