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ADD to BW1110 (NUI) REPORTS THIRD QUARTER RESULTS.


BEDMINSTER Bedminster may refer to:
  • Bedminster, Bristol, United Kingdom
  • Bedminster Down, Bristol, United Kingdom
  • Bedminster Township, New Jersey, United States
  • Bedminster Township, Pennsylvania, United States
, N.J.--(BUSINESS WIRE)--July 26, 1995--ADD the following to BW1110 (NUI (1) (Network User Interface) A user interface for a computer attached to the network. The NUI is designed to work with remote applications and files as easily as local files. ) Reports Third Quarter Results:

                            NUI Corporation
                               (NYSE:NUI)
                           Comparative Table
    (Thousands, except per share amounts and operating data; unaudited)


                             Three Months             Nine Months
                             Ended June 30,          Ended June 30,
                           1995         1994      1995           1994


Operating Revenues      $ 58,974      $ 74,747  $ 305,436     $ 332,887
Purchased Gas and Fuel  $ 25,454      $ 42,106  $ 157,796     $ 189,471
Franchise & Gross
 Receipts Taxes         $  4,563      $  4,511  $  25,864     $  29,357
Total Operating Margins $ 28,957      $ 28,130  $ 121,776     $ 114,059
Oper. & Maint. Expenses $ 21,115      $ 21,537  $  64,499     $  62,040
Non-Recurring Charges
 (pre-tax)                    --            --  $   8,591     $      --
Operating Income        $  2,380      $  1,731  $  23,737     $  26,447
Net Income (Loss)       $ (2,196)     $ (2,234) $  10,336     $  15,436
Per Share Effect of
 Non-Recurring
 Charges (Credits),
 Net (after-tax)             --       $ (0.02)-a $   0.61     $      --
Net Income (Loss)
 Per Share              $  (0.24)     $ (0.25)   $   1.13     $    1.83
Weighted Average
 No. of Shares
 Outstanding               9,164        8,881       9,122         8,454


DEGREE DAYS


NJ - Actual                  515          387       4,294         4,935
Overall Variance From     4% Warmer  28% Warmer   13% Warmer      Normal
 30 Year Average ("Normal")
Total Average
 Customers Served        355,195      347,077     353,878       332,508
Total Throughput (Bcf's)    17.2         16.8        68.4          62.8




                                               12 Months
                                             Ended June 30,
                                          1995          1994


Operating Revenues                     $ 364,835     $ 385,553
Purchased Gas and Fuel                 $ 191,746     $ 219,205
Franchise & Gross
 Receipts Taxes                        $  28,537     $  31,583
Total Operating Margins                $ 144,552     $ 134,765
Oper. & Maint. Expenses                $  86,773     $  81,086
Non-Recurring Charges
 (pre-tax)                             $   9,514     $      --
Operating Income                       $  23,123     $  25,138
Net Income (Loss)                      $   5,680     $  10,768
Per Share Effect of
 Non-Recurring
 Charges (Credits),
 Net (after-tax)                       $   0.50-a   $      --
Net Income (Loss)
 Per Share                             $   0.62     $    1.19
Weighted Average
 No. of Shares
 Outstanding                              9,143         9,076


DEGREE DAYS


NJ - Actual                               4,303         4,990
Overall Variance From                  14% Warmer      Normal
 30 Year Average ("Normal")
Total Average
 Customers Served                       352,137       329,779
Total Throughput (Bcf's)                   84.0          76.0


(a) Includes the per share effect of non-recurring charges (after-tax af·ter-tax also af·ter·tax
adj.
Relating to or being that which remains after payment, especially of income taxes: after-tax profits. 
), less the reversal reversal n. the decision of a court of appeal ruling that the judgment of a lower court was incorrect and is reversed. The result is that the lower court which tried the case is instructed to dismiss the original action, retry the case, or is ordered to change its  of $0.2 million and $1.6 million of Federal income taxes in the third and fourth quarters of fiscal 1994, respectively.

CONTACT: NUI Corporation, Bedminster

Alexandra Alexandra, 1844–1925, queen consort of Edward VII of Great Britain, whom she married in 1863. She was the daughter of Christian IX of Denmark.
Alexandra
 Russian Aleksandra Fyodorovna orig.
 Pruner, (908) 719-4222
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 26, 1995
Words:383
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