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Show f9 6 Questar stock on the rise, asset sales lead to debt reduction 21, 2062 7h0 IWtHtPiraM CXTRJt TtlHH-trtdpnde- n1 $1.06 per diluted share versus charge in the first quarter and gains on asset sales in the second Only one more office space for rent m half Rattie indicated that the comthe Footpnnts Building .. Its the center pany currently projects 2003 earnof information technology in the center of Moab1 ings will range between $1.80 and $2 per share. This estimate is based on current hedge positions, and asprior-yea- r period. Network Access sumes prices for unhedged natural Natural growth 2002. FREE Cleaning Services from net income of and an 82.2 was Questar There higher average gas production at or near levels reRoom Conference Common million common shares outstanding flected in the forward price curves Pipeline, an interstate natural Copy and Fax Machines Available BW & Color Laser Pnnter Pnvileges 2002 pe- at the close of business Tuesday. subsidiary, offset the (diluted) for the Rattie noted that the companys impact of poor gas prices in the riod compared with 81.6 million a PRIMS Mountain estimate accounts for an ap2003 earlier. producRocky for company's works that year Technology you Keith 0. Rattie, Questar presiing areas. proximate $.15 per share downward For the first nine months of dent and CEO, said: Our impact related to 2002 asset sales, 121 E. 100 S. results are in line the loss of Section 29 tax credits and and 2002, Questars net income - including a noncash writedown related to with our previous guidance. Frankly, higher insurance costs. a change in accounting rules for were glad to have the second and Rattie also cited the company's (GETZ .moabtimesTco goodwill - was $87.6 million, or third quarters behind us. Depressed progress with debt reduction in Rockies prices took their toll on 2002. With the previously anQuestar Market Resources, our nounced sales of our Canadian E&P Rim Village: Own m home where you ploy! nonregulated business. The good business and our 50 interest in the news is that we are well positioned TransColorado Pipeline, we are on Nightly rentals to capitalize on stronger regional track to generate more than $235 can help million in proceeds from asset sales prices this winter and in 2003. offset reaffirmed this Rattie the companys mortgage year. Proceeds from the sales payments of these underperforming assets will previous guidance that the 550 N Main Street to retire debt, strengthen 2002 should be used corporations earnings www moabrealty com our and balance between sheet and improve re$1.70 $1.80 per range e on turns the share, excluding capital, he said. good Nightly Condo Rentals -- "Civ Questar Corp. (NYSE: STR) this week reported net income of $23.4 million, or $.28 per common diluted share, for the quarter ended Sept. 30. 2002, compared to $21.8 million, or $ 27 per diluted share, for the will $115 6 million, or $1.42 per diluted share, for the comparable 2001 period. Excluding the charge - $15.3 million, or $.19 per share - Questar earned $102.9 million, or $1.25 per share, for the first nine months of gas-producti- on nine-mon- th third-quart- 259-43- 84 er nine-mon- th one-tim- LAND AWAY FROM IT ALL, with your own view of Round Mountain A very original 5 acre lot in Castle Valley, far in the 'Upper 60' of the valley Lot backs up to m OF THE FINEST QUALITY - The best craftsmen worked on this executive home in s Pack Creek Ranch enclave Nestled among the Pinyon-Jumpewith views m every direction Patios or decks on 3 sides 3.344 sq ft on 2 levels including the walkout basement On 1 5 acres with 18 common interest m an additional 48 acres $1,095,000. (4640) RESIDENTIAL PERFECT CONDITION - Rim Village Townhome, 3 bed. 2 bath This one has an extended patio, fireplaces m living room snd in master bedroom, 2" sink in master bath, and extra cabinets in kitchen. $185,500 (5045) 2 GORGEOUS TOWNHOME One of a kind, 2 bath townhome at Rim Village, one level, with beautiful tile floors Stylish Master Bedroom with luxu-noensuite bath 2 patios, 2 fireplaces, 2 heating and gas) Extra income available systems from nightly rentals Furniture package by professional decorator available $179,900. (4995) IN COMMANDING VIEWS OF CASTLE VALLEY 3 bedroom 2 bath home dose to Porcupine Rim, on 5 acres 1 .808 sq ft of living space plus covered deck running the length of the house Property also features 800 sq ft workshop and art studio, set up for use $179,000 (4903) year-roun- d A BEAUTIFUL GOLF COURSE CONDO! Extra income available from nightly rentals Fully furnished snd ready to rent New tile m bath Pool, patio, great views A 3 BR2 BA townhome, 2 story $165,000 (4524) REDUCED- - $79,500 4 5 baths Additions to this mobile on SPANISH bedrooms and 1 6 acre have increased the Irving area to 1 .286 aq ft. Property is nicely landscaped, has fruit trees and room for gardens Includes 2 storage sheds Owners are motivated' (4435) PRICE REDUCED TO A GREAT DEAU Walking distance to town 2 bedroom, 1 bath home on Center Street. Basement is partially finished, with one roughed m bathroom and room for 2 more bedrooms' Fenced back yard $109,000 (4304) VALLEY-PRIC- COMMERCIAL OFFICE SPACE FOR RENT - approx 500 sq ft. Frontage visible from Mam Street. $500mo. State Land open space Placer Creek runs through property Excellent water potential Seller finance available $87,500 (4987) BEST DEAL IN KAYENTA HEIGHTSI Two 2 1 acre parcels for the perfect home, with fabulous views Power in street $55.000$58,000. (4974, 4975) MAGNIFICENT LOT on Shafer Lane m Castle Valley 5 acres with the most majestic views of Castleton Spire and red rock cliffs Very buildable terrain $67,500 (4904) a 5 acre lot on Rim WHERE THE LIVIN' IS EASY Shadow Lane m Castle Valley! Red rock views and buildable terrain. Electricity to lot. $58,000 (4763) PRICES REDUCED ON BRIDGES JACK MESA MANY LOTS!! Views to Behind the Rocks, La Sals, the West Desert, and Abajos are truly stunning' Easy access, underground power. Entire subdivision adjoins public land, allowing numerous recreation opportunities Seller financing Remaining lots average 10 acres Prices start at $65,500. (4382-439WITHIN SIGHT & SOUND OF PACK CREEKI This buildable .6 acre lot in Buena Vista has views of the k sandstone fins snd the La Sal Mtns. 254 feet of frontage creates the feel of a five acre lot wo the landscaping hassle Close to the Golf Course. Utilities in. Seller financing available $58,000 (3424) COMMERCIAL LAND IN TOWN 42 acre, less than Flat building one block from Mam Street. Zoned C-terrain Close to bank, drugstore, and fast food establishments An excellent location for your commercial endeavor! $135,000 (3238) NAVAJO RIDGE-MOA- PREMIER SUBDIVISION. 2 to 3 acre home sites Gated community with utilities underground & paved roads Unparalleled views of the best that our ares has to offer (2942-2956- ) Call us for other listings! rlckQmosbrsslty.com RtAin:? Home for the active family, from crowd-siz- e entertaining In the step-dow- n, great room to barbecuing In the large deck patio area to playing in the fenced, land- scaped yard... this home can handle it all! 5BR3BA, 3019 sq ft. living space, 0 59 acre. Garage $230,000 extra paved parking. 4918 Rent now, develop later... Well maintained duplex within walking distance of Oave s Comer Market and downtown shopping Each unit has 2BR1BA, 650- - sq. It., gas fireplace, appliances, and storage shed. Newer carpet. Solid investment for your $$$. $139,000 5011 Updated kitchen & refinished hardwood floors are just a couple of the things you'll enjoy this 3BR2BA home in a well established neighborhood. Large lot, shade trees, covered patio, (plus a great place for a hammock!) make the outside as nice as the inside. $141,000 5058 in Scenic splendor surrounds this 4BR2BA home with a balcony to enjoy the views. If you love the outdoors, you'll also enjoy the rock gardens, many trees, grape arbor, enclosed courtyard, and nice area for a garden. $295,000 3554 On the Toad to Hovenweep... w unlimited potential Invest in your own desert oasis. Includes 318 acres historic Hatch Trading Post. 50 mi. from Cortez, CO. $6,360,000 3205 YOU be the judge... 2 lots totaling over 12 acre with older home & C-- 3 zoning would be the perfect setup for a small boutique or office space. Located between Rim Cyclery and the Microtek $275,000 4545 -- , v j WirSOK iCwwt' y : Your home away from home... High quality cottages are perfect for your 2nd home or d residence. Desert vistas with views thru Wilson Arch! Price ind. lot, cottage, garage, deck, appliances. Lot sizes & floor plans vary. year-roun- jVcA Ctfwttue, to love, wa view that must be expenenced...you can have animals, you can bring your modular, you can build a new home - the choice is yours. One acre for $59,500. 4948 A lot have building lots priced from $40, BOO to $41,970...Chooee 1.10, 1.15, or 1.22 acre sites located in a cut de sac just 10 minutes from the heart of Moab. County spec gravel road in place. Utilities available, including gas. Shared well. 4870 We 1 Want to Own the most awesome views in Moab? Be sure to check out these two parcels located on Sand Flats Road. Each parcel is 14.68 acres and $349,641. 4610, 4811 CM RXftinX) Rick Lamb - a MmS RMty 259-823- Meredith Gauthier Kris Hurtburt- - 800407-732- 2 259-669- 259-113- 5 471 S. Main, Suite 6 Moab, Utah 84532 tt www.reatestatemoab.com 435-259-34- 50 1 Barbara Holcomb |