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To: Think4Yourself who wrote (64498)4/13/2000 1:21:00 PM
From: Think4Yourself  Respond to of 95453
 
Speaking of record earnings, here is one of the first EnP's reporting. It is definitely going to be the trend.

biz.yahoo.com

Vastar Achieves Third Consecutive Quarterly Income Record as First-Quarter Earnings Rise 307 Percent to $77.4 Million
HOUSTON, April 13 /PRNewswire/ -- Vastar Resources, Inc. (NYSE: VRI - news) today reported first-quarter 2000 net income of $77.4 million ($0.78 per diluted share), the company's third consecutive quarterly record and a 307 percent increase from the $19.0 million ($0.19 per diluted share) in income reported during the first quarter of 1999. The increase was primarily attributable to improved commodity prices.

Discretionary cash flow during the quarter increased 73 percent to $266.1 million from $153.6 million in last year's first quarter.

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