QEP Resources reveals rise in earnings

Gas-exploration company QEP Resources has announced that second-quarter 2010 continuing EBITDA was $276m (£178m), compared with $272.2m a year earlier, representing a one per cent increase. 

Net income from continuing operations increased 53 per cent to $68.8m, or $0.39 per diluted share, compared with $44.9m, or $0.26 per diluted share, for the second quarter of 2009.