Copano increases revenue for first quarter

US natural gas company Copano Energy has reported that its revenue for the first quarter of 2010 increased 33 per cent to $266.7m (£180.2m) compared to $201.1m for the first quarter of 2009.

Total segment gross margin was $51.1m for the first quarter of 2010 compared to $51.8m for the same period a year ago.

Adjusted EBITDA for the first quarter of 2010 decreased 12 per cent to $35.7m compared to $40.6m for the first quarter of 2009.