El Paso Corp. (EP) said that it expects fiscal 2010 net income attributable to common stockholders to be in the range of $0.4 billion - $0.5 billion or $0.53 - $0.73 per share. Adjusted net income attributable to common stockholders is expected to be in the range of $0.6 billion - $0.7 billion or $0.75 - $0.95 per share. Analysts polled by Thomson Reuters expect the company to report earnings of $0.88 per share for fiscal 2010. Analysts' estimates typically exclude special items.
El Paso's Pipeline Group is targeting 2010 adjusted EBITDA of approximately $2.0 billion to $2.1 billion, with a $2.9 billion capital budget. El Paso Exploration & Production expects to spend approximately $1.1 billion in 2010, with $0.9 billion allocated to domestic programs.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.