Questar Corporation announced effective on May 10, 2013, the date of the company's annual shareholders meeting, Gary G. Michael retired from his service as a director of the company's board in compliance with the company's corporate guidelines that require director to retire at the annual meeting following when he turns age 72. Mr. Christopher A. Helms was elected to the Board by a vote of the shareholders. Following his election, Mr. Helms was selected by the Board to serve as a member of the Company's Governance and Nominating Committee and Finance and Audit Committee.

Questar Corp. announced that its board of directors approved a 6% increase in the quarterly common stock dividend to 18 cents ($0.18) per share. The dividend, payable on June 10, 2013, to shareholders of record on May 24, 2013, is a 1 cent ($0.01) increase from the previous quarter.

Questar Corporation reported unaudited consolidated earning results for the first quarter and twelve months ended March 31, 2013. For the first quarter, the company reported net income of $72.9 million, or $0.41 per diluted share compared to net income of $75.2 million, or $0.42 per basic and diluted share last year. Adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) for the quarter were up 5% to $183.8 million compared to $175.2 million in the year-ago period. Total revenues were $476.9 million compared to $425.7 million last year. Operating income was $131.4 million compared to $130.9 million last year. Income before income taxes was $120.8 million compared to $118.5 million last year. Net cash provided by operating activities was $206.0 million compared to $220.7 million last year. Property, plant and equipment were $84.0 million compared to $104.2 last year. For the twelve months, the company reported net income of $209.7 million, or $1.19 per diluted share compared to net income of $213.2 million, or $1.19 per basic and diluted share last year. Total revenues were $1,150.1 million compared to $1,150.1 million last year. Operating income was $376.2 million compared to $375.0 million last year. Income before income taxes was $330.8 million compared to $332.2 million last year. Return on average common equity (ROE) was 19.4% for the twelve months ended March 31, 2013, compared to 19.6% for the same period in 2012. This superior return is supported by Wexpro, which provided an ROE of 20.5%. The company maintained its 2013 guidance range for earnings of $1.12 to $1.20 per diluted share, unchanged from previously provided guidance. Consolidated capital investment for 2013 is expected to be about $450 million.