UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 2, 1998
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EQUITABLE RESOURCES, INC.
(Exact name of registrant as specified in its charter)
PENNSYLVANIA 1-3551 25-0464690
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
420 Boulevard of the Allies, Pittsburgh, Pennsylvania 15219
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (412) 261-3000
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NONE
(Former name or former address, if changed since last report)
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Item 5. Other Events
A jury verdict was rendered on May 29, 1998, in the 160th District Court, Dallas
County, Texas, in the case of U.S. Gas Transportation, Inc. against the former
Equitable Resources Marketing Company (ERMC), a subsidiary of the registrant,
Equitable Resources, Inc. (ERI). The dispute involves an alleged 1996 gas supply
arrangement. The judge, in the near future, will determine what part, if any, of
the verdict to incorporate in a judgment. ERI believes the verdict, in the
amount of $4.4 million, is not supported by the law or the evidence presented
during the trial and intends to move for a judgment in its favor. Management
believes the ultimate disposition of the matter will not have
a material impact on financial statements.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereto duly authorized.
EQUITABLE RESOURCES, INC.
(Registrant)
By /s/ Johanna G. O'Loughlin
Johanna G. O'Loughlin
Vice President and General Counsel
June 2, 1998
