SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OF 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 25, 1995
TRANSCO ENERGY COMPANY
(Exact Name of Registrant as Specified in Charter)
Delaware 1-7513 74-1758039
(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
2800 Post Oak Boulevard, Houston, Texas 77056
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (713) 439-2000
<PAGE>
Item 5. Other Events.
On April 25, 1995, Transco Energy Company issued a press release in
which it published certain quarterly financial information for the fiscal
quarter ended March 31, 1995.
Item 7. Exhibits.
(c)
1. Press release of Registrant dated April 25, 1995.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has caused this report to be signed on its behalf by the undersigned
hereto duly authorized.
TRANSCO ENERGY COMPANY
(Registrant)
By: /s/ Nick A. Bacile
_______________________________________
Nick A. Bacile
Vice President and Controller
(Principal Accounting Officer)
Dated: April 25, 1995<PAGE>
EXHIBIT INDEX
Exhibit Description Page
1. Press release of Registrant dated as of
April 25, 1995
<PAGE>
Media Inquiries:Katherine K. Putnam
(713) 439-2455
Analyst Inquiries: Molly E. Ladd
(713) 439-2592
TRANSCO REPORTS FIRST QUARTER RESULTS
1995 EPS $0.01 VS. $0.58 IN 1994
HOUSTON (April 26, 1995) -- Transco Energy Company (NYSE:E) reported
unaudited net income of $0.6 million, or $0.01 per share, for the first quarter
of 1995, compared with net income of $23.8 million, or $0.58 per share, for the
first quarter of 1994. The 1995 results include net after-tax charges totaling
$27.0 million, or $0.66 per share, primarily to provide for severance and
termination benefits and the amortization of the purchase price related to the
merger with a subsidiary of The Williams Companies (NYSE:WMB). Excluding the
after-tax charges, Transco reported net income for the first quarter of 1995 of
$27.6 million, or $0.67 per share.
Williams completed a tender offer on Jan. 17 for 60 percent of Transco's
common stock. A stock merger will follow with Transco becoming a subsidiary of
The Williams Companies. The merger is scheduled to be effective May 1.
This news release is issued in compliance with New York Stock Exchange
regulations. Transco's financial results from Jan. 18 through the end of the
first quarter are included in Williams' first quarter consolidated earnings,
which were released April 24.
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