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 and Exchange Act of 1934.
Date
of Report:
March 16, 2007
(Date
of earliest
event reported)
Rosetta
Resources Inc.
(Exact
name of
registrant as specified in its charter)
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DE
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000-51801
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43-2083519
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|
(State
or
other jurisdiction of incorporation)
|
(Commission
File Number)
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(IRS
Employer
Identification Number)
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717
Texas,
Suite 2800
(Address
of
principal executive offices)
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77002
(Zip
Code)
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7133354000
(Registrant's
telephone number, including area code)
Not
Applicable
(Former
Name or
Former Address, if changed since last report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
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[
] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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[
] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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[
] Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
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[
] Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
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Item
2.02. Results of Operations and Financial
Condition
Rosetta
Resources
Inc. announced today that net income for 2006 was $45 million compared
to net
income of $18 million for the six months of 2005 that Rosetta was a stand-alone
company. Diluted earnings per share for 2006 were $0.88 versus 2005 earnings
per
share of $0.35. In the fourth quarter of 2006, production and net income
were at
their highest levels for the six quarters that Rosetta has been an independent
company. Production was 98 MMcfe/d and net income was $13 million, up 44%
compared to net income of $9 million in the fourth quarter of 2005. Fourth
quarter diluted earnings per share were $0.26 in 2006, up 37% compared
to $0.19
in the fourth quarter of 2005.
Total
revenue for
2006 was $272 million compared to $113 million for the six months of 2005
that
Rosetta was a stand-alone company. Fourth quarter 2006 revenue was $73
million,
up 33% versus fourth quarter 2005 revenue of $55 million. A
copy of Rosetta's press release relating to this event is attached to this
Current Report on Form 8-K as Exhibit 99.1.
Item
9.01. Financial Statements and Exhibits
(a)
Financial statements:
None
(b)
Pro forma financial information:
None
(c)
Shell company transactions:
None
(d)
Exhibits
99.1
Press Release of Rosetta Resources Inc. dated March 16, 2007 “Rosetta Resources
Inc. Announces Record 2006 Financial Results and Provides Operational
Update.”
Signatures
Pursuant
to the
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto
duly
authorized.
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Dated:
March
16, 2007
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ROSETTA RESOURCES INC. | |
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By:
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/s/ Michael J. Rosinski | |
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Michael
J.
Rosinski
Executive
Vice President and Chief Financial
Officer
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Exhibit
Index
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Exhibit
No.
99.1
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Description
Press
Release
of Rosetta Resources Inc. dated March 16,
2007.
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