(PSE, HON, ELN) Stock Report from DrStockPick.com
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Pioneer Southwest Energy Partners L.P. (NYSE:PSE) announced financial and operating results for the quarter ended December 31, 2011. Pioneer Southwest reported a fourth quarter net loss of $7 million, or $0.21 per common unit. The net loss included unrealized mark-to-market derivative losses of $33 million, or $0.98 per common unit. Without the effect of this item, adjusted income for the fourth quarter was $26 million, or $0.77 per common unit. Cash flow from operations for the fourth quarter was $28 million.Oil and gas sales for the fourth quarter averaged 6,995 barrels oil equivalent per day (BOEPD), a decrease of 6% compared to the third quarter of 2011. Third quarter production benefited from an inventory draw of 175 BOEPD related to the addition of oil transport trucks to cover a second quarter transport truck shortage. Fourth quarter production reflects new wells being placed on production towards the latter part of the quarter and weather-related downtime, including a lightning strike at a large tank battery. Without these items, production would have been similar to the third quarter.
Pioneer Southwest Energy Partners L.P., together with its subsidiaries, owns and acquires oil and gas assets in the United States.
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Honeywell International Inc. (NYSE:HON) announced that David J. Anderson, Senior Vice President and Chief Financial Officer, will be presenting at the Barclays Capital Industrial Select Conference in Miami Beach, Florida on Thursday, February 23, 2012 from 2:10 p.m. - 2:55 p.m. EST. A real-time audio Webcast of the presentation and related presentation materials will be posted to http://www.honeywell.com/investor prior to the presentation. The presentation materials will be in Adobe Acrobat format. A replay of the Webcast will be available following the presentation at the same link listed above for 30 days.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide.
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Elan Corporation, plc (NYSE:ELN) announced that it will present at the Leerink Swann 2012 Global Healthcare Conference on Wednesday February 15, 2012 at 2.00 p.m. Eastern Standard Time and 7.00 p.m. Greenwich Mean Time. Interested parties may access a live audio webcast of the presentation by visiting the Investor Relations section of the Elan website at http://www.elan.com, then clicking on the event icon. Following the live webcast, an archived version of the presentation will be available at the same URL.
Elan Corporation, plc operates as a neuroscience-based biotechnology company primarily in Ireland and the United States.
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Tags: Elan, ELN, HON, Honeywell International, NYSE:ELN, NYSE:HON, NYSE:PSE, Pioneer Southwest, PSE, Stock Report
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