Range Resources Corporation (NYSE:RRC) announced its second quarter 2011 results. The favorable second quarter results were driven by higher production volumes, higher realized prices and lower unit costs. Reported GAAP net income for second quarter 2011 totaled $51.3 million ($0.32 per diluted share), up from $9.1 million ($0.06 per diluted share) for the prior year quarter. Net cash provided from operating activities including changes in working capital totaled $173.0 million for the second quarter versus $107.6 million for the prior year quarter.
Range Resources Corporation, an independent natural gas company, engages in the acquisition, exploration, and development of natural gas properties primarily in the Appalachian and southwestern regions of the United States.
National Health Partners, Inc. (OTC:NHPR)
National Health Partners, Inc. is headquartered in Horsham, Pennsylvania. National Health Partners, Inc. currently offers five standard CARExpress membership programs that provide benefits that range from prescription drug and vision care to comprehensive physician, hospital, vision, dental and other care. National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage.
As health care costs increase, it becomes increasingly difficult for families and businesses to purchase coverage because the price of coverage (the premium) typically increases. Employers, as purchasers of insurance, may also decide to increase the amount covered workers must pay to visit the doctor or go to the hospital, which can put pressure on family budgets when family members become ill. Further, when employers face increasing costs of coverage, they may reduce wages or limit wage increases to offset these increases.
National Health Partners, Inc. (OTC:NHPR), a leading provider of unique discount healthcare membership programs, announced that it has entered into agreement with a major Hispanic marketing group for the sale of its CARExpress programs. The company also sees growth in new sales of memberships of more than 300% thru the remainder of the year.
Under the new agreement, this national Hispanic marketing group will be promoting the company's CARExpress discount healthcare membership program to Hispanic communities located across the United States, with particular focus on cities and regions containing a large number of Hispanics. With the previously announced plans to increase monthly sales by 75% with its newest and most successful marketing partner, the company now expects sales of new members to grow more than 300% thru the remainder of the year.
For more information about National Health Partners, Inc. please visit their website: www.nationalhealthpartners.com.
LSB Industries Inc. (NYSE:LXU) announced that it will release its financial results for the 2011 second quarter ended June 30, 2011 on Monday, August 8, 2011, after the close of the stock market. LSB's management will host a conference call on Monday, August 8, 2011, at 5:15 pm EDT/4:15 pm CDT to discuss these results and recent corporate developments.
LSB Industries, Inc., through its subsidiaries, engages in the manufacture and sale of geothermal and water source heat pumps, air handling products, and chemical products. The company operates in two segments, Climate Control and Chemical.
Natural Resource Partners LP (NYSE:NRP) announced that the Board of Directors of its general partner has declared a second quarter 2011 distribution of $0.54 per unit for NRP. The distribution will be paid on August 12, 2011 to unitholders of record on August 5, 2011.
Natural Resource Partners L.P., through its subsidiaries, engages in the ownership and management of coal properties in Appalachia, the Illinois Basin, and the Northern Powder River Basin regions of the United States.
Alpha Natural Resources, Inc. (NYSE:ANR), a leading U.S. coal producer, plans to report its second quarter 2011 results before the market opens on Thursday, August 4, 2011. A conference call to review the second quarter results, merger integration progress and combined company guidance is scheduled to follow at 10:00 a.m. EDT that morning.
Alpha Natural Resources is one of America's premier coal suppliers with coal production capacity of greater than 120 million tons a year.
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