Pioneer Southwest Energy Partners L.P. (NYSE:PSE) announced financial and operating results for the quarter ended December 31, 2010. Net income for the fourth quarter was $5 million, or $0.14 per common unit.
Pioneer Southwest Energy Partners L.P. engages in the ownership and acquisition of oil and natural gas properties in the United States. The company was founded in 2007 and is based in Irving, Texas. Pioneer Southwest Energy Partners L.P. is a subsidiary of Pioneer Natural Resources USA, Inc.
National Health Partners, Inc. (OTC:NHPR)
The up and down, rise and fall in gasoline and diesel prices over the last few of years shows the changes in the cost of crude oil. Those changes are decided in the global crude oil market by the worldwide need for and supply of crude oil. Weak economic conditions in the U.S. and all over the world in 2008 and into 2009 led to a weaker demand which helped knock prices down. Now, with the worldwide economic recovery, demand is rising again and is helping to catapult prices higher.
In addition to economic advancement, crude and product prices relate to a plethora of other factors including weather events, geopolitical risks, inventories, exchange rates, and spare capacity.
“I am thrilled to announce that we have finally achieved profitability,” stated David M. Daniels, President and Chief Executive Officer of NHPR. “Due to the fact that our limited medical provider unexpectedly decided to exit the marketplace, we were unable to add any new CARExpress Plus limited medical sales during the 3rd quarter. Yet, despite this temporary setback, we were still able to substantially increase our revenue and reach profitability which is a testament to the underlying strength we have with our core CARExpress health discount programs. Although we achieved positive results in revenues and earnings, we anticipate much better results going forward into 2011.”
National Health Partners, Inc. is a leading national healthcare savings organization that provides unique discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress."
To learn more about NHPR visit: http://www.nationalhealthpartners.com
NewMarket Corp. (NYSE:NEU) announced that President and Chief Executive Officer, Thomas E. Gottwald, released the earnings report of the Company’s operations for the year and fourth quarter 2010.
NewMarket Corporation, through its subsidiaries, engages in the petroleum additives and real estate development businesses. The company was founded in 1887 and is headquartered in Richmond, Virginia.
Evcarco, Inc. (OTC:EVCA)
EVCARCO Inc. recently announced that EVCA has signed a three year executive agreement with Mr. Mack Sanders, who was recently appointed CEO by EVCA's board of directors. Mr. Sanders will be mainly responsible for EVCA's roll out of its retail franchise model throughout the United States for its environmentally friendly vehicle product line as well as overseeing the day to day operations of EVCA.
Mr. Sanders comes to EVCA with a strong background in the retail and wholesale automotive industry working in retail locations for Lincoln Mercury, Oldsmobile, and Mercedes. Mr. Sanders started his professional career in 1982 working as a retail sales professional for Pioneer Lincoln Mercury in Lubbock, Texas for their pre-owned vehicle division. Mr. Sanders played a key role in the 1980s in helping develop and maintain the pre-owned vehicle retail locations for Giles Volvo in Houston, Texas. After moving back to Dallas in 1990, Mr. Sanders entered the dealer to dealer automotive wholesale business permanently, working for over 15 years with David Jurecki where to this day, Mr. Sanders has cultivated long standing accounts with automotive franchise owners throughout the country.
"I am excited to join EVCARCO and bring my knowledge and expertise in the retail and wholesale operations, inventory management and new car franchise business, which will enable EVCARCO to build its own franchise brand for environmentally friendly dealerships," stated Mack Sanders, CEO of EVCA.
"Mack Sanders brings a strong history of automotive expertise to our management team, which will enable us to quickly achieve key milestones in 2011," stated Nikolay Frolov, Chief Financial Officer and Director of EVCA.
EVCARCO, Inc. is an automotive retail group dedicated to deploying a franchised coast-to-coast network of environmentally friendly dealerships and vehicles.
To learn more about EVCA visit: http://www.evcarco.com
Chesapeake Energy Corporation (NYSE:CHK) announced that it has priced its previously announced public offering of $1.0 billion principal amount of Senior Notes due 2021. The notes were priced at par and carry an interest rate of 6.125% per annum.
Chesapeake Energy Corporation is the second-largest producer of natural gas and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company's operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S.
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