Market Update: Honeywell International Inc (NYSE:HON) – Honeywell UOP XCeed™ Technology To Help HollyFrontier Meet Stricter Wastewater Regulations

[PR Newswire] – DES PLAINES, Ill., Jan. 13, 2016 /PRNewswire/ — Honeywell (HON) announced today that industrial wastewater technology from Honeywell UOP will help a Wyoming refinery remove contaminants from its wastewater to meet new environmental requirements. HollyFrontier Cheyenne Refining LLC has selected Honeywell UOP’s XCeed™ bioreactor technology to remove selenium from wastewater at its 52,000 barrel-per-day refinery in Cheyenne, Wyo. The high-performance unit will process approximately 1 million gallons per day of wastewater when it goes online this year. “Honeywell UOP’s XCeed bioreactor technology was selected above other technologies after a successful field demonstration for selenium removal,” said Jim Stump, senior vice president of refining for HollyFrontier. Read more on this. Honeywell International Inc. (HON) , with a current value of $76.28B, opened this morning at $99.77. Today’s price range has been between $98.78 and $99.84 per share with a one year range of $87.00 to $107.41. HON shares are currently priced at 16.26x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.27x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.38 per share annually in dividends, yielding 2.42%. In a review of the consensus earnings estimate this quarter, 18 sell-side analysts are looking at $1.59 per share, which would be $0.16 better than the year-ago quarter and a $0.05 sequential decrease. The full-year EPS estimate is $6.10 which would be a $0.54 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.99 Billion. If realized, that would be a 2.73% decrease over the year-ago quarter. More recently, UBS Initiated HON at Neutral (Jan 22, 2015). Previously, Stifel Nicolaus Initiated HON at to Buy. The average price target for HON shares by the analysts covering the stock is $114.90, which is 15.16% above where the stock opened this morning. See more in (NYSE:HON) Similar Articles: Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell Technology Helping Chinese Company Tap Crude Oil Alternatives To Meet Growing Demand For Plastics Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell UOP Technology To Power New, Energy-Efficient Petrochemical Complex In China Stock Update: Honeywell International Inc (NYSE:HON) – Breakthrough Technology From Honeywell UOP Helping China Meet Growing Demand For Plastics
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.