$COP said Capex for 1H16 was $3Bil and after dividend payments of $600MM and other small items, the company ended June with $4.2Bil in cash and short-term investments. In the Lower 48, production in 2Q16 was 503,000 barrels per day. The unconventionals produced 262,000 barrels per day, down 4% from 2Q15.
$FTR reorganized its business structure with the creation of new consumer and commercial business. The company said that the previous structures were more regionally focused and it had seven regions structure before the reorganization.
$PCLN believes that over the next decade China will continue to be
one of the largest opportunities for travel growth in terms of increasing market
share for the company. $PCLN also sees opportunities to increase domestic market
share in the US.
$PRGO said that in the Consumer Healthcare business, it has been seeing certain pricing pressure. Therefore, across categories $PRGO competes in, it has competitive pricing. The company expects pricing pressure to continue in different segments going forward. But given the growth in new products, $PRGO expects to overcome the pricing challenges.