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$ESV reported depreciation expense of $150MM and G&A expense of $30MM in 4Q15. At Dec. 31, company had $1.3Bil of cash and short-term investments and $2.25Bil available in its revolving credit facility. $ESV had a contracted revenue backlog of $5.8Bil at Dec. 31, excluding bonus opportunities and ENSCO DS-5.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.