In 2017, $KBR forecasts that over 70% of its revenue will come from work executed under services and reimbursable-type contracts. The company also expect to be more competitive in its markets after eliminating annualized costs in excess of $200MM over the past two years.
$COG provided 1Q17 net production guidance of 1,780 to 1,820 million cubic feet (Mmcf) per day for natural gas; 10,000 to 10,500 Bbls per day for crude oil and condensate; and 1,200 to 1,250 Bbls per day for NGLs. For 2017, $COG reiterated its production growth forecast of 5-10% and initiated crude oil production growth estimate of 15%.
$FL spent $80MM to repurchase 1.1MM shares during 4Q16 and paid a quarterly dividend of $0.275 per share. For the full year, the company returned $579MM to shareholders, $432MM in share repurchase and $147MM in dividends.