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For 3Q16, $CXO expects production to average 144-148 thousand Boe per day (MBoepd). For 2016, $CXO lifted production growth outlook to 0-2% from prior range of 0%. $CXO lowered its forecast for lease operating expense and workover costs per Boe for 2016 to $6.50-7.00 from $7.25-7.75 and for cash G&A per Boe to $3.00-3.30 from $3.10-3.50.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?