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$XEC said it expects 2016 exploration & development capital of about $600-650MM, down 29% from 2015 levels at the midpoint. An additional $50MM is earmarked for midstream and other investments. The capital program is expected to be funded with cash flow from operating activities and a portion of the $779MM of cash on hand at December 31, it said.
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.