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$SM said it agreed to buy 24,783 net acres in Howard County, West Texas from Rock Oil Holdings for $980MM. The transaction is expected to close on Oct. 4, 2016, with an effective date of Sept. 1, 2016. $SM sees running 1 rig in area in 4Q16 and 2 rigs throughout 2017. $SM lifted its total capital spending estimate for 2016 by about $15-20MM.
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.