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In Eagle Ford $CHK continues to optimize its drilling schedule with longer laterals, moving from an average lateral length of 6,500 feet in 2015 to 9,300 feet in 2Q16. $CHK has slashed its cost to drill and complete an Eagle Ford well by more than 50% on a cost per foot basis. Total well cost for wells completed in 2Q16 averaged just under $4MM.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.