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For 2Q16, $OXY's average worldwide NGL prices were $14.59 per barrel, down 19% from 2Q15. The company's average domestic natural gas prices were $1.46 per MCF, also down 30% vs. 2Q15. The improvement seen in oil and gas results reflected significantly lower commodity prices on a YoverY basis.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.