Want to join the conversation?
During 3Q15, commodity prices impacted $XEC's financial results. Realized oil prices averaged $41.89 per barrel, down 52%; natural gas prices were down 35% & averaged $2.68 per Mcf compared to $4.10 per Mcf; NGL prices averaged $12.19 per barrel, down 64% compared to a year-ago period.
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.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.