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Morgan Stanley analyst Drew Venker questions about the Upper Wolfcamp pilot in Culberson County. $XEC says that it is just now flowing back, so it's very early to tell. The company has high expectations for this pilot. The flow pack of the wells are just now cleaning up. So operationally, everything was fine from a frac standpoint as per $XEC.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?