$COG provided 1Q17 net production guidance of 1,780 to 1,820 million cubic feet (Mmcf) per day for natural gas; 10,000 to 10,500 Bbls per day for crude oil and condensate; and 1,200 to 1,250 Bbls per day for NGLs. For 2017, $COG reiterated its production growth forecast of 5-10% and initiated crude oil production growth estimate of 15%.
$FL spent $80MM to repurchase 1.1MM shares during 4Q16 and paid a quarterly dividend of $0.275 per share. For the full year, the company returned $579MM to shareholders, $432MM in share repurchase and $147MM in dividends.
$KBR reported a net loss for 4Q16, hurt by a decline in gross profit and a reduction in the percentage of completion estimated on an LNG project JV in Australia. $KBR reported a net loss attributable to the company of $87MM or $0.61 loss per share vs. a net income of $42MM or $0.29 per diluted share a year ago. Revenue rose 10.8% to $1.19Bil.