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$PXD expects 4Q15 production to average 206,000-211,000 barrels oil equivalent per day, with production averaging $11-13 per BOE. DD&A expense is expected to average $18.5-20.5 per BOE, and total exploration and abandonment expense is expected to be $25-35MM in 4Q15.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.