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$DVN said it agreed to to sell its overriding royalty interest across 11,000 net acres in the northern Midland Basin for $139MM. Current production from this overriding royalty interest is about 1,000 Boe per day. The transaction does not include working interest across 15,000 net acres in Martin County, Texas that is being marketed separately.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?