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Oil and gas company $EOG reported a 2Q16 net loss of $292.6MM or $0.53 per share compared to a profit of $5.3MM or $0.01 per share last year, due to a drop in operating revenues as well as lower commodity prices. Operating revenues dropped to $1.78Bil from $2.47Bil. Adjusted loss per share was $0.38 compared to EPS of $0.28 a year ago.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.