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Oil and gas company $EOG reported a wider 1Q16 loss due to a drop in operating revenues as well as lower commodity prices. Net loss widened to $471.8MM or $0.86 per share from $169.7MM or $0.31 per share last year. Operating revenues dropped to $1.35Bil from $2.32Bil. Adjusted loss per share was $0.83 compared to EPS of $0.03 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.