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$RRC said that gas pricing remained a challenge during 2Q16 and it expects natural gas production in the U.S. to continue to decline for the remainder of 2016. In 2Q16, production came in at 1.421 Bcfe per day. For 3Q16, production is expected to be 1.43 Bcfe per day. Annual guidance remains at the high end of 1.41-1.42 Bcfe per day.
$AAL is getting stronger into Dec. after a strong Nov..!! I’m feeling confident about their 4Q revenue forecast for a margin rise.
$KO’s CEO Muhtar Kent to step down next year. COO James Quincey will take the helm in what is already a smooth sailing scenario. And as always, shares reflect by growing 2% after the market opened.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.