Want to join the conversation?
Petroleum and oil & gas E&P company $XEC said that its 2Q16 total company production was 974 MMcfe/day, which exceeded the high end of the guidance. Gas production was up, while oil production was down slightly. This decline in oil was due to fewer well completions in the Permian Basin as a result of timing of infill & spacing project completions.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?