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During 2Q16, $XEC saw a nice boost in its Permian production with the addition of a second frac crude in May. The volume for Permian Basin came in at 509MM a day, up 7% vs. 1Q16. The Mid-Continent volume averaged 463MM a day, up 11% vs. 2Q15. With only 5 new wells coming online in 2Q16, Mid-Continent volumes fell 30MM a day vs. 1Q16.
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.