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$CHK 2Q15 Call: LOE and G&A costs were $5.40 per BOE, down approx. 8% YoverY. 7.9 days of record spud to rig release achieved in Marcellus. Current differentials between in-basin and out-of-basin is about $1.30 or half of the gas price. CHK has 300,000 net acres in dry gas window and little more than half were concentrated in development fairway.
$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?