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$DVN said it agreed to sell its assets in the southern Midland Basin for $423MM. Current production from these assets is about 22,000 Boe per day, of which 33% was oil. At Dec. 31, 2015, proved reserves associated with these properties totaled 43MM Boe. Field-level cash flow accompanying these assets amounted to $13MM in 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.