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$SM said it agreed to buy 24,783 net acres in Howard County, West Texas, expanding its Midland Basin footprint to about 46,750 net acres, for $980MM from Rock Oil Holdings. The acquired acreage position is largely contiguous and includes about 4,900 Boe per day net production and 6 MMBoe of proved developed producing reserves.
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.