Want to join the conversation?
$RRC said it has set 2016 capital budget at $495MM, down 45% versus 2015 CapEx. 2016 production is expected to average 1,390-1,420 Mmcfe per day, equating to an 8-10% production growth on a pro forma basis. 1Q16 production is expected to be about 1,350 Mmcfe per day with 30-32% liquids.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?