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$NFX expects to enter 2016 with ample capacity under its $1.8Bil credit facility. This is an investment-grade facility with no redetermination concerns & its term was extended earlier in 2015 out to 2020. $NFX estimates that its maintenance capital funding level is around $900MM. At today's strip prices 2016 hedges should add about $260MM in sales.
$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?