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$COP's production for 2Q16 was 1,546 thousand barrels of oil equivalent per day (MBOED), a decrease of 49 MBOED from a year ago, due to normal field decline, dispositions, planned downtime and the impact of wildfires in Canada. Total realized price was $27.79 per BOE, down from $39.06 per BOE in 2Q15, on lower prices across all commodities.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.