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$RRC's total proved reserves decreased 4% in 2015. On pro forma basis, adjusted for sale of its Virginia and West Virginia assets, its proved reserves grew by 6% in 2015, despite reduced capital budget in 2015. This achievement is result of continued drilling success, as all production and reserve growth came from drilling program.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.