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During 3Q16, $SWN plans to add one to two rigs per month across the country, demonstrating the speed and agility with which it can adjust its activity. Well costs will also benefit from this vertical integration as the industry increases activity over time in response to improved commodity prices.
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.