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$PXD said that commodity prices were down in 4Q15; oil was down 11% to $37.92 and NGLs was down 2% to $12.16 per barrel. Looking forward, the company is hedged 85% in 2016 and 70% in cash. Production cost for the quarter fell 5% sequentially. $PXD also said that at 4Q15-end the company had net debt of $2.3Bil.
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.