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$CVX said its Future Growth and Wellhead Pressure Management Project is currently estimated to cost $36.8Bil, which includes $27.1Bil for facilities, $3.5Bil for wells and $6.2Bil for contingency and escalation. The project will raise Tengizchevroil's total production to approx. 1MM barrels of oil equivalent per day. First oil is planned for 2022.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.
It is official, with $T buying $TWX, it looks like distributors want to own the content production too. Expect some good competition between Netflix ($NFLX), AT&T, Comcast ($CMCSA) and others. However, will this be good for the consumers will not be decided soon.
$NFLX a monster move, going up. Expect making some money on Monday.