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$DVN said it agreed to sell its assets in the southern Midland Basin for $423MM. Current production from these assets is about 22,000 Boe per day, of which 33% was oil. At Dec. 31, 2015, proved reserves associated with these properties totaled 43MM Boe. Field-level cash flow accompanying these assets amounted to $13MM in 1Q16.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.