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$HES said that 2Q16 Bakken net production averaged 106,000 BOE per day vs. 119,000 BOE per day in 2Q15, reflecting the reduced drilling program. The company has reduced drilling & completion costs 14% from 2Q15 to an average of $4.8MM per well, even as it shifted from 35 to 50-stage wells. This is an uplift of 15-20% in initial production rates.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!