- produced 16.5 million barrels of equivalent, up 23% from the prior year period and exceeded plan
- realized $337 million adjusted EBITDAX and $0.49 per diluted common share adjusted net income, driven by well performance and lower costs
- encouraged by preliminary results from a 14-well Eagle Ford down-spacing test
- demonstrated performance from 9 Bakken test wells in Divide County that are exceeding type curve
- maintained 1.7 times debt to adjusted TTM EBITDAX
I can't find my photo now, but SM Energy is building (has probably completed) its new operations center north of Williston. It's another huge building in the Williston area, and strikingly modern in appearance.
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Of all the tech companies right now, the one that is most interesting to me right now is ATT. It appears the deal to buy DirecTV will go through, and now ATT announces that it will activate the FM chip in all android phones next year. Link here:
Smartphones have a lot of radios inside to provide all of the services we expect. Most of them have a radio that is turned off by the handset maker, likely for business and cost reasons. The FM radio for getting local music, news, and emergency information is not activated.
That will change next year for AT&T customers as the carrier will make active FM radio chips a specification for all Android smartphones it sells.
That will put the pressure on Android handset makers to turn the FM radios on if they want to sell on AT&T.This is not an investment site. Do not make any investment decisions based on anything you read here or think you may have read here.
ATT shares trade near their 52-week high, have been trading in a range for quite some time, and the shares continue to pay 5.5%.
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