NEWS

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The Pure Fracking play Keane Group $FRAC reported mixed second quarter earnings after the market close Monday. $FRAC was the first IPO of 2017 and it's footprint is in the Permian Basin, Marcellus Shale/Utica Shale, the SCOOP/STACK Formation and the Bakken Formation.

US pending home sales from the National Association of Realtors in June show the first gain in four months. With the stock market at all time highs and in some regions home prices at new highs home sale volumes have concerned many. 

Shale play Devon Energy $DVN who is reporting second quarter earnings after the market close Tuesday announced they are selling Eagle Ford Assets in Lavaca County, Texas to Penn Virginia for $205 Million.

Deep Sea Driller Diamond Offshore Drilling $DO swung to profit in the second quarter 2017 on Monday buoyed by Ultra-Deepwater contracts. $DO is up 5% on the earnings. 

Consumer electronics giant Apple $AAPL reports fiscal Q3 results on Tuesday after the market close. Investors however are focused forward to the company's 10th-anniversary iPhone 8 due out this fall. How much will DRAM and NAND prices affect margins?

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