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$MUR still expects 2016 capital expenditure of $620MM, excluding $207MM of acquisition costs for the Kaybob Duvernay and Placid Montney JV. Production for 3Q16 is expected to be 167,500-169,500 boepd and full-year 2016 is predicted to be 173,000-177,000 boepd, reflecting changes due to asset sales and purchases.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.