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$KMI reported a $387MM non-cash impairment in 3Q15 on its Goldsmith field in the CO2 segment. $KMI expects to end the year with approx. $300MM in excess coverage. $KMI expects Natural Gas to end the year slightly above budget, CO2 15% below budget, Terminals about 6% below budget, Products and KMC slightly below budget.
Visa ($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.