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$NBL 2Q15 Call: Well costs are trending under our target for the year. 2H15 oil and well cost, including drilling, completion and allocated facility are expected to $3.5MM in Wells Ranch and $3.9MM in East Pony. These are both $300,000 below our budget assumptions. For rest of the year we expect to drill a 240 equivalent wells in 2015.
Visa ($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.