Want to join the conversation?
$DVN said it agreed to to sell its overriding royalty interest across 11,000 net acres in the northern Midland Basin for $139MM. Current production from this overriding royalty interest is about 1,000 Boe per day. The transaction does not include working interest across 15,000 net acres in Martin County, Texas that is being marketed separately.
Visa ($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.