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$NFX's domestic revenues during 1Q16 were $68MM lower than 1Q15. The lower revenues were attributable to a 34% decrease in the avg. revenue per BOE compared to 1Q15. $NFX increased its domestic liquids production by 15% and gas production by 20%. Revenues from China of $49MM for 1Q16 were 7% higher than 1Q15.
Visa ($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.