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$XEC invested $184MM in exploration & development during 3Q15, which was primarily funded with cash flow from operations, bringing the total for the first nine months of 2015 to $683MM. YTD, 60% has been invested in the Permian Basin and 40% in the Mid-Continent.
Visa ($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.