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$XOM said it added 1Bil oil-equivalent barrels of proved oil and gas reserves in 2015, replacing 67% of production, including 219% replacement ratio for crude oil and other liquids. At year-end 2015, $XOM's proved reserves totaled 24.8Bil oil-equivalent barrels. Liquids represented 59% of proved reserves, up from 54% in 2014.
Visa ($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.