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$CHK 2Q15 Call: Net recoverable resources were 2Bil boe in Powder River Basin. Eagle Ford YTD well costs were down 12% from 2Q14 averaged to $5.2MM per boe. Cycle time improved 8% from 2Q14. Volumes were down QoverQ by 7% to 105,000 boe per day. Eagle Ford production was 127,000 boe per day in July, a record high.
Visa ($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.