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$DO 2Q15 Q&A: McCann of JPMorgan asked about performance of new build in Gulf of Mexico. Marc replied that BlackRhino started work in 2Q15. Straight out of the traps, Rhino delivered first well by bringing it in $25MM below the AFE and 30 days faster than planned. There seems to have any issues, came out of the traps and efficiency is pretty good.
Visa ($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.