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Arun Jayaram of JPMorgan asks whether the EOR process was successful on all the wells. EVP Billy Helms said all of $EOG's pilot tests were successful. The company started the project with some laboratory experiments and rolled it out to a single-well pilot. $EOG then started with more multi-well pilots and each one of those was successful.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?