EOG Resources (EOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors may monitor upstream companies like EOG Resources, ConocoPhillips and Occidental as oil prices rise & borrowing costs fall.
It would be wise to focus on EOG & FANG stocks, as the crude price is favorable despite BKR's weekly rig count report stating that the tally is declining.
It would be wise to focus on EOG & FANG stocks as the crude price is favorable despite BKR's weekly rig count report stating that the tally is declining.
Technical analysis patterns form on charts because of investor and trader psychology. This is why the same patterns appear on the charts of different securities.
Favorable oil prices are aiding EOG. However, being engaged in upstream business, the company is highly exposed to extreme volatility in oil prices.
Doug Butler, Rockland Trust SVP and director of research, joins 'Power Lunch' to discuss Butler's thoughts on three stocks: Pepsi, Nextera Energy, and EOG Resources.
It would be wise to keep an eye on EOG and MTDR stocks as crude prices are favorable, and BKR's weekly rig count report indicates that the tally is increasing.
After a flat growth year-to-date, at the current price of around $118 per share, we believe EOG Resources (NYSE: EOG), an energy company engaging in the exploration, development, production, and marketing of crude oil and natural gas, looks fairly priced at this point. The company has a capital-intensive business model which is simultaneously highly cyclical.
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EOG plans to ramp up activity in Ohio's Utica shale play, doubling operations and positioning it as a key growth area for the company.
EOG Resources, Inc. (NYSE:EOG ) Barclays CEO Energy-Power Conference September 3, 2024 3:35 PM ET Company Participants Jeffrey Leitzell - Executive VP & COO Unidentified Company Representative All right. We'll move on to the next company, the EMP track.