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home / news releases / EOG - Apache Has Gas (And So Too Its Investors)


EOG - Apache Has Gas (And So Too Its Investors)

Despite all the hoopla at the time, I warned investors back in June of 2018 that Apache Corp's (APA) Alpine High discovery had a low oil split and was primarily gas. Gas was already in relatively high-supply due to Marcellus gas production combined with associated gas production from shale oil producers in states like Texas and Oklahoma (see Is The Alpine High Field All Wet?). I reiterated that view last November after Apache's earnings report clearly demonstrated its gas production was a problem (See Apache Is Gassed). As a result of what

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Stock Information

Company Name: EOG Resources Inc.
Stock Symbol: EOG
Market: NYSE
Website: eogresources.com

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