EOG - EOG Resources Will Sail Through This Tough Period

Oil prices have come under pressure again but EOG Resources (EOG) can stand firm in this difficult period. The company is a low-cost operator that can generate free cash flows in a weak oil price environment. Although the Houston, Texas-based oil producer’s earnings and cash flows will come under pressure if crude prices decline, it can withstand a tough period thanks to a rock-solid balance sheet.

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The oil prices have come under pressure recently as markets worry about signs of weak demand. The US benchmark WTI crude, which has

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