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EOG - SilverBow Resources Challenged By Sector Downdrift
EOG Resources Inc.
SilverBow Resources (SBOW) is an Eagle Ford (south Texas) natural gas company that has not been successful countering headwinds of gas oversupply, especially the large volumes of oil-associated gas from the Permian.
Upstream investors may want to consider other, stronger producers in the Eagle Ford, Permian, or Appalachian basins.
Speculative and ultra-short-term investors may see brief stock uplifts for gas producers during the winter heating season and/or for those not in the paths of summer Gulf Coast storms.
As an example of the latter, tropical storm Barry has caused BP (BP), Chevron (CVX),