EOG News and Press, EOG Resources Inc. From 09/09/20

U.S. oil production likely will suffer years of declines and may never regain the peak achieved earlier this year , EOG Resources (NYSE: EOG ) CEO Bill Thomas said today during the online Barclays CEO-Power Conference. More news on: EOG Resources, Inc., Energy stocks news, Read more...

EOG Resources (NYSE: EOG ) has an impressive portfolio of assets as a leading American oil company. The company is focused on increasingly high margins with its impressive portfolio of assets. The company plans to turn that strong financial rewards. That continued performance makes EOG Resour...

Shale oil producers are stockpiling federal drilling permits in the Permian Basin, a move analysts attribute to a hedge against a win by Democratic candidate Joe Biden. More news on: Apache Corporation, BP p.l.c., Callon Petroleum Company, Energy stocks news, News on the U.S. economy, ...

The  S&P 500 Index  (SNPINDEX: ^GSPC) gained 54 points, up 1.5%, to close at another record high of 3580.84 on Sept. 2. Today's surge came even with shares of Apple (NASDAQ: AAPL) , the biggest public company in the U.S. with a market cap of $2.3 trillion, falling 2.1%, and a ...

Image: From Hartenergy Investment Thesis Houston-based EOG Resources ( EOG ) released its first quarter results on August 7, 2020. It was a weak quarter and below-than-expectation results. The weak quarterly results were due primarily to an extensive fall in commodity price realizations ...

The oil patch has been a tough place for dividend investors in recent years. Oil price crashes in 2014 and earlier this year took many payouts down with them. Because of that, many income investors have given up on the sector.  However, several oil stocks pay dividends that should wit...

The big E&P news of yesterday was Occidental Petroleum (OXY) selling land grant assets in Wyoming, Colorado, and Utah to Orion Mine Finance for $1,333mm. Set to close later this year, the deal will move 4.5mm acres of mineral acres (subsurface) and 1mm surface fee acres located in the Gr...

After the unwise takeover of Anadarko Petroleum, I penned a piece on Occidental Petroleum ( OXY ) and said it would be quite hard for the company to be successful given the high-level of debt it had to take on to purchase APC, the very high-cost 8% debt it took on from Berkshire Hathaway ( BRK...

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...

EOG Resources ( EOG ) announced a net loss of $1.57/share in the second quarter - the first negative print I can remember - as Covid-19-driven oil demand destruction hit even the best of the shale oil producers. Due to the combination of shut-in production (~75,000 boe/d) and a low reali...