EOG News and Press, EOG Resources Inc. From 01/21/21

The Biden administration suspends oil and gas leasing and permitting on federal lands and waters - which account for ~10% of U.S. crude oil supply - according to a Department of Interior memo.The 60-day suspension on approvals is necessary for a "targeted and time-limited" review of recent de...

EOG Resources Schedules Conference Call and Webcast of Fourth Quarter and Full Year 2020 Results for February 26, 2021 PR Newswire HOUSTON , Jan. 12, 2021 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quar...

At Oakmark, we are long-term investors. We attempt to identify growing businesses that are managed to benefit their shareholders. We will purchase stock in those businesses only when priced substantially below our estimate of intrinsic value. After purchase, we patiently wait for the gap ...

Higher oil prices have caused many investors to fear shale operators will drill themselves into insolvency once again. Rig counts do not support that, and thus far neither does forward guidance. Notably though, Canadian E&Ps seem a little more aggressive. Most companies will r...

XLE up over 50% off the October 29 low. Many key names in this space pay juicy dividends. Substantial upside potential remains through 2021. For further details see: Riding The Stock Waves: Update On The Energy Sector

Today, there are many bubble stocks of companies working on new technology and new products. Many investors already avoid these stocks. But which stocks of established companies should be avoided? I look for overvaluation, smooth negative momentum, and high trading volume. My quan...

Oil prices surged more than 5% on the first trading day of 2021. As a result, WTI, the U.S. oil price benchmark, topped $50 a barrel for the first time since last February. Fueling the rally was an unexpected move by Saudi Arabia, which said it would cut 1 million barrels per day (BPD) fr...

EOG Resources' (EOG) board promoted Ezra Y. Yacob to president, effective immediately.Since December 2017, Yacob has served as EVP, Exploration and Production responsible for EOG's Fort Worth, Artesia and International operating areas.Prior to joining EOG in 2005, Ezra worked f...

EOG Resources Promotes Ezra Yacob to President PR Newswire HOUSTON , Jan. 4, 2021 /PRNewswire/ -- EOG Resources, Inc. ( EOG ) today announced that its Board of Directors has promoted Ezra Y. Yacob to President of EOG effective immediately. Since Dec...

EOG Resources is one of the largest independents and focuses on production in North American shale, China, and Trinidad and Tobago. The company is primarily focused on producing high amounts of cash flow off of liquids, primarily crude oil. The company's focus on crude oil could b...