EOG News and Press, EOG Resources Inc. From 06/18/21

EOG Resources reported better-than-expected first-quarter 2021 adjusted earnings per share of $1.62 per share. They were $0.62 a year earlier. Total production was 778.9K Boep/d, down 10.9% from last year and down 2.8% sequentially. The company’s board of directors announce...

imaginima/E+ via Getty Images Oil futures are not immune from today's rout in commodities, pulling back from the highest close in more than two-and-a-half years as the dollar strengthened in reaction to the Federal Reserve's hawkish shift in tone. The U.S. Dollar Index +0.9% today and up 1.6%...

imaginima/E+ via Getty Images The U.S. Interior Department says it is reviewing yesterday's court ruling that it must resume auctioning oil and gas leases on federal lands but is not saying when auctions might resume. The preliminary injunction theoretically opens up millions of acres to pote...

Chevron ([[CVX]] -0.3%), ConocoPhillips ([[COP]] +0.1%), Devon Energy ([[DVN]] -2.2%), EOG Resources ([[EOG]] -0.6%) and some private equity houses are considered among potential bidders for some or all of Royal Dutch Shell's ([[RDS.A]] -1.1%) Permian Basin assets.Reuters reported over the we...

Grafissimo/E+ via Getty Images A U.S. District Court judge grants a preliminary injuction to Louisiana and 12 other states that sued the Biden administration over the halt on new oil and gas leasing on federal lands. In his ruling, the judge said the states had met the requirements to establi...

Mounting climate change concerns are pushing governments worldwide to transition their countries’ economies to a renewable energy driven future in which natural gas is expected to play a key role. So, with that, we think it may be wise for investors to now take a closer look at two maj...

The non-renewable energy industry is one of the fastest recovering industries in 2021, with oil prices jumping from negative values in early 2020 to hover at near two-year highs now. This recovery is likely to continue in the near term, making energy stocks EOG Resources (EOG) and Energy Tran...

EOG Resources (EOG) says Executive VP of Exploration and Production Ezra Yacob will become the new CEO and join the company's board, and COO Billy Helms Jr. will add the role of President to his current position as COO, effective October 1.The news comes as Bill Thomas plans to retire af...

EOG Resources Announces Management Succession Plan PR Newswire HOUSTON , June 7, 2021 /PRNewswire/ -- EOG Resources, Inc. ( EOG ) today announced that Ezra Y. Yacob will become EOG's Chief Executive Officer and join the Board of Directors, and that Ll...

Oil prices have rallied more than 40% this year. Fueling that surge has been improving demand from the reopening of the economy and constrained supplies as OPEC and other producers hold back output. Those strong market fundamentals have fueled a huge rally in oil stocks . The average en...