EOG News and Press, EOG Resources Inc. From 02/13/22

With shale oil production having overwhelmed global demand growth, causing two industry downturns preceding the pandemic, investors were comforted by comments from Pioneer's (NYSE:PXD) CEO in December 2021 (NYSEARCA:USO). In an appearance on CNBC, CEO Scott Sheffield told the world his c...

We identified 18 stocks in S&P 500 with strong momentum based on our criteria. Ten of the stocks we identified made new all-time highs. Five of these stocks are 40% or more above their 200-day moving average. For further details see: S&P 500 Stocks With Strong Mo...

Oil prices are again on the rise. The EIA has reported tight oil supply and raised its demand estimates for the commodity. Furthermore, if Russia-Ukraine tensions persist, oil prices could surge to $120 per barrel. Given this backdrop, the buy-rated oil and gas exploration and production stoc...

If you're like me, trips to the gas station are never something to get excited about. Prices are always changing, in many cases not in your favor. One way to cope with what I personally call 'gas pump despair' is to own energy stocks. No matter how high the gas pump digits go, you can a...

The energy sector (XLE -2.2%) is easily the day's biggest decliner in the S&P 500 standings, with oil prices tumbling as geopolitical pressures ease slightly on potential de-escalation of the Ukraine crisis and the resumption of Iran nuclear talks. March WTI crude (CL1:COM) -2.1% to $89.4...

Oil and gas was the stock market's standout sector performer again this week, with the top energy ETF (NYSEARCA:XLE) +5%, as a severe winter storm in Texas added to a host of global supply concerns that lifted oil prices to fresh seven-year highs. Meanwhile, the average price of gasoline also...

The White House's Secretary of State Blinken signed several sanctions waivers related to Iran's "civilian" nuclear activities Friday. The olive branch was intended to entice Iran to return to compliance with Obama's 2015 Iranian nuclear deal. The move Friday lifts sanctions threats against fo...

According to AAA, the national average gasoline price at the pump has risen to $3.4, up ~40% from $2.4 one year ago (NYSEARCA:USO), stoking inflation fears (NYSEARCA:TIP) which have been impacting stocks (NYSEARCA:SPY). Even large oil-producing states with excess refining capacity, like Texas...

Monthly update of the Dividend Champions List. 79 companies declared higher dividends in the past month, with an average increase of 10.71% over their previous payouts. One new King, one new Champion, ten new Contenders, and five new Challengers. For further details see: ...

Following Goldman, JPMorgan and Morgan Stanley's lead, UBS out with a call for $100/b Brent oil prices. The report calls for $100 by September and sees $90 by the end of March, which seems a bit out of step given Brent has crossed above $90 multiple times already this year. Like peers, the an...