EOG News and Press, EOG Resources Inc. From 02/23/22

EOG Resources (NYSE:EOG) is scheduled to announce Q4 earnings results on Thursday, February 24th, after market close. The consensus EPS Estimate is $3.17 (vs $0.71 in Q420) and the consensus Revenue Estimate is $5.56B (+87.8% Y/Y). Over the last 2 years, EOG has beaten EPS estimates 63% of th...

Unless you’ve been living under a rock for the past 6 weeks, you are painfully aware of recent events in eastern Europe. That story is unfortunately taking a big turn for the worse over the past 24 hours as Russia mobilizes and crosses over the border into Ukraine. For investors, the n...

With tensions rising between Russia and Ukraine the JPMorgan Chase macro research team screened Tuesday for stocks facing positive and negative impacts from the situation. "Russia-Ukraine tension is a low earnings risk for US corporates, but an Energy price shock amidst an aggressive central ...

Even though futures show that our indexes will be way down, I'm buying tomorrow. I believe the market has over-discounted the bad news and has left no room for any good news. This sets up for an emerging spate of optimism. I still favor the tech names even more now that some of th...

Finding growth with Charles Kirkpatrick. Philosophy and style. Prediction versus reaction. For further details see: Kirkpatrick's Growth Screening Strategy

Energy (XLE +1.7%) is the only S&P sector posting a gain in Wednesday's trading, rebounding from yesterday's downturn with support from a bounce in oil prices. March WTI crude (CL1:COM) +2.3% to $94.24/bbl, after closing Tuesday with a 3.6% drop, while April Brent (CO1:COM) +2.2% to $95.3...

The Line 3 Replacement Project added significant cross border capacity for Canadian crude oil. Differentials were expected to contract in 2022, but instead blew out wide late in 2021 and have remained wide. Canadian producers just seem content to overproduce rather than throttle b...

Top Oil Stocks To Watch In The Stock Market Today As we start a new trading week, it seems that oil stocks could make for a viable play in the stock market today. This is in part due to growing concerns of Russia possibly invading Ukraine within the coming days. If any advanceme...

The Department of Energy published its monthly drilling productivity report Monday, showing Permian production hitting a new record high, up 71kb/d MoM according to the DOE. However, the increased production comes as drilled but uncompleted wells "DUCs" fall to a near decade low.  D...

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...