EOG News and Press, EOG Resources Inc. From 03/09/22

Traders are betting Brent prices will cross $200 while U.S. energy import ban on Russia will likely find no other major nation joining suit. U.S. extraction and refining capacity seem to have a shortfall relative to domestic consumption. Analysis for a choice between clean energy ...

EOG Resources (NYSE:EOG) and Devon Energy (NYSE:DVN) are sitting on thousands of federal onshore drilling permits, more than any other companies, according to a Bloomberg analysis, although neither plans to increase production by more than 5% even as U.S. oil futures exceed $120/bbl. Blo...

Shares of EOG Resources Inc. (NYSE:EOG) traded today at $122.50, eclipsing its 52-week high. This new high was reached on below average trading volume as 1.2 million shares traded hands, while the average 30-day volume is approximately 4.9 million shares. EOG Resources is an oil and gas ...

Bank of America's global oil team lifted oil price forecasts across the board, raising 2022 / 23 Brent forecasts to $110 / $95 from $85 / $75, respectively; the long-term price forecast was lifted from $60 to $70. The bank sees risk of a spike to $150 Brent, on the back of war in Ukraine. How...

Absent a takeover offer by Berkshire Hathaway, now may be a great time to sell Occidental Petroleum. Peak bullish sentiment for crude oil and natural gas is here, as Russia invades Ukraine. We look to be in the exact opposite, news-induced, energy market setup today vs. the pandem...

Warren Buffett recently boosted Berkshire Hathaway's investment in Occidental Petroleum common stock to over $5 billion, up from zero at year-end. While not known for his tactical trading, Buffett appears to have been able to buy OXY stock before the latest spike in oil prices. Oc...

Shares of EOG Resources Inc. (NYSE:EOG) traded at a new 52-week high today of $121.78. Approximately 1.2 million shares have changed hands today, as compared to an average 30-day volume of 4.8 million shares. EOG Resources Inc. (NYSE:EOG) is currently priced 1.8% above its average consen...

Shares of EOG Resources Inc. (NYSE:EOG) traded at a new 52-week high today of $119.56. Approximately 744,000 shares have changed hands today, as compared to an average 30-day volume of 4.8 million shares. In the past 52 weeks, shares of EOG Resources Inc. have traded between a low of $62...

As of this morning, front month U.S. April crude futures traded up to $116 per barrel. This is a big contributing factor to the highest inflation in forty years. Yesterday, OPEC+ met and declined to increase production more than originally planned. Also, President Biden's calls to the...

The market’s largest two energy exchange traded funds, Energy Select Sector SPDR ETF (NYSEARCA:XLE) and the Vanguard Energy ETF (NYSEARCA:VDE), have hit record trading highs as crude oil (CL1:COM) prices march upward, touching $116.57 a barrel on Thursday, a 13 year plus high. XLE topp...