EOG News and Press, EOG Resources Inc. From 06/21/22

Harris Associates’ 13F portfolio value increased from $64.23B to $75.90B this quarter. They increased Charter Communications, General Motors, Amazon.com, and Netflix while reducing Humana, Hilton Worldwide, and General Dynamics. The top three positions are Alphabet, Fiserv,...

EOG Resources Schedules Conference Call and Webcast of Second Quarter 2022 Results for August 5, 2022 PR Newswire HOUSTON , June 21, 2022 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss second quart...

Chevron's stock price and level of investor optimism likely peaked in early June. A recession in energy demand and a windfall income tax levied by Uncle Sam could crater the stock later in the year. I have a 12-month price target of $110 to $120, as crude oil and natural gas suppl...

No sector is safe in bear markets and the current selling of winning stocks is typical of the later innings of market declines, MKM Partners says. "The high degree of correlation between Crude Oil (CL1:COM) (USO) (CO1:COM) (BNO) and Energy stocks (NYSEARCA:XLE) broke last week," MKM Chief Mar...

A recession is 74% priced into stocks and there is a remote chance economic conditions could push the S&P 500 (SP500) (NYSEARCA:SPY) more than 1,000 points lower, Societe Generale says. Fair value of the S&P based on earnings remains at 3,850, but a couple more dominoes need to fall b...

In 2020 Exxon (XOM) CEO Darren Woods was excoriated by investors, industry and policy makers alike. As shares dipped towards $30, investors clamored for capital spending cuts. Peers like BP (BP) and Shell (SHEL) announced oil demand would terminally decline. And US policy makers determined th...

EOG Resources is priced at approximately 7x free cash flow. This is far from an overextended premium on the stock. Putting the recent oil price sell-off into perspective. I estimate that EOG Resources will have an 8% capital return to shareholders at EOG's present valuation. I...

The oil and gas sector (NYSEARCA:XLE) lost the most ground among S&P sectors in Wednesday's trading, as crude oil futures fell to two-week lows on concerns about demand and the Federal Reserve's aggressive rate hikes. Energy stocks sold off sharply after the Federal Reserve raised interes...

Market cap weighting, which is used by the high dividend ETF SCHD, makes for great performance when momentum is upwards, but drags it down when momentum turns down. We look at several actively traded Dividend-focused ETFs that use alternative weighting methods: equal weight and divide...

Energy stocks (XLE) were the worst performing sector in the market through the midpoint of the trading day Monday, despite Brent (CO1:COM) and WTI (CL1:COM) trading green on the day. Natural gas (NG1:COM) was lower by ~2% on the day. Oil prices (USO) were supported by news over the weekend th...