|Bid||113.98 x 300|
|Ask||114.00 x 100|
|Day's Range||112.47 - 114.71|
|52 Week Range||81.99 - 119.00|
|PE Ratio (TTM)||25.55|
|Earnings Date||May 3, 2018|
|Forward Dividend & Yield||0.74 (0.67%)|
|1y Target Est||125.49|
Oil rose Thursday as Saudi Arabia reportedly eyes a price of as much as $100 a barrel ahead of a key OPEC-Russia meeting Friday.
Oil prices have recovered from two year lows recently amid dwindling supplies and higher export demand – and the outlook for the new year is positive. Crude stocks, other than the U.S. Strategic Petroleum Reserve, are at two-year lows due to greater demand and an effort on the part of oil producers to limit supply. The International Energy Agency says oversupply appears to be ending and OPEC and 10 other producers cut a deal earlier in December to extend production limits through the end of 2018.
Today, I will be analyzing EOG Resources Inc’s (NYSE:EOG) recent ownership structure, an important but not-so-popular subject among individual investors. Ownership structure of a company has been found to affectRead More...
Enbridge (ENB) is planning to reduce its debt burden and streamline portfolio with the sale of the wind project, off the coast of Germany.
YPF Sociedad Anonima (YPF) and its partner engage five oil platforms in the project, located in Argentina's Santa Cruz province near the Strait of Magellan.
The Zacks Analyst Blog Highlights: Comtech Concho Resources, RSP Permian, EOG Resources, Pioneer Natural Resources and Energen
Sinopec (SNP) is going to build LNG receiving facilities, leading to an increase in the company's capacity to around 26 million tonnes per annum from its present capacity of 9 million tones.
The Permian Shale, which is spread over roughly 75,000 square miles of western Texas and southeastern New Mexico, is believed to hold enough oil to feed all the domestic refineries for 12 years.
The United States is on the cusp of what was once a pipe dream: energy independence. It could be the opportunity of a lifetime for investors.
Houston-based Verdun Oil Company LLC is expanding the Eagle Ford Shale where its two of its new leases named after World War I artillery.
Instead of buying drillable land, Permian Basin producers could soon have the urge to merge.
A series of short-term deals is starting to blossom into something much larger for the oil market heavyweights.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting EOG. Over the last one-month, outflows of investor capital in ETFs holding EOG totaled $14.63 billion.
Higher production guidance from oil-rich projects and positive earnings estimate revisions make Energen (EGN) a compelling buy.
EOG Resources Inc expects its oilfield service costs to drop this year in two large shale areas, its chief executive said on Tuesday, bucking the industry trend as costs inch higher across the industry. EOG expects its service costs to drop 9 percent this year in the Permian Basin, the largest U.S. oilfield, and 4 percent in the Eagle Ford shale, CEO Bill Thomas said at the Scotia Howard Weil energy conference in New Orleans. "We don't need a lot from the service industry except people and equipment to pump," Thomas said.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.