|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||99.11 - 101.37|
|52 Week Range||82.04 - 133.53|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||11.83|
|Earnings Date||Feb 26, 2019|
|Forward Dividend & Yield||0.88 (0.89%)|
|1y Target Est||125.75|
Measuring Oil's Impact on Upstream Energy StocksOil prices On January 16, US crude oil February futures rose 0.4% and closed at $52.31 per barrel, despite bearish EIA inventory data. In the last trading session, the S&P 500 Index (SPY) and the
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
There were 175 more new wells drilled in the Eagle Ford in 2018 than 2017, but 2019 could see a slow down as lowering oil prices halt new permit applications.
HOUSTON , Jan. 15, 2019 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2018 results on Wednesday, February 27, 2019 , at 9 a.m. ...
# EOG Resources Inc ### NYSE:EOG View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is low for EOG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $12.77 billion over the last one-month into ETFs that hold EOG are among the highest of the last year, but the rate of growth is slowing. ## Economic sentiment PMI by IHS Markit There is no PMI sector data available for this security. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. EOG credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
rude oil prices fell Monday on weak Chinese economic data, despite OPEC reassurances that global demand is strong and its production cuts are working.
The South Texas Drilling Permit Roundup is a weekly review of new drilling permit applications filed with the Railroad Commission of Texas for the 33-county area that encompasses the Eagle Ford Shale and surrounds Bexar County.
Per stock exchange rules, Sanchez (SN) has 45 days to draft and submit a plan that could boost its market capitalization above $50 million within a time frame of 18 months.
Did Trade Talks Impact Oil-Weighted Stocks More than Oil? (Continued from Prior Part) ## Oil-weighted stocks The following oil-weighted stocks could be the most sensitive to US crude oil’s movements. They might be impacted the most by oil’s price movement based on their correlations with US crude oil active futures in the trailing week: * ConocoPhillips (COP) at 70.5% * Concho Resources (CXO) at 65.6%. * Oasis Petroleum (OAS) at 49.2% * EOG Resources (EOG) at 37.4% * Diamondback Energy (FANG) at 27.3% ## Impact of trade talks In the trailing week, US crude oil active futures rose 12.5%. Occidental Petroleum was the third-largest gainer on our list of oil-weighted stocks. The top gainers, Callon Petroleum (CPE) and Whiting Petroleum (WLL) rose 30.5% and 20.6%, respectively, in the trailing week despite having a mild negative correlation with oil prices. The trade talks between the US and China might have caused these stocks to increase. In the previous part, we discussed that easing trade war concerns might be behind the rise in oil prices. ConocoPhillips had the highest correlation with oil. ConocoPhillips has risen 4.8%—the lowest among our selected oil-weighted stocks. All of these oil-weighted stocks are part of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP). They have production mixes of at least 60.0% in liquids based on their latest quarterly production data. Liquids include crude oil, condensates, and natural gas liquids. Browse this series on Market Realist: * Part 1 - WTI Oil Could Stay above $50
Energy stocks have had a difficult 2018. Mostly flat performance through most of the year turned into a tailspin in October as oil prices plunged from above $75 per barrel to below $50. That in turn has pinched oil companies that rely on elevated commodity prices to drive larger profits. The headwinds are clear. Demand has slowed to a crawl, and supplies have piled up despite production cuts from several nations. Fears about U.S.-China trade relations have weighed, as have worries about sanctions on Iran. It's no wonder why energy stocks have taken it on the chin. But the skies are starting to clear as we head into 2019. OPEC and other nations are beginning to discuss additional output curbs, and with U.S. shale producers running at full capacity, there really isn't much room for them to pick up any slack. The U.S. and China have made progress on trade talks, too, including a 90-day moratorium on increasing tariffs. Investors diving into the sector still need to be choosy. A rebound in oil is far from a certainty, which means it's necessary to put a premium on quality right now. Here, we look at the 10 best energy stocks to buy for 2019 - those that can best take advantage of the current energy environment. ### SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond
Crude oil prices pared gains Friday as bearish U.S. inventory data dampened bullish sentiment from OPEC production cuts and upcoming U.S.-China trade talks.
How Oil-Weighted Stocks Performed Last Quarter(Continued from Prior Part)Oil-weighted stocks The following oil-weighted stocks could be the most sensitive to US crude oil’s movements. They might be impacted the most by oil’s price movement based on their correlations with US crude oil active futures in the fourth quarter of 2018: Denbury Resources (DNR) at 64.
Crude prices jumped Wednesday as OPEC production tumbled in December, before official OPEC and Russia output cuts kicked in. Energy stocks such as Exxon and Chevron rose.
On December 21–28, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 0.4% and 0.3%, respectively. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 2.6%. These ETFs track US crude oil futures.
So far in 2018, US crude oil prices have fallen 25%. Crude oil prices are in the red on a year-to-date basis for the first time since 2016. On October 3, US crude oil active futures settled at $76.41 per barrel—the highest closing level since November 21, 2014. Concerns about a global economic slowdown might have dragged oil prices. On December 28, the Brent-WTI spread fell below $7 for the first time since August 23, which might indicate rising glut outside the US. Going into 2019, the OPEC and non-OPEC deal might alter the global oil supply situation.
Crude oil prices rose modestly, adding to recent gains as analysts are bullish about 2019, saying supply worries are overblown. U.S. crude supplies edged lower.
Crude oil prices rebounded sharply Wednesday after plunging Monday, joining the surge in the U.S. stock market.
Crude oil prices extended losses Monday amid ongoing fears of weakening demand, expanding U.S. supplies, and doubts that OPEC will to stick to production cuts.