114.77 0.00 (0.00%)
After hours: 5:30PM EDT
|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||114.63 - 115.74|
|52 Week Range||81.99 - 131.60|
|PE Ratio (TTM)||17.21|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||0.88 (0.77%)|
|1y Target Est||140.08|
On Wednesday, the U.S. Energy Information Agency (EIA) added to the pressure when it reported that the country's crude oil inventory rose by 6.8 million barrels. Analysts remain divided over the medium-term direction of oil prices. On the one hand, they argue that prices are due for an uptick because supplies will tighten by about 1 million barrels per day when U.S. sanctions against Iranian oil exports come into effect in November 2018.
U.S. crude oil inventories jumped last week even as refining utilization remained high, the EIA said on Wednesday in a majorly bearish report.
HOUSTON , Aug. 13, 2018 /PRNewswire/ -- EOG Resources, Inc. (NYSE: EOG) ( EOG ) is scheduled to present at Enercom's The Oil and Gas Conference at 1:30 p.m. Central time ( 12:30 p.m. Mountain time ) ...
The WTI Cushing–WTI Midland spread, a key indicator for Permian producers and pipeline MLPs, narrowed last week, to ~$12 from $18 per barrel the week prior. However, it is still wider than this year’s average spread of $6.20 per barrel.
NEW YORK, Aug. 10, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of EOG ...
The S&P 500 Index (SPX) has rebounded sharply in recent months and now many investors anticipate the index ultimately will reach, and then exceed, its all-time high from January. The index was at just 0.5% below its record today. "The bull market is resuming. You want to own stocks," Ari Wald, head of technical analysis at Oppenheimer, told CNBC. He added, "tech is broadly strong across capitalization, across industries." Wald also expects health care stocks to break out, and recommends medical technology company Medtronic PLC ( MDT), as well as oil and gas producer EOG Resources Inc. ( EOG) and tech giant Alphabet Inc. ( GOOGL), the parent of Google.
The oil and gas driller made it clear that it’s not the same company it was a few years ago.
Energy stocks are just beginning to pay attention to the price action, with a number of names looking vulnerable to some profit taking after an impressive rally in oil prices from the lows seen last summer. Analysts are looking for earnings of $1.17 per share on revenues of $9.7 billion. When the company last reported on July 26, earnings of $1.09 per share missed estimates by a penny on a drop in production out of Libya.
After more than six months since its last high, the S&P 500 is back on the road to records. "We think the S&P is going to breakthrough that January resistance. You want to own stocks," Ari Wald, head of technical analysis at Oppenheimer, told CNBC's " Trading Nation " on Tuesday.
On August 6, US crude oil September futures closed ~$5.02 above the September 2019 futures contract. On July 30, the futures spread was at a premium of ~$5.08. On July 30–August 6, US crude oil September futures fell 1.6%.
Increased oil and natural gas drilling in the western end of the Eagle Ford Shale is boosting one related service — saltwater disposal. A new permit filed by Oklahoma-based NGL Water Solutions LLC highlights a new trend playing out in the western end of the shale play, where increased drilling activity is being followed by new commercial saltwater disposal wells. NGL Water Solutions is seeking permission from the Railroad Commission of Texas to drill a new injection well on its HR Cotulla SWD lease off FM 468 about 4 miles northwest of Cotulla.
Oilfield services company Schlumberger NV has appointed shale pioneer Mark Papa and energy researcher Tatiana Mitrova to its board of directors, according to a filing on Monday with the U.S. Securities ...
Between July 27 and August 3, US crude oil September futures fell just 0.3% and closed at $68.49 per barrel on August 3—their fourth consecutive close below the $70 mark.
EOG Resources and Noble Energy said Friday they will shift well completions from the Permian Basin to their other oil assets.
The stock market was slightly higher after disappointing jobs gains. IBD 50 stock Nvidia faced a test of resistance at its 50-day line.
EOG Resources (EOG), a Houston-based E&P company that produces oil and gas, declared a quarterly dividend of 22 cents a share, up 19% from 18.5 cents previously. The stock has returned 38% over the past year, helped by rising energy prices. Dover (DOV), a conglomerate whose businesses include energy and commercial refrigeration, announced it will raise its quarterly dividend by a penny to 48 cents a share.
Independent oil and gas producer EOG Resources on Friday said Delaware Basin completions will make up a smaller percentage of its overall hydraulic fracturing work in late 2018, a signal that pipeline constraints may continue to choke growth in the largest U.S. shale play. Activity in the Permian Basin, which includes the Delaware, has outpaced pipeline takeaway capacity in recent months as U.S. oil production has hit record highs. EOG said Delaware completions made up about 40 percent of its total hydraulic fracturing work during the first half of the year, but expected that to decline to 30 percent in the second half of 2018.