98.52 0.00 (0.00%)
After hours: 4:42PM EST
|Bid||99.15 x 100|
|Ask||99.10 x 800|
|Day's Range||98.08 - 102.40|
|52 Week Range||96.54 - 133.53|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||14.78|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||0.88 (0.83%)|
|1y Target Est||143.05|
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to discuss the latest market moves as Wall Street digests headlines about US-China trade relations, this morning's BLS Employment Situation report, and a barrage of earnings, from Apple to Exxon Mobil. Here's the performance of recent earnings (as of 10:45 am EDT, Friday): ~Thurs AMC SBUX Starbucks Corp 10.60% SYMC(E) Symantec Corp 6.43% MET Metlife Inc 4.41% X U.S. Steel Corporation 2.54% WU Western Union Co (THE) -0.25% CBS CBS Corporation -1.25% EOG EOG Resources -2.25% AAPL Apple Inc -6.72% KHC The Kraft Heinz Company -7.82% GERN(HB) Geron Corp -8.11% SHAK Shake Shack Inc -11.41% GPRO GoPro Inc Cl A -21.80% OLED Universal Display Corp -27.13% WTW Weight Watchers Intl -29.87% ~Fri BMO CVX Chevron Corporation 3.48% STX(HB) Seagate Tech 2.78% IMGN Immunogen Inc 2.69% ABBV AbbVie Inc 2.48% XOM Exxon Mobil 1.41% DUK Duke Energy Corporation 0.58% BABA Alibaba Group Holding Ltd -0.84% CBOE CBOE Glbl Mkts Inc -1.23%
ConocoPhillips (COP) has strengthened its FCF (free cash flow) in the past one year. On a quarterly basis, COP’s FCF grew by 34.8% in Q3 2018. The rise in oil prices contributed to the rise in COP’s free cash flow. In part one, we discussed the impact of oil prices on COP’s earnings.
As of November 12, Brent crude oil active futures had fallen 18.3% from their almost four-year closing high of $86.29 per barrel on October 3. However, so far in Q4 2018, Brent crude oil active futures have averaged ~4% higher on a quarter-over-quarter basis. If oil prices trade within a downside limit of ~4% from current levels, with almost half of the period left in Q4 2018, ConocoPhillips (COP) might achieve analysts’ consensus estimate, which is two cents lower than adjusted EPS last quarter. COP has an oil-weighted portfolio of 58%. ...
DEEP DIVE Some investors with long-term commitments aren’t interested in a company’s performance for only one quarter. Others react, or overreact, to breathless headlines after companies surprise analysts.
Oil prices reversed lower Monday after President Trump warned Saudi Arabia not to cut oil output, as OPEC's de facto leader grapples with oversupply concerns.
On November 2–9, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 0.6%—the least among major energy ETFs. US crude oil prices just above $60 and a fall of 4.7% last week due to supply concerns might have either dragged or limited the upside in upstream energy stocks. However, Saudi Arabia’s announcement on November 11 about reducing its exports by half a million barrels per day in December might bring a small pause to oil’s fall.
EOG Resources Inc.’s $1.1 billion in third-quarter adjusted net income vaulted the biggest American shale driller into the same league as Italian oil giant Eni SpA, ConocoPhillips and Occidental Petroleum Corp. and ahead of Spain’s Repsol SA. But there’s one major difference: EOG is growing production at more than 20 percent a year. Conoco and Occidental have also made shale one of their key investment targets.
After hitting decade lows back in 2016, a rising economy, increased demand, and a drop-in supply have sent average crude oil prices up more than 69% since its lows. For many energy stocks, this has been a godsend. A variety of independent energy producers from ConocoPhillips (NYSE:COP) to EOG Resources (NYSE:EOG) have seen profits and cash flows surge.
HOUSTON , Nov. 7, 2018 /PRNewswire/ -- EOG Resources, Inc. (EOG) is scheduled to present at the Bank of America Merrill Lynch Global Energy Conference at 3:00 p.m. Central time ( 4:00 p.m. Eastern time ...
NEW YORK, Nov. 05, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Shares of EOG Resources Inc fell on Friday, a day after the shale oil producer bumped up its 2018 budget to spend more to retain service providers through the end of the year. Wall Street analysts called the 2018 budget increase negative and investors have been pushing oil companies to curtail spending and boost shareholder returns. The company increased the midpoint of its 2018 budget forecast by $300 million to between $5.8 billion and $6 billion.
EOG Resources' (EOG) solid third-quarter results can be attributed to increased production as well as higher oil and gas price realizations.
Every investor in EOG Resources Inc (NYSE:EOG) should be aware of the most powerful shareholder groups. Insiders often own a large chunk of younger, smaller, companies while huge companies tend Read More...
Investing.com - EOG Resources (NYSE:EOG) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
EOG Resources on Thursday topped Wall Street's third-quarter profit and revenue estimates on record oil production, and raised its spending outlook for the full year. Spurred by higher crude prices and advances in hydraulic fracturing, U.S. producers have hit records nearly every month this year. In August, the country's oil production hit a record 11.35 million barrels per day (bpd).
EOG Resources (EOG) delivered earnings and revenue surprises of 12.18% and 4.73%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?