EOG Stock Recent News
EOG LATEST HEADLINES
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
EOG Resources (EOG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the global economy.
EOG Resources (EOG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
EOG Resources is undervalued at $109 with a fair value of $147, trading at 4.8x EV/EBITDA. The company excels in capital management, returning 90% of free cash flow to shareholders over the last three years. EOG boasts ultra-low-cost operations, particularly in the Delaware Basin, and maintains a conservative balance sheet with low debt levels.
Both EOG Resources and ConocoPhillips can lean on their strong balance sheet during uncertain times.
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. The market is volatile with economic uncertainties, but investing consistently in solid dividend-paying stocks with reasonable valuations is a good idea. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks.
Favorable oil prices are aiding EOG. However, as an upstream company, it is highly exposed to extreme volatility in commodity prices.
Companies like EOG, FANG and DVN displayed solid operational and financial performances, supported by record production levels, cost management and shareholder returns.
EOG, FANG, XOM and CVX are well-positioned to benefit from the Permian Basin's ongoing expansion, making them must-watch for energy-focused investors.