EOG Stock Recent News

Favorable oil prices are aiding EOG Resources (EOG). However, being engaged in upstream business, the company is highly exposed to extreme volatility in commodity prices.

It would be wise to keep an eye on EOG Resources (EOG), Matador (MTDR) and Diamondback (FANG), as the peak in demand for fossil fuels is not expected to happen in the near future.

EOG Resources (EOG) closed the most recent trading day at $123.79, moving +1% from the previous trading session.

EOG Resources (EOG) reachead $118.72 at the closing of the latest trading day, reflecting a +0.74% change compared to its last close.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

The E&P industry has been prioritizing low costs, rational pricing, and the generation of free cash flow. EOG Resources has been, perhaps, the poster child of this new line of thinking.

EOG Resources' (EOG) Q4 earnings suffer due to lower commodity price realizations.

While the top- and bottom-line numbers for EOG Resources (EOG) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

EOG Resources (EOG) came out with quarterly earnings of $3.07 per share, missing the Zacks Consensus Estimate of $3.14 per share. This compares to earnings of $3.30 per share a year ago.

EOG Resources (NYSE: EOG), an energy company engaging in the exploration, development, production, and marketing of crude oil and natural gas, is scheduled to announce its fiscal fourth-quarter results on Friday, February 23. We expect EOG stock to likely trade higher with revenues and earnings beating market expectations in the upcoming Q4 results.