EOG Stock Recent News
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Favorable oil prices are aiding EOG Resources (EOG). However, being engaged in upstream business, the company is highly exposed to extreme volatility in oil and natural gas prices.
HOUSTON , Jan. 9, 2024 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2023 results on Friday, February 23, 2024, at 9 a.m. Central time (10 a.m.
The latest trading day saw EOG Resources (EOG) settling at $120.38, representing a -0.53% change from its previous close.
EOG Resources (EOG) is satisfied with its existing activity levels and does not foresee the need for an increase.
EOG Resources, Inc. (EOG) Goldman Sachs Energy, CleanTech & Utilities Conference
My Top 10 High Yield Dividend Stocks For January 2024
Oil prices are rebounding, benefiting domestic oil and gas exploration companies like EOG Resources, a possible 2024 tailwind. Generating $1.5 billion in free cash flow last quarter, EOG is undervalued and offers significant dividends to shareholders. The technical chart for EOG Resources shows some resistance and lackluster momentum, but the overall outlook is positive.
It is an opportune moment for investors to monitor upstream companies like EOG, MTDR and FANG that will contribute to oil production in the United States.
Favorable oil price is aiding EOG Resources (EOG). Also, the company is strongly committed to returning capital to shareholders.
With OPEC maintaining its bullish oil demand forecast for 2024, this might be the right time to buy stocks like MUSA, EOG and LBRT.