Group 1 - The Retirement Forum aims to provide actionable ideas, a high-yield safe retirement portfolio, and macroeconomic outlooks to help maximize capital and income [1] - The Value Portfolio focuses on building retirement portfolios using a fact-based research strategy, which includes extensive analysis of 10Ks, analyst commentary, market reports, and investor presentations [2] Group 2 - The analyst has a beneficial long position in EOG shares through stock ownership, options, or other derivatives, indicating a personal investment interest [3] - Seeking Alpha emphasizes that past performance does not guarantee future results and that no specific investment recommendations are being made [4]

Group 1: Company Overview - EOG Resources is one of 248 companies in the Oils-Energy group, which is currently ranked 6 within the Zacks Sector Rank [2] - EOG Resources has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] Group 2: Performance Metrics - Year-to-date, EOG Resources has returned approximately 7.7%, outperforming the Oils-Energy sector's average return of 6.4% [4] - EOG Resources belongs to the Oil and Gas - Exploration and Production - United States industry, which has gained about 10.6% this year, indicating that EOG is slightly underperforming its industry [6] Group 3: Comparative Analysis - Another stock in the Oils-Energy sector, Sunoco LP, has outperformed both the sector and EOG Resources with a year-to-date return of 8.5% [4] - Sunoco LP's current year EPS consensus estimate has increased by 62.6% over the past three months, and it holds a Zacks Rank of 1 (Strong Buy) [5] - The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, to which Sunoco LP belongs, has moved up by 67% this year, indicating strong performance compared to EOG's industry [7]

In its last weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was lower than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicate the demand trajectory for the company’s oil ...

HOUSTON, Jan. 16, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2024 results on Friday, February 28, 2025, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year.    If you have any questions, please contact Angie Lewis at 713- ...

Key TakeawaysSanctions against Russian oil exports to China and India have pushed oil prices back into bullish territory.The price of West Texas Intermediate crude is trading above $78 per barrel, the highest since August.Stocks that look to gain include oil exploration and production companies like ExxonMobil and EOG Resources.The Biden administration's introduction of new sanctions targeting Russian oil exports to China and India has contributed to a resurgence in oil prices, pushing them back into bullis ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of EOG, CVX, XOM, APA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The contents of this article, my previous articles, and my comments are for informational purposes only and may not be considere ...

In its last weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was in line with the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicate the demand trajectory for the company’s o ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .This market environment is fascinating, as the love/hate relationship it has with various sectors and themes has gone into overdrive. Year-to-date, the Roundhill Magnificent Seven ETF ( MAGS ) has returned 71%, crushing the market's impressive 29% return. Meanwhile, unloved sect ...

EOG Resources TodayEOGEOG Resources$127.59 +0.98 (+0.77%) 52-Week Range$108.94▼$139.67Dividend Yield2.85%P/E Ratio10.27Price Target$144.20Add to WatchlistEOG Resources NYSE: EOG is a small, diversified energy play and a cash flow gusher on track to hit new all-time highs in 2025. Despite numerous headwinds, the company is ramping up production, improving operational quality, sustaining a robust cash flow and FCF growth, and delivering a robust capital return to its investors. The guidance for Q4 included e ...

Core Insights - The U.S. rig count has decreased, indicating a slowdown in drilling activities within the oil and gas industry [1][4][5] - The current rig count reflects a decline from both the previous week and the same week last year, suggesting a potential shift in demand for oilfield services [4][5] Rig Count Overview - The total U.S. rig count fell to 582 for the week ended Nov. 27, down from 583 the previous week and 625 a year ago [4] - Onshore rigs totaled 567, a decrease from 568 the prior week, while offshore rigs remained stable at 13 [5] - The oil rig count decreased to 477 from 479 the previous week and 505 a year ago, significantly lower than the peak of 1,609 in October 2014 [5] - The natural gas rig count rose to 100, slightly above the previous week's count of 99, but still below last year's figure of 116 [6] Rig Count by Type - Vertical drilling rigs remained unchanged at 16, while horizontal/directional rigs decreased to 566 from 567 [7] - The Permian Basin, the most prolific area for oil and gas, recorded a rig count of 303, consistent with the previous week but lower than 314 a year ago [8] Market Conditions - West Texas Intermediate (WTI) crude is trading above $68 per barrel, creating a favorable environment for exploration and production despite reduced drilling activity [9] - U.S. oil and gas companies benefit from lower breakeven WTI prices, positioning them for profitability [9] Company Focus - EOG Resources is recognized as a leading oil and gas explorer and producer, with a strong outlook due to its extensive inventory of high-quality drilling wells [12] - Matador Resources is focusing on record production and cost-saving techniques, enhancing profitability and financial flexibility through strategic acquisitions and asset sales [13]