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 ...

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 indicates the demand trajectory for the company's o ...

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 indicates the demand trajectory for the company’s oi ...

Natural gas prices surged last week, marking one of the strongest rallies in a year. A combination of colder weather forecasts, increased liquefied natural gas (“LNG”) exports, and a surprising drawdown in U.S. gas inventories were the main drivers. As the market prepares for a tight supply-demand scenario, upstream operators like EQT Corporation (EQT) , EOG Resources (EOG) and Expand Energy (EXE) gear up for production growth in 2025.What Boosted Natural Gas Price?The onset of winter has amplified heating ...

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 indicates the demand trajectory for the company’s oi ...

PITTSBURGH, PENNSYLVANIA - NOVEMBER 04: Republican presidential nominee, former President Donald ... [+] Trump holds a campaign rally at the PPG Paints Arena on November 04, 2024 in Pittsburgh, Pennsylvania. With one day left before the general election, Trump is campaigning for re-election in the battleground states of North Carolina, Pennsylvania and Michigan. (Photo by Chip Somodevilla/Getty Images)Getty ImagesAs we income investors roll into Trump 2.0, it’s time for us to “flip the script” on the trades ...

Summary of EOG Resources, Inc. Conference Call Company Overview - **Company**: EOG Resources, Inc. (NYSE:EOG) - **Industry**: Oil and Gas Exploration & Production (E&P) - **Conference Date**: November 13, 2024 Key Points Financial Strategy and Shareholder Returns - EOG announced an update to its buyback program, emphasizing a more efficient capital structure and cash return to shareholders [2][5] - The company aims for a total debt-to-EBITDA ratio of less than 1x, targeting $5 billion to $6 billion in debt at $45 oil prices [4] - EOG plans to return over 100% of its free cash flow to shareholders through buybacks or special dividends [5][6] Capital Allocation and Growth Strategy - EOG maintains a disciplined capital allocation strategy, focusing on maximizing asset value and returns rather than merely pursuing growth [16][17] - The company has identified 15 to 20 domestic exploration prospects, indicating significant growth potential [9] - EOG is increasing its dividend by 70%, reflecting confidence in its financial health and operational efficiency [10] Operational Efficiency and Asset Development - EOG employs a detailed, asset-specific approach to development, particularly in the Permian Basin, where it has over 20 unique targets [12][13] - The company has achieved top-tier well productivity and cost efficiency, continuously improving operational performance [15] - EOG's exploration in the Utica and Dorado regions shows promising results, with the Utica expected to become a foundational liquids play and Dorado a significant gas asset [36][41] Infrastructure and Midstream Investments - EOG is investing in strategic infrastructure, including the Janus plant and Verde pipeline, to enhance operational efficiency and reduce costs [20][22] - The Janus plant is expected to provide significant cost savings and increased capacity for gas processing [23][29] Regulatory Environment and Market Position - EOG has a strong relationship with regulators in New Mexico and does not anticipate significant impacts from proposed drilling restrictions [32][33] - The company is well-positioned to capitalize on its extensive acreage and existing infrastructure, minimizing the need for additional build-out [70] Future Outlook and Market Strategy - EOG is focused on maintaining flexibility in its marketing strategy to maximize price realization for its gas and oil products [48][49] - The company is exploring opportunities for additional off-take agreements to diversify its LNG exposure [54] - EOG's exploration program continues to yield strong results, with plans to increase activity in the Utica by 50% in the coming year [59] Conclusion - EOG Resources is strategically positioned for growth with a focus on operational efficiency, disciplined capital allocation, and strong shareholder returns. The company is leveraging its extensive asset base and infrastructure investments to capitalize on emerging opportunities in the Utica and Dorado regions while maintaining a robust financial position.

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 indicates the demand trajectory for the company's ...

Amid chatter of reflation and pro-growth policies under President-Elect Trump next year, oil has fallen flat. A stronger US dollar and high domestic production have weighed on the commodity recently – WTI is now down nearly 10% so far in 2024, and the price peak from Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficie ...