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3 Energy Stocks With Cheap Valuations and Big Returns Ahead
MarketBeat· 2025-03-19 12:21
From tariffs to cuts in government spending, American markets are facing significant uncertainty, and some investors fear a recession could be on the horizon. While the future outlook remains uncertain, some investors are taking current dips in pricing as an opportunity to add sometimes volatile energy stocks to their portfolios.  The energy sector is highly volatile, but some winners are experiencing price dips that suggest a temporary overcorrection. These stocks now trade at P/E ratios below 20, making t ...
EOG Resources Schedules Conference Call and Webcast of First Quarter 2025 Results for May 2, 2025
Prnewswire· 2025-03-18 20:15
HOUSTON, March 18, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss first quarter 2025 results on Friday, May 2, 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 713-651-6722.About EOGEO ...
EOG Resources Eyes Gas Exploration Opportunity in Bahrain
ZACKS· 2025-03-13 15:50
Group 1: EOG Resources and Partnership - EOG Resources Inc. has partnered with Bahrain's state-owned Bapco Energies for gas exploration, aiming to expand its upstream operations in the Middle East [1][2] - The exploration is aligned with Bahrain's National Energy Strategy, which focuses on developing new energy resources for sustainable national development [2] - The exploration agreement is subject to government approval, and the specific exploratory area has not been disclosed [2] Group 2: Production Forecast - EOG's production forecast for 2025 is projected to be between 1.10-1.14 million barrels of oil equivalent, indicating an increase from 2024 levels [3] - The collaboration with Bapco Energies is expected to enhance EOG's upstream portfolio and reflects the company's strategy to seek exploration opportunities for production growth [3] Group 3: Industry Context - EOG currently holds a Zacks Rank 2 (Buy), indicating positive market sentiment [4] - Other notable companies in the energy sector include Archrock Inc. (Zacks Rank 1), Eni SpA, and NextDecade Corporation (both Zacks Rank 2) [4] - Archrock focuses on midstream natural gas compression, while Eni emphasizes liquefied natural gas, which is crucial for the global energy transition [5][6] - NextDecade is expanding its liquefaction capacity in the LNG market, responding to the growing demand for natural gas as a cleaner fuel [7]
Here's Why EOG Resources is an Attractive Investment Bet Now
ZACKS· 2025-03-07 14:30
EOG Resources, Inc. (EOG) , a leading exploration and production company, has witnessed three upward earnings estimate revisions for 2025 in the past seven days.Factors Working in Favor of EOGWest Texas Intermediate crude is trading above the $65 per barrel mark, which is still favorable for upstream operations. EOG Resources, currently carrying a Zacks Rank #2 (Buy), is well-placed to capitalize on the promising business scenario. It has significant undrilled premium locations, resulting in a brightened pr ...
3 Top Oil Stocks to Buy With Crude Hovering Around $70 a Barrel
The Motley Fool· 2025-03-04 10:02
Core Viewpoint - Crude oil prices have remained stable around $70, supported by OPEC supply decisions, economic growth, and geopolitical concerns, making it an ideal environment for top oil stocks to generate cash flow [1][11]. Company Summaries ConocoPhillips - ConocoPhillips has transformed into a low-cost oil producer, selling higher-cost assets and acquiring lower-cost resources, culminating in a $22.5 billion acquisition of Marathon Oil, adding over 2 billion barrels of resources with an average supply cost below $30 [3][4]. - The company plans to invest $12.9 billion in capital projects while returning $10 billion to shareholders through dividends and share repurchases, an increase from $9.1 billion returned last year [4][5]. Devon Energy - Devon Energy has adopted a similar strategy to ConocoPhillips, focusing on low-cost operations and recently acquiring Grayson Mill Energy, enhancing its position in the Williston Basin [6]. - The company expects to invest up to $4 billion this year, generating over $3 billion in free cash flow at $70 oil, with plans to return up to 70% of this cash flow to shareholders, prioritizing share repurchases [7][8]. EOG Resources - EOG Resources has built a low-cost production model, controlling over 10 billion barrels of oil equivalent, with an average after-tax return above 55% at $45 oil [9]. - The company estimates generating $4.7 billion in free cash flow at $70 oil after a $6.2 billion capital investment, planning to return over 100% of its free cash flow to investors through dividends and share repurchases [10]. Industry Outlook - ConocoPhillips, Devon Energy, and EOG Resources are positioned to thrive in the current oil price environment, generating substantial cash flow to support capital programs and return excess cash to shareholders, indicating strong potential for above-average total returns [11].
EOG Resources(EOG) - 2024 Q4 - Earnings Call Transcript
2025-02-28 18:30
EOG Resources, Inc. (NYSE:EOG) Q4 2024 Earnings Conference Call February 28, 2025 10:00 AM ET Company Participants Pearce Hammond - Vice President, Investor Relations Ezra Yacob - Chairman and Chief Executive Officer Ann Janssen - Executive Vice President and Chief Financial Officer Jeff Leitzell - Executive Vice President and Chief Operating Officer Keith Trasko - Senior Vice President, Exploration and Production Lance Terveen - Senior Vice President, Marketing and Midstream Conference Call Participants Ne ...
EOG Resources(EOG) - 2024 Q4 - Earnings Call Presentation
2025-02-28 15:13
4Q 2024 Earnings Presentation Pearce Hammond, Vice President IR (713) 571-4684, phammond@eogresources.com Neel Panchal, Senior Director IR (713) 571-4884, npanchal@eogresources.com Shelby O'Connor, Manager IR (713) 571-4560, soconnor@eogresources.com Sustainable Value Creation Through Industry Cycles EOG is focused on being among the highest return and lowest cost producers, committed to strong environmental performance and playing a significant role in the long-term future of energy Capital Discipline Oper ...
EOG Q4 Earnings Beat Estimates on Oil Equivalent Production Hike
ZACKS· 2025-02-28 15:00
EOG Resources, Inc. (EOG) reported fourth-quarter 2024 adjusted earnings per share of $2.74, which beat the Zacks Consensus Estimate of $2.55. However, earnings decreased from the year-ago quarter’s $3.07.Total quarterly revenues of $5.59 billion missed the Zacks Consensus Estimate of $5.89 billion. The top line declined from $6.36 billion in the prior-year quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Better-than-expected quarterly earnings were driven by higher oil-equival ...
Drill Deep, Flow Strong: A Combo of Upstream & Midstream Stocks to Buy
ZACKS· 2025-02-28 14:55
As oil and natural gas prices remain robust, energy companies across the value chain are set to reap the rewards. Upstream players stand to gain from strong crude pricing, driving increased exploration and production, while midstream firms benefit from rising demand for transportation and storage assets. With disciplined strategies, operational excellence and expansion initiatives, EOG Resources (EOG) and Enterprise Products Partners (EPD) are poised for a significant upside in this thriving energy landscap ...
EOG Resources (EOG) Q4 Earnings Top Estimates
ZACKS· 2025-02-27 23:40
EOG Resources (EOG) came out with quarterly earnings of $2.74 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to earnings of $3.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.45%. A quarter ago, it was expected that this oil and gas company would post earnings of $2.73 per share when it actually produced earnings of $2.89, delivering a surprise of 5.86%.Over the last four quarters, the c ...