EOG Resources(EOG)
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EOG Resources Poised to Report Q1 Earnings: Here's What You Need to Know
ZACKS· 2025-04-28 14:15
EOG Resources, Inc. (EOG) is set to report first-quarter 2025 results on May 1, after market close.In the last reported quarter, its adjusted earnings of $2.74 per share beat the Zacks Consensus Estimate of $2.55, primarily driven by higher production volumes. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)EOG’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 5.95%. This is depicted in the graph below: Estimat ...
Will EOG Resources (EOG) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-04-17 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider EOG Resources (EOG) . This company, which is in the Zacks Oil and Gas - Exploration and Production - United States industry, shows potential for another earnings beat.This oil and gas company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an aver ...
OPEC Revises Oil Demand Outlook Amid Shifting Market Trends
ZACKS· 2025-04-15 14:05
The latest monthly report from OPEC shows that the cartel has revised its global oil demand growth forecast for 2025 downward for the first time since December, now projecting an increase of 1.3 million barrels per day (bpd) — 150,000 bpd less than previous estimates. The revision stems largely from slower-than-expected consumption and new U.S. tariffs that have rattled trade dynamics and economic sentiment globally. As President Trump ramps up tariff measures, including a 125% levy on Chinese imports, inve ...
Strength Seen in EOG Resources (EOG): Can Its 8.7% Jump Turn into More Strength?
ZACKS· 2025-04-10 16:55
Company Overview - EOG Resources (EOG) shares increased by 8.7% to close at $114.05, following a significant trading volume compared to normal sessions, despite a 15.7% loss over the past four weeks [1] - The company's financial performance is closely linked to oil and gas prices, which have recently seen a rise due to broader market movements [2] Market Context - Oil prices rose nearly $3 per barrel, while natural gas prices increased by almost 10%, contributing to the stock's surge [2] - The rally in oil prices was influenced by President Trump's decision to implement a 90-day pause on "reciprocal" tariffs for most countries, although a reduced tariff rate of 10% remains in place amid ongoing U.S.-China trade tensions [2] Earnings Expectations - EOG Resources is expected to report quarterly earnings of $2.76 per share, reflecting a year-over-year decline of 2.1%, with revenues projected at $5.88 billion, down 4% from the previous year [3] - The consensus EPS estimate for EOG has been revised 6% lower over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] Industry Comparison - EOG Resources is part of the Zacks Oil and Gas - Exploration and Production - United States industry, where another company, APA, saw a 19.1% increase in its stock price, closing at $16.71, despite a -26.9% return over the past month [4] - APA's consensus EPS estimate has changed by -10.2% over the past month to $0.80, representing a 2.6% increase from the previous year [5]
EOG Resources: The Smartest Way To Play The Oil Recovery
Seeking Alpha· 2025-04-09 15:38
Core Insights - The article emphasizes the distinction between price and value in investment decisions, suggesting that true value is what investors should focus on rather than just the price they pay [1] Investment Strategies - A recommendation is made to save 10% of income consistently, regardless of the amount, highlighting the importance of paying oneself first [1] - Investors are advised to focus on their competitive advantages when choosing sectors for investment, suggesting that individuals should invest in areas where they have expertise [1] - The article discourages trading in favor of long-term investing, advocating for a strategy where investments are held until the original thesis is invalidated [1] - It is suggested that individuals should pursue what they love rather than solely focusing on high financial returns, as this can lead to greater long-term satisfaction [1]
Can EOG & COP Weather the Tariff-Induced Market Uncertainty?
ZACKS· 2025-04-09 14:01
Oil prices have recently fallen to their lowest level in over four years, with the price of West Texas Intermediate crude currently trading below $57 per barrel. Concerns about slowing energy demand due to the escalating trade war between the United States and China are weighing on the price of the commodity. Amid the ongoing uncertainty and low commodity pricing scenario, can upstream majors like EOG Resources Inc (EOG) and ConocoPhillips (COP) weather the storm? Low Breakeven Cost & Strong Balance Sheet t ...
4 Prominent Permian Basin Stocks Worth Keeping on Your Radar
ZACKS· 2025-03-31 14:10
EOG Resources holds a dominant position in the Delaware Basin, utilizing advanced drilling techniques to maximize well productivity and returns. In 2024, its Permian assets drove 3% oil production growth and an 8% increase in total volumes. By leveraging proprietary technology and self-sourced materials, EOG maintains a breakeven price in the low-$50s, ensuring consistent free cash flow and attractive shareholder returns. ExxonMobil has doubled its Permian production since 2019, further solidifying its pres ...
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
Group 1 - EOG Resources, Inc. will host a conference call and webcast to discuss first quarter 2025 results on May 2, 2025, at 9 a.m. Central time [1] - A live webcast of the conference call will be accessible on the Investors/Events & Presentations page of the EOG website, with a replay available for one year [1] - For inquiries, contact Angie Lewis at 713-651-6722 [1] Group 2 - EOG Resources, Inc. is one of the largest crude oil and natural gas exploration and production companies in the United States, with proved reserves in the United States and Trinidad [2] - More information about the company can be found on their website [2] Group 3 - Investor contacts include Pearce Hammond, Neel Panchal, and Shelby O'Connor, with respective phone numbers provided [3] - Media contact is Kimberly Ehmer, with a provided phone number [4]
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]