IFM Investors Increases Stake in EOG Resources, Inc. (EOG) as Shale Projects Advance

Group 1 - EOG Resources, Inc. is considered one of the best safe stocks to buy currently, with IFM Investors Pty Ltd increasing its position by 2.1% in the second quarter, acquiring 2,382 shares for a total of 115,513 shares valued at $13,817,000 [1] - The company is progressing well with its joint shale project with Abu Dhabi National Oil Company, which will allow EOG to develop shale resources in the UAE and Bahrain, where it has an agreement with BAPCO [2] - EOG's CEO, Ezra Yacob, highlighted the company's strong resource capture and partnerships, emphasizing the valuable product mix of natural gas assets due to the Encino integration, positioning EOG as a key player in the industry amid record natural gas demand [3] Group 2 - EOG Resources, Inc. is a Texas-based energy provider specializing in crude oil, natural gas liquids, and natural gas, founded in 1985, and is focused on creating sustainable value [4]