EOG Resources Is Returning Cash to Shareholders

The energy sector has gotten off to a slow start in 2024. Despite oil's bounce off the $70 mark amid geopolitical tensions in the Red Sea and domestic natural gas prices that have risen with cold weather moving through, investors have reverted to mega-cap tech to start the year. That leaves some domestic oil and gas companies as attractively valued, particularly after weakness late in 2023. I see shares of EOG Resources Inc. (EOG, Financial) as undervalued. The company remains committed to returning capital ...