Franklin Resources Inc. has sold 203,013 shares of
EOG Resources, Inc., further showing a drop in its position in the company, amidst insider selling by executives who have also cashed in on EOG Resources stocks. Maintaining a hold strategy is recommended based on
EOG Resources producing upbeat dividends. EOG Resources has caught the interest of billionaires, tagging it as one of the best Oil and Gas Dividend Stocks. Funds such as Wellington Management Group LLP, Geode Capital Management LLC, and Alliancebernstein L.P. have been adjusting their holdings in EOG. EOG's stock hit a 52-week low at $115.7, reflecting market conditions. EOG Resources has been in partnership with
TETRA TECHNOLOGIES, INC. for the launch of a pilot project on produced water re-use a tie-up that looks promising. EOG Resources, despite beating reports on fourth-quarter profit failed to impress with a lowered 2025 free cash flow prediction. It's also suggested that
EOG Resources, Inc. has strong fundamentals but is facing high valuation issues. A concerning Q3 EPS estimate cutoff has also been made regarding EOG Resources' future. Consequently, despite some positive signals, EOG Resources' outlook appears mixed.
Eog Resources EOG News Analytics from Thu, 07 Nov 2024 08:00:00 GMT to Sat, 05 Apr 2025 20:33:40 GMT -
Rating -1
- Innovation -2
- Information 5
- Rumor -4
