EOG Resources, an American petroleum and natural gas company, has been the center of investors and analysts' attention in the market. The company's stock seems to have shown both incline and decline suffering some losses despite an overall outperforming trend. Major
asset management firms like 1832 Asset Management, CreativeOne Wealth, and UniSuper Management have expanded their portfolio investing in EOG. In addition, O Shaughnessy Asset Management and Montag A & Associates have also increased their share of EOG. Despite this, insider sell-offs have occurred with Chairman & CEO Ezra Yacob and EVP & COO Jeffrey Leitzell being notable personnel. The retirement of
President Billy Helms after a four-decade career has also ensued. Despite falling quarterly profits due to lower oil prices, EOG is expected to see earnings growth, with Q2 2024 and Q1 2025 EPS estimates issued by Zacks Research. A Strategic SWOT Insight suggests that an
investment of $4.2 billion will be implemented into drilling and exploration operations in 2024. BP and EOG are set to develop a major Trinidad Gas Field by 2026. While the company's strategy to reward shareholders, its sector value, and the positive outlook held by analysts suggests EOG's potential for investors.
Eog Resources EOG News Analytics from Mon, 06 Nov 2023 13:46:27 GMT to Sun, 28 Jul 2024 17:07:41 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -2
