Silver Oak Securities Incorporated possesses a significant stock position in EOG Resources, Inc.. Investment firm Harbour Trust & Investment Management Co. also acquired significant shares while U.S. Capital Wealth Advisors and Kessler Investment Group sold their holdings. EOG Resources quarterly profit reportedly fell due to reduced oil prices, although it has frequently outperformed competitors. The company appears to have a strong future, with increased Ohio Utica spending planned and talks with BP in progress to develop a gas field in Trinidad. The consensus among brokerages is to 'Hold' and the company expects increased output by '24. Despite its stock price being undervalued, there's scope for long-term value. The company's organic growth and expansion into Ohio's Utica Shale Activity are also noteworthy.
Eog Resources EOG News Analytics from Thu, 22 Feb 2024 08:00:00 GMT to Sat, 26 Oct 2024 09:40:36 GMT -
Rating 4
- Innovation 5
- Information 6
- Rumor 8