EOG Resources (EOG) has been under the spotlight lately, witnessing mixed opinions from analysts and financial institutions. A
TETRA Technologies collaboration that includes launching a desalination pilot and a
produced water re-use project in the Permian Basin garnered attention. Nevertheless, several institutions, including Mizuho, downgraded EOG due to lower cash margins amid weakening oil productivity. Concurrently, institutions such as Level Four Advisory Services, denkapparat Operations GmbH, and NEOS Investment Management enhanced their shares in the company. The Q1 and
Q3 EPS estimates for EOG were reduced by analysts, while price targets were lowered by Mizuho and Morgan Stanley. The company is eyeing a gas exploration opportunity in Bahrain as their Q1
2025 results approach. Despite the challenges, EOG has retained interest among several investment firms, but also seen shares sold by a few institutions. Amidst speculations, EOG Resources continues its exploration and share buyback initiatives while delivering reasonable profits.
Eog Resources EOG News Analytics from Thu, 07 Nov 2024 08:00:00 GMT to Sat, 29 Mar 2025 12:10:57 GMT -
Rating -2
- Innovation 3
- Information 7
- Rumor -4
