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Why EOG Resources Stock Tumbled Nearly 40% in the First Half of 2020

Why EOG Resources Stock Tumbled Nearly 40% in the First Half of 2020

Shares of EOG Resources (NYSE: EOG) slumped 39.5% during the first half of 2020, according to data provided by S&P Global Market Intelligence. The main factor weighing on the oil stock was the upheaval in the oil market. Crude oil prices got clobbered during the first half of 2020.