46.34 -0.03 (-0.06%)
After hours: 5:48PM EDT
|Bid||45.52 x 800|
|Ask||46.77 x 800|
|Day's range||45.91 - 47.07|
|52-week range||27.00 - 89.54|
|Beta (5Y monthly)||1.97|
|PE ratio (TTM)||12.77|
|Forward dividend & yield||1.50 (3.20%)|
|Ex-dividend date||16 Jul 2020|
|1y target est||N/A|
Top Ranked Income Stocks to Buy for August 3rd
EOG Resources (EOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
It looks like EOG Resources, Inc. (NYSE:EOG) is about to go ex-dividend in the next three days. You can purchase...
Crude prices cratered more than 30% during the first half, which doesn't even describe the intense volatility as oil went negative before staging an epic rebound. This slump forced several oil companies to file for bankruptcy protection while putting many more on the brink. Three top oil stocks poised to benefit from this rebound are EOG Resources (NYSE: EOG), Enbridge (NYSE: ENB), and Magellan Midstream Partners (NYSE: MMP), making them top buys right now.
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.
Improving oil prices convince many upstream companies to remove the self-imposed cap and restart well production, says ConocoPhillips (COP).
The Zacks Analyst Blog Highlights: EOG Resources, Parsley Energy, Concho Resources, Exxon Mobil and Devon Energy
With the supply side showing signs of stabilization, the demand side of the market is needed to play a pivotal role in pushing crude prices above $50 per barrel from the current level of around $40.
As crude prices plunged, Parsley Energy (NYSE: PE) pressed regulators in Texas to enact a coordinated production cut to help ease the growing oil storage glut. For example, WPX Energy reaffirmed its plan to exit this year operating six rigs.
The Zacks Analyst Blog Highlights: Diamondback Energy, Cimarex Energy, Pioneer Natural Resources, EOG Resources and Parsley Energy
The Zacks Analyst Blog Highlights: Halliburton, Baker Hughes, EOG Resources, Parsley Energy and Pioneer Natural Resources
Oil prices have been crazy volatile this year. West Texas Intermediate, the primary U.S. oil price benchmark, started 2020 in the mid-$60s. Many oil market watchers believe that crude could have much further to run.
The Zacks Analyst Blog Highlights: Diamondback Energy, EOG Resources, Pioneer Natural Resources, Valero Energy and HollyFrontier