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EOG

EOG Resources, Inc.

5/22/2013, 4:54 AM ET

Quote & Headlines Market Currents StockTalk

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Tuesday, May 7, 2:40 PM EOG Resources (EOG +7.7%) is upgraded to Buy from Hold with a $150 price target at Stifel Nicolaus following a strong Q1 report. The firm believes the drivers behind the Q1 beat will result in 2013 production growth coming in at the high end of EOG's unchanged production guidance range, improved 2014 outlooks, and approaching neutral free cash flow sooner than previously expected. Comment! [Energy, Quick Ideas, On the Move]
Tuesday, May 7, 11:51 AM EOG Resources (EOG +16.9%) tops energy stocks on the S&P 500 after a strong Q1 beat and a rosy five-year outlook. “EOG leads its peers in organic production growth and financial flexibility,” Oppenheimer's Fadel Gheit says, adding that EOG continues to optimize drilling of its core plays while expanding into new areas in the Permian and Williston basins. Comment! [Energy, On the Move]
Monday, May 6, 6:12 PM More on EOG Resources' (EOG) Q1 results: Total production +6% to 475K boe/day; crude oil production +33%. Targeting peer-group leading high growth rates of crude production for 2013-17; says its "outstanding asset base allows us to define long-term production gains with confidence because these onshore domestic assets are largely underpinned by high rate-of-return crude oil growth." Shares +3.3% AH. Comment! [Energy, Earnings, On the Move]
Monday, May 6, 5:19 PM EOG Resources (EOG): Q1 EPS of $1.80 beats by $0.62. Revenue of $3.36B beats by $0.32B. (PR) 3 Comments [Earnings, Breaking News]
Monday, May 6, 12:10 AM Notable earnings after Monday’s close: ALNY, AMTG, APC, ARRY, BSFT, CECO, CHUY, DPM, ENOC, EOG, FSLR, FST, FTR, GDP, GSM, GWAY, HIMX, HOLX, LGCY, MELI, MKTG, MMLP, MR, NOG, NRP, OTTR, PAA, PEGA, PNG, RKUS, SGY, SMG, SNTS, STAG, VNO, WMS Comment! [Earnings]
Sunday, May 5, 5:35 PM Notable earnings after Monday’s close: ALNY, AMTG, APC, ARRY, BSFT, CECO, CHUY, DPM, ENOC, EOG, FSLR, FST, FTR, GDP, GSM, GWAY, HIMX, HOLX, LGCY, MELI, MKTG, MMLP, MR, NOG, NRP, OTTR, PAA, PEGA, PNG, RKUS, SGY, SMG, SNTS, STAG, VNO, WMS Comment! [Earnings]
Friday, May 3, 5:51 PM EOG Resources (EOG) declares $0.1875/share quarterly dividend, in line with previous. Forward yield 0.60%. For shareholders of record July 17. Payable July 31. Ex-div date July 15. (PR) Comment! [Dividends]
Thursday, May 2, 11:57 AM EOG Resources (EOG +0.6%) could see 25% annual oil production growth in coming years, and its stock trades at cheaper multiples than rivals, RBC says as it adds EOG to its "energy best ideas" list. The firm also adds Oceaneering (OII +2.3%); it boots Helmerich & Payne (HP +1.9%) and Precision Drilling (PDS +1%), whose U.S. rig counts have not risen as quickly as expected, as well as Continental Resources (CLR -0.8%). Comment! [Energy, Quick Ideas, On the Move]
Tuesday, April 30, 11:19 AM Chesapeake Energy (CHK), moving forward from controversies and focusing on its core natural gas business, leads the list of U.S. oil and gas E&P stocks Jefferies thinks will exceed Wall Street earnings estimates. The firm's other top energy picks: CLR, DVN, EOG, GPOR, MTDR, OAS, PVA, SFY. 1 Comment [Energy, Quick Ideas]
Friday, April 5, 5:45 PM A recent report from Barclays highlights energy stock opportunities from around the world, with expectations running especially high for U.S. refiners such as VLO and TSO despite losses this week. U.S. E&P companies expected to do well are EOG, NBL and APC. CVX is cheaper than integrated rivals, and SU offers top risk-reward potential. In Asia, go-to names are PTR and SNP. 1 Comment [Energy, Global & FX, Quick Ideas]
Tuesday, March 26, 5:45 PM After-hours top gainers, as of 5:15 p.m.: MXWL +9%. SAI +4%. OWW +3%. SPLK +3%. SUPN +3%.
After-hours top losers: LNDC -8%. ACMP -4%. EOG -4%. PXD -3%. LOGM -3%. 1 Comment [On the Move]
Monday, March 25, 3:59 PM EOG Resources (EOG) is the unnamed company teaming with ZaZa Energy (ZAZA) to develop assets in Texas' Eaglebine trend, an SEC filing says. For acreage 100% owned by ZaZa, EOG will be the operator and earn a 75% working interest, while ZaZa will retain 25%; for acreage currently owned 75% by ZaZa and 25% by Range Resources (RRC), EOG will earn 50% while ZaZa and RRC each will retain 25%. 1 Comment [Energy]
Thursday, March 7, 10:23 AM EOG Resources (EOG) is pursuing new projects to bolster its rising U.S. onshore liquids output but, as the largest Eagle Ford producer and a growing presence in the Bakken and Permian plays, has plenty on its plate already. Oppenheimer raises its target price to $145 from $130 to reflect EOG's oil production growth, which averaged 39% last year and is expected to increase 28% this year. Comment! [Energy]
Friday, February 15, 12:02 PM Natural gas names such as Chesapeake (CHK -1.4%), Petroquest (PQ -3.8%) and EOG (EOG -2.7%) slump after experts say the Marcellus Shale gas boom will slow this year as drillers wait for pipelines to expand, new markets to develop and wholesale prices to rise. Hiring has tapered off, a big difference from recent years when production soared and companies spent billions on leases, well drilling and infrastructure. 6 Comments [Energy, On the Move]
Thursday, February 14, 5:35 PM EOG Resources (EOG) suffered a reversal of fortunes through the trading day, from being one of the top gainers early to finishing in the red. Q4 results beat expectations, and investors were rewarded with a dividend increase, but Simmons analysts say much of EOG's positive news has been discounted in the stock after gaining nearly 20% in four months. 2 Comments [Energy]
Wednesday, February 13, 11:25 PM EOG Resources, Inc. (EOG) declares $0.1875/share quarterly dividend, 10% increase from prior dividend of $0.17. Forward yield 0.56%. For shareholders of record Apr. 16. Payable Apr. 30. Ex-div date Apr. 12. (PR) Comment! [Dividends]