EOG - EOG ＥＯＧリソ―シズ （）

EOG Resources has an impressive portfolio of assets, with a mere $2 billion of net debt. Click here to see why EOG stock seems to be a valuable investment.

EOG earnings call for the period ending June 30, 2022.

EOG Resources, Inc. (NYSE:NYSE:EOG) Q2 2022 Earnings Conference Call August 5, 2022 10:00 A.M.

The following slide deck was published by EOG Resources, Inc.

(Friday Market Open) The long-awaited Employment Situation report was released before the market open and showed the economy added a lot more jobs than expected. Potential Market Movers Analysts had forecasted nonfarm payrolls to increase by 250,000 jobs—instead they were up 528,000. The unemployment rate fell to 3.5%, significantly lower than the forecasted 3.6%. Notably, the participation rate fell, which helped to increase the unemployment rate. Average hourly earnings rose 0.5% in July and 5.2% year-over-year, which were both above their respective forecasts of 0.3% and 4.9%. An increase in jobs while GDP has been falling could suggest that productivity is in decline. Productivity is an important economic indicator because it often correlates to wealth increases. Lower productivity will also make it harder for prices to come down as labor costs are likely to increase. The 10-year Treasury yield (TNX) shot up past 2.78% as investors fear the hot jobs market will prompt the Federal Reserve to be more aggressive in raising rates.

Today''s much-awaited March inflation figures showed prices rocketing at their quickest pace in more than four decades. And yet, the report appeared poised to drive stocks higher … right up until it didn''t. The Labor Department said Tuesday that March''s consumer price index (CPI) rose 8.5% year-over-year – the fastest such rate since December 2021 and ahead of broader expectations of 8.4%, though shy of Kiplinger forecasts – and 1.2% month-over-month. SEE MORE The 22 Best Stocks to Buy for 2022 There was a shred of good news in the core CPI reading, which excludes food and energy prices. Core prices grew 6.5% year-over-year, but just 0.3% month-over-month, below forecasts for 0.3% and down from February''s 0.5% rate. "Inflation optimists may take this as a sign that inflation is peaking, or has already peaked and may now begin to decline," says Andy Sparks, head of portfolio management research at index provider MSCI. Those optimists drove the major indexes to significant gains early on, but the bulls'' energy was depleted early, and selling dominated the rest of the day as Wall Street further absorbed the consumer-price figures.

(Bloomberg) — From a barbecue lunch at an LNG terminal in Texas to commercial talks near Capitol Hill, American natural gas companies are making a multi-state push to woo potential European buyers. Energy ministers, diplomats and gas importers from across Europe met with executives from shale producers Coterra Energy Inc., Devon Energy Corp., EOG Resources […]

Someone with a lot of money to spend has taken a bullish stance on EOG Resources (NYSE: EOG ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with EOG, it often means somebody knows something is about to happen. Today, Benzinga''s options scanner spotted 10 options trades for EOG Resources . This isn''t normal. The overall sentiment of these big-money traders is split between 50% bullish and 50%, bearish. Out of all of the options we uncovered, there was 1 … Full story available on Benzinga.com

EOG Resources, Inc. (NYSE:EOG) announced a special dividend on Thursday, November 4th, RTT News reports. Investors of record on Wednesday, December 15th will be paid a dividend of 2.00 per share by the energy exploration company on Thursday, December 30th. The ex-dividend date is Tuesday, December 14th. This is an increase from EOG Resourcess previous []

EOG Resources (NYSE:EOG) announced that its Board of Directors has initiated a share buyback program on Thursday, November 4th, RTT News reports. The company plans to repurchase $5.00 billion in shares. This repurchase authorization allows the energy exploration company to repurchase up to 9.4% of its stock through open market purchases. Stock repurchase programs are []

EOG Resources (NYSE:EOG) posted its quarterly earnings results on Thursday. The energy exploration company reported $2.16 EPS for the quarter, topping the Thomson Reuters consensus estimate of $2.04 by $0.12, MarketWatch Earnings reports. EOG Resources had a net margin of 14.40% and a return on equity of 12.77%. The company had revenue of $4.77 billion []

EOG Resources, a top US shale producer, announced this Friday it aims to launch a carbon capture and utilization project in late 2022 to reduce greenhouse gas emissions from its oil and gas production. Firstly, the company has set a target of reaching net-zero by 2040. It is, in fact, The post EOG Resources to launch carbon capture project by late 2022 appeared first on Energy Capital Media .