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Perhaps our headline is slightly misleading. EOG is not the modern equivalent of Jed Clampett walking along and seeing crude bubbling up out of the ground (as in the fictional The Beverly Hillbillies show of the 1960s with the "Ballad of Jed Clampett" that says, "Oil that is, black gold, Texas tea."). What EOG and
Nomura Asset Management Co. Ltd. raised its stake in EOG Resources, Inc. (NYSE:EOG – Free Report) by 7.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 439,397 shares of the energy exploration company’s stock after purchasing an additional 31,011 shares […]
Stack Financial Management Inc grew its holdings in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 0.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 149,676 shares of the energy exploration company’s stock after buying an additional 407 […]
Earnings beats haven’t been rewarded, but the stock market rose to a new high anyway.
There were 23 new permits issued to drill in the Marcellus/Utica during the week of Jan. 8-14, versus 18 permits issued for the prior week. Pennsylvania issued 13 new permits last week. Ohio issued just 2 new permits. West Virginia issued 8 new permits --- for the second week in a row. EQT scored the