Global Intelligence ​Trust
Menu

EOG: EOG Resources [NYSE]

10/10/2016

0 Comments

 
EOG Resources is one of the United States' largest non-integrated crude oil and gas companies, with reserves in the United States, the United Kingdom, Trinidad and China. Listed under the New York Stock Exchange (NYSE), the company is traded under EOG and attempts to earn the best rates of return on the market. By controlling operating expenses and capital costs, and maximizing output from reserves, EOG Resources successfully increases cash flow throughout each unit of production. Utilizing a cost-effective basis, the company focuses on its long-term shareholders and secure balance sheet. In 2015, EOG held reserves of 2,118 million barrel of oil equivalent, with 97% of the reserves in the United States (1).
    
As a general stock, oil E&P (exploration & production) companies have contrasting environments when compared to their risk-tolerance. The stocks themselves are very volatile and risky, yet they exist in a low-price energy environment. Likewise, when barrels reach a low of $50, the stocks have relatively weak cash flows and high debt levels. With current gas prices at a low, the OPEC deal will bring up the price per barrel, thus bringing up the stock. EOG in particular is a key stock that will play a role in this change. As an exploration and production company, EOG has well-performing assets, and has recently acquired Yates Petroleum, which will boost production 5%. With a debt to capital ratio of 33%, it is a reasonable investment even before demand begins to ramp up production (2). The stock is currently valued at $97.38, up $2.24 (currency on USD).
​

(1) http://www.eogresources.com
 
(2) Duggan, Wayne. "3 Oil Stocks to Claim After OPEC Deal." InvestorPlace. N.p., 5 Oct. 2016. Web. 5 Oct. 2016.
0 Comments



Leave a Reply.

    Author

    Picture

    Bradley Woolf

    Archives

    By Month:

    October 2016
    September 2016
    August 2016
    July 2016

    Categories

    By Topic:

    All

    RSS Feed

    RSS Feed

Services

Intelligence
Commentary
Stocks

Company

About
​
Team

Support

Contact
Terms of Use
All content © 2015 - 2018 Global Intelligence Trust, LLC. All rights reserved.
​○ 10940 Wilshire Blvd Suite 600 Los Angeles, California 90024, USA ○
  • About Us
  • Contact Us
  • Openings
  • Intelligence
    • National >
      • Iran
      • Israel
      • Lebanon
      • Russia
      • Syria
    • Transnational >
      • Commercial Industry >
        • Agriculture
        • Communications and Computers
        • Energy
        • Finance
        • Minerals
        • Transportation
      • Conventional Weapons
      • Defense Industry >
        • Defense Comm
      • Environmental >
        • Innovations
        • Security
      • Finance and Markets >
        • Economics
        • Trade and International Business
      • Geopolitics and Risk >
        • Africa
        • Europe
      • Health >
        • Health and Security
        • Innovations
      • Missile Defense >
        • Missile Def Comm
      • Narcotics >
        • Narcotics Comm
      • Weapons of Mass Destruction >
        • Chemical Weapons
        • Biological Weapons
        • Radiological Weapons
        • Nuclear Weapons
    • Frontier >
      • Arctic >
        • Security
        • Resources
      • Cyber >
        • Civilian Cyber Threats/Uses
        • State/Military Cyber Threats/Uses
      • Space >
        • Intelligence, Surveillance, Reconnaissance (ISR)
        • Access
        • Weapons
  • Specialist Commentary
    • By Author
  • Stock Center
    • Interactive Charts >
      • Aerospace-Defense
      • Construction Services
      • Cyber
      • Energy
      • Info-Comm Tech (ICT)
      • Manufacturing
      • Waste Management
    • Market Data
  • Team
  • About Us
  • Contact Us
  • Openings
  • Intelligence
    • National >
      • Iran
      • Israel
      • Lebanon
      • Russia
      • Syria
    • Transnational >
      • Commercial Industry >
        • Agriculture
        • Communications and Computers
        • Energy
        • Finance
        • Minerals
        • Transportation
      • Conventional Weapons
      • Defense Industry >
        • Defense Comm
      • Environmental >
        • Innovations
        • Security
      • Finance and Markets >
        • Economics
        • Trade and International Business
      • Geopolitics and Risk >
        • Africa
        • Europe
      • Health >
        • Health and Security
        • Innovations
      • Missile Defense >
        • Missile Def Comm
      • Narcotics >
        • Narcotics Comm
      • Weapons of Mass Destruction >
        • Chemical Weapons
        • Biological Weapons
        • Radiological Weapons
        • Nuclear Weapons
    • Frontier >
      • Arctic >
        • Security
        • Resources
      • Cyber >
        • Civilian Cyber Threats/Uses
        • State/Military Cyber Threats/Uses
      • Space >
        • Intelligence, Surveillance, Reconnaissance (ISR)
        • Access
        • Weapons
  • Specialist Commentary
    • By Author
  • Stock Center
    • Interactive Charts >
      • Aerospace-Defense
      • Construction Services
      • Cyber
      • Energy
      • Info-Comm Tech (ICT)
      • Manufacturing
      • Waste Management
    • Market Data
  • Team