Company Of The Day: EOG Resources
What?
Front-month Nymex crude oil for January delivery fell almost 4% on Monday to $76.90 per barrel.
Why?
- What’s Next For EOG Resources Stock?
- Up 7% This Year, Will EOG’s Gains Continue Following Q1 Results?
- Down 13% Since 2023, Will EOG Stock Recoup These Losses After Q4 Results?
- What To Expect From EOG’s Q3 After Stock Down 4% This Year?
- What To Watch For In EOG’s Stock Past Q2?
- What’s Next For EOG Stock?
The decline comes amid the potential implementation of a $60 per barrel price cap on Russian oil by the U.S. and concerns about continued aggressive rate hikes by the Federal Reserve.
So What?
This could potentially result in lower price realizations for major U.S. oil producers such as EOG Resources (NYSE:EOG)
See Our Complete Analysis For EOG Resources
| Returns | Dec 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| EOG Return | -10% | 44% | 26% |
| S&P 500 Return | -3% | -17% | 76% |
| Trefis Multi-Strategy Portfolio | -4% | -21% | 214% |
[1] Month-to-date and year-to-date as of 12/7/2022
[2] Cumulative total returns since the end of 2016