Mercados españoles cerrados en 3 hrs 57 min

EOG Resources, Inc. (EOG)

NYSE - NYSE Precio demorado. Divisa en USD
Añadir a la lista de favoritos
100,91-3,91 (-3,73%)
Al cierre: 04:00PM EDT
101,40 +0,49 (+0,49%)
Antes de la apertura: 07:33AM EDT
Inicia sesión para publicar un mensaje.
  • C
    Citizen
    $OVV conversation
    erratic oil and stock price volatility will not entice a lot of production growth from companies which ultimately is bullish for WTI/Henry Hub. At this point they will prioritize stock buybacks and dividends over growing production .... $OVV $FANG $DVN $EOG $CHK $AR $CPE $LPI
  • C
    Citizen
    $OVV conversation
    Sell off has abandoned all fundamentals. $OVV $FANG $DVN $EOG $CHK $AR $CPE $LPI are trading at prices as if long term oil and gas prices are below 60$ oil and 2.5$ gas. The divi and share buybacks will be enormous relative to current prices ......
  • C
    Citizen
    $AR conversation
    At this point you got to invest for the coming increasing shareholder yield. The market is just trading on sentiment which while unsettling is divorced from fundamentals where the oil and gas names are concerned.
    $CHK $AR $LPI $CPE $ESTE $OVV $FANG $EOG $DVN $PDCE All of these names currently trading as if long term oil and gas will be 60$ and 3$ respectively ......
  • D
    Dominator
    $BTE.TO conversation
    The shorts on these oil producers are about to be crushed. A lot of millionaires are going to be made. Oil is headed for 150.

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY $USO $NRGU $CNQ
  • D
    Dominator
    $BTE.TO conversation
    Let’s get ready to rumble. Shorts are going to get crushed in the energy sector. Demand for oil is now beating prior Covid demand. How many of your friends have been on a trip by plane in the past 30 days? Have we ever seen such incompetence by governments to turn green? The answer is it’s impossible for another 100 years and even that might be a long shot. Stay long and strong! Black golds going to be making us a lot of money.

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY $USO $NRGU $CNQ $SBOW $OAS $SD
  • C
    Citizen
    $DVN conversation
    Back at pre war levels. Impressive ! with oil still at 100+ and gas still at 6+ ......
    $EOG $FANG $DVN
  • D
    Dominator
    $BTE.TO conversation
    We have an energy crisis on our hands and I’m in love with it. Not sure how they will ever catch up!!
    Crude: -2.445M
    Cushing: -3.071M
    Gasoline: -5.102M
    Distillates: +1.075M

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY $USO $NRGU $CNQ
  • D
    Dominator
    $BTE.TO conversation
    Oil Stock/future owners,
    The price of oil is being manipulated to the hedge funds can try to buy in. With all the tension around the world, lack of supply, investment we are headed to the greatest value play bull market energy shock we have ever seen in history. EU is going to cut off all Russian oil this week or next. Our valuations are still extremely low and have enormous upside. Get your friends and family in so their money can continue to grow. Let’s make some money!

    $BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY $USO $NRGU
  • D
    DANIEL
    $CPE conversation
    What is the impact of high inflation and a strong dollar on oil stocks?

    High Inflation: Oil stocks become more desirable to investors as a protection against inflation. "Energy stocks have the best track record during periods of rising consumer prices" (Financial Post, Feb 21, 2021).

    Strong Dollar: This normally means lower commodities prices (including oil). However, two factors will make it different this time (1) the unprecedented underinvestment in oil leading to tight supply while demand continues to be strong, and (2) COVID-driven high inflation is a global phenomenon, not only in the US. When that happens, there is a flight to safety from various currencies to the US dollars, making USD stronger as it is happening now. So, the current strong dollar is extraordinary.

    Feel free to add your thoughts.

    $OXY $RIG $OIH $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $KMI $HAL $SLB $PXD $MRO $CEI $DVN $KOS
  • D
    DANIEL
    $OXY conversation
    Fri, Sep 24, 2021: Goldman raised its 2023 oil price forecast from $65 to $85, and the mid-cycle valuation oil price to $70 as it sees a "sustainably higher long-dated oil prices". This projection assumes April 2022 for the Iran deal.

    Oil companies will continue to be cash machines with paid-off debts at these prices.

    $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG

    Source: https://www.nxtmine.com/news/articles/economics/goldman-raises-year-end-oil-price-target-to-90/
  • D
    DANIEL
    $OIH conversation
    Bloomberg: "Oil & Gas Stock ETFs Are Attracting Most Money in a Decade"

    Money is flowing into exchange-traded funds focused on U.S. oil and gas stocks at the highest rate in a decade, yet another sign of renewed investor interest in the shale industry.

    Almost $18 billion has poured into U.S. energy-stocks ETFs so far in 2021, more than in any of the previous 10 years and nearly triple the amount seen in the first half of 2020, according to data compiled by Bloomberg.

    ETFs focused on energy stocks have so far returned a median 43% in 2021, more than any other industry.

    https://www.bnnbloomberg.ca/oil-gas-stock-etfs-are-attracting-most-money-in-a-decade-1.1625966

    GLTA longs!

    $OIH $XOM $CVX $SU $OXY $VET $CPE $RIG $EOG $CNQ $LPI $CLR $CDEV $CPG
  • G
    Grateful
    $CPE conversation
    REMEMBER HOW THE BRILLIANT EUROPEANS WERE GOING ALL IN ON WIND AND SOLAR?
    Gas Is So Scarce in Europe That Coal Is Making a Comeback

    Vanessa Dezem, Jesper Starn and Isis Almeida: Tue, June 15, 2021, 2:00 AM
    (Bloomberg) --

    Europe is so short of natural gas that the continent -- usually seen as the poster child for the global fight against emissions -- is turning to coal to meet electricity demand that is now back to pre-pandemic levels.

    Coal usage in the continent jumped 10% to 15% this year after a colder- and longer-than-usual winter left gas storage sites depleted, said Andy Sommer, team leader of fundamental analysis and modeling at Swiss trader Axpo Solutions AG. As economies reopen and people go back to the office, countries like Germany, the Netherlands and Poland turned to coal to keep the lights on.

    Europe has long been at the forefront of the battle to reduce global warming. The continent has the world’s largest carbon market, charging the likes of utilities, steel producers and cement makers for polluting the environment. But even with record carbon prices this year, low gas reserves mean burning coal -- the dirties of fossil fuels -- has become more widespread again.

    “Energy demand has been pretty strong in Europe and we have seen a recovery from the pandemic,” Sommer said in an interview. “Gas storage is so low now that Europe cannot afford to run extra power generation with the fuel.”

    The return of coal is a setback for Europe ahead of the climate talks in Glasgow later this year. Leaders of the world’s biggest economies failed to set a firm date to end coal burning at the meeting of the Group of Seven at the weekend in Cornwall, U.K.

    Europe faced freezing temperatures earlier this year, boosting demand for heating at a time liquefied natural gas cargoes were being sent to Asia instead. Russia sent less gas to the continent via Ukraine ahead of the start of the Nord Stream 2 link to Germany, expected later this year.

    All of that mean that European storage is currently 25% below the five-year average and benchmark Dutch gas surged more than 50% this year. Futures are currently trading near their highest level for this time of the year since 2008.

    “People thought Russia was going to book more capacity via Ukraine and that just hasn’t happened in a meaningful way,” said Trevor Sikorski, head of natural gas and energy transition at consultants Energy Aspects in London. “The market is super tight, it’s trying to get less gas into power.”

    Electricity demand, which crashed as the coronavirus locked down cities from Frankfurt to London, is now back. Usage in countries including Germany, Spain and the Czech Republic are above the five-year average, while demand is flat in Italy and France, Morgan Stanley said in a report Monday.

    With gas supplies already tight amid heavy maintenance cutting flows from Norway, utilities have turned to coal to keep the lights on. While the price of carbon is trading near a record, many have hedged it years in advance. That means burning coal could still be profitable.

    Generators with “highly efficient” new plants can probably manage to produce power from coal until 2023, even with high carbon prices, Axpo’s Sommer said.

    The G-7 recognized that coal is the single biggest cause of greenhouse gas emissions in its final communique. But the group promised only to “rapidly scale-up technologies and policies that further accelerate the transition away from unabated coal capacity.”

    “It’s not a great a message to be sending,” said Ursula Tonkin, portfolio manager of the Whitehelm Capital Low Carbon Core Infrastructure Fund, the Australia-based company that has $4.4 billion of assets under management in all of its funds.

    While it would be “fantastic” if politicians came to a deal, coal is likely to be phased out anyway by 2030, 2035, said Tonkin. “Politics are important, but you also have the economics of the transition really kicking in within that timeframe,” she said.
    DIAMOND HANDS!
    I
    I
    I
    I
    $CDEV $XEC $SM $MTDR $SU $OXY $MRO $LPI $KOS $VET $CVX $XOM $SUN $WLL $OAS $EOG $COG $APA
  • D
    DANIEL
    $OXY conversation
    Headline: "Gas Prices In Europe Are Now The Equivalent Of $205 Oil"

    "The energy crisis continues to worsen, and there is no immediate relief in sight, analysts say"

    At that price for nat. gas, oil at $80 is basement-price cheap, so oil demand will only go up. The US is now importing 7 million barrels of crude A DAY!

    Glad I skewed portfolio heavily to O&G from March 2020; this is where massive growth will be over the next 18+ months.

    https://oilprice.com/Energy/Gas-Prices/Gas-Prices-In-Europe-Are-Now-The-Equivalent-Of-205-Oil.html

    $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG
  • D
    DANIEL
    $OXY conversation
    "While Russia is said to now be leading the charge in trying to close divisions between the UAE and OPEC, oil may find support in what is shaping up to be yet another massive US (crude) stock draw: 8 million barrels for the week ended July 2, according to API..."

    https://shipandbunker.com/news/world/188093-oil-plunges-again-despite-unlikelihood-of-calamity-following-stalled-opec-talks

    The Russian economy, like all OPEC+ countries, rely on oil to fund their economies. This spat is costing them about $5 per barrel - Do the math - It translates to huge daily losses for OPEC+ (not paper loss from holding oil stocks). The issue will be resolved soon, oil will continue its march towards >$80 and oil stocks will rise in tandem. GLTA!

    $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG
  • K
    Kermit
    Cenovus Energy Inc.
    Demand is coming back faster than supply and we're going to need more supply to meet that demand," said Phil Flynn, senior analyst at Price Futures Group in Chicago.

    The International Energy Agency (IEA) said in its monthly report that the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, would need to boost output to meet demand set to recover to pre-pandemic levels by the end of 2022.

    "OPEC+ needs to open the taps to keep the world oil markets adequately supplied," the Paris-based energy watchdog said.

    $SU $CNQ $ENB $COP $BP $OXY $VET $XOM $TOT $CVX $MPC $EOG $CLR $EPD $E $KMI $PSX $HAL $PTR $SNP $WMB $BKR $EC $IMO $CQP $MMP $TRP $XOG
  • D
    DANIEL
    $OXY conversation
    WTI's weekly chart shows a "Golden Cross" - Only done that TWICE in 20 years!

    It is indicative of 20% to 50% oil price rally in the horizon.

    "A golden cross occurs when an asset’s shorter-term moving average crosses above its longer-term moving average and is broadly seen as a signal of further upside."

    $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG

    Source: https://www.cnbc.com/2021/08/26/oil-has-only-done-this-twice-in-20-years-it-could-mean-a-50-percent-rally.html
  • D
    DANIEL
    $OXY conversation
    BREAKING NEWS: OPEC says "oil will grow sharply in the next few years" until it plateaus in 2035.

    There are also "signs some OPEC+ producers are unable to pump more due in part to a lack of investment".

    Summary: Demand is going up + Supply is deficient = Cash-rich oil patch for years to come.

    https://uk.finance.yahoo.com/news/opec-sees-oil-demand-rebounding-123624824.html

    $OXY $CPE $RIG $OIH $SU $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG
  • G
    Grateful
    $CPE conversation
    Oil demand at new record as inventory rapidly declines
    Thu, July 8, 2021, 3:17 PM
    Pavel Molchanov, Raymond James Energy Analyst, joins Yahoo Finance to discuss the OPEC+ meeting, demand in oil, and oil production.

    This is an excellent Video Transcript

    - I want to ask about US crude, if you think that we could see an uptick there in that production.

    PAVEL MOLCHANOV: Well as far as supply in the US and, indeed, just about anywhere outside of OPEC, that's not likely at all in the next six months. Capital budgets across the board this year by oil companies are the lowest they've been in decades. Maybe that will change in '22. We will find out at the end of the year.But as it stands, we're not looking for US supply or Brazilian supply or North Sea supply to pick up for quite a while. The entire industry is so fixated on discipline-- capital discipline, supply discipline. So OPEC countries have the ability to ramp production back up at their discretion, but in the US the rig count is at a level where there's just not going to be production growth in the foreseeable future.

    - And just last one for you here. I think this is the question that so many folks are really wondering because a lot of consumers have been paying a lot of attention to what's been happening to oil lately because they've been feeling the pain at the pump, so to speak. So let's just ask, how much longer you think that that could continue?

    PAVEL MOLCHANOV: Well, I'll take a step back and say that US consumers actually have it really good when it comes to fuel prices, globally speaking. Yes, of course, prices are higher than they were a year ago or two years ago. But compared to what their counterparts pay across Europe, in Japan and Australia, it's much cheaper. Even in California, the most expensive gasoline, it's cheaper.So if demand gradually recovers to pre-COVID levels by, let's say, next summer and OPEC continues to ramp production back up, we think that the price of crude, the main determinant of gasoline, obviously, will be flattish to slightly up from current levels. And it's worth pointing out, the commodity market is actually signaling that prices will go down from current levels. We disagree. We think prices are more likely to be higher, not dramatically, but maybe a little higher by the end of the year than they are today.
    I
    I
    I
    I
    $CDEV $XEC $SM $MTDR $SU $OXY $MRO $LPI $KOS $VET $CVX $XOM $SUN $WLL $OAS $EOG $COG $APA $RIG $CVEO
  • D
    DANIEL
    $OXY conversation
    "The breakeven price for oil in many OPEC nations' budgets is between $70 and $75 a barrel — meaning they are only now just breaking even."

    "OPEC is not interested in pushing prices back down to $60 a barrel. They have zero interest."

    - Francisco Blanch, Head of Global Commodities at Bank of America

    So, OPEC+ won't rock the boat and supply will remain tight while demand continues to increase. Good news for oil stocks.

    https://www.cnn.com/2021/11/03/business/gas-prices-oil-opec/index.html

    $OXY $CPE $RIG $OIH $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $KMI $HAL $SLB $PXD $MRO $CEI $DVN $KOS
  • K
    Kermit
    Cenovus Energy Inc.
    "Even if Iran is able to add to global supply, Goldman Sachs (NYSE:GS) still feels confident about the oil market."
    "Even aggressively assuming a restart in July, we estimate that Brent prices would still reach $80 per barrel in fourth quarter 2021," the bank said in a note.

    Goldman Sachs sees it now. $80 is in my opinion a conservative estimate.

    $SU $OXY $CNQ $ENB $COP $PSX $BP $XOM $CVX $MMP $EPD $LNG $EOG $DVN $FANG $PDCE $WLL $ERF