Core Viewpoint - Analysts forecast a decline in EOG Resources' quarterly earnings and revenues compared to the previous year, with earnings per share expected at $2.55, a 16.9% decrease, and revenues projected at $5.88 billion, down 7.5% year-over-year [1]. Earnings Estimates - The consensus EPS estimate has been revised 4.6% higher in the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and short-term stock performance [3]. Revenue Projections - Estimated revenues from natural gas are projected at $479.59 million, reflecting a year-over-year increase of 0.8% [5]. - Revenues from crude oil and condensate are expected to be $3.34 billion, showing a decline of 7.2% compared to the previous year [5]. - Revenues from natural gas liquids are forecasted to reach $519.77 million, indicating a 7.4% increase year-over-year [5]. - Revenues from gathering, processing, and marketing are anticipated to be $1.50 billion, representing a 2% increase from the prior year [6]. Volume Estimates - Total crude oil equivalent volumes per day are estimated at 1,098.49 million barrels, up from 1,026.2 million barrels a year ago [6]. - Total natural gas volumes per day are projected to reach 2,075.34 million cubic feet, compared to 1,831 million cubic feet in the previous year [7]. - Crude oil and condensate volumes per day are expected to be 493.75 million barrels, an increase from 485.2 million barrels year-over-year [7]. - Natural gas liquids volumes per day are projected at 259.74 million barrels, up from 235.8 million barrels in the same quarter last year [8]. - Total production is expected to reach 101.01 MBOE, compared to 94.4 MBOE in the same quarter last year [8]. Price Estimates - Average natural gas prices per mcf in Trinidad are expected to be $3.74, down from $3.81 a year ago [9]. - Average crude oil and condensate prices per bbl in the United States are projected at $72.28, compared to $80.61 in the previous year [9]. - The consensus estimate for average crude oil and condensate prices per bbl in Trinidad stands at $59.84, down from $69.21 year-over-year [10]. Stock Performance - EOG Resources shares have increased by 1% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [11]. - The company holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the overall market in the near term [11].

Group 1: Altria Group - Altria Group offers a competitive dividend yield of 7.65% with a share price of $53 [2] - The company has increased its dividend payment for 56 consecutive years, with a three-year growth rate of 4.35% [3] - Analysts give Altria a Hold rating, with earnings expected to increase by 4.14% over the next year, indicating potential for further dividend increases [4] Group 2: Verizon Communications - Verizon Communications has a dividend yield of 6.44% and has grown its dividend for 20 consecutive years, averaging an annual increase of 0.64% [7] - The stock maintains a Moderate Buy rating with a predicted 9.34% potential upside in the next year, supported by institutional investment interest [8] - Ongoing investments in 5G and broadband services may provide further growth opportunities for Verizon [9] Group 3: EOG Resources - EOG Resources has a dividend yield of 2.90% and a three-year dividend growth history of 23.07% [11] - The company maintains a conservative payout rate of 31.40%, allowing for financial flexibility during economic stress [12] - EOG's solid financials and efficient operations position it well for future growth amid strong global energy demand [13] Group 4: Simon Property Group - Simon Property Group offers a dividend yield of 4.51% and has a three-year dividend growth rate of 11.46% [15] - The company currently pays out 115.70% of its earnings as dividends, which analysts consider unsustainable, contributing to a Hold consensus rating [16] - Simon's strong real estate portfolio and adaptability to retail trends may stabilize its long-term outlook despite potential volatility [17] Group 5: Morgan Stanley - Morgan Stanley offers a dividend yield of 2.78% with a three-year annualized dividend growth of 19.13% [18] - The stock maintains a Hold rating consensus, with a predicted downside of 1.74% and increased short interest indicating potential near-term weakness [19][20] - The company's diversified business model and focus on asset management may provide stability in uncertain market conditions [20]

Group 1 - Laura Starks is the founder and CEO of Starks Energy Economics, LLC, established in 2007, with a background in chemical engineering and an MBA focused on finance [1] - The company specializes in analyzing various sectors within the energy industry, including utilities, independent power producers, energy service companies, petrochemical companies, and all segments of oil and natural gas: upstream, midstream, and downstream [1] - Starks has a beneficial long position in shares of EOG, DVN, COP, and CRGY, indicating a personal investment interest in these companies [1]

Core Viewpoint - EOG Resources is outperforming its Oils-Energy sector peers in year-to-date returns, indicating a positive investment opportunity for investors interested in this sector [1][4]. Company Performance - EOG Resources is ranked 6 in the Zacks Sector Rank among 247 companies in the Oils-Energy group [2]. - The stock currently holds a Zacks Rank of 2 (Buy), reflecting a favorable earnings outlook [3]. - Over the past three months, the Zacks Consensus Estimate for EOG's full-year earnings has increased by 2.3%, indicating improving analyst sentiment [4]. - Year-to-date, EOG Resources has returned approximately 5.1%, outperforming the Oils-Energy sector average return of 3.1% [4]. - EOG is part of the Oil and Gas - Exploration and Production - United States industry, which ranks 42 among 34 companies, while this industry has seen an average loss of 16.3% this year [6]. Comparison with Peers - Sunoco LP (SUN) has also outperformed the Oils-Energy sector with a year-to-date return of 9.6% and a Zacks Rank of 1 (Strong Buy) [5]. - The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, which includes Sunoco LP, has moved up by 10% this year, but it ranks 157 among 6 stocks [7].

Core Points - EOG Resources, Inc. announced the retirement of Donald F. Textor from its Board of Directors at the end of his current term, with no plans for re-election at the 2025 annual stockholders meeting [1] - Textor has served on EOG's Board since 2001 and has a notable background as a senior security analyst in the oil and gas sector, contributing to EOG's growth and success [1][2] - The company has expressed gratitude for Textor's contributions, highlighting his role in navigating commodity price cycles and delivering shareholder value [2] Company Overview - EOG Resources, Inc. is one of the largest crude oil and natural gas exploration and production companies in the United States, with proved reserves in the U.S. and Trinidad [3]

Group 1: Tariff Impact on Energy Markets - U.S. President Donald Trump's tariffs include a 25% tariff on Canadian and Mexican exports and a 10% levy on Chinese imports, aimed at addressing illegal immigration and drug trade concerns, leading to volatility in commodity and energy markets [1] - Goldman Sachs predicts that Canadian oil producers will face a $3-$4 per barrel widening of the Canadian crude discount due to limited alternative export routes, while U.S. refiners and consumers will see an additional cost burden of $2-$3 per barrel [2] - The energy sector, being a major consumer of steel and aluminum, may experience slowed infrastructure projects and reduced profitability due to higher raw material costs from tariffs [5] Group 2: Natural Gas Market Effects - The impact on natural gas exports is expected to be more muted, with Goldman Sachs forecasting a modest decline of 0.16 billion cubic feet per day in Canadian natural gas exports to the United States due to the tariffs [3] Group 3: Potential Benefits for U.S. Oil Producers - Tariffs on foreign oil imports may make domestically produced crude more attractive, potentially benefiting shale producers as refiners seek alternatives within the country [6] Group 4: U.S. Energy Companies Positioned to Benefit - EOG Resources, Cheniere Energy, and Exxon Mobil Corporation are identified as U.S. energy companies likely to gain from the evolving tariff landscape, with EOG Resources currently holding a Zacks Rank 2 (Buy) and the other two holding a Zacks Rank 3 (Hold) [7] - EOG Resources focuses on high-efficiency production, particularly in the Permian and other shale basins, with a market capitalization of around $71.1 billion and shares rising 14.5% over the past year [8] - Cheniere Energy, a leading U.S. LNG exporter, may see increased demand for American liquefied natural gas as Canadian exports face challenges, with a market capitalization of approximately $51.5 billion and shares climbing 42.4% over the past year [9] - ExxonMobil, with a market capitalization of about $470.7 billion and shares rising 7.5% over the past year, is well-positioned to benefit from constrained Canadian crude imports, particularly in its upstream operations in the Permian Basin [10]

Group 1 - The Retirement Forum aims to provide actionable ideas, a high-yield safe retirement portfolio, and macroeconomic outlooks to help maximize capital and income [1] - The Value Portfolio focuses on building retirement portfolios using a fact-based research strategy, which includes extensive analysis of 10Ks, analyst commentary, market reports, and investor presentations [2] Group 2 - The analyst has a beneficial long position in EOG shares through stock ownership, options, or other derivatives, indicating a personal investment interest [3] - Seeking Alpha emphasizes that past performance does not guarantee future results and that no specific investment recommendations are being made [4]

Group 1: Company Overview - EOG Resources is one of 248 companies in the Oils-Energy group, which is currently ranked 6 within the Zacks Sector Rank [2] - EOG Resources has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] Group 2: Performance Metrics - Year-to-date, EOG Resources has returned approximately 7.7%, outperforming the Oils-Energy sector's average return of 6.4% [4] - EOG Resources belongs to the Oil and Gas - Exploration and Production - United States industry, which has gained about 10.6% this year, indicating that EOG is slightly underperforming its industry [6] Group 3: Comparative Analysis - Another stock in the Oils-Energy sector, Sunoco LP, has outperformed both the sector and EOG Resources with a year-to-date return of 8.5% [4] - Sunoco LP's current year EPS consensus estimate has increased by 62.6% over the past three months, and it holds a Zacks Rank of 1 (Strong Buy) [5] - The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, to which Sunoco LP belongs, has moved up by 67% this year, indicating strong performance compared to EOG's industry [7]

In its last weekly release, Baker Hughes Company (BKR) stated that the U.S. rig count was lower than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications.Baker Hughes’ data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicate the demand trajectory for the company’s oil ...

HOUSTON, Jan. 16, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2024 results on Friday, February 28, 2025, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year.    If you have any questions, please contact Angie Lewis at 713- ...