10:57am ET
Energy
Natural Gas Inventories Rise, Price Too
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 28 billion cubic feet, at the lower end of an expected increase in the…
Companies
/Energy
EOG Resources Inc
$144.23
▼ $1.24 (−0.85%) today
Markets closed · 10:04am ET
EOG Coverage
Page 3511:32am ET
Energy
Exxon’s Natural Gas Confession Bad For All; Maybe An Earnings Warning? (XOM, CHK, BP, ECA, COP, DVN, EOG, APC, UPL, STR, UNG)
At a meeting in New York this morning, Exxon Mobil Corp. (NYSE: XOM) CEO Rex Tillerson said that his company is “losing our shirts” on natural gas production. Did he just notice…
7:53am ET
Energy
US Gas Drilling Slowdown Hits Supplier (KEX, BHI, XOM, CHK, EOG, RRC)
A major supplier of the engines and transmissions that drive the hydraulic fracturing (fracking) at US oil and gas wells announced this morning that it is reducing its second quarter and full…
12:13pm ET
Energy
Energy Producer to Expand Capex Spending $600 Million (ECA, BHI, HAL, SLB, GST, EOG, GDP, CHK)
Canadian-based oil & gas producer Encana Corp. (NYSE: ECA) announced today that it planned to expand its 2012 capital spending budget by $600 million in order for the company “to take advantage…
4:05pm ET
Investing
24/7 Wall St. Closing Bell — June 18, 2012 (EBAY, EOG, CELG, NOK, PAY, ADBE, BKS, FDX, JBL, JEF, TOPS, XG, AUY, IDCC, INTC, BODY)
The three major US stock indexes opened lower this morning as markets reacted to a rise in the yield of Spanish 10-year debt to more than 7% (our coverage here). The weekend…
8:33am ET
Investing
Top Analyst Upgrades & Downgrades (CELG, CPHD, EBAY, EOG, GRPN, HUN, LLTC, NOV, NE, NOK, RMBS, SRE, PAY, WPI)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Celgene Corporation (NASDAQ: CELG) Cut to Sector Perform at RBC. Cepheid (NASDAQ: CPHD)…
11:10am ET
Investing
Is Natural Gas Staging a Comeback? (XOM, CHK, BP, ECA, COP, DVN, EOG, APC, UPL, STR, UNG)
It has been almost exactly two years since Exxon Mobil Corp. (NYSE: XOM) completed its $31 billion merger with XTO Energy to create the largest natural gas company in the US. Exxon’s…
10:47am ET
Energy
Natural Gas Inventories Rise, Price Remains Flat (XOM, CHK, EOG, UNG, OIH)
The US Energy Information Administration today reported the US natural gas stocks rose by a total of 67 billion cubic feet, below the 73 billion cubic feet increase that analysts had expected.…
11:41am ET
Energy
Shale Gas Development Contributes 1 Million US Jobs (CHK, EOG, APC, DVN, APA, RRC)
The development of unconventional natural gas resources in the lower 48 states supported 1 million jobs in 2010, and that total will grow to 1.5 million by 2015 and to more than…
12:09pm ET
Energy
Natural Gas Inventories Rise, Price Drops (XOM, CHK, EOG, UNG)
The US Energy Information Administration today reported the US natural gas stocks rose by a total of 62 billion cubic feet, considerably above the 53-57 billion cubic feet increase that analysts had…
2:58pm ET
Energy
Exxon Considering Natural Gas Exports (XOM, CHK, EOG, APA, ECA, LNG)
At the company’s shareholders meeting today, the CEO of Exxon Mobil Corp. (NYSE: XOM) said that Exxon is studying the possibility of exporting natural gas from the US Gulf Coast and Canada.…
8:58am ET
Energy
Coal, Natural Gas Reaching Price Parity (XOM, CHK, EOG, CNX, BTU, ANR, ACI)
Natural gas prices have been rising, getting to around $2.75/thousand cubic feet last week before falling back a little to around $2.69. At this level, coal once again enters the picture, as…
8:04am ET
Energy
Chesapeake Shares Diving on Results, McClendon (CHK, XOM, EOG)
Natural gas producer Chesapeake Energy Corp. (NYSE: CHK) reported first quarter results after the markets closed yesterday. The company missed the headline numbers, but that’s not the company’s biggest problem. That would…
1:36pm ET
Investing
Pioneer Buys Sand Miner (PXD, EOG)
One of the critical elements in hydraulic fracturing (fracking) for oil and gas deposits is ordinary sand. The stuff is used to prop open the fissures blasted into the sub-surface rock by…
4:40pm ET
Investing
North Dakota Oil Production Tops 500,000 Barrels/Day (EOG, CLR)
The state of North Dakota said that crude oil production from the state’s oil fields totaled 510,000 barrels/day during November. That is the highest daily production yet recorded in the state and…
Paul Ausick