EOG Resources Inc
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Energy : Oil, Gas & Consumable Fuels | Mid Cap Blend
Company profile

EOG Resources, Inc. explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People's Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related. As of December 31, 2016, its total estimated net proved reserves were over 2,147 million barrels of oil equivalent (MMBoe), of which over 1178 million barrels (MMBbl) were crude oil and condensate reserves, over 416 MMBbl were natural gas liquids reserves and over 3318 billion cubic feet, or 553 MMBoe, were natural gas reserves. Its operations are focused in the productive basins in the United States with a focus on crude oil and, to a lesser extent, liquids-rich natural gas plays. It has operations offshore Trinidad, in the United Kingdom East Irish Sea, in the China Sichuan Basin and in Canada.

Closing Price
$40.71
Day's Change
-0.48 (-1.17%)
Bid
--
Ask
--
B/A Size
--
Day's High
41.55
Day's Low
40.31
Volume
(Above Average)
Volume:
5,865,754

10-day average volume:
5,328,350
5,865,754

Airline stocks see sharp gains, after Southwest's results and capital raise, gradual state reopenings

3:21 pm ET April 28, 2020 (MarketWatch)
Print

Share of airline companies soared Tuesday, as Southwest Airlines Co.'s (LUV) not-to-bad results and capital raise, and gradual reopenings by states (http://www.marketwatch.com/story/these-states-are-loosening-economic-shut-down-orders-texas-expected-to-announce-new-rules-soon-2020-04-23) helped provide a tailwind. The U.S. Global Jets ETF (JETS) shot up 7.8% in afternoon trading, with 28 of 33 components gaining ground. Among the most-active components, shares of American Airlines Group Inc. (AAL) ran up 13%, Delta Air Lines Inc. (DAL) hiked up 9.8%, and United Airlines Holdings Inc. (UAL) ran up 10.0%. Southwest's stock rallied 2.3%, to reverse earlier losses of as much as 3.0%. Earlier, Southwest reported a narrower-than-expected loss (http://www.marketwatch.com/story/southwests-stock-rallies-after-narrower-than-expected-loss-but-revenue-misses-2020-04-28) but revenue that missed expectations, and also announced a public offering of 55 million shares (http://www.marketwatch.com/story/southwests-stock-turns-lower-after-large-public-stock-and-convertible-debt-offering-2020-04-28) and $1 billion worth of convertible debt. Elsewhere, shares of Hawaiian Airlines parent Hawaiian Holdings Inc. (HA) climbed 16% after the company disclosed details of the government aid (http://www.marketwatch.com/story/hawaiian-airlines-receives-first-installment-of-psp-money-to-issue-us-government-warrants-to-buy-stock-2020-04-28) it received and was still expecting to receive. Shares of Jetblue Airways Corp. (JBLU) gained 11% and Spirit Airlines Inc. (SAVE) advanced 16%. The Jets ETF has lost 53% over the past three months, while the S&P 500 has declined 12%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

April 28, 2020 15:21 ET (19:21 GMT)

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