On the one hand, EOG Resources' third-quarter financial results were a bit of a disappointment. The company reported an adjusted loss of $220.8 million, or $0.40 per share, which fell $0.09 per share short of the consensus estimate. That …
Shares fell 2.6 percent to $92 in after-hours trading. As of the close, EOG’s stock has lost about 7 percent so far this year. Production volumes rose 10 percent to 603,900 barrels of oil equivalent per day. EOG now forecasts a 7 percent jump in …
Pat Edwards, vice president of human resources and administration, said EOG offers rich benefits -- from paying 90 percent of the college tuition, and 50 percent books and fees of degree-seeking employees like Chodur, to granting employees …
Since the beginning of 2015, EOG Resources’ long-term debt has been on the rise, reflecting the company’s weak balance sheet. Stock Performance During the quarter, EOG Resources lost 7.2% as compared to the 16.9% decline of the …
EOG Resources (NYSE:EOG) said on Tuesday that it had agreed to buy independent company Yates Petroleum Corporation in a stock-and-cash transaction worth for US$2.5 billion, thus strengthening its presence in one of the …
Cubist Pharmaceuticals (NASDAQ:CBST): Mizuho moves the stock to Buy from Neutral with a new target price of $77 as it expects Food and Drug Administration approval of tedizolid toward mid-2014. EOG Resources (NYSE:EOG): The …
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Under the deal, EOG will issue shares of common stock valued at $2.3 billion and pay $37 million in cash. EOG also will assume $245 million of Yates debt that will be offset by $131 million in cash anticipated from the New Mexico company.
EOG Resources Inc., formerly a part of the old Enron Corp. empire, has emerged as the most-recommended stock in the oil industry. The Houston-based company is the only shale producer expected to generate more cash than it spends …