IB Net Payout Yields Model

Shale Oil Continues Pushing the Needle for This New Oil Major

 After more than doubling in value in the last couple of years, EOG Resources Inc (NYSE: EOG  ) is now large enough to be counted as an oil major. The valuation has surged to over $60 billion, yet the company continues to produce substantial growth rates from oil production.

 EOG Resources is now slightly larger than Anadarko Petroleum Corporation (NYSE: APC  ) and has long passed Apache Corp (NYSE: APA  ) due to industry-leading growth for its size from identifying and developing new shale plays, especially in oil-rich areas.

 Read the full article here.

 Disclosure: No positions mentioned. Please read the disclaimer page for ore details.


Popular posts from this blog

Ouster: New Day

Carnival: Positive Trajectory

C3.ai: Trough Quarter