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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 review the disclaimer page for more details. 

Chesapeake Energy Is Reducing Leverage at the Wrong Time

 Chesapeake Energy ( NYSE: CHK     ) is a prime example of a company that overspent in the past and is now forced to cut back spending during the market rebound. The worst part of it all is that the energy company is forced to unload assets that apparently aren't wanted by the market at favorable valuations.  In not much of a big surprise, Chesapeake Energy finished spinning off the oilfield services division to existing investors due to a lack of market appetite for the service firm faced with the reduced drilling spending of the parent. In addition, the company announced several other transactions to reduce leverage.  Read the full article here .   Disclosure: No positions mentioned. Please read the disclaimer page for more details.

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.

Nuverra: On the Cusp of a Rebound?

After yet another disappointing earnings report for Nuverra Environmental Solutions ( NYSE: NES     ), investors need to remain focused on the long-term picture. Sure the company announced plans for a reverse split, and reduced EBITDA brings debt covenants into question, but investors always need to keep cool and research all the facts. You can't deny that Nuverra has been a serial disappointer, on the path to becoming a complete environmental solutions provider to customers in the energy and industrial end-markets. The promise of providing environmental solutions for the dangerous materials produced by hydraulic fracturing once provided enormous potential. Read the full article here . Disclosure: Long NES. Please review the disclaimer page for more details. 

Following Up On Eagle Ford Shale Stocks

A little over eight months ago we wrote this article about some under the radar Eagle Ford Shale plays. While Carrizo Oil & Gas (CRZO) and C&J Energy Services (CJES) might be better known stocks, both have struggled even as the liquids rich basin has produced strong earnings for the companies. The market clearly has lumped both of them into the nat gas price collapse. The Houston Chronicle had some interesting stats regarding the Eagle Ford relayed from the Energy Symposium: Director of energy research at ITG Investment Research expects production to reach 1 million barrels a day by 2016 Read the full article at Seeking Alpha. Disclosure: Long CJES and CRZO. Please review the disclaimer page for more details.