4-Star Stocks Poised to Pop: Cummins Nov 14, 2008
EOG Resources (NYSE: EOG). Starbucks (Nasdaq: SBUX). (MSNBC -- Business)
EOG touts ‘world class' Horn River gas wells Nov 5, 2008
VANCOUVER Results from three major natural gas wells in British Columbia's emerging Horn River basin have underscored the remote region's potential, with early developer EOG Resources Inc. saying the play is world class after drilling just 13 wells. The biggest of the three wells produced 16 million cubic feet of gas a day, which would rank it as one of the best wells in a typical drilling year in Western Canada, while the second well produced 12 million cubic feet a day, and the third, nine... (Globe and Mail -- Business)
Alliance Pipeline Receives FERC Waiver Approval Oct 31, 2008
This waiver will enable Pecan Pipeline (North Dakota), Inc. (Pecan North Dakota), a wholly owned subsidiary of EOG Resources, Inc. (EOG), to flow dense phase rich gas outside the liquefiable hydrocarbon specification currently contained in Alliance's FERC Gas Tariff. The Pecan North Dakota natural gas receipts will not have an operational impact on the Alliance system as this natural gas will be blended with much larger quantities entering from Canada, and the combined gas stream delivered to... (PR Newswire)
Bullish Buffett buying stocks Oct 18, 2008
EOG Resources, the former oil and natural gas unit of Enron Corp., said it expects a net gain on commodity derivative contracts of $1. 38 billion in the third quarter. (Houston Chronicle)
Geoscience BC-Horn River Basin Project Oct 8, 2008
The Horn River Basin shale gas producers group consists of the major industry players, which are Apache Canada Ltd., Encana, Devon Canada Corp., EOG Resources Canada, Nexen Inc., Quicksilver, Imperial Oil Resources/ExxonMobil Canada and Stone Mountain Resources. The purpose of the group is to facilitate cooperation and communication between major industry players, key stakeholders and First Nations in the area. (CCNMatthews Press Releases)
A changed financial landscape Oct 3, 2008
25bn, EOG Resources $750 million, Peco Energy $300 million, South Carolina E&G $300 million, Wisconsin Electric Power $300 million, Stanley Works $250 million, and UGI Utilities $100 million. Junk issuance included Perkins & Marie $130 million. (Asia Times Online)
Galleon Energy appoints Mr. Lawrence Fenwick as director Sep 24, 2008
He is recently retired from EOG Resources Canada Inc. where he directed the company as Senior Vice President and General Manager from 1991 to 2007. Prior thereto, Mr. Fenwick held various executive and management positions at EOG Resources Canada Inc., Canterra Energy Ltd. and CDC Oil and Gas Limited responsible for production, engineering and hydrocarbon marketing. (Canada Newswire)
Alliance Files an Application for Waiver to FERC Sep 16, 2008
Subject to FERC approval, Alliance will contract with Pecan North Dakota for a new transportation agreement CALGARY, Sept. 15 /PRNewswire-FirstCall/ - Today, Alliance Pipeline L.P. ("Alliance"), filed proposed tariff sheets at the Federal Energy Regulatory Commission (FERC) to enable Pecan Pipeline (North Dakota), Inc. ("Pecan North Dakota"), a wholly owned subsidiary of EOG Resources Inc., to transport dense phase gas under a waiver of the liquefiable hydrocarbon specification currently... (PR Newswire)
Horn River holds bounty of gas for Devon Canada Sep 10, 2008
Devon becomes the latest player to announce big shale discoveries in B.C. after Houston-based EOG Resources said this spring its piece of the Horn River could hold six trillion cubic feet. That was quickly followed by Apache and Calgary-based EnCana Corp., which boasted resource estimates as high as 16 trillion cubic feet. (Calgary Herald)
3 Stocks to Watch: GOOG, CCL, XTO Sep 3, 2008
Massey Energy (), Peabody Energy (), Consol Energy () and EOG Resources () all declined in sympathy, if not lockstep, with tumbling prices for oil and natural gas. Energy analyst Fadel Gheit at Oppenheimer & Co. called the energy falloff the reverse of a rising tide. (SmartMoney)
Energy services companies among those eager to tackle natural gas work Aug 31, 2008
That hype has reached a fever pitch this year as EOG Resources, Chesapeake Energy, Petrohawk and other oil and gas producers have revealed large acreage positions and capital spending plans in shale plays in Louisiana, Texas, Pennsylvania, Arkansas and elsewhere. New investment in the Haynesville Shale, for example, is expected to more than double the number of drilling rigs operating there today to 100 or more by 2009. (Houston Chronicle)
Mariner Energy Announces ~70% Increase in Production at Bass Lite With Completion of Primary Production System Aug 27, 2008
Other working interest owners in the field include EOG Resources, Inc., Energy Resource Technology GOM, Inc., a wholly owned subsidiary of Helix Energy Solutions Group; Deep Gulf Energy LP, and Eni. About Mariner Energy, Inc. Mariner Energy is an independent oil and gas exploration, development, and production company headquartered in Houston, Texas, with principal operations in West Texas and the Gulf of Mexico. (PR Newswire)
Yield of Dreams? Aug 6, 2008
High Yield Can Be a Sign of Trouble for a Stock (Fannie Mae, Freddie Mac, Citigroup, Washington Mutual, Wachovia, National City, Louisiana-Pacific) at SmartMoney. Wednesday August 6, 2008 9:56 AM ET. (SmartMoney)
Long-Term Winners Jul 26, 2008
25 Funds With Good Returns Since Inception (Heartland Value, FBR Focus, T. Rowe Price Equity Income, Clumbia Value ucturing, 1st Source Monogram Income Equity, CGM Realty, CGM Focus, Stratton Multi-Cap, Ametek, Penn Virginia, EOG Resources, Valero Energy, XTO Energy) at SmartMoney. com. (SmartMoney)
Use oil wealth to sustain areas Jul 23, 2008
As an example, EOG Resources made the first major Bakken discovery in Wayzetta Township in Mountrail County in May 2006. Since that discovery, the state has collected over 13 million in oil-related taxes and royalties from Wayzetta Township wells. (Bismarck Tribune, ND)
Goldman Sachs Group Says Energy Stocks Are a `Buy' After Shares Retreated Jul 22, 2008
Goldman Sachs also advised investors to take advantage of price declines to buy stocks of exploration and production companies, such as EOG Resources Inc., Devon Energy Corp., Ultra Petroleum Corp. and Suncor Energy Inc.. To contact the reporter on this story: in New York at. (Bloomberg -- Canada)
Park Place Energy Corp. Provides Operational Update Jul 15, 2008
The Horn River Basin has seen land prices spike as big players such as Apache Corporation (NYSE:), EOG Resources (NYSE:) and Encana (NYSE:) enter the area aggressively taking large blocks of exploration land. AJM Petroleum Consultants, providers of a full spectrum of services to the oil and gas industry, have identified several promising blocks of land within Park Place's mandated core area in the current and upcoming landsale bids in both Alberta and British Columbia. (PR Newswire)
EnCana bullish on Horn River gas play Jun 17, 2008
Calgary-based EnCana didn't say when it could reach its production goal at Horn River, but competitor EOG Resources Inc. of Houston has said it could take three years before major gas production commences in the area ... EnCana; Apache Corp.; EOG Resources Inc.; Nexen Inc.; Devon Energy Corp.; Crew Energy Inc.. (Globe and Mail)
BC posts record sale for natural gas rights in Peace Country May 23, 2008
The province's northeast is attracting some of the continents largest gas exploration companies, including Calgary's EnCana Corp. and Houston-based EOG Resources Ltd. Both companies already have positions in the Horn River Basin, 95 kilometres northeast of Fort St. John, which Neufeld described as one of two key areas for May rights sales. The Horn River Basin's shale deposits are described as having immense potential for gas development but gas prices must be high to make it economic. (Vancouver Sun)
America's Bosses Bet On Clinton May 17, 2008
After his convincing victory in North Carolina, Barack Obama is now the presumptive Democratic nominee. In terms of delegates and the overall popular vote, the math favors. (Forbes -- Business)
EnCana Rises After Announcing Split Into Separate Oil and Gas Producers May 13, 2008
EOG Resources Inc., a gas producer based in Houston, rose 82 percent. Holders of EnCana will receive one share in each of the new companies. (Bloomberg -- Canada)
UW to graduate petro engineering students May 8, 2008
Brinkerhoff has accepted a job with EOG Resources in Vernal, Utah, and will start work for the company later this month, according to the statement. A service of the Associated Press(AP). (Rapid City Journal, SD)
BHP Billiton Petroleum CSG Briefing May 7, 2008
Capital strength Strong cash flow Strong balance sheet Risk management Global portfolio view Long-term view Geoscience skills Seismic expertise Technology platform Access to drilling expertise Licence access Technical capability Page 20 Size and investment performance have a strong link in the oil and gas sector 0 5 10 15 20 25 Super majors Large O&G Independents Small independents Oil and gas sector weighted average return on capital employed 2005 - 2007 (% Weighted average... (Sydney Morning Herald)
Junior explorers resource players Apr 14, 2008
EnCana and big Houston-based firms EOG Resources and Apache Corp. have holdings in northeastern B.C.'s Horn River Basin, which is rich in shale gas as well. But BMO Capital Markets analyst Kent Porteous recommends investors look at smaller players with land in that area like Crew Energy Inc. and Storm Exploration Inc.. (London Free Press)
B.C. energy lease sales set record Mar 28, 2008
Interest among energy companies in tapping British Columbia's gas fields is climbing, particularly after EOG Resources Inc. revealed last month that it had found a 6 trillion cubic foot gas field in the Horn River basin in the northeastern corner of the province, one of Canada's biggest-ever finds. Three parcels in the Horn River region were offered at a lease sale held on Wednesday. (Globe and Mail -- Business)
Alberta's energy crown threatened Mar 28, 2008
For British Columbia, driving the boom are drilling results from EnCana Corp. and EOG Resources Inc., both of which may be sitting on some of the biggest natural gas discoveries in Canadian history in the Horn River region of northeastern B.C.. The hot Montney play, which is also in northeastern B.C., where companies such as ARC Energy Trust are active, attracted big bids yesterday as well. (Globe and Mail -- Business)
Midcap Growth Held Up Best In Downward-Facing February Mar 5, 2008
" Janus Adviser Forty, the top performing large-cap growth fund, rose 2.98% last month. Its peer group dropped 2.2%. So far this year its 18%-to-37% gains in Genentech, () Celgene () and EOG Resources () have been offset by 26%-to-39% losses in Apple, () Google () and Lehman Bros.. () As of the end of January, the fund put 13% of assets in cash. Ken Heebner's CGM Focus maintained leadership in the mid-cap growth field. It returned 5.78% last month. Its peers shed 1.67%. Both funds hold large... (Investors Business Daily)
Mutual Funds &Personal Finance Mar 4, 2008
EOG Resources () is another oil and gas explorer among the fund's top holdings. EOG's explorations have a more international character than Petrohawk's, and it concentrates more on natural gas. (Investors Business Daily)
Gas players gear up for B.C. rush Mar 3, 2008
Located in northeastern B.C., with the key area centred on the Horn River Basin, very little was known about the play until last Thursday, when Houston-based EOG Resources Inc. said it might have reserves of six trillion cubic feet - the same as Mackenzie Delta, Northwest Territories, and a figure that would increase Canada's total proved reserves by roughly 10 per cent.. EnCana Corp. of Calgary - which claims the initial discovery of Horn River's potential - and partner Apache Corp. of Houston... (Globe and Mail -- Business)
Exploration finds, higher production, climbing prices push natural gas sector back into favor Mar 1, 2008
In addition, exploration and production companies like Houston's EOG Resources Inc. and Southwestern Energy Co. have reported surging production, billions of cubic feet worth of new finds and positive outlooks. EOG shares reached a new high Thursday after the company said it found crude oil at operations in Texas and Colorado. (San Diego Union-Tribune -- Business)
Eureka! EOG Strikes Oil Feb 29, 2008
EOG Resources was just in the nick of time. On Thursday the oil and natural-gas producer boosted its production growth forecasts and announced it found four promising new sources of energy just one week after U.S. gas inventories fell. (Forbes -- Markets)
Cheap Natural Gas Makes Traders See 20% Return as Rich Oil Meets Slowdown Feb 11, 2008
Profit at gas producers ConocoPhillips, biggest in the U.S., XTO Energy Inc. and EOG Resources Inc. will advance this year, according to analysts surveyed by Bloomberg. Gas Seen Rising. (Bloomberg -- US)
EOG Resources Reports 2007 Results and Increases Dividend Feb 8, 2008
- Overall Organic Year-Over-Year Production Increased 11 Percent - Total Reserve Replacement of 248 Percent Achieved - Strong Year-End Debt-to-Total Capitalization Ratio Reported - Robust Company Performance Projected for 2008 - Repurchase of Outstanding Preferred Stock Completed - Common Stock Dividend Increased by 33 Percent HOUSTON, Feb. 7 /PRNewswire-FirstCall/ -- EOG Resources, Inc. (EOG) today reported fourth quarter 2007 net income available to common stockholders of $358 ... EOG... (PR Newswire)
Board Approves Three Land Acquisitions; Board Approves Two Land Exchanges; Board Accepts Land Donation; Board Approves Three Oil/Gas and Coal Leases Jan 30, 2008
The Board approved a five-year oil and gas lease to the highest bidder, EOG Resources Inc. of Canonsburg, for 671 acres of SGL 239 in Athens Township, Bradford County. The lease would provide the Game Commission one-time well-location fees ranging from $5,000 to $10,000, as well as a bonus payment of $125 per acre, a fixed annual rental of $20 per acre, and a royalty percentage much greater than the industry standard of 12. (PR Newswire)
4 Houston Companies Ranked Best To Work For Jan 23, 2008
EOG Resources, an oil and gas drilling company, came in at No. 64. The company matches employees' charitable contributions up to $60,000 per employee per year. (Click2Houston, TX)
B.C.'s petroleum land rush just the beginning Dec 17, 2007
EOG Resources Inc. , Devon Energy Corp. and Nexen Inc. are also active in the Horn River area. Special to The Globe and Mail. (Globe and Mail -- Business)
BC trumps Alta. with $1B oil and gas haul Dec 16, 2007
EnCana, Apache Corp., EOG Resources Inc., Nexen Inc. and Devon Energy Corp. were the likely bidders for the Horn River lands. Pierre Alvarez, president of the Canadian Association of Petroleum Producers, said oil and gas companies are responding to B.C.'s favourable terms introduced in recent years, including royalty credits to assist with the cost of building roads and pipelines, and royalties for unconventional gas that involve a lower front-end royalty until payout. (Financial Post)
Prairie readers support energy Nov 25, 2007
Overall, EOG Resources, of Denver, had the highest bid bonus per acre, at 651 for tracts in McKenzie County. Lowest was 79 per acre, bid by Stephens Co., for leases in Mountrail County. (Bismarck Tribune, ND)
B.C. nearing record haul on oil leases, drill permits Nov 19, 2007
The companies involved - Houston-based EOG Resources Inc. plus EnCana Corp., Apache Canada Ltd. and Nexen Inc., all of Calgary, are tight-lipped about their land acquisitions. Data from most of their drilling activity are still confidential. (Globe and Mail -- Business)
Energy cos. educating on Barnett Shale Nov 2, 2007
Dale Resources LLC, , EnCana Corp., EOG Resources Inc., Four Sevens Resources, and and. Web site. (Dallas Business Journal, TX)
Energy, software companies release earnings Oct 30, 2007
Houston oil and gas company EOG Resources Inc. reported net income of $202 ... Analysts were expecting EOG Resources (NYSE: EOG) to have net earnings per share of 81 cents. (Houston Business Journal, TX)
Schlumberger Falls on Nigeria, Caspian Project Delays (Update5) Oct 20, 2007
Chesapeake Energy Corp. last month announced plans to cut production by about 6 percent, and EOG Resources Inc. said it would scale back output in the Rocky Mountain region by the equivalent of about 50 million cubic feet of gas a day. Gas futures traded in New York were little changed from a year earlier in the third quarter, averaging $6. (Bloomberg)
Serica Energy provides an operations update Sep 25, 2007
Serica's partners in Block 23/16f are Endeavour Energy UK Limited (25%) and EOG Resources United Kingdom Limited (25%). Spain ----- Serica is currently carrying out a 330 kilometre 2D seismic survey on its four onshore licences in Aragon Province, in the north-eastern part of the country. (Canada Newswire)
As N.D. oil production increases, natural gas plants bloom Sep 24, 2007
Whiting, EOG Resources Inc., of Houston, PRB Energy Inc., of Denver, and Headington Oil Co., of Dallas, are developing new natural gas processing plants in northwestern North Dakota, company spokesmen and state regulators say. Two existing plants, the Hess Corp. plant at Tioga and Bear Paw Energy LLC's Grasslands plant in McKenzie County, are being expanded. (Bismarck Tribune, ND)
EOG Resources to Present at Upcoming Investor Conferences Aug 28, 2007
HOUSTON, Aug. 27 /PRNewswire-FirstCall/ -- EOG Resources, Inc. (EOG) (NYSE: ) is scheduled to present at various investor conferences in the upcoming weeks ... September 11, 2007 at 8:00 a.m. Eastern Time at the Peters orth American Oil and Gas Conference, Lindell L. Looger, President, EOG Resources International, Inc. will present on behalf of EOG. A replay will be available until October 11, 2007 ... EOG Resources, Inc. is one of the largest independent (non-integrated) oil and natural gas... (PR Newswire)
New: U.S. Government Sponsored "Wealth Insurance" Aug 15, 2007
96% gains on EOG Resources. 75% gains on American Water Works. (Newsmax)
EOG Resources Reports Second Quarter 2007 Results, Increases Full Year 2007 Production Growth Target to 11.5 Percent Aug 3, 2007
EOG Resources Reports Second Quarter 2007 Results, Increases Full Year 2007 Production Growth Target to 11 ... EOG Resources Reports Second Quarter 2007 Results, Increases Full Year 2007 Production Growth Target to 11 ... - High Rate Oil Wells Announced in North Dakota - Improved Completions Reflected in Johnson County Well Results - Plans to Divest Shallow Natural Gas Assets in Appalachia HOUSTON, Aug. 2 /PRNewswire-FirstCall/ -- EOG Resources, Inc. (NYSE: EOG) (EOG) today reported second... (PR Newswire)
Stocks to Watch Aug 3, 2007
EOG Resources Inc. () is expected to post earnings of $1 ... EOG Resources Inc.'s () second-quarter net income fell 7. (Fox News)
Serica Energy to retain 50% interest in North Sea Columbus discovery well Jun 7, 2007
Serica's partners in Block 23/16f are Endeavour Energy UK Limited (25%) and EOG Resources United Kingdom Limited (25%). Forward Looking Statements This disclosure contains certain forward looking statements that involve substantial known and unknown risks and uncertainties, some of which are beyond Serica Energy plc's control, including: the impact of general economic conditions where Serica Energy plc operates, industry conditions, changes in laws and regulations including the adoption of new... (Canada Newswire)
How to Hit Pay Dirt Jun 1, 2007
"Companies like EOG Resources or Devon Energy are delivering the results, and investors are willing to pay up for that," says Byrne. Still, investors don't have to pay lofty valuations for stocks like EOG () and Devon (), which is why Byrne has Buy ratings on both. (SmartMoney)
Read more. . May 31, 2007
Halvorson said he has been in contact with EOG Resources officials, the owner of the well, and they stated that all personnel who were working on the site were accounted for. He added that the well was a shut-in, and there are no safety-related issues that could impact local residents. (Williston Daily Herald, ND)
All's Well for Oil and Gas May 23, 2007
Of those, four carry strong buy recommendations: Chesapeake Energy (), Cimarex Energy (), EOG Resources (), and Swift Energy (). Roll Out the Barrels. (BusinessWeek)
E&P companies dallying in dividends May 4, 2007
Stock dividends suddenly in vogue with heavy-hitters Apache Corp., EOG Resources and Noble Energy. Houston Business Journal - February 27, 2004by Houston Business Journal. (Houston Business Journal, TX)
Tuesday's Stocks to Watch May 1, 2007
EOG Resources Inc. () reported first-quarter net earnings of $217. 7 million, down 49 percent from $426. (Fox News)
EOG Resources points to mark-to-market loss for first-quarter earnings drop May 1, 2007
Analysts polled by Thomson Financial were expecting EOG Resources (NYSE: EOG) to generate net income of $1 ... Despite the fall in earnings, EOG Resources said it is on track for the year ... "2007 is shaping up to be an active drilling year with good organic production growth," said Mark Papa, chairman and chief executive officer of EOG Resources. (Houston Business Journal, TX)
Meet the Men Who Fleeced Enron Apr 29, 2007
Mark Papa, CEO of EOG Resources -- EOG is short for "Enron Oil & Gas" -- holds that distinction as well ... The exchange has been laughably one-sided: Enron flailed, EOG Resources flourished. (MSNBC -- Business)
Corporate America's biggest pay packages Apr 16, 2007
Special Report: Executive Compensation - USATODAY.com. Real solutions for your real estate needs. (USA Today -- Money)
The Best Performers Mar 20, 2007
6), EOG Resources ( ) (No. 20), Valero Energy ( ) (No. (BusinessWeek)
Firms 30 and under fight over-the-hill fears Feb 15, 2007
Old companies teach new tricks - USATODAY.com. Real solutions for your real estate needs. (USA Today -- Money)
National Fuel may have vast gas reserves Feb 12, 2007
The stock has shot nearly 16 percent since the beginning of November, when National Fuel first disclosed a joint venture with EOG Resources to explore some of its Appalachian holdings. "This recent market activity is driven by the size of our Appalachian acreage and the realization of how valuable it might be," Ackerman says. (Buffalo News)
Vital Signs: Consumers Propel Growth Jan 27, 2007
com, American Standard, Anheuser-Busch, Apache, Archer-Daniels-Midland, Boston Scientific, Celgene, Clorox, Comcast, CVS, Electronic Arts, EOG Resources, ExxonMobil, Genworth Financial, Goodrich, IMS Health, Marathon Oil, Millipore, Monster Worldwide, Murphy Oil, Mylan Laboratories, Raytheon, Snap-on, St. Paul Travelers, Starwood Hotels & Resorts, Valero Energy. Friday. (MSNBC -- Business)
Plans for Carnegie Building released Jan 23, 2007
The Basses have already leased 100,000 square feet in The Carnegie to Houston-based EOG Resources Inc. (NYSE:EOG), an oil and gas company. EOG currently occupies more than 50,000 square feet in Sundance Square's Chase Bank Building and the Woolworth Building. (Dallas Business Journal, TX)
UPDATE 1-India may approve oil block awards next week - oilmin Jan 19, 2007
About 20 foreign companies including NaftoGaz of Ukraine, Australia's Santos (STO.AX: , ), and Tap Oil Ltd. (TAP.AX: , ), France's Total (TOTF.PA: , ) and Texas-based EOG Resources participated in the auction for the first time. An onshore block in Cambay basin in western India attracted 10 bids, while nine bids were received for a shallow water block in Cambay basin and an onshore block in Krishna Godavari (KG) basin, off India's east coast. (Reuters)
Four Houston companies on Fortune's "100 best companies to work for" list Jan 9, 2007
With 1,181 employees, EOG Resources Inc. (NYSE: EOG) broke the Top 100 list by coming in at No. 83. The oil-and-gas driller discarded by Enron in 1999 as an "old economy" business has flourished, according to Fortune. (Houston Business Journal, TX)
