Tag: eog

Market Wrap-Up for Feb.18 (JWN, CF, DLR, SWK, EOG, WTW, more)

We’re saw a gradual rise for the DOW as other indices remained fairly flat, finishing what has been a generally solid week for the averages. We added a new yield-focused name to our recommended list today, while also removing three growth names from our list as well. Be sure to check out Dividend.com Premium for those stories if you did not read the e-mail alerts we sent out earlier today. Elsewhere, earnings results are lifting shares of Digital Realty Trust ( DLR ), a recent addition to our recommended list. Nordstrom ( JWN ) bounced off of earlier levels and closed higher following the company’s earnings report, as well as news the company was buying a private sales e-commerce company. Wall Street upgrades pushed several stocks higher, including Stanley Black & Decker ( SWK ), EOG Resources ( EOG ), and Raytheon ( RTN ). On the downside, fertilizer play CF Industries ( CF ) sold off after reporting better-than-expected results. Weight Watchers ( WTW ) also gave back just a smidgen of yesterday’s huge gains. The speculation in the venture capital space continues to rage on as we continue to hear about huge rounds of money being raised at ever-climbing market valuations. Mark Cuban just came out with some comments that echoed what I have been saying about the “game” that is going on, where eventually regular investors get burned with the usual late invitations to participate (post-IPO after the insiders have already cashed…

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EOG Resources’ Target, Estimates Boosted at Goldman Sachs (EOG)

Natural gas producer EOG Resources, Inc. ( EOG ) on Friday saw its price target and earnings estimates raised by analysts at Goldman Sachs. The firm maintained its “Buy” rating on EOG and boosted its price target from $117 to $121. That new target implies a 16% upside to the stock’s Thursday closing price of $104.22. Goldman also raised its earnings estimates for the company through 2013, following its better-than-expected fourth quarter earnings results. The analyst commented, “EOG remains a leader in developing horizontal resource plays, and the combination of superior liquids growth (28% expected CAGR 2011-14), superior cash-on-cash returns (13.7% 2011-14 avg) and exploration upside as reasons why EOG should not trade at a discounted EV/EBITDA multiple vs. peers.” EOG Resources shares rose $1.04, or +1%, in premarket trading Friday. The Bottom Line Shares of EOG Resources ( EOG ) have a .59% dividend yield, based on last night’s closing stock price of $104.22. The stock has technical support in the $95-$100 price area. If the shares can firm up, we see overhead resistance around the $110-$114 price levels. EOG Resources, Inc. ( EOG ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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EOG to Issue $1.5 Billion Debt – Analyst Blog

Filed in BP, Debt, Gold Prices, o, silver by on November 19, 2010 0 Comments

EOG Resources is planning to issue debt worth $1.5 billion in a three-part sale.

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Dividend Stock Leaders for the Week of Nov.1-5 (FCX, SBUX, WFC, BHP, SPG, CLX, more)

Filed in bhp billiton, copper, dividend, Gold Investment by on November 6, 2010 0 Comments

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Dividend Yield Legg Mason Inc. ( LM ) $35.41 +14.12% 0.68% U.S. Steel ( X ) $48.55 +13.65% 0.41% Fluor Corporation ( FLR ) $54.53 +13.16% 0.92% Wells Fargo & Company ( WFC ) $29.22 +12.13% 0.68% BHP Billiton ( BHP ) $92.14 +11.59% 1.95% Freeport-McMoran ( FCX ) $104.84 +10.60% 1.91% Simon Property Group Inc. ( SPG ) $105.77 +10.15% 3.03% Southern Copper Corporation ( SCCO ) $46.63 +8.95% 3.17% Starbucks Corporation ( SBUX ) $30.87 +8.09% 1.68% Expedia Inc. ( EXPE ) $27.30 -5.70% 1.03% Clorox Company (The) ( CLX ) $62.58 -5.97% 3.52% EOG Resources Inc. ( EOG ) $88.61 -7.43% 0.70% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for Oct.1 (ACN, HPQ, EOG, OXY, PEP, MOS, YUM, more)

Market Wrap-Up for Oct.1 (ACN, HPQ, EOG, OXY, PEP, MOS, YUM, more)

Today begins the first day of the 4th quarter, and many market-watchers expect the same themes to continue to work. If they are correct, that means commodity names could certainly see more days trading in the green. Again, many of these names have miniscule dividend payouts so the names would be better-suited for investors that are actively getting in and out of the market. If you do not have much experience trading, I would recommend staying the course of building your portfolio with higher-yielding dividend plays on our Best Dividend Stocks list. Oil prices began to get back up to the $80 a barrel level yesterday, so keep an eye on this development as we move forward. Inflation-watchers are warning commodities could be ready to spike dramatically. The U.S. dollar continues to weaken by the day, and we are watching this as well. For multinational dividend plays we follow, it could mean a short-term pop for earnings. Earlier today, we added a new dividend stock to our list of recommended names, so be sure to check out the post if you did not read the e-mail alert sent out this morning. Looking at some of the standouts in today’s action, Accenture ( ACN ) rose 4% following the company’s Q4 earnings beat and dividend raise. Hewlett Packard ( HPQ ) landed their new CEO today, but the market appeared to be unimpressed with the stock down closing 3% lower. Elsewhere, EOG Resources ( EOG ) and Occidental Petroleum ( OXY ) both gained 3% with crude oil closing at the week’s high, $81.58. As we look ahead to next week, we will see a trickle of earnings out from the likes of Mosaic ( MOS ) , Yum Brands ( YUM ) , and PepsiCo ( PEP ) . Be sure to catch up with our latest watchlist updates this weekend, as well as the latest “Learn to Be Rich” articles as I attempt to bring the world of personal finance into an easy-to-understand format. I’d like everyone to gain the money knowledge they need to navigate through

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Market Wrap-Up for Aug.16 (STRA, DE, EOG, SYY, JCI, more)

Market Wrap-Up for Aug.16 (STRA, DE, EOG, SYY, JCI, more)

Thanks to the Federal Reserve deciding to keep interest rates at near-record lows, the rewards for people that love to save are almost non-existent at banks today. Talk to any of your older friends and relatives who like to research CD rates are and you’ll see the look of disgust on their faces. At Dividend.com, we are continuing to carry the torch for what people need to be doing today with their hard-earned capital. We are not wildly bullish about the stock market, but at the same time, we see areas of potential opportunity for investors to continue the discipline of putting their money to work. When we see the carnage of momentum trades heading south, as in this morning’s case of Capella Education ( CPLA ) (which opened up today down almost 20%), we feel fortunate to not be pushing investors to taking extreme risks in the market. Trading is a tough game, and for most, a dangerous game. In the case of for-profit education play, CPLA, and others such as ITT Educational ( ESI ) and Strayer Education ( STRA ) , the last 2 weeks have been bloody. Capella was trading at $93 a share two weeks ago, and just sunk to below $60 earlier today. Data out from the Department of Education is showing that only 20% of students are repaying their federal student loans. This has caused a panic in the education sector that new government regulation could be forthcoming. Again, if you are one to take risks in the market at times, adopt a form of discipline that will limit your losses. Elsewhere, the market was able to creep up off of earlier lows. Trading was mixed all around, with stocks like Deere ( DE ) and Johnson Controls ( JCI ) finishing higher, while EOG Resources ( EOG ) and Sysco ( SYY ) lagged. Volume continues to drag, with 3.14 Billion shares traded on the NYSE and 1.6 Billion shares traded over on the NASDAQ. As always, be sure to check out our currently “Recommended” dividend stocks on our Best Dividend Stocks List . See you tomorrow! Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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EOG Resources Upgraded to Goldman’s “Conviction Buy” List (EOG)

Filed in dividend, Gold, Gold Investing, goldman sachs, shares by on August 10, 2010 0 Comments
EOG Resources Upgraded to Goldman’s “Conviction Buy” List (EOG)

Natural gas and oil producer EOG Resources, Inc. ( EOG ) saw its shares added to Goldman Sachs’ prestigious “Conviction Buy” List on Tuesday. The firm also set a $129 price target on EOG, which represents a potential 29% upside to the stock’s Monday closing price of $99.94. Goldman identified EOG as a secular winner among its peers in the exploration and production sector, citing its ability to quickly find to horizontal liquids resource plays. The analyst also noted EOG’s higher liquids production, top-tier growth, and cash returns could drive its price up to historic premiums. EOG Resources shares rose 36 cents, or +0.4%, in premarket trading Tuesday. The Bottom Line Shares of EOG have a .62% dividend yield, based on last night’s closing stock price of $99.94. The stock has technical support in the $95-$96 price area. If the shares can firm up, we see overhead resistance around the $107-$110 price levels. We would remain on the sidelines for now. EOG Resources, Inc. ( EOG ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for Aug.6 (FCX, ABX, STRA, PNC, DIS, more)

Market Wrap-Up for Aug.6 (FCX, ABX, STRA, PNC, DIS, more)

There was chatter that we might see a positive surprise in this morning’s jobs data, but the results were not what Wall Street and investors had been hoping for. We still haven’t heard much about a pick-up in hiring from looking at the numerous earnings reports out this quarter, but yet there were experts willing to believe the private sector was going to show some impressive jobs gains. Economic data is so much of a coin-flip that manic one-day reactions are almost always tied to traders getting caught leaning too hard to one side of the trade. There are lots of cross-currents about the economy being not as weak as some describe, but then we also have the side which believes we are going to follow the course of Japan (deflation) over the next decade. Predictions that far out are never easy to nail, so what we like to do is focus on the best time-frame we feel we can correctly get a handle on, and that is usually the next year tops. Too much can happen in a rather short period of time to put out decade-long scenarios. Most of those pundits are doing it simply to get face-time on the business channels that are suckers for the ratings-grabbing dramatic headlines. Despite the decent-sized drop this morning and snapback this afternoon, commodity-related stocks traded mixed. Freeport McMoran ( FCX ) continues its recent run, finishing in the green. I cringe when I see market-watchers loving the rally in the commodity names. Granted, they are loved by traders who are in the game to make money, but a rise in commodity stocks will likely be a hit to consumers’ wallets (as well as many businesses), and not something I view as bullish for the overall picture. Elsewhere, gold-related stocks bounced up after the recent consolidation. Barrick Gold ( ABX ) and Agnico-Eagle Mines ( AEM ) led the gains. As for some of the names that pushed lower, PNC Financial ( PNC ) , EOG Resources ( EOG ) and Strayer Education ( STRA ) experienced some of the biggest drops by the close. Good comeback for the markets by the close and we’ll see if the momentum can sustain into next week. Looking ahead to next week, earnings season begins to see a bit of a seasonal slowdown. We will be getting reports from the likes of Walt Disney ( DIS ) , Macy’s ( M ) , Nordstrom Inc. ( JWN ) , and more. Be sure to check out our Dividend Watchlist updates this weekend on Dividend.com Premium! And don’t forget, our list of currently-recommended dividend plays can be found on our Best Dividend Stocks List . Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings

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EOG Resources Shares Fall as Morgan Stanley Slashes Estimates (EOG)

Filed in dividend, earnings, Gold, Gold Investing, shares by on August 6, 2010 0 Comments
EOG Resources Shares Fall as Morgan Stanley Slashes Estimates (EOG)

Natural gas and oil producer EOG Resources, Inc. ( EOG ) on Friday saw its earnings estimates cut by analysts at Morgan Stanley. The firm said it cut its estimates for EOG through 2012, noting the company is seeing lower U.S. natural gas liquids volume. Morgan Stanley also said EOG faces higher tax rates, which will be a drag on earnings. Still, the analyst maintained its “Equal-weight” rating on the stock. EOG Resources shares fell $3.44, or -3.4%, in premarket trading Friday. The Bottom Line Shares of EOG have a .61% dividend yield, based on last night’s closing stock price of $102.44. The stock has technical support in the $95-$96 price area. If the shares can firm up, we see overhead resistance around the $107-$110 price levels. We would remain on the sidelines for now. EOG Resources, Inc. ( EOG ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for May 4 (X, CLF, EOG, EMR, MRK, PFE, more)

Filed in earnings, Gold, Gold Investment, lead, shares, ubs by on May 4, 2010 0 Comments
Market Wrap-Up for May 4 (X, CLF, EOG, EMR, MRK, PFE, more)

As we surmised yesterday, the market was not making much sense ignoring all the concerns that developed over the weekend. Yesterday’s rally felt as un-natural as a rally can ever be. Today, the reality set in, and this is despite the good news the attempted Times Square bomber was caught. We removed some dividend plays from our recommended list this morning so be sure to check them out in the post here if you did not read the e-mail alert we sent out earlier. We may have further changes to make as we absorb more of the data we are currently analyzing. We’ll be sure to keep subscribers alerted to further changes. Looking at today’s big drop, we saw commodity plays leading the way lower. The “aggressive” names we removed several weeks back – U.S. Steel ( X ) , Cliffs Natural Resources ( CLF ) and Walter Industries ( WLT ) were among the hardest hit. Earnings results slammed shares of EOG Resources ( EOG ) , Vulcan Materials ( VMC ) and Emerson Electric ( EMR ) as well. Other names that pushed lower included International Paper ( IP ) and Dow Chemical ( DOW ) . Merck ( MRK ) and Pfizer ( PFE ) were able to sidestep the selling for the most part. Volume closed much higher than yesterday, as we did 6.59 Billion shares on the NYSE and 2.88 Billion shares on the NASDAQ. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Dividend Stock Leaders and Laggards from the Week of Apr.5-9 (MTB, PNC, CASY, HOG, MON, MEE, more)

Filed in Gold, Gold Investing, Gold Investment by on April 10, 2010 0 Comments
Dividend Stock Leaders and Laggards from the Week of Apr.5-9 (MTB, PNC, CASY, HOG, MON, MEE, more)

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Casey’s General Stores Inc. ( CASY ) $39.10 +23.54% Harley-Davidson ( HOG ) $32.92 +16.00% Wynn Resorts ( WYNN ) $87.17 +12.62% EOG Resources Inc. ( EOG ) $104.77 +9.61% PNC Bank Corp. ( PNC ) $64.80 +7.57% M&T Bank Corporation ( MTB ) $85.34 +7.25% ConocoPhillips ( COP ) $55.32 +6.34% Monsanto Company ( MON ) $68.85 -2.80% American Eagle Outfitters Inc. ( AEO ) $17.77 -3.74% Aetna Inc. ( AET ) $33.03 -5.44% Massey Energy Company ( MEE ) $46.72 -11.93% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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EOG Resources’ Target, Estimates Boosted at UBS (EOG)

Filed in Gold, Gold Investing, Guidance, shares by on April 8, 2010 0 Comments
EOG Resources’ Target, Estimates Boosted at UBS (EOG)

Integrated oil and gas producer EOG Resources, Inc. ( EOG ) saw its earnings estimates and price target raised on Thursday by analysts at UBS. The analyst said it now expects EOG shares, which had closed at $103.74 on Wednesday, to reach $112. UBS also boosted its earnings estimates for the company, citing higher production growth guidance given at its analyst meeting, and maintained its “Neutral” rating on the stock. EOG shares were mostly flat in premarket trading Thursday. The Bottom Line Shares of EOG have a .60% dividend yield, based on last night’s closing stock price of $103.74. The stock has technical support in the $95-$100 price area. If the shares can continue to ramp up, we see overhead resistance around the $110 price level. We would remain on the sidelines for now. EOG Resources, Inc. ( EOG ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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