EOG Resources Price Target Maintained With a $150.00/Share by RBC Capital
Biden has banned new offshore oil drilling along the Atlantic and Pacific coasts of the USA, and it will be difficult for Trump to reverse this decision.
① Biden has permanently prohibited oil companies from obtaining new Oil & Gas drilling leases in approximately 0.625 billion acres of offshore waters; ② The US Energy industry has expressed dissatisfaction and called on Trump to use all tools to overturn this policy; ③ Due to legal restrictions, Trump finds it difficult to simply reverse Biden's decision, while some Republican politicians in coastal states also support this policy.
Oil Extends Strong Start to 2025 on Signs of Strong Demand for Mideast Crude
RBC Capital Maintains EOG Resources(EOG.US) With Hold Rating, Maintains Target Price $150
Barclays Maintains EOG Resources(EOG.US) With Hold Rating, Maintains Target Price $140
Analysts Offer Insights on Energy Companies: EOG Resources (EOG), Enbridge (ENB) and Noble Corporation PLC Class A (NE)
Oil prices have risen for five consecutive times, Energy stocks lead the rise in U.S. stocks. What is the market anticipating?
The rise in oil prices is mainly due to the market's expectation of the Trump administration's upcoming sanctions against Iran, Venezuela, and Russia, which will lead to a reduction in Global Crude Oil Product supply, causing Energy Stocks to strengthen and become the stocks with the largest increase this week.
EOG Resources Analyst Ratings
Wolfe Research Upgrades EOG Resources(EOG.US) to Buy Rating, Announces Target Price $143
U.S. Natural Gas Holds Its Ground Ahead of Storage Data -- Market Talk
EIA Crude Oil Product inventories decreased by 1.178 million barrels month-on-month, a decrease lower than market expectations.
In the USA, commercial Crude Oil Product inventories excluding the Strategic Reserve decreased by 1.178 million barrels to 0.416 billion barrels, the lowest level since the week of September 20, 2024, with a decline of 0.28%.
After experiencing a bumper harvest in 2024, the USA ETF may encounter setbacks this year.
The USA Exchange Traded Fund (ETF) received a record inflow of $1.1 trillion in 2024, but entering 2025, rapid growth may face more obstacles.
Wells Fargo Maintains EOG Resources(EOG.US) With Buy Rating, Maintains Target Price $150
Wells Fargo Keeps Their Buy Rating on EOG Resources (EOG)
USA liquefied Henry Hub Natural Gas demand reached a record high, with expectations for continued growth in 2025.
Preliminary data from financial company LSEG shows that on Tuesday (the last day of 2024), the market demand for Henry Hub Natural Gas at US liquefied natural gas production facilities hit a record high, reaching 0.43 billion cubic meters per day.
Gold Trade, 2025 Oil Market Outlook: Catalysts
EOG Resources, Inc.'s (NYSE:EOG) Intrinsic Value Is Potentially 53% Above Its Share Price
Oil 2025: A Tailwind for Trump as Wall Street Projects Lower Crude Prices
2025 Crude Oil Product market outlook: Wall Street is pessimistic, and oil prices may head straight for 60 dollars?
① Due to the increase in global supply, many Wall Street Analysts believe that Crude Oil Product prices will show a downward trend in 2025; ② JPMorgan predicts that the average price of Brent Crude Oil will fall to $73 per barrel in 2025, while Bank of America forecasts that oil prices may drop to $65 per barrel in 2025; ③ The Organization of the Petroleum Exporting Countries (OPEC) may decide to increase Crude Oil Product supply in 2025.
Hong Kong stocks are moving differently | Petroleum stocks are collectively rising as the cold wave in the USA drives Crude Oil Product fluctuations upwards. Institutions continue to be Bullish on the long-term value of the "three major oil companies."
Petroleum stocks collectively rose, as of the time of publication, China Oilfield Services (02883) increased by 3.2%, reaching 7.1 Hong Kong dollars; Sinopec (00386) rose by 2.51%, reaching 4.49 Hong Kong dollars; CNOOC (00883) increased by 1.971%, reaching 19.22 Hong Kong dollars.