Camarda Financial Advisors LLC Increases Investment in EOG Resources,
February 1, 2023
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Camarda Financial Advisors LLC has recently increased its ownership of EOG ($NYSE:EOG) Resources, Inc., a leading independent oil and gas exploration and production company. EOG Resources Inc. is a publicly traded company on the New York Stock Exchange (NYSE) under the ticker symbol EOG. The company is headquartered in Houston, Texas and is an industry leader in the exploration and production of oil and natural gas in the United States. The company’s operations span multiple U.S. states including Texas, Louisiana, Wyoming, North Dakota and Colorado. EOG Resources Inc.’s business model is based on the exploration and production of oil and natural gas from conventional and unconventional resources. This includes both onshore and offshore operations. In addition to its production activities, EOG Resources Inc. also has interests in midstream and downstream activities, such as operating pipelines, storage facilities and marketing operations.
The company also invests in strategic partnerships to further expand its operations. EOG Resources Inc. has a strong track record of success with a history of strong financial performance and reserves growth. The company’s stock has also been a popular choice among investors due to its relatively low risk profile and attractive dividend yields. With the increasing demand for oil and natural gas, EOG Resources Inc. is well positioned to capitalize on the opportunities available in the industry.
Share Price
Camarda Financial Advisors LLC recently announced that they have increased their investments in EOG Resources, Inc. At the time of writing news coverage regarding the move has been mostly positive. On Monday, EOG RESOURCES stock opened at $133.2 and closed at $132.1, down 1.9% from the previous closing price of 134.7. This could indicate that the market is not as optimistic about the new investment as Camarda Financial Advisors LLC. Despite the downward movement in EOG RESOURCES stock, investors seem to be confident in the company’s long-term prospects. EOG Resources, Inc. is a leading independent oil and natural gas exploration and production company with operations in the United States and abroad. The company’s operations are focused on the development of unconventional resources, including oil and natural gas from shale formations, tight sands, and coalbed methane. The increased investment from Camarda Financial Advisors LLC has been seen as a vote of confidence in the company’s future prospects. The new investment may help to boost investor confidence in the company and could result in an increase in EOG RESOURCES stock price.
Additionally, the new investment could provide EOG Resources, Inc with additional capital for expansion and development. Ultimately, Camarda Financial Advisors LLC has made a strategic decision to increase their investment in EOG Resources, Inc. Despite the current decline in stock price, investors remain confident in the company’s future prospects. The new investment could result in increased investor confidence and further growth for EOG Resources, Inc. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Eog Resources. More…
| Total Revenues | Net Income | Net Margin |
| 28.91k | 7.47k | 37.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Eog Resources. More…
| Operations | Investing | Financing |
| 10.81k | -4.5k | -5.34k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Eog Resources. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 40.49k | 16.64k | 40.61 |
Key Ratios Snapshot
Some of the financial key ratios for Eog Resources are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.2% | 52.5% | 33.6% |
| FCF Margin | ROE | ROA |
| 21.3% | 26.3% | 15.0% |
VI Analysis
VI App makes analyzing the financial and business fundamentals of EOG RESOURCES easier, giving investors a better understanding of the company’s long term potential. According to the VI Risk Rating, EOG RESOURCES is a medium risk investment. Due to the company’s financial and business aspects, the app has detected two risk warnings in the income sheet and balance sheet. The VI App can help investors to identify patterns and trends in the financials of a company, such as revenue growth, debt levels, cash flow, profits and losses etc. This can be used to determine the potential risks and rewards associated with investing in the company. The app also provides insights into the company’s operations, allowing investors to make more informed decisions about their investments. VI App also provides detailed analysis and alerts on any changes in a company’s financials, giving investors an up-to-date overview of the company’s performance. Furthermore, it enables investors to compare EOG RESOURCES to similar companies in the same sector or industry, giving a more comprehensive understanding of the company’s performance relative to its competitors. Overall, the VI App makes it easier for investors to analyze and understand the financials of EOG RESOURCES, providing them with a better understanding of the long term potential of their investments. If you are interested in learning more about EOG RESOURCES, register on vi.app to check out the risk warnings and analysis provided by the app. More…
VI Peers
EOG Resources Inc is an American petroleum and natural gas exploration and production company with operations in the United States, Trinidad, the United Kingdom, and China. One of the largest American independents, its principal business is exploring for, developing, and producing crude oil and natural gas. EOG Resources is organized as a Delaware corporation and is headquartered in Houston, Texas.
The company’s competitors include Ovintiv Inc, Continental Resources Inc, Hess Corp.
– Ovintiv Inc ($TSX:OVV)
Ovintiv Inc is an oil and gas exploration and production company with a market cap of 18.04B as of 2022. The company has a Return on Equity of 33.39%. Ovintiv Inc is engaged in the exploration, development, production and marketing of crude oil, natural gas and natural gas liquids. The company has operations in the United States, Canada, Europe and South America.
– Continental Resources Inc ($NYSE:CLR)
Continental Resources, Inc. explores, develops, and produces crude oil and natural gas. It operates through the following segments: Bakken, SCOOP Woodford, and Other. The company was founded by Harold Hamm in 1967 and is headquartered in Oklahoma City, OK.
– Hess Corp ($NYSE:HES)
Hess Corporation is an American oil and gas company with operations in the United States, Canada, Equatorial Guinea, the United Kingdom, Indonesia, and Denmark. The company is headquartered in New York City.
Hess has a market cap of $39.94 billion as of 2022 and a return on equity of 29.47%. The company is engaged in the exploration, production, marketing, and refining of crude oil and natural gas. Hess also owns and operates a refinery in St. Croix, U.S. Virgin Islands.
Summary
Camarda Financial Advisors LLC recently increased its investment in oil and gas company EOG Resources, Inc. This decision was made in light of the positive news coverage that has surrounded the company at the time of writing. Analysts note that EOG Resources is a well-established producer of natural gas, oil, and natural gas liquids, making it an attractive investment option. Additionally, the company’s strong financial position and low debt levels have helped to make it an appealing pick for investors. Going forward, investors should continue to monitor the company’s progress and performance to ensure that the investment remains a sound one.
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