Bullish Case: EOG's robust operations, sector recovery, and increased exploration investment drive optimism for sustained growth and dividend stability.


Bearish Case: Insider selling, volatile commodity prices, and industry challenges could pressure EOG's profitability and hamper stock performance.


Potential Outcomes: 60% - Sector recovery uplifting EOG. 25% - Commodity volatility constraining profits. 10% - Insider activity inciting stock devaluation. 5% - Unforeseen events disrupting the market.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 09, 2024


EOG Resources Forecast

EOG        EOG Resources
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with EOG



MRO Forecast + Options Trading Strategies   MRO  Marathon Oil (0.95)


NOG Forecast + Options Trading Strategies   NOG  Northern Oil and Gas (0.94)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (0.93)


OIH Forecast + Options Trading Strategies   OIH  VanEck Vectors Oil Services (0.92)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to EOG



VOD Forecast + Options Trading Strategies   VOD  Vodafone (0.0)


RL Forecast + Options Trading Strategies   RL  Ralph Lauren (0.0)


WHR Forecast + Options Trading Strategies   WHR  Whirlpool (-0.0)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (-0.0)


SNY Forecast + Options Trading Strategies   SNY  Sanofi (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against EOG



SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (-0.69)


LW Forecast + Options Trading Strategies   LW  Lamb Weston (-0.73)


PRFT Forecast + Options Trading Strategies   PRFT  Perficient (-0.78)


ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (-0.82)


DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.85)


EOG News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






Become a more profitable investor with AI optimized trading strategies






×

Chat with EOG


 Ask me any question!