EOG Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: EOG's robust financial health positions it to capitalize on potential recovery in gas prices, driving growth and shareholder value. As volatility stays low, upward price movements may present lucrative opportunities.




Bearish Case: Persistent low gas prices combined with rising operational costs could delay production and hinder profitability, particularly if market conditions fail to improve, creating downward pressure on EOG's stock.




Potential Outcomes:

1) 35% - Recovery of gas prices boosts revenue.

2) 30% - Failures in completing wells due to sustained low prices.

3) 20% - Operational cost stabilization enhances margins.

4) 15% - Unforeseen disruptions impact performance.




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October 20, 2024


EOG Resources Forecast

EOG        EOG Resources











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