EOG Forecast + Trading Strategies


Bullish Case: EOG's strong financial health, combined with the potential recovery in gas prices, positions it well for increased revenue. Upcoming earnings could trigger positive sentiment, enhancing share value.


Bearish Case: Persistent low gas prices and rising operational costs may delay well completions, negatively impacting future revenue. Additionally, insider selling and market volatility could further pressure EOG's stock performance.


Potential Outcomes:

1. 40% - Gas prices recover, boosting EOG's revenue.

2. 30% - Continued low prices lead to operational delays.

3. 20% - Stabilization in inflation helps cost management.

4. 10% - Unforeseen market changes disrupt performance.


Trading Oracle: Implement a bullish strategy: sell a $125.00 strike put, buy two $120.00 puts expiring soon. With high market odds (76%) and solid risk/reward, this strategy leverages low IV and anticipated upward price movements.


July 26, 2024


EOG Resources Forecast

EOG      EOG Resources











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