Company Of The Day: EOG Resources
What?
Crude oil prices have surged to about $95 per barrel as of late last week, marking an eighth straight weekly advance.
Why?
The rally comes amid concerns that Russia could invade Ukraine within days.
So What?
The gains in oil prices bode well for upstream players such as EOG Resources (NYSE:EOG). EOG stock gained almost 3.5% in Friday’s trading and remains up 28% year-to-date.
See Our Complete Analysis For EOG Resources
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.
Returns | Feb 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
EOG Return | 5% | 31% | 15% |
S&P 500 Return | -2% | -7% | 97% |
Trefis MS Portfolio Return | 1% | -9% | 259% |
[1] Month-to-date and year-to-date as of 2/14/2022
[2] Cumulative total returns since the end of 2016