Company Of The Day: EOG Resources

December 7th, 2022 by Trefis Team
+10.35%
Upside
125
Market
138
Trefis
EOG: EOG Resources logo
EOG
EOG Resources

What?

Front-month Nymex crude oil for January delivery fell almost 4% on Monday to $76.90 per barrel.

Why?

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The decline comes amid the potential implementation of a $60 per barrel price cap on Russian oil by the U.S. and concerns about continued aggressive rate hikes by the Federal Reserve.

So What?

This could potentially result in lower price realizations for major U.S. oil producers such as EOG Resources (NYSE:EOG)

See Our Complete Analysis For EOG Resources

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

Returns Dec 2022
MTD [1]		 2022
YTD [1]		 2017-22
Total [2]
 EOG Return -10% 44% 26%
 S&P 500 Return -3% -17% 76%
 Trefis Multi-Strategy Portfolio -4% -21% 214%

[1] Month-to-date and year-to-date as of 12/7/2022
[2] Cumulative total returns since the end of 2016

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