News: EOG Resources, Inc. (EOG.N)

EOG.N on New York Stock Exchange

99.89USD
23 Dec 2009
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$2.12 (+2.17%)
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Thu, Dec 17 2009

UPDATE 4-Oil, gas co's to hike new project spending-survey

* U.S. spending seen up 12 pct in 2010, Canada up 23 pct

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Any Chevron shale gas foray must "move the needle"

SAN FRANCISCO (Reuters) - Chevron Corp , the second largest oil company in the U.S., would want to "move the needle" if it made a major push into U.S. shale gas, a sector that Exxon Mobil Corp put in the spotlight with its planned acquisition of XTO.

Exxon bid highlights oil majors' shine for natural gas

LONDON/NEW YORK (Reuters) - Exxon Mobil Corp's $30 billion takeover of XTO Energy Inc is a major vote of confidence in natural gas and the latest sign that the world's top oil companies are looking to invest more in the cleaner-burning fuel.

Exxon bid highlights oil majors' shine for natural gas

LONDON/NEW YORK (Reuters) - Exxon Mobil's $30 billion (18.4 billion pounds) takeover of XTO Energy Inc is a major vote of confidence in natural gas and the latest sign that the world's top oil companies are looking to invest more in the cleaner-burning fuel.

Exxon bid highlights oil majors' shine for natural gas

LONDON/NEW YORK (Reuters) - Exxon Mobil Corp's $30 billion takeover of XTO Energy Inc is a major vote of confidence in natural gas and the latest sign that the world's top oil companies are looking to invest more in the cleaner-burning fuel.

Info overload on oil reserves may confuse Wall Street

HOUSTON (Reuters) - U.S. regulators changed the rules for reporting oil and natural gas reserves to increase transparency for investors, but the added flexibility for energy companies may leave Wall Street with an obscured view.

Nexen sees tenfold jump in Horn River gas output

* Looking to better a break-even price of $5-$6/mcf (In U.S. dollars unless noted)

Oil & gas profits slide, cost cuts help outperform

BANGALORE (Reuters) - Independent oil and gas firms EOG Resources , Petrohawk Energy , Plains Exploration and Continental Resources all reported sharply lower quarterly profits due to a slump in prices.

WRAPUP 3-Oil & gas profits slide, cost cuts help outperform

* Continental, Plains beat est. on lower production costs

UPDATE 1-EOG Q3 net slides, revenue misses Wall St estimate

* Q3 revenue $1.01 bln vs Wall St estimate of $1.13 bln

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