EOG Resources: Continues To Reward Shareholders, Higher Oil Helps
EOGEOG Resources(EOG) Seeking Alpha·2023-12-21 18:02

ClaudioVentrella Oil prices are finally making some headway as we approach the end of 2023. WTI peaked about three months ago just shy of $100, but as geopolitical fears ebbed, the bid to oil retreated. A weaker dollar in that span, normally a tailwind, didn't provide much of a Q4 boost. Still, domestic oil prices are significantly off the lows as a new bout of global supply uncertainty makes headlines. This bullish reversal may benefit key domestic oil and gas exploration and production companies. I have a ...