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Stock Market & Financial Investment News

News Breaks
February 13, 2013
17:23 EDTEOGEOG Resources increases dividend to 18.75c from 17c per share
Effective with the dividend payable on April 30, to holders of record as of April 16, the quarterly dividend on the common stock will be 18.75c per share, an increase of 10% over the previous indicated annual rate.
News For EOG From The Last 14 Days
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July 1, 2015
18:20 EDTEOGShell CEO says Opec production has pressured shale companies, FT reports
In an interview with the Financial Times, Shell (RDS.A, RDS.B) CEO Ben van Beurden said Opec's decision not to cut production has sent a "powerful signal... to shale oil companies as well as their financiers that they cannot forget the price risk. The industry will remember it for some time." The CEO noted that industry efforts to boost efficiency and cut costs should keep production going for "a while to come... until the sweet spots start running out." Publicly traded companies in the space include Chevron (CVX), Anadarko Petroleum (APC), Exxon Mobil (XOM), BP (BP), Marathon Oil (MRO), BHP Billiton (BHP), ConocoPhillips (COP), Pioneer Natural Resources (PXD), EOG Resources (EOG), Concho (CXO), Whiting Petroleum (WLL), and Continental Resources (CLR). Reference Link
18:19 EDTEOGZaZa Energy reports mid-year reserves update
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June 29, 2015
08:21 EDTEOGEOG Resources outperformance likely to resume, says BMO Capital
After meeting with EOG, BMO Capital says that it has become more upbeat on the stock's outlook. The firm says that the company's production is expected to bottom in Q2, and it expects the stock to resume outperforming,.

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