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Stock impact report

3 Battle-Tested Energy Stocks With the Balance Sheets to Handle the Next Iran-Driven Shock [Globe and Mail, The (Toronto, Canada)]

EOG Resources, Inc. (EOG) 
Last eog resources, inc. earnings: 2/27 04:33 pm Check Earnings Report
US:NYSE Investor Relations: investors.eogresources.com
EOG Resources' low-cost operations and strong financial profile put it among the sector's elite. The war with Iran is causing one of the greatest energy supply shocks in a generation. Oil prices have soared this year due to disruptions to oil shipments through the Strait of Hormuz. There are growing concerns that parts of the global economy will face fuel supply shortages in the coming months, even with Iran's recent announcement that the Strait of Hormuz is now open to commercial traffic. However, while supply is currently out of balance with demand, the imbalance could flip if there's a peace deal that allows Iran to freely export oil. That could eventually send crude prices crashing lower. Here are three battle-tested energy stocks with fortress-like financial profiles to withstand the next Iran-driven oil shock. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the cri Show less Read more
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