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Stock impact report

EOG Resources: Key Takeaways From The Third Quarter 2018 [Seeking Alpha]

EOG Resources, Inc. (EOG) 
Last eog resources, inc. earnings: 2/27 04:33 pm Check Earnings Report
US:NYSE Investor Relations: investors.eogresources.com
Company Research Source: Seeking Alpha
EOG Resources: Key Takeaways From The Third Quarter 2018SummaryEOG's third-quarter 2018 profit jumped to $1,191 million, far above the $100.5 million earned a year ago, as its premium drilling strategy and technical advances grew production across its North.Furthermore, the oil prices may have entered a long bearish cycle, and even if the price of oil may eventually bounce back from time to time, the trend is down.The best strategy that I recommend is to play (I mean trade) the channel $95-$115 and use the RSI (30/70) to pinpoint overbought/oversold situation. Long-term investment can wait. Show less Read more
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