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Stock impact report

EOG Slides as Disappointing Oil Target, Higher Spending Clash [BNN Bloomberg (Canada)]

Siebert Financial Corp. (SIEB) 
US:NASDAQ Investor Relations: siebertnet.com
Company Research Source: BNN Bloomberg
The plans are “disappointing,” said Gabriele Sorbara, managing director at Siebert Williams Shank & Co. The stock fell as much as 6.3%, making EOG one of the worst performers in the S&P 500 Index on Friday. The shale-drilling specialist also signaled it intends to sit out the current consolidation trend among oil-industry rivals. When asked about expansion via corporate takeovers, executives on a conference call with analysts reiterated their commitment to so-called organic growth through its existing portfolio. ©2024 Bloomberg L.P. Show less Read more
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