EOG Resources News

The leading operators were: Devon Energy, 10 rigs ; EOG Resources, 8 rigs ; Chesapeake Energy, 6 ; and XTO Energy, 6 . The number of active U.S. drilling rigs fell by eight this week, to 1,989. Rigs drilling for oil rose by 18, to 1,263, while natural gas rigs fell by 25, to 720, according to Houston-based oilfield services firm Baker Hughes.

Apple Inc. : Jim Cramer ranked this stock a Buy . The stock closed at $493.17, its 52-week high is $496.75, and its 52-week low is $310.50. : Jim Cramer ranked this stock a Buy .

Wow, it certainly is getting much harder to find new oil. While Exxon , Chevron , and BP p.l.c. , have all reported fairly strong earnings, these companies have now failed to show consistent increases in their oil and natural gas production for several quarters now.

BP just released its long-term energy outlook which suggests carbon emissions will increase by 28% by 2030.

Noble Energy, Inc. will unveil its latest earnings on Thursday, February 9, 2012.A The average estimate of analysts is for profit of $1.10 per share, a rise of 5.8% from the company's actual earnings for the same quarter a year ago.

The announcement sent YPF shares up 8 percent to 165.25 pesos on the Buenos Aires exchange.

Apple Inc. : Jim Cramer ranked this stock a Buy . The stock closed at $468.83, its 52-week high is $469.75, and its 52-week low is $310.50. Abiomed Inc.

EOG Resources Inc., the fourth quarter's best-performing U.S. shale producer, plans to get a record 75 percent of its North American revenue from higher- profit petroleum liquids this year as gas prices tumble, branching faster into oil than Chesapeake Energy Corp.

AAPL , AMZN , AOL , ATVI , BBBY , CF , DECK , DIS , DLTR , EA , EOG , FOSL , GLD , HBI , JWN , KO , MNST , PCLN , RL , SPY , THQI , TM , TTWO , TWX , VFC , WTW The market had another quiet day, but this time it slowly moved to the upside as Greece and earnings were the main catalysts for the market.

Now, new profits and investment opportunities are emerging from the surge in U.S. gas and oil production.

In North Texas, Chesapeake Energy had only seven rigs busy this week, compared with 11 just a week earlier, according to RigData -- evidence that the company is already shifting rigs toward other areas where it can recover more attractively priced oil, condensate and natural gas liquids.

EOG Resources 's stock had its "buy" rating reiterated by research analysts at Canaccord Genuity in a report issued on Friday.

Research analysts at Credit Suisse initiated coverage on shares of EOG Resources in a report issued on Friday.

Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts , FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud . We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.

Under Armour : "I liked that quarter...that was very good because of innovation and compression...and all those products coming out." IBM : "I think it goes higher, the numbers are doable...IBM is doing everything right.

Excellong, Inc., of Sugar Land has filed for a permit to drill an 8,000-foot well in the Tulsita-Wilcox field.

AAPL , AOL , ASH , AZO , BIDU , BX , CAR , CAT , CMI , DECK , DLTR , EOG , KMX , PCLN , PZE , RL , SCO , UPS , USO , VFC , VRTX , X , XOM The market made another stellar comeback intraday today moving against what we thought it would do as the Greece crisis caused a gap down to open the day, but the market responded by moving upwards throughout the ... (more)

Legendary investor T. Boone Pickens recently appeared on SquawkBox . The primary subject of conversation was President Obama's newly unveiled energy initiatives, and, more specifically, the parallels between those initiatives and the Pickens Plan.

LINDON, UT and EDMONTON, AB -- -- 01/30/12 -- Profire Energy, Inc. announced the opening of an office in Houston, Texas.

The first shipment of processed sand from Chippewa Falls, Wis., arrived at the EOG Resources Sand Plant and Rail Facility on Sunday, Jan.