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Hybrid Bio-Signal-Based Brain-Computer Interface
A Hybrid Bio-Signal-Based Brain-Computer Interface
US News' Investing's 2023 picks are up 13.1% vs 7.7% for S&P so far.
WiMi Developed An EOG-based VR Interaction System for Intelligent HCI Model
An EOG-based VR Interaction System for Intelligent HCI Model
ENTERPRISE GROUP, INC. ANNOUNCES LETTER TO SHAREHOLDERS FROM PRESIDENT & CEO – LEONARD D. JAROSZUK (TSX: E, OTCQB: ETOLF)
2023-02-14 Wrinkle-brain Plays (Mathematically derived options plays)
$OILCF Permex Petroleum Corp OTCQB Mc 14mc 20x pt of $4 Drilling now
Week of 5-16: Most Important Charts to Watch #001
End of the boom in sight for U.S. shale drillers - WSJ
End of the boom in sight for U.S. shale drillers - WSJ
It is starting to look very likely that Russia will indeed invade Russia. How to make money off of it.
EOG.V ECAOF (TSXV oil/gas) reports financials, both tickers tanked >20% from huge sell orders put in at the same time. My thinking is an institution pulled out, no other way to describe the identical volumes. Financials have some bullish potential for 2022 (i.e. Orindiuk), time to load up the dip?
$EOG.V $XOM showing other promising opportunities
After Non-Commercial Oil Discovered in Sapote-1 Spud, Eco Atlantic $EOG.V $ECAOF Eyes New Opportunities
Eco Atlantic ($EOG.V) Picking up steam before official announcement.
Eco Atlantic ($EOG.V) Provides Reassurance as a Good Investment with it’s Recent Performance
$AGYP - Oil Stocks Benefit From Rising Prices
With Summer slowly winding down, has Oil and oil related stocks peaked?
ReconAfrica DD – Early stages of what is setting up to be the largest oil discovery in decades
ReconAfrica DD – Early stages of what is setting up to be the largest oil discovery in decades
$VBHI Verde Bio Holdings, Inc. Closes Acquisition of Mineral and Royalty Interests
$VBHI Verde Bio Holdings, Inc. Closes Acquisition of Mineral and Royalty Interests
Mentions
EOG but im out if it hits 1.25 in at 1.07
USO and UCO don’t own oil. They own futures contracts that they roll every month. In contango (next month’s contract costs more than this month’s), every roll is a guaranteed loss — sell low, buy high, repeat. That roll cost runs 2-3% per month, compounding to 20-30% annual drag. This is how USO returned only 15% over three years despite multiple oil spikes. UCO is 2x worse because it doubles the roll cost AND adds volatility decay from daily rebalancing. In a choppy market, which a war-driven oil market absolutely is, a 2x leveraged product can lose money even when the underlying goes up. Day 1: oil +5%, UCO +10%. Day 2: oil -5%, UCO -10%. Net: oil -0.25%, UCO -1.0%. That asymmetry compounds relentlessly. If you want to express a bullish oil view without contango eating you alive, look at equity proxies: XLE, XOP for broad energy, or individual E&Ps like EOG, AR, EQT that own physical reserves and benefit from higher realized prices without the roll bleed. Or if you want the short side of the oil shock, play the countries that can’t survive $100 oil INDA (India) imports 90% of its crude, half through Hormuz, and is at its 52-week low with record capital outflows. The worst thing you can do is buy UCO thinking you’re “leveraged long oil” and hold it for months. That’s not a position — it’s a donation to the futures curve. I learned the hard way playing with MSTU and UVXY until I did the math, they always went down harder and bounced back weaker so not really 2x
america being energy independent doesn't mean prices stay low domestically. oil is priced globally so if hormuz closes and supply gets squeezed, WTI goes up too even though the oil is coming from texas. american producers benefit because their production costs stay the same but they sell at the higher global price. the ones with the most upside are the producers with low breakeven costs like PXD and EOG. pipelines and midstream like ET and EPD are safer plays since they get paid regardless of price. i'd be careful going too heavy though because the moment there's a ceasefire or diplomatic progress oil drops fast and you're holding the bag
Must be an EOG hand. Only someone in that cult would call them the “gold standard” lol
I’m well integrated in the oil & gas industry (upper field management for one of SM Energy’s competitors in South Texas) & just wanted to add that SM Energy is held in very high regard to neighboring operators STX Oilfield is a tight knit community & slander towards competition is extremely common but SM Energy is one of the few companies that I hear nothing but good things about Another oilfield play I’d recommend looking into would be EOG Resources, they are the literal gold standard out here & are definitely worth glancing over Good post OP!
I told y’all about DNN. Here’s another one: EOG
Are my EOG 150s gonna be itm or am i psycho
Genuine question are my EOG calls gonna print
crude prices are down about -2.5% over the past year, not exactly runaway pricing. While a few companies like CVX trade at 28x, most trade more cheaply, like XOM 22x, COP 17.8x, EOG13.6x, PSX 14.3x. Also the integrateds are better balanced, benifitting in their downstream operations from lower prices. And if Orville knew how aweful the airline business would become, he would have shot Wilbur out of the air on his first flight.
Are we striking Iran this weekend or are my EOG calls cooked?
Are my SLV and EOG calls printing or nah (also spy 700 lotto for friday)
Is Iran full war priced into oil?? My EOG and USO calls are so excited
EOG 5 day next week or im fucked
EOG (enron oil and gas), as well as Arthur anderson now anderson still both exist EOG was spun off before and AA is "too big to go away".
I've been stacking CNQ, XOM, PR, EOG, and SLB since June. Basically all of them are already up 10-20% and paying 3-6% dividends even with oil prices falling off since then.
TPL is a great company, my bags just got caught in EOG and i feel like i'd be selling at absolute worst time so i'm holding onto that worthless POS
Best comment. Though you can technically do this by buying EOG, which ironically is a great 2026 pick
Nice pick, EOG looking good too
Depends on the operator. The smaller primary Delaware companies (looking at you EOG), can get away with $50. For the companies with higher overhead, even $65 is tight.
Why not some US pure Shale producer like DVN, APA, SM, OVV, EOG ?
Oil producers. $EOG $OXY $XOM
this has been my strategy for the past few months. jacked to the gills on CNQ, XOM, PR, and EOG.
great time to load up on oil stocks which are also inexplicably down too if you think the downward trend in overall market might continue. EOG, CVX, and lastly CNQ if you want something more stable are at good entry points.
M & A reports. EOG, FANG, CVX, XOM, BUI, etc.🚀
CAT, EOG, ARCC, CL and a little ACI
Conoco Phillips, Phillips 66, EOG resources, diamondback energy, Devon energy, OXY, schlumberger
Oil prices on the come up as all these operators report earnings. Interested to see where things go for CNQ, EOG, MUR, and PR.
I DCA'd a bit more into PR and EOG.
I think one of the best plays for the AI data center race is actually North American natural gas producers. The days of oversupply and 2.00 Mcf is over. EQT, CTRA, EOG, RRC
Yep quit trading and invest in shit like EOG XOM AM instead of high risk stocks hoping for the moon.
Vital, Coterra, Permian Resources, Devon, Matador, EOG, COP, Exxon, OXY... literally any Permian producer.
$EOG and $FANG are two oil majors producing entirely from non-Middle East sources. Bought $15k and $10k at open yesterday even when up 3 and 4%. More to come if the Strait of Hormuz becomes blocked
EOG - they will climb if American drilling climbs. And in the event Irans production is in halt, this will be highly likely.
✅ Top West Texas / Permian Shale Plays (like EOG) Here are some publicly traded companies with strong operations in West Texas shale, especially the Permian Basin: ⸻ 🔹 FANG — Diamondback Energy Inc. • Pure-play Permian operator (Midland & Delaware Basins) • Excellent cost discipline and cash returns • Popular on Robinhood & Webull ✔️ ⸻ 🔹 PXD — Pioneer Natural Resources • Massive Permian footprint • Acquired by ExxonMobil (XOM) — but PXD ticker may still trade during integration • High operating leverage to WTI prices • Fractional shares and extended hours supported ✔️ ⸻ 🔹 DVN — Devon Energy • Permian + Delaware Basin exposure • Strong capital return programs • Trades heavily on most retail platforms ✔️ ⸻ 🔹 OXY — Occidental Petroleum • Huge West Texas acreage • Also owns Carbon Capture assets • Backed by Berkshire Hathaway ✔️ ⸻ 🔹 XOM — ExxonMobil • Now one of the biggest Permian producers after acquiring PXD • Vertical integration + refining margins can hedge downside • Fractional shares & after-hours: ✔️ ⸻ 🔹 CVX — Chevron Corp. • Large Permian stake, including Noble acquisition • Good dividend yield and integrated operations • Supported widely by retail brokers ✔️ ⸻ Honorable Mentions: • SM Energy (SM) — smaller-cap, high-Permian exposure • Coterra Energy (CTRA) — mixed gas/oil, solid West TX presence • Matador Resources (MTDR) — high growth, West Texas shale focus
West Texas shale plays are going to be more important with any oil disruptions, EOG is another good operator in W. Texas.
Their systems is what makes EOG so unique. And it's why they always win.
yup. but there is EOG which owns a bunch of the oil producing shales. surprisingly, EOG is the best o&g producer for drilling contractors to work for because they give great bonuses to the drilling companies. even the floorhands get large bonuses.
I'll give you 10 companies with higher forward yields and much better EPS consensus forecasts. Google, Meta, Berkshire, JPM, ADBE, WM, TSM, COF, EOG, ASML. The truth is the SP500 has been infected with shitstocks and regard traders. That's why the yields are all fucked. Focus on high quality names and suddenly it seems far more normal overall.
> The top five US-based oil and gas companies by market cap, according to S&P Global — ExxonMobil (XOM), Chevron (CVX), ConocoPhillips (CPP), EOG Resources (EOG) and Schlumberger (SLB) — have raked in more than $250 billion in profits between 2021 and 2023. That’s a 160% jump compared to the first three years of the pro-big-oil Trump administration, according to calculations by CNN. https://www.cnn.com/2024/06/11/economy/oil-industry-profits-under-biden/index.html
Ares Capital Pfizer TotalEnergies Canadian National Resources Bank of Nova Scotia Rio Tinto EOG Resources Komatsu OZK Bank
Final Thoughts OXY is a compelling but cyclical investment. Its Permian dominance, OxyChem stability, and CCUS potential are strengths, but revenue inconsistency and commodity exposure pose risks. The 6/10 rating reflects solid fundamentals offset by volatile growth and margins. For a 10-year horizon, investors should monitor oil prices, debt reduction, and CCUS progress. If you prioritize stability, EOG or CVX may offer better consistency; if you’re bullish on oil and CCUS, OXY’s value (P/E 13.94) is attractive.
I think some companies are getting to oversold levels - clearly the tariff impacts won’t be known but I’ve added to positions in RPM, IEX, STZ, MRK, HUBB, APO, CHDN, HCA, EOG and BLK. That’s only 10k of my portfolio though. The rest is in bonds/short term treasuries. My thesis on anything above is that either A. It’s trading at a discount to the market or its competition; B. It has reached a 5 year low and is back to COVID level; C. Has a strong competitive advantage, will benefit from reshoring or has a buttload of cash.
EOG enjoyers are in their bunks right now.
No worries, just moved my entire 401k portfolio over to EOG and OXY just to be safe. Drill baby drill
wtf is EOG? Bull run, who’s with me!?
What swings? Every small-capper that peaks once then immediately dips. Half the planet is sold on the propaganda that thinks tariffs are the equivalent of nuclear war. Look into slower volatility like FDX, AIR, EOG, ANET, ebbs and flows.
Oil and gas is cyclical. It's good to pick up when there's a crash, e.g. COVID it was a no brainer that oil would go back up at some point. However, if you want exposure to oil prices then pure shale producers like EOG or Diamondback are more purely oil. Exxon will also be driven largely by global gas prices. The big oil companies like Exxon aim more for stability and solid dividends rather than big growth.
Enron is still around. They’re just called EOG now. And they produce so….
I am looking at DVN also. One of the "positives" some analysts bring up is that it's so inexpensive right now that a buyout is a strong possibility. I agree that it seems inexpensive now. However its enterprise value right now is about $30B. So there aren't many companies that have the means to acquire them. Consider the list : XOM - bought PXD for $60B 5/24. CVX bought HES for $53B 10/23. COP bought MRO for $22B 5/24. FANG bought Endeavour for $26B 2/24. OXY bought Crown Rock for $12B 12/23. None of these are likely to do another acquisition for some time. Who does that leave? BP, Shell, Total who are all foreign and mostly acquiring "renewable" assets now and unlikely to go big in the US. The only other large enough US company is EOG, and they are averse to acquisitions. So where does that leave DVN? Likely to fend for themselves. Note that they recently did a purchase of Grayson for $5B, and their debt ballooned to $8B. On the plus side, with their huge cash flow, they can pay down debt, buy back shares, and pay a decent dividend, all at the same time. This is probably their best strategy.
It isn't influencing their decision because they're not competitors. It'd be like saying P66 is competing with EOG because they're both in oil and gas. Or Ferrari is a competitor to BYD. Or Walmart is a competitor to Gucci. They're in the same broad industry but do not compete with each other because they have different target customers.
EOG Enron Oil and Gas has been drilling for a lot of years.
UBS, Transcanada, Energy Transfer, Berkshire Hathaway, EOG Resources and Kinder Morgan
They never left lol TIL a lot of people don’t know what the E in EOG stands for Enron Oil & Gas
Technically you are not wrong. That is the last remaining operation of any significance. $EOG =)
US land and offshore production will reduce to only CHEVRON, EXXON, CONOCO, EOG (perhaps)
EOG is very active in my area in Ohio. But if oil falls they may slow it down.
Adding companies I own with profit margins >20%: QCOM, SNA, PAYX, FANG, EXR. A few others look pretty good, but I haven’t exactly done enough research, such as APD, JNJ, EOG, MRK.
We are the leading producer for now because SA has allowed the US to be. We are currently still floating in oil that was drilled pre Covid using the infrastructure built then too. Since covid: Drilling plummeted Lots of upstream drillers and service providers shut their doors Lots of midstream companies have either been bought or went out of business Droves of skilled O&G tradesmen have left the patch and not been replaced. If you think we won, drive out to midland, the heart of the Permian and see how dead the area feels compared to 2019. Drillers used cheap financing to continue an unsustainable business plan that required them to keep drilling to pay their bills because they were not profitable. I built flow lines for EOG during the Eagleford boom. I built trunk lines in the Permian, I consulted for PAALP to bring oil into Corpus and out on ships after Obama allowed US to export, I worked in the tank terminals in midland, Cushing, and SE LA. I am very familiar with how we got here. We are not in a position to maintain our production dominance if SA decides to fully flood the market again. We don’t have countless DUCTS waiting to be opened. We don’t have the pipelines or storage tanks to handle more oil and gas. It will take time to build, but the majors have cut back on CAPEX projects in order to pay investors dividends. But hey, you seem to have a great knowledge of the game since we produce more than Europe lol 😆
### Large-Scale Generator Companies: 1. **Caterpillar Inc.**: A leader in manufacturing industrial gas-powered generators, Caterpillar has a strong presence in natural gas-powered generators for large-scale applications, including data centers. 2. **Cummins Inc.**: Known for its broad portfolio of power generation products, Cummins is a global player in natural gas-powered generators. Their capabilities in large-scale industrial applications make them a likely beneficiary. 3. **Wärtsilä**: This Finnish company is a global leader in energy solutions, including large-scale gas engine generators. Wärtsilä has a strong reputation for efficient power solutions tailored to large industrial and data center needs. Companies with the Natural Gas Exposure in the Permian Basin: 1. **Pioneer Natural Resources**: One of the largest producers in the Permian Basin, with significant natural gas production, making it a key player that would benefit from increased demand. 2. **EOG Resources**: EOG is a major player in the Permian Basin and has been expanding its focus on natural gas, aligning with growing demand for power generation. 3. **Occidental Petroleum**: With substantial acreage and production in the Permian, Oxy is heavily exposed to natural gas, which could see rising demand from data center power needs. For your scenario of large-scale generators powered by natural gas from the Permian Basin, here are some key companies that could benefit: ### Top 3 Large-Scale Generator Companies: 1. **Caterpillar Inc.**: A leader in manufacturing industrial gas-powered generators, Caterpillar has a strong presence in natural gas-powered generators for large-scale applications, including data centers. 2. **Cummins Inc.**: Known for its broad portfolio of power generation products, Cummins is a global player in natural gas-powered generators. 3. **Wärtsilä**: This Finnish company is a global leader in energy solutions, including large-scale gas engine generators. ### Companies with Natural Gas Exposure in the Permian Basin: 1. **Pioneer Natural Resources** 2. **EOG Resources** 3. **Occidental Petroleum**
I'm looking to do the same with EOG or DVN (strong earnings+dividend and buybacks). I have started with VRN too which i think is undervalued, but the options aren't well structured.
What about: Amazon Microsoft Meta Apple Comcast AT&T Visa Mastercard Pfizer Johnson & Johnson Monsanto Walmart Nestlè Black rock Exxon Mobil Sales force Oracle Adobe Qualcomm Intel Bloomberg Gilead sciences SAP Roche FedEx IBM Occidental petroleum Marathon petroleum Kinder Morgan Chevron EOG resources Phillips 66 ConocoPhillips Tyson Foods Cargill Archer Daniels Midland (ADM) PepsiCo Kraft Heinz General Mills Mondelez International Conagra Brands Mars, Incorporated Unilever USA Kellogg’s The Hershey Company J.M. Smucker Company Danone North America Campbell Soup Company Post Holdings Hormel Foods Bunge Limited Dean Foods Because all these are giant monopolies.
Like you said cvs has stores on every corner, however they plan closing 10% of their stores over the next 2.5 years. Most of the customers will just go to another nearby store but some will switch to online orders from Amazon or go to their local Walmart/costco. So their revenue will probably drop even more, admittedly their margins will probably increase since the closing stores aren’t as profitable. If you want cheap I’ll offer some recs that I’ve been looking at: Banking: $MFC 9 Forward PE and 4.84% dividend. $TD 9.5 forward PE and 5.3% dividend. $TFC I own already and has an 11 forward PE and 5.1% dividend. All three have been pretty beat up bc of the rate hikes and real estate issues, but all have solid financials and can make a good comeback. TFC is also unwinding their commercial real estate and making better investments. Consumer: ASO with a 7 PE and 1% dividend, LOW and HD with a 18 and 20 PE and 2.0/2.6% div. A couple random companies: EOG 10 PE and 3% div. AER that has a beautiful 5.8 PE and 1.1% dividend. Honorable mention to SBUX a higher 20 PE and 3% div
$EOG.tsx Good Namibian oil play. The companies involved in the Orange basin are going to boom. Got my hands in $SEI as well!
Years ago (maybe 15-17) I bought naked OTM calls on individual oil and NG stocks based in the Gulf. Devon, Apache, EOG, and a few others. Expiry in 2-4 weeks. Doubled and tripled a couple of times, 2 hurricanes hit. As others have said, it’s a crap shoot. GL!
https://preview.redd.it/zkien57rry2d1.png?width=1567&format=png&auto=webp&s=6100a4a29ef5d27e4dcc5b7cfc1d98efee974bc1 I've made a bet against one of US oil production company EOG (28 Jun $130 Put) using the assumtion on side or down moving of Oil + news that their CEO sold huge shares package last days. So, waiting for profit on this)
Bought EOG.28JUN2024.P130 last week and plan to realize profit when the market opens. Sadly I've missed most of the dump but still trying to get some more
Well, I found this thread 4 years later because I'm curious about people's opinions on MarketBeat, though more along the lines of its features as opposed to specific predictions. But here's how those picks did over 4 years: RTX - +92.6% IBM - +51.4% SLB - +224.8% KMB - +1% HIG - +169.3% BAC - +65.7% PFE - -19.2% <loss, though gains were definitely possible> ABBV - +95.5% PSX - +216.1% T - -35.6% <loss> EOG - +279.5% S&P 500 last 4 years ( vs 10/2020) - +48.2% S&P 500 last 4 years (vs 4/2020) <covid dip> - +78.6% I might have to check out that free trial...
Options are too volatile in this moment. Better to buy the underlying stock…. I opened positions in PBF, DINO, MPC, MRO, SM, EOG, APA, DVN, PXD
Entered positions in XOM, PXD, SM, DINO, PBF, APA, DVN, MRO, EOG, MPC
EOG now that diamondback bought endeavor
Look at EOG. Their yield is about 2.7% but that is if they only pay divs in Jan, Apr, July, and Oct. in the past, they have paid divs in other months on top of their regularly scheduled ones (in 2022 they paid divs 8 different months and in 2023, they paid divs 6 different months).
These are my current positions: PBF, DINO, MPC, SM, PXD, EOG, MRO, DVN, APA.
I’ll throw one more out there for all you degenerates to look at. EOG resources will be adding 2 more trains as well as carbon capture to one of there plants in Texas. One train and carbon capture will be up and running by the end of the year. I’m kicking myself for not buying in February but I think it’s still a great long hold.
Yes. Also buy some selected stock like PBF, DINO, MPC, MRO, SM, EOG, DVN, APA, PXD (which will soon merge with XOM btw)
Short term I’d go heavier on oil, lighter on the gas. But there is good value in gas heavy for med / long term. Additional LNG won’t come online till 2025. You’ll see gas prices respond accordingly. I’ve got OXY, PR, EOG, CTRA, PXD, DVN, and AR. Plus 2 indexes: XOP and VDE. But I’m sure there’s others out there that might have more immediate upside. I’ve been in mine for just shy of a year.
Oil is in a new undetected (yet) boom. My favorite tickers are PBF, DINO, PXD, SM, MRO, EOG, APA, DVN
From the suits that moved to EOG, along with all of the usable assets: "#winning" (paraphrased) Yes, if you ask wikipedia and internet businesspeoplese...Enron is gone. However, in practice, they are still very much in business... From one of the suits I know personally: "Cousin, business is a' boomin' " (paraphrased). \*\*Please note, the above statements are meant to be facutal representations of things that are real. Subsequent statements will be solely made towards the purpose of trolling and/or the writers personal amusement\*\*
>You do realize that enron is still a thriving energy company right? They rebranded as EOG. From Wikipedia: >The company was named Enron Oil & Gas Company before its separation from Enron in 1999. Enron collapsed in 2001.
You do realize that enron is still a thriving energy company right? They rebranded as EOG.
PBF, DINO, SM, MRO, EOG, APA, DVN… these are few good examples. Not financial advise
Fully regarded opinion here: puts on SMCI; credit spreads on GOOGL; credit spreads on EOG. I think NVDA contineus to piss everyone off. It's not going to the moon from here, but it's not going to sell of significantly either. Maybe credit spreads on NVDA. Fuck, I'm trading like a grandpa.
There will always, always, always be people talking about the recession around the corner. When the recession is here (e.g. 2008), there'll will be people talking about his this is the tip of the iceberg. When markets hit bottom and start to recover (e.g. late 2009), people will talk about how it's a dead cat bounce and the floor is about to drop out from under them again. When markets soar, they go back to talking about the next recession. When there's a market correction (2015, 2018), they will say it's the beginning of the next recession and naturally, it's going to be far worse than the last one. It is never ending doom predictions. Never-ending doom predictions are functionally the same as no prediction at all. Before doing anything, you need to prepare for all eventualities. What if you sell, then the market goes up 20%? What if it goes up another 20% next year? Now you missed out on 44% gains, and your brain tells you you couldn't possibly have been wrong the whole time, so now the market must be *really* overvalued... when do you buy back in? How long before you abandon your view? I'm not saying that's going to happen -- I don't know the future any more than you do. But I know it CAN happen. For instance, look at the 5 year run-up in the dot-com bubble. So you need to have a plan for what happens then. I've never really had such assurance of the existence and timing of a crash that I sold a bunch and sat in cash. So I never sell... But that doesn't mean I can't do anything. Maybe increase your cash position with new contributions just thrown into a money fund at 5.x%. Then if the recession comes (and likely the fed drops rates near zero, and your money fund starts paying dick), you have money to buy in at a discount. You still run the risk of that not paying off -- 5% looks pretty crap if markets go up 20%. But you aren't mortgaging your entire future on a bet that you can time the market. Or maybe look for good investment opportunities in boring value companies with low multipliers rather than in high flying growth stocks. KO, MO, EOG, whatever. Or maybe look in so-called "recession-proof" industries like healthcare and consumer staples. For instance, I bought united health in mid-2021 because I was getting antsy, and it felt like something that could work out regardless of whether/when the crash came. It buoyed my portfolio in 2022... though I think I still ended up worse than the market in 2022 because too much tech. OTOH, I pantsed the market in 2023 because too much tech, so it all works out.
I will not specifically say who I am working for, but right now, XTO, Chevron, Conoco, Endeavor, EOG, and Oxy are the big players in this area that I know of. As far as drilling contractors go, Nabors, H&P, and Patterson. There are also Akita, ICD, and Ensign working in this area, but they are smaller outfits. (We didn’t renew contracts with Akita or ICD.)
Yeah, I have been long since just after covid, but I took a lot of profits this summer. Sold all my DVN, EOG, and IMO. These are all still good companies, I just wanted to lock in some gains. Will buy back in if US supply rolls over, but current shale production looks to have balanced the market.
Here is the Hertz CEO himself substantiating my comments, explaining that it is damage repair costs, not maintenance costs. He also explains that the resale prices are part of the consideration. [https://www.youtube.com/watch?v=EOG5zr\_KroE](https://www.youtube.com/watch?v=EOG5zr_KroE)
E&P companies have been the best for me. OVV had a good ride, but I have been shifting to more oil focused plays like EOG (with a much better balance sheet) as energy prices have moderated lately. Also, moving to HES (as a way to get CVX at a discount) to have intergrated exposure. Worst have been the refiners, although I haven't bought any in years. Their margins are so unpredictable, I never have figured out a good strategy for playing them, so I just stay away.
Amongst the most underpriced, within the broader generalized depression of all North America O&G-related stocks. I may also add DVN, EOG and SM to the list….
Going to buy EOG, merge them with Oxy and take the whole thing private.
This is a tiny company with a market cap of $7M US. If you're looking to gamble, you might want to take a look at my Sintana post from two days ago. They have a share of three blocks in offshore Namibia where the main operator will spud four wells from Q4 2023 - Q4 2024. This includes Cheveron (1), Woodside (1), and Galp (2). This follows two massive discoveries in the adjacent blocks to the south by Shell and TotalEnergies. The Hercules rig is currently at Walvis Bay and will deploy to spud in the Orange Basin in about two weeks. Sintana has good odds considering the success rate of those two majors. Otherwise, stick to oil stocks that are already producing such as Occidental Petroleum, EOG, APA, VNOM, DVN, etc. Those companies only produce oil and gas, no midstream (pipelines & storage or downstream (refining and retail). Here is the link to my post. [https://www.reddit.com/r/pennystocks/comments/17ks5c3/sintana\_energy\_a\_smallcap\_stock\_prepares\_to\_spud/](https://www.reddit.com/r/pennystocks/comments/17ks5c3/sintana_energy_a_smallcap_stock_prepares_to_spud/)
Cumming to my EOG gains