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Stock impact report

US Rig Count Remains Steady: Should You Watch EOG & MTDR Stocks? [Yahoo! Finance]

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: Yahoo! Finance
The rotary rig count, issued by BKR, is usually published in major newspapers and trade publications. Baker Hughes' data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry. The number of active rigs and its comparison with the week-ago figure indicates the demand trajectory for the company's oilfield services from exploration and production companies. With the weekly rig count remaining steady, should investors keep an eye on leading oil and gas exploration companies like EOG Resources Inc. EOG and Matador Resources Company MTDR? Before diving into that, let's explore the latest rig count data details. Total U.S. Rig Count Flat: The number of rigs engaged in the exploration and production of oil and natural gas in the United States was 585 in the week ended Nov. 8, in line with the week-ago count. However, the current national rig count declined from the year-ago level of 616, reflecting Show less Read more
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