A rock-solid, dividend-paying machine. EOG Resources is using its strong balance sheet to fund this deal. It's utilizing $2.1 billion of cash on hand and plans to issue $3.5 billion of new debt.

EOG aims to consolidate the Utica shale oil window, anticipating a potential boom in Ohio. EOG Resources bets big on Ohio oil boom with $5.6 billion Encino deal Skip to main content ...

EOG Resources is a $76.3 billion market cap company that pays a fixed dividend of 2.9%. Learn about its key operations in Permian & Utica.

The Utica Shale, which lies below the Marcellus and may hold even more natural gas, extends further northwest into Canada and further east toward Albany — a vast swath of the Empire State.

With the economy gaining momentum and inflation easing, the energy sector holds the potential for a recovery in demand in 2025, driving value in well-positioned growth stocks.

Following Wednesday’s FOMC meeting and press conference from Jerome Powell, it seems 2025 may be shaping up to be a bit more uncertain than investors were expecting.

Encino acquired the bulk of Chesapeake Energy Corp.’s leasehold assets in eastern Ohio in 2018. In 2009, Chesapeake, then under the direction of CEO and Chairman Aubrey McClendon, became the first ...

Robinson Township-based MSC says on its website that it “works with exploration and production, midstream and supply-chain partners in the Appalachian Basin and across the country to address issues ...

This is the fifth-largest bank in the world by assets. This stock trades at a still reasonable 13.4 times estimated 2024 earnings and pays a 2.05% dividend.

New terminals in Ohio opened, enhancing delivery to the Utica Shale basin and reducing logistics costs. Canadian sales made up 11% of Q3 volumes, with the Blair facility ramping up production.

EOG has shifted its 225,000 net acres in the Utica from “delineation to development”, Leitzell said. The company operates five well packages in the play that have been producing for more than ...