Current EOG Stock Info

Production is expected to increase
West Texas Intermediate has continued to fall from its 2014 peak of $107.73 a barrel in June to $51.68 at 10:38 a.m. London time. That’s below the breakeven price for 37 of 38 U.S. shale oilfields, according to Bloomberg.  Prices have dropped even further since then, sitting at $50.49 a barrel at the time of this story’s writing.

RBC Capital Markets and CIBC World Markets predict prices will remain below $60 for the first three months of 2015. Societe Generale SA’s Michael Wittner forecasts an average of $...


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