EOG Resources shares are trading lower amid weakness in oil.
Portfolio Pulse from Benzinga Newsdesk
EOG Resources shares are trading lower due to weakness in oil prices.
June 22, 2023 | 6:57 pm
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NEGATIVE IMPACT
EOG Resources shares are negatively impacted by the decline in oil prices.
EOG Resources, an oil and gas company, is directly affected by fluctuations in oil prices. As oil prices weaken, the company's revenue and profitability may be negatively impacted, leading to a decline in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100