US Rig Count Declines: Should EOG & MTDR Still Be on Your Watch List?
Portfolio Pulse from
The US rig count is declining according to BKR's report, but EOG and MTDR stocks remain attractive due to favorable crude prices.
November 18, 2024 | 9:00 pm
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POSITIVE IMPACT
EOG Resources remains an attractive stock despite a decline in US rig count, as crude prices are favorable.
The article suggests that EOG Resources is still a good investment due to favorable crude prices, even though the US rig count is declining. This indicates potential for stock price appreciation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Matador Resources remains an attractive stock despite a decline in US rig count, as crude prices are favorable.
The article suggests that Matador Resources is still a good investment due to favorable crude prices, even though the US rig count is declining. This indicates potential for stock price appreciation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80