EOG Resources, Inc., is among the five stocks included in the Energy industry sector on our Most Favored Issues List (“MFIL”), the roster of stocks from which we form the portfolios of new clients. Most of the other Energy stocks on the MFIL are household names: everyone knows ExxonMobil and ...
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The price of oil has collapsed from about $106 a barrel at the start of the third quarter to about $65.50 a barrel today. That’s a big move. Were prices to stay down, the consequences could be equally big. Junk bond funds probably have the most exposure, at least in the short term. As much ...
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Companies mentioned: EOG Resources (NYSE: EOG), Spirit Airlines (NASDAQ: SAVE), Tortoise Energy Infrastructure (NYSE: TYG) One of the biggest developments in financial markets recently has been the precipitous slide in oil prices. Since this summer, oil prices have declined more than 20 ...
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It was reported today that gas prices across the country are now averaging almost $3 a gallon and the price of oil is predicted to continue rising in 2011. Because oil goes into virtually all products and services in one way or another a rise in oil prices is usually a good indication of ...
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