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EOG Resources Stock Performs Better and Provides Promotion

The EOG Resources Inc. shares +0.92% inched 0.92% higher to $80.33 Thursday. This proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.12% rising 0.12% to 4,200.88 and the Dow Jones Industrial Average DJIA, +0.41% rising 0.41% to 34,464.64. This was the stock’s second consecutive day of gains.

EOG Resources Inc. closed $6.27 below its 52-week high ($86.60), which the company reached on May 10th. The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as ConocoPhillips COP, +0.20% rose 0.20% to $55.53, Pioneer Natural Resources Co. PXD, +1.10% rose 1.10% to $151.94, and Occidental Petroleum Corp. OXY, +3.08% rose 3.08% to $26.07. Trading volume (6.1 M) eclipsed its 50-day average volume of 4.0 M.

EOG Resources Stock Performs Better and Provides PromotionEOG Resources, Inc. announced that Jeffrey R. “Jeff” Leitzell has been promoted to Executive Vice President, Exploration and Production, joining the headquarters executive management team effective immediately. Jeff has been Vice President and General Manager of EOG’s Midland, Texas office since December 2017, responsible for operations in the Delaware Basin located in west Texas and southeast New Mexico. In his new role, he will be responsible for EOG’s Midland, Denver, and Artesia operating areas.

Jeff Leitzell has 17 years of industry experience and almost 13 years of service with EOG. Prior to serving as Vice President and General Manager of EOG’s Midland office, Jeff served as Operations Manager from 2015 to 2017. He held various engineering roles of increasing responsibility in multiple EOG offices since being hired as a Completions Engineer in 2008. He holds a Bachelor of Science Degree in Petroleum and Natural Gas Engineering from West Virginia University.

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