VBIN's oil stock thread.

[vbin]

(06-23-2021, 09:20 AM)EricL Wrote: EOG's latest investor presentation from June 3rd showed that each $1 increase in crude price leads to another $102 million in net income.

The special dividend was already paid for at ~$45 crude prices and they showed another $1.9B in cash flow on top of that at $60 WTI.

WTI is now at $74.

Buybacks next?

Do u have position in EOG, seems oxy makes additional $250M for every $1 increase in oil prices.