Today's Research on EOG Resources and Talisman Energy: Energy Companies Curtail Their Costs

   Today's Research on EOG Resources and Talisman Energy: Energy Companies
                             Curtail Their Costs

PR Newswire

LONDON, February 13, 2013

LONDON, February 13, 2013 /PRNewswire/ --

Oil and gas upstream companies are making a comeback. While the industry is
still under pressure with low prices and depressed demand, upstream companies
are upping their game by controlling their costs and diversifying their
operations. EOG Resources Inc. (NYSE: EOG) is all set to announce its
financial numbers for the fourth quarter tomorrow, while Talisman Energy Inc.
(NYSE: TLM) is revisiting its business strategies under the leadership of its
new CEO. The company is expected to make big moves to curtail its costs.
StockCall professionals have completed their technical analysis on EOG
Resources and Talisman Energy Inc.; and these free reports are accessible by
registering at 

Talisman Gets New CEO

Talisman Energy recently had a change of guard when Hal Kvisle took over the
position of CEO of the company. The oil and gas producer is now devising new
strategy to boost its business. The company is expected to carry out layoffs
and to downsize its operations to enhance its profitability. Under the new
management, Talisman Energy is looking to slash its annual costs by up to $260
million. While these steps will reduce the company operations, in the long-run
the business will be leaner and more efficient. Be sure to read our latest
technical research on Talisman Energy Inc. by registering at 

Talisman Energy has high general and administrative costs which eat into its
margins. Currently, its administrative expenses hover around $1.3 billion per
year. The company is looking to reduce it by 20 percent. The new austerity
measures will have positive impact on the stock prices due to increased
efficiency. The company stock has also attracted considerable insider buying
interest, which is generally a good sign as it shows the management's faith in
the company's prospects.

Talisman Energy is an upstream energy outfit. For its third quarter, the
company suffered a massive loss of $731 million. It is redesigning its
business and as part of the process, the company is slashing its operations in
Peru. At the very same time, it has also completed its JV with Addax Petroleum
UK Limited. Under the deal, Sinopec will have 49 percent stake in Talisman
Energy UK Limited. However, its stock has been underperforming for quite some
time as it grew only 1 percent in the past 52 weeks.

EOG Resources to Report Q4 Results

EOG Resources is scheduled to announce its fourth quarter earnings tomorrow,
on February 14^th. The company is expected to announce revenue at $3.03
billion and EPS is expected to be at $1.36. Overall, the company is likely to
report higher top-line and bottom-line results. Its stock is also yielding the
benefits of its good performance as it recently reached its new 52-week high
price. However, despite its higher revenue and profits, the company is facing
the prospects of deteriorating margins. Its net as well as operating margins
decreased over the past few quarters. Sign up for the free technical research
on EOG Resources Inc. at 

EOG Resources stock is in the bullish phase. After its average performance in
2012, the stock is currently setting new 52-week highs. While its P/E ratio of
30.34 seems a little expensive, EOG Resources stock still has good upside

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