Ticker	Volume	Price	Price Delta
DJIA	15,303.10	+8.60	0.06%
S&P 500	1,649.60	-0.91	-0.06%
Nasdaq	3,459.14	-0.27	-0.01%

Ticker

Volume

Price

Price Delta

DJIA

15,303.10

+8.60

0.06%

S&P 500

1,649.60

-0.91

-0.06%

Nasdaq

3,459.14

-0.27

-0.01%

Ticker	Volume	Price	Price Delta
STOXX 50	2,764.29	-12.49	-0.45%
FTSE 100	6,654.34	-42.45	-0.63%
DAX	8,305.32	-46.66	-0.56%

Ticker

Volume

Price

Price Delta

STOXX 50

2,764.29

-12.49

-0.45%

FTSE 100

6,654.34

-42.45

-0.63%

DAX

8,305.32

-46.66

-0.56%

Ticker	Volume	Price	Price Delta
Nikkei	14,612.50	+128.47	0.89%
Hang Seng	22,618.70	-51.01	-0.23%
S&P/ASX 200	4,983.50	-78.95	-1.56%

Ticker

Volume

Price

Price Delta

Nikkei

14,612.50

+128.47

0.89%

Hang Seng

22,618.70

-51.01

-0.23%

S&P/ASX 200

4,983.50

-78.95

-1.56%

EOG Resources Gains Most in Eight Months as Oil Climbs

By Benjamin Haas - 2012-06-29T20:15:23Z

EOG Resources Inc. (EOG), the largest leaseholder in Texas’ Eagle Ford shale formation, rose the most in almost eight months as oil prices surged.

EOG climbed 5.8 percent to $90.11 at the close in New York, the most since Nov. 2. The Houston-based company has fallen 8.5 percent this year.

“Oil prices are up about $4 and EOG is heavily geared toward oil,” Leo Mariani, an Austin-based analyst at RBC Capital Markets, said in a telephone interview today. “All the companies with oil assets are benefiting.”

Oil for August delivery rose 9.2 percent to $84.84 a barrel on the New York Mercantile Exchange. The contract fell 3.1 percent to $77.69 yesterday, its lowest since May 2010.

EOG holds 647,000 net acres of land in the Eagle Ford, one of the most active oil and gas shale plays in the U.S., according to Bloomberg Industries.

To contact the reporter on this story: Benjamin Haas in New York at bhaas7@bloomberg.net

To contact the editor responsible for this story: Susan Warren at susanwarren@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.