Eagle Ford companies’ stock performance
In this part of our series, we’ll discuss the stock performance of Eagle Ford players Marathon Oil (MRO), EOG Resources (EOG), ConocoPhillips (COP), and Carrizo Oil and Gas (CRZO) over the past year. We’ll compare their performance with that of the Energy Select Sector SPDR ETF (XLE) and the broader-market S&P 500 SPDR ETF (SPY).
The above image shows that Marathon and EOG Resources have given higher returns than crude oil, returning 33% and 24.5%, respectively, since March 2016. Crude oil (UCO) has returned 14%. These two stocks have also outperformed the XLE and SPY. XLE has returned 10%, while SPY has returned ~14.3% since March 2016.
Meanwhile, Carrizo Oil and Gas and ConocoPhillips both underperformed crude oil, XLE, and SPY. Carizzo has given negative returns since March 2016, while ConocoPhillips has returned ~8%. Since March 2016, natural gas (UNG) has been the outlier.