Market Action, Earnings; Etc -- EOG Hits A 52-Week High

Wow: EOG hits a 52-week high. What's that all about? This article in Forbes?

Analysts expect higher profit for EOG Resources when the company reports its second quarter results on Tuesday, August 6, 2013. The consensus estimate is calling for profit of $1.76 a share, reflecting a rise from $1.16 per share a year ago.

The consensus estimate has risen from $1.33 over the past three months. Analysts are expecting earnings of $7.04 per share for the fiscal year. Revenue is projected to be $3.54 billion for the quarter, 22% above the year-earlier total of $2.91 billion. For the year, revenue is projected to come in at $14.07 billion.

Watch out below if EOG misses.

Yahoo!Finance is reporting: positive US economy data propping up WTI. After all that trading today, and all that talk by talking heads (I assume), WTI was flat. 

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Other earnings today and the market in general:

OTTR: press release here; 21 cents 2Q13 vs 19 cents 2Q12; Wall Street Cheat Sheet:

Results: Adjusted earnings per share decreased 25% to $0.21 in the quarter versus EPS of $0.28 in the year-earlier quarter.

Revenue: Decreased 25.14% to $212.39 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Otter Tail Corporation reported adjusted EPS income of $0.21 per share. By that measure, the company missed the mean analyst estimate of $0.26. It missed the average revenue estimate of $220.4 million.

CVX, XOM, COP: all down a bit today
KOG traded at a new high of $10.22. Closed at $10.06.
OAS down slightly.
CHK hits a new high.
SandRidge up almost 4% today.

Everything else down slightly, in line with the market overall.

Earnings this week, a reminder:

A reminder: Oasis will report earnings Tuesday (that's tomorrow) after market close.

EOG, DNR, MRO: to report Tuesday, also. 

CLR: will report on August 7, I believe. CLR down slightly today; near its 52-week high.

NOG will report this week also, August 8, after market close; remember the operations update (below) from July, 2013.

CLNE -- ditto (after market close, August 8).

NOG 2Q13 Operations Update, from July 18, 2013:

Northern's second quarter 2013 production is expected to average approximately 10,900 barrels of oil equivalent per day, down approximately 2% when compared with the first quarter of 2013.