16, 2020 4:38 PM ET|About: EOG Resources, Inc. (EOG)|By: Carl Surran, SA News
Resources (EOG -1.7%) spiked as much as 4.7% in late trading just before
closing lower, apparently in response to a Betaville report that market rumors
say a "major oil company" is considering a bid for EOG.
oil company evaluating a bid is not known, although the speculation centers on
companies such as Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM) and Total
(NYSE:TOT), according to the report.
Betaville report is an
"uncooked alert," a term it uses to refer to market gossip.”
My comment: Here I am (like an old lady), spreading gossip.