Report
Dave Meats
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EOG Resources Could Raise Full-Year Guidance After 2Q

When we initially commented on EOG Resources' first-quarter operations, we said the likelihood of an upward revision in guidance later this year had increased. The firm delivered production of 774 thousand barrels of oil equivalent per day in the period, which was 1% higher sequentially and 17% higher year over year. This was within guidance but at the high end of the range (oil volumes, at 436 mboe/d, exceeded the target range). Capital expenditures were below the target range. But despite thes...
Underlying
EOG Resources Inc.

EOG Resources, together with its subsidiaries, explores for, develops, produces and markets crude oil, natural gas liquids and natural gas primarily in main producing basins in the United States, The Republic of Trinidad and Tobago, The People's Republic of China, Canada and, from time to time, select other international areas.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Dave Meats

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