Report
Dave Meats
EUR 98.48 For Business Accounts Only

EOG's focus on Premium inventory enables it to thrive with lower oil prices.

EOG Resources delivered production of 571 mboe/d in the first quarter, which was 2% lower sequentially and 4% higher year over year. This compares with previous guidance of 539-570 mboe/d. In spite of the production beat, the firm’s first quarter financial results were broadly consistent with Street expectations, with adjusted EBITDA and adjusted earnings per share of $1.08 billion and $0.15, respectively (consensus forecasts were $1.1 billion and $0.15).
In contrast to some peers that have repo...
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

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch