Report
Dave Meats
EUR 100.00 For Business Accounts Only

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

Until recently, few shale producers were paying attention to shareholder returns. But EOG was one of them. The firm delivered excess returns on invested capital for five of the six years from 2009-14, before the global crude downturn began. Since then, returns have been stuck in negative territory. But a relentless focus on cost-cutting, productivity, and efficiency has paid off, putting EOG in a position to start earning its cost of capital again. We believe this justifies a narrow moat rating....
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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