Hurricane Harvey Spoils Blowout Quarter for EOG, Results Still Impressive
EOG delivered production of 598 mboe/d in the third quarter (55% oil). This was 1% higher sequentially and within guidance, but slightly lower than our 604 mboe/d forecast. However, management estimates that without the delays and curtailments related to Hurricane Harvey production would have been near the top end of guidance (613 mboe/d, 56% oil). The firm’s financial results were consistent with post-Harvey consensus forecasts, with adjusted EBITDA and adjusted earnings per share coming in at ...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.