Unlike Peers, EOG Plans to Maintain Spending Level Going Into 2019
EOG Resources delivered production of 765 thousand barrels of oil equivalent per day in the fourth quarter, which was 2% higher sequentially, 15% higher year over year, and within guidance. Realized pricing was generally strong, with U.S. oil volumes selling slightly above the West Texas Intermediate benchmark on average, despite challenging basis conditions in several of the regions that EOG operates in. But marketing costs were commensurately higher as well, contributing to a sequential increa...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.
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