EOG Resources Inc

EOG: XNYS (USA)
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EOG Earnings: Strong Quarter of Low-Cost Production; Encino Reinforces EOG's Multibasin Strategy

EOG's total daily production came in at 1,134.1 mboe/d, just above the midpoint of guidance, and good for a 4% sequential increase. Encouragingly, cash operating costs of $10.05 came in $0.35 lower than the midpoint of guidance, and management returned $1.1 billion of cash to shareholders.

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