EOG Resources Inc
EOG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| jmH | LOCK|&@yq | LOCK|>J<gX>$ |
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.
