EOG Resources Inc
EOG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >lG | LOCK|cRjZ | LOCK|Dzf&^FC |
EOG Earnings: Encino Acquisition Performing Better Than Expected; We Bump Up Valuation by Over 1%
Third-quarter total production of 1,301 mboe/d represented a strong 15% sequential increase from the Encino acquisition. Cash operating costs grew 4% sequentially to $10.50, while non-GAAP capital expenditures grew 8% to $1.65 billion.
