EOG Resources Inc
EOG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?> | LOCK|D!&<^ | LOCK|l#@Xm#@ |
EOG Earnings: Better-Than-Expected Quarter With Meaningful Cash Returns to Shareholders
EOG's total production of 1,399 mboe/d rose nearly 8% sequentially, better than guidance and our expectations. While non-GAAP cash unit costs of $10.22 and capex of $1,639, these costs were marginally higher than we earmarked, net-net, EOG outperformed our expectations.
