EOG Resources Inc
EOG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| vXB | LOCK|ZJJ! | LOCK|<f%?##^ |
EOG Earnings: Capital-Efficient Production Promotes Healthy Capital Returns
EOG's total daily production rose to 1,410 mboe/d, up 2% sequentially and ahead of guidance and our expectations, though cash operating costs were a bit ahead of our forecast due to higher general and administrative costs. Still, capex of $1.6 billion was lower than both expected and guidance.
