“The EOG Machine is Firing on All Cylinders”: Chairman and CEO Bill Thomas
EOG Resources, Inc. (NYSE: EOG) reported second quarter 2018 results and beats its oil, natural gas, and NGL production targets.
Highlights

Net income of $696.7 million, or $1.20 per share a 2,916% increase YOY
Total crude oil production of 384,600 BOPD, up 15% YOY (Company Record)
Total production was up 16%
Maintains 2018 exploration and development CapEx of $5.4-$5.8 billion

EOG greatly benefitted from increased commodity prices, which increased pro...


Legal Notice