NYSE:EOGOil and Gas
Does EOG Resources’ (EOG) Production Guidance Reveal a Shift in Operational Priorities?
EOG Resources reported its second-quarter earnings, showing year-over-year declines in both revenue and net income, and also released updated production guidance for the upcoming quarter and full year.
Despite lower financial results, the company completed a US$600 million share buyback this quarter, bringing total repurchases to over US$5.57 billion under its current program.
We'll examine how EOG Resources' updated production outlook informs the company's investment narrative and...