Close

EOG Resources (EOG) Misses Q3 EPS by 9c

Go back to EOG Resources (EOG) Misses Q3 EPS by 9c

EOG Resources Announces Third Quarter 2016 Results; Raises 2020 Outlook and More Than Doubles Permian Basin Net Resource Potential

November 3, 2016 4:19 PM EDT

HOUSTON, Nov. 3, 2016 /PRNewswire/ --

Increases 2020 Crude Oil Production CAGR Outlook to 15 to 25 Percent Expands Delaware Basin Net Resource Potential from 2.35 to 6.0 BnBoe (includes Assets from Recent Yates Transaction) Exceeds U.S. Production Targets Raises 2016 U.S. Crude Oil Production Guidance Updates Year-to-Date Proceeds from Asset Sales to $625 Million

EOG Resources, Inc. (NYSE: EOG) today reported a third quarter 2016 net loss of $190.0 million, or $0.35 per share. This... More