EOG Resources (EOG) Tops Q1 EPS by 19c

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EOG Resources Announces First Quarter 2018 Results

May 3, 2018 4:18 PM EDT

HOUSTON, May 3, 2018 /PRNewswire/ --

Reports Strong Operating Results  ­Achieves Record Returns on First Quarter Capital Investments U.S. Oil Production Near High End of Target Range ­U.S. Realized Crude Oil Price Exceeds WTI NYMEX Average ­Per-Unit Transportation and DD&A Expenses Below Targets Maintains Full-Year $5.4-$5.8 Billion Exploration and Development Expenditure Target ­On Track to Reduce Well Costs 5 Percent in 2018 Reiterates Full-Year 2018 Oil Production Growth Target of 16-20 Percent Targets $3 Billion Debt Reduction and Higher... More