EOG Resources Inc
EOG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$733.00 | Rzjjz | Wglbwytvgt |
EOG Earnings: Low-Cost Production Continues to Drive Operating Results
Following narrow-moat-rated EOG's first-quarter results, we raise our fair value estimate by roughly 3% to $120. The raise was due to a slight production beat and time value of money. Total daily production came in at nearly 1,029 thousand barrels of oil equivalent relative to guidance of 1,020 mboe/d.