Dividend And Shareholder ReturnsEOG Resources Inc boosted its base dividend by 7.1% and doubled its buyback authorization to $10.0 billion, demonstrating a strong commitment to shareholder returns.
Financial PerformanceEOG reported better than expected gas and NGL volumes and pricing, while operating costs were modestly lower.
Investment PotentialAnalyst moves EOG to Outperform with a price target of $143 per share, implying a 20% upside from current levels.