Financial PerformanceEOG reported better than expected gas and NGL volumes and pricing, while operating costs were modestly lower.
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.
Strategic ApproachThe 'double premium' strategy has enabled EOG to generate higher cash flow and faster investment payback, significantly reducing finding & development costs.