Will 2016 Be EOG Resources Inc.'s Best Year Yet?
Wednesday, February 03, 2016
EOG Resources has taken a vastly different approach to managing its business through the current downturn in the oil market. While peers like Devon Energy were spending virtually all of their available cash flow to push production higher, EOG Resources has chosen instead to "refrain from growing oil production into an over-supplied market."
That restraint put the company in a position to thrive should oil prices rebound sharply in 2016, which in terms of production growth has the potential to be its best year yet. READ MORE...