All publications by tag «EOG»
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2015, February, 21, 22:00:00
THE LARGEST EOG CUTS 40%
EOG Resources, the largest US shale oil producer, expects its rapid production growth of recent years to come to a halt in 2015, in the starkest sign yet of how weak crude prices are hitting the industry.
The company told analysts on a call on Thursday that it was “intentionally choosing returns over growth”.