eog- solid numbers
Posted: Thu Aug 05, 2021 8:24 am
slide deck
https://s24.q4cdn.com/589393778/files/d ... Tables.pdf
Net debt 7.8% to 5.6%
Second Quarter 2021 Highlights
- Earned adjusted net income of $1.0 billion, or $1.73 per share
- Generated over $1.0 billion of free cash flow
- Capital expenditures below low end of guidance range driven by sustainable cost reductions
- Increased full-year well cost reduction target to 7% from 5%
- Oil production above high end of guidance range
- Total per-unit cash operating costs 3% below guidance midpoint
Bought back 9 m stock around $ 75
https://s24.q4cdn.com/589393778/files/d ... Tables.pdf
Net debt 7.8% to 5.6%
Second Quarter 2021 Highlights
- Earned adjusted net income of $1.0 billion, or $1.73 per share
- Generated over $1.0 billion of free cash flow
- Capital expenditures below low end of guidance range driven by sustainable cost reductions
- Increased full-year well cost reduction target to 7% from 5%
- Oil production above high end of guidance range
- Total per-unit cash operating costs 3% below guidance midpoint
Bought back 9 m stock around $ 75