EOG Resources +1.6% as crude oil, condensate revenue jump 55%

|About: EOG Resources, Inc. (EOG)|By:, SA News Editor

EOG Resources (EOG) +1.6% premarket after Q3 earnings easily beat expectations and crude oil and condensate revenue, EOG's biggest contributor to the top line, grew 55% Y/Y.

EOG increased its U.S. crude oil and condensate production by 41% and total company crude oil and condensate production by 39%; total liquids production rose 33%.

Increases full-year crude oil and condensate production growth target for the second time in 2013 to 39% from 35%, and boosted its overall production growth target to 9% from 7.5%.