EOG Resources (EOG -0.6%) is the “big winner” in the shale-gas deal between Chevron (CVX -0.9%)...

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

EOG Resources (EOG -0.6%) is the “big winner” in the shale-gas deal between Chevron (CVX -0.9%) and Apache (APA -1.6%), UBS analysts write in a note to clients. EOG will realize an estimated $450M "for exiting a project it had little interest in pursuing," UBS says, while the deal likely will cause capital expenditure concerns for CVX and APA.