EOG Resources (EOG) is pursuing new projects to bolster its rising U.S. onshore liquids output...

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

EOG Resources (EOG) is pursuing new projects to bolster its rising U.S. onshore liquids output but, as the largest Eagle Ford producer and a growing presence in the Bakken and Permian plays, has plenty on its plate already. Oppenheimer raises its target price to $145 from $130 to reflect EOG's oil production growth, which averaged 39% last year and is expected to increase 28% this year.