Seeking Alpha

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

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.
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