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EOG Resources Incorporated

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EOG Resources Inc.'s fourth-quarter 2015 revenues lagged the Zacks Consensus Estimate. Both the revenues and earnings also declined year over year. This was mainly due to reduced production and lower realized prices.  EOG’s results are particularly exposed to fluctuations in the U.S. natural gas markets, since this commodity accounts for almost half of the company’s reserves. Infrastructure risk remains as EOG generates production in the high-growth sections of the U.S. In addition, as is the case with all exploration & production companies, EOG’s results are vulnerable to historically volatile prices in world energy markets. Moreover, the risk-reward pay-off is still uncertain in the near future due to its natural gas weighted production and cost overruns.


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