EOG Resources sees oil prices above mid-cycle levels, low single-digit 2027 production growth

EOG Resources reported record oil, NGL and natural gas production in Q3 2026, with cash operating costs and DD&A below guidance midpoints, and announced an 8% increase in its regular dividend for 2027. It sees oil prices remaining above mid-cycle levels in the near to medium term, expects low single-digit oil production growth in 2027, and plans about $200M of capex for its Janus gas plant expansion.

Detected & updated continuously · Source: Nebula