EOG Resources Inc
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Energy : Oil, Gas & Consumable Fuels | Large Cap BlendCompany profile

EOG Resources, Inc. explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People's Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related. As of December 31, 2016, its total estimated net proved reserves were over 2,147 million barrels of oil equivalent (MMBoe), of which over 1178 million barrels (MMBbl) were crude oil and condensate reserves, over 416 MMBbl were natural gas liquids reserves and over 3318 billion cubic feet, or 553 MMBoe, were natural gas reserves. Its operations are focused in the productive basins in the United States with a focus on crude oil and, to a lesser extent, liquids-rich natural gas plays. It has operations offshore Trinidad, in the United Kingdom East Irish Sea, in the China Sichuan Basin and in Canada.

Price
Delayed
$70.54
Day's Change
2.88 (4.26%)
Bid
--
Ask
--
B/A Size
--
Day's High
70.56
Day's Low
67.40
Volume
(Below Average)

Today's volume of 2,834,565 shares is on pace to be lower than EOG's 10-day average volume of 5,050,825 shares.

2,834,565

UPDATE: AT&T selling Puerto Rico, U.S. Virgin Islands businesses to Liberty Latin America for $1.95 billion in cash

2:03 pm ET October 9, 2019 (MarketWatch)
Print

AT&T Inc. (T) said Wednesday that it will sell both its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to Liberty Latin America for $1.95 billion in cash. The companies expect the deal to close in the next six-to-nine months. The sale includes network assets, leases and real estate, 1.1 million wireless subscribers and contracts. About 1,300 AT&T employees will move over to Liberty Latin America when the deal closes. The sale doesn't impact AT&T's commitment to FirstNet, a network for public safety, DirecTV and some global business customer relationships. Liberty Latin America will support AT&T as it builds out its FirstNet network in Puerto Rico and the U.S Virgin Islands. "This transaction is a result of our ongoing strategic review of our balance sheet and assets to identify opportunities for monetization," said John Stephens, AT&T chief financial officer, in a statement. This deal brings the completed or announced monetization for this year to $11 billion. AT&T also said shareholders should expect buybacks to be "in the mix" in the fourth quarter. AT&T stock has gained 29.5% for the year to date while the S&P 500 index is up 15.4% for the period.

-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

October 09, 2019 14:03 ET (18:03 GMT)

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