Bill Thomas – Chairman and CEO Quantity, quality and breadth of data drive tech advantage “I can’t emphasize enough that EOG’s quantity, quality and breadth of data drives our information technology advantage. First, we believe we have multiple times more … Continued
William Thomas Starting to see some encouraging signs on inventory drawdown “Scott, I think we’re watching the oil market, particularly inventory levels. And I think just in the last week or so, we’re starting to see very encouraging signs on … Continued
EOG Resources’ (EOG) CEO William Thomas on Q3 2016 Results Bill Thomas Oil in the 40s not enough to sustain production growth ” Over the long-term we believe oil in the 40s will not sustain enough production to meet demand … Continued
EOG Resources (EOG) William R. Thomas on Q2 2016 Results Can grow production at 10% at $50 oil ” Due to the sustainable gains in well productivity and cost, we can grow oil production at a 10% compound annual growth … Continued
EOG Resources (EOG) William R. Thomas on Q1 2016 Results Shifting to “premium” “The third item I would like to review is EOG’s shift to premium drilling this year. The shift is a game-changer with significant long-term implications. I will … Continued
EOG Resources (EOG) William R. Thomas Slammed on the brakes in 2015 “After four years of 40% compound annual oil growth, we slammed on the brakes and decided to defer production growth. It was an easy decision. Outspending cash flow … Continued
EOG Resources Presents at Wells Fargo Energy Symposium Conference Billy Helms Drilled a lot of uncompleted wells this year. Efficiency improved so much that will be more productive when completed next year “we improved the productivity and we learned so … Continued
Not going to accelerate production at bottom of the cycle “We have also stated that we have no interest in accelerating oil production at the bottom of the commodity price cycle. Instead, we are drilling but deferring completions on a … Continued
Each week I read dozens of transcripts from earnings calls and presentations as part of my investment process. Below are some of the most important quotes about the economy and industry trends from the transcripts that I read this week. … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Full transcripts can be found at Seeking Alpha Liquids production up 33% … Continued