EOG Resources reports Q2 adjusted EPS $3.16, consensus $2.96

Reports Q2 revenue $6.03B, consensus $5.64B. Total 2Q oil production of 490,700 Bopd was above the midpoint of the guidance range and up 1% from 1Q. The company said: “EOG delivered another quarter of outstanding operational performance. Oil volumes, total volumes, and per-unit operating expenses were all better than expected. We have updated our full-year volume and cost guidance and increased our free cash flow forecast to reflect our strong results, further demonstrating the confidence we have in our multi-basin portfolio of assets.”