Eog resources updates 2020 capital plan premium strategy proves resilient at low oil prices
Eog resources updates 2020 capital plan; premium strategy proves resilient at low oil prices.eog resources inc - reduces 2020 capital plan 31% to $4.3 to $4.7 billion and targets flat yoy crude oil production volumes.eog resources - net cash from operating activities is expected to fund capital expenditures & dividend payments assuming mid-$30 oil prices for 2020.eog resources inc - revised capital plan supports full-year 2020 crude oil production of 446,000 to 466,000 barrels of oil per day.eog resources inc - updated its full-year 2020 capital plan as a result of significant decline and increased volatility of commodity prices.eog resources inc - given current commodity price environment, co has elected to reduce activity across its operating areas.eog resources - plans to focus its drilling operations in delaware basin & south texas eagle ford.eog resources inc - plans to provide a more comprehensive operational and financial update for 2020 plan with release of its q1 2020 results.
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