-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师总结如下：EOG公布的第一季度调整后每股收益为3.41美元，高于市场预期的2.87美元，超出预期0.20美元。产量飙升27%至138万桶油当量/日，其中天然气产量增长45%至30.2亿立方英尺/日，液化天然气产量增长37%，主要得益于以44.5亿美元完成的Encino收购案。该收购案预计将于2025年第三季度完成，将扩大EOG在尤蒂卡页岩气领域的布局。我们认为这项具有变革意义的交易将增强EOG的资产组合和增长势头，但成本压力也显而易见，集输和运输费用增长49%至6.54亿美元，反映出运营整合方面的挑战。天然气价格上涨10%至3.76美元/百万英热单位，而原油价格持平于72.47美元/桶。尽管资本支出增加至16.4亿美元，但EOG的自由现金流依然保持强劲，达到14.9亿美元。EOG的净债务增至40.8亿美元，净债务占总资本的比率为11.7%。我们注意到，这一比率远低于我们勘探开发同行25%的平均水平，这为EOG提供了财务灵活性，同时我们认为，EOG也从其不断扩大的资产基础中获得了巨大的增长潜力。
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