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Fly News Breaks for May 10, 2017
EOG
May 10, 2017 | 06:38 EDT
Raymond James analyst John Freeman upgraded EOG Resources to Outperform from Market Perform and established a $110 price target following the solid Q1 report. The analyst said Whirling Wind well results exceeded the prior all-time industry record for 30-day initial production from Permian Basin horizontal wells and the company increased premium location count by 1,200, which sets the company up for a beat and raise year.