Citi analyst Robert Morris believes EOG Resources will reset its outlook for oil production growth this quarter. The prior plan was to post 15%-25% annual oil production growth from 2016 through 2020 within cash flow at $50-$60 per barrel oil, but management removed the slide depicting this outlook in its Q3 presentation, Morris tells investors in a research note. He believes EOG will now target 10%-20% annual oil production growth over the next three-to-five years at $50-$60 per barrel oil starting with a 2018 base. He keeps a Buy rating on EOG Resources with a $125 price target.