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EOG Resources reports strong earnings, announces $5 billion buyback, as Mutual of America Capital Management cuts stake.
Mutual of America Capital Management decreased its stake in EOG Resources by 3.5%, while other institutional investors like Fisher Asset Management and Pallas Capital Advisors increased their holdings.
EOG Resources reported strong earnings of $2.74 per share, exceeding expectations, and announced a $5 billion share buyback program and a quarterly dividend of $0.975 per share.
The company's market cap is $71.43 billion with a P/E ratio of 10.22.
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EOG Resources reporta fuertes ganancias, anuncia recompra de $5 mil millones, mientras Mutual of America Capital Management reduce la participación.