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Aug 2 (Reuters) – EOG Resources Inc’s second-quarter
profit rose 33 percent as the amount of oil it produced jumped
more than 50 percent.
The Houston company reported a profit of $395 million, or
$1.47 per share, compared with $296 million, or $1.10 per share
in the same period a year ago.
The company also raised its full-year production growth
target to 9 percent from 7 percent.
