EOG 4Q10 and Full Year Earnings

Link here.

Excluding some items (numbers rounded):

• EOG earned $750 million or $3.00/share in 2010 vs $550 million or $2.00 share in 2009

Other data points:

• EOG will sell $1 billion worth of assets in 2011
• Bakken still plays a major role in EOG's earnings
• EOG making progress in the Niobrara
• EOG will increase dividend again; this time in April

Again, another indication of the beginning of an energy decade, after a lost decade