** Shares of U.S. shale producer EOG Resources EOG.N fall 1.3% to $110.27
** Barclays cuts PT to $137 from $140; representing a 22.7% premium to stock's last close
** Says as the first large-cap E&P co to report results, EOG sets the tone for a measured capex cut, which flattens out oil production without materially affecting broader portfolio development
** Company late on Thursday trimmed its capital expenditure plan for the year on tariff uncertainty (add link)
** Co reduced its 2025 capex plan by $200 million to between $5.8 billion and $6.2 billion
** Including session's moves, shares down 10.3% YTD
(Reporting by Sumit Saha in Bengaluru)
((Sumit.Saha@thomsonreuters.com;))
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