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Donald F. Textor to Retire from EOG Resources Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management

EOG Resources announced that Donald F. Textor will retire from the Board of Directors at the end of his current term and will not seek re-election at the company's 2025 annual stockholders meeting. Textor, who joined EOG's board in 2001, brought extensive experience from his 21-year career at Goldman, Sachs & Co., where he served as General Partner and Managing Director, specializing in oil and gas exploration and production companies.

During his tenure at EOG, Textor also served as Portfolio Manager of the Dorset Energy Fund and Partner at Knott Partners Management. Chairman and CEO Ezra Y. Yacob acknowledged Textor's significant contributions over his 24-year service, during which EOG grew from a small E&P company to become one of the largest independent E&P companies and a technology leader in the oil and gas sector.

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Positive

  • 24-year board member tenure demonstrates long-term stability and institutional knowledge
  • Company achieved significant growth during director's tenure, becoming a major independent E&P player
  • Successfully navigated multiple commodity price cycles while delivering shareholder value

Negative

  • None.

News Market Reaction 1 Alert

+1.33% News Effect

On the day this news was published, EOG gained 1.33%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOUSTON, Feb. 11, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced that Donald F. Textor plans to retire from the Board of Directors at the end of his current term and not stand for re-election at EOG's 2025 annual stockholders meeting. Textor was first elected a Director of EOG in 2001, following his retirement as a General Partner and Managing Director for Goldman, Sachs & Co. where he devoted a distinguished 21-year career as a senior security analyst for domestic oil and gas exploration and production (E&P) companies. During his service on EOG's Board, Textor also leveraged his expertise in the energy industry as Portfolio Manager of the Dorset Energy Fund and a Partner of Knott Partners Management, LLC.

"On behalf of EOG and the Board, I would like to thank Don for his dedicated service to EOG over the past 24 years," said Ezra Y. Yacob, Chairman and Chief Executive Officer. "Don's counsel and support were integral to EOG's success growing from a small E&P to become one of the largest and most successful independent E&P companies and a technology leader in the oil and gas sector. During his tenure, EOG successfully navigated multiple commodity price cycles and delivered exceptional shareholder value. We offer Don and his family our best wishes."

About EOG
EOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States and Trinidad. To learn more visit www.eogresources.com. 

Investor Contacts


Pearce Hammond

713–571–4684

Neel Panchal

713-571-4884

Shelby O'Connor

713-571-4560



Media Contact


Kimberly Ehmer

713-571-4676

 

Cision View original content:https://www.prnewswire.com/news-releases/donald-f-textor-to-retire-from-eog-resources-board-of-directors-302372874.html

SOURCE EOG Resources, Inc.

FAQ

When will Donald F. Textor retire from EOG Resources' Board of Directors?

Donald F. Textor will retire at the end of his current term and will not stand for re-election at EOG's 2025 annual stockholders meeting.

How long has Donald F. Textor served on EOG Resources' Board?

Donald F. Textor has served on EOG's Board for 24 years, having first been elected as a Director in 2001.

What was Donald F. Textor's background before joining EOG's Board?

Before joining EOG's Board, Textor was a General Partner and Managing Director at Goldman, Sachs & Co., where he spent 21 years as a senior security analyst focusing on domestic oil and gas exploration and production companies.

How did EOG Resources perform during Donald F. Textor's board tenure?

During Textor's tenure, EOG grew from a small E&P company to become one of the largest independent E&P companies, successfully navigated multiple commodity price cycles, and delivered exceptional shareholder value.
Eog Res Inc

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60.02B
541.00M
0.28%
96.73%
2.58%
Oil & Gas E&P
Crude Petroleum & Natural Gas
Link
United States
HOUSTON