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EOG Resources Declares Quarterly Dividend on Common Stock

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Rhea-AI Summary

The Board of Directors of EOG Resources has declared a quarterly dividend of $0.75 per share on its Common Stock. This dividend is payable on October 31, 2022, to stockholders of record as of October 17, 2022. The indicated annual rate stands at $3.00.

EOG Resources operates as one of the largest crude oil and natural gas exploration and production companies in the United States, with significant proved reserves in both the U.S. and Trinidad.

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AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

  • Quarterly dividend of $0.75 increases shareholder income.
  • Annual dividend rate of $3.00 reflects company confidence.

Negative

  • None.

News Market Reaction – EOG

-1.10%
-1.10% News Effect

On the day this news was published, EOG declined 1.10%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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HOUSTON, Sept. 29, 2022 /PRNewswire/ -- The Board of Directors of EOG Resources, Inc. (EOG) has declared a dividend of $0.75 per share on EOG's Common Stock, payable October 31, 2022, to stockholders of record as of October 17, 2022. The indicated annual rate is $3.00.

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
David Streit  713-571-4902
Neel Panchal  713-571-4884

Media Contact
Kimberly Ehmer  713-571-4676

 

Cision View original content:https://www.prnewswire.com/news-releases/eog-resources-declares-quarterly-dividend-on-common-stock-301637217.html

SOURCE EOG Resources, Inc.

FAQ

What is the dividend amount declared by EOG?

EOG has declared a dividend of $0.75 per share.

When is the EOG dividend payable?

The EOG dividend is payable on October 31, 2022.

What is the record date for EOG's dividend?

The record date for EOG's dividend is October 17, 2022.

What is the annual dividend rate for EOG?

The indicated annual dividend rate for EOG is $3.00.