Welcome to our dedicated page for Eog Res news (Ticker: EOG), a resource for investors and traders seeking the latest updates and insights on Eog Res stock.
EOG Resources, Inc. (NYSE: EOG) is a crude oil and natural gas exploration and production company that regularly issues detailed news updates on its operations, financial results and corporate developments. The company describes itself as 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, and its news flow reflects this scale of activity.
On this page, readers can follow EOG’s press releases about quarterly and annual financial results, including revenue, net income, cash flow from operations, capital expenditures, free cash flow and production volumes for crude oil and condensate, natural gas liquids and natural gas. These releases often include supplemental financial tables, reconciliations of non-GAAP measures to GAAP measures and guidance ranges for future periods.
EOG also publishes announcements about conference calls and webcasts to discuss its results, specifying dates and times for investors to listen to management’s commentary. In addition, the company issues news about presentations at energy and investor conferences, where its executives discuss the business, operations and outlook.
Corporate and financing developments are another key part of EOG’s news. Recent items include the completion of the acquisition of Encino Acquisition Partners, updates on senior note offerings and changes to its revolving credit facility, as well as Board-level changes such as the appointment of new directors. Together, these updates provide a view into how EOG manages its asset base, capital structure and governance.
Investors and observers who want to monitor EOG’s operational performance, capital allocation decisions and strategic transactions can use this news feed as a centralized source of company-issued information.
EOG Resources announced the appointment of Michael T. Kerr to its Board of Directors, effective October 5, 2020. Kerr brings over 36 years of investment experience, primarily with Capital Group, where he managed multiple funds and covered global oil and gas companies. His insights are expected to add value to EOG's strategic direction. Additionally, the company declared a quarterly dividend of $0.375 per share, payable on October 30, 2020, with an annual rate of $1.50.
EOG Resources will host a conference call and webcast to discuss its third quarter 2020 results on November 6, 2020, at 9 a.m. Central time. Investors can access the live webcast on the company's Investors/Events & Presentations page, and a replay will be available for one year. EOG, one of the largest crude oil and natural gas exploration and production companies, has proved reserves in the U.S., Trinidad, and China. For inquiries, contact Angie Lewis at 713-651-6722.
EOG Resources is set to present at the Barclays CEO Energy-Power Conference on September 9 at 8:45 a.m. Central time, with CEO William R. Thomas representing the company. Interested parties can access a live webcast on the EOG Investors/Events & Presentations page, with replays available for a year. EOG, one of the largest crude oil and natural gas exploration and production companies in the U.S., holds proved reserves in the U.S., Trinidad, and China.
EOG Resources reported a second quarter 2020 net loss of $909 million, or $1.57 per share, compared to a net income of $848 million, or $1.46 per share in Q2 2019. Adjusted non-GAAP net loss was $131 million, reflecting the impact of lower commodity prices and production volumes due to COVID-19. Despite these challenges, EOG generated positive free cash flow of $194 million by significantly reducing operating costs and capital expenditures. Additionally, EOG discovered 500 Bcf of net natural gas resources in Trinidad, enhancing its future production potential.
EOG Resources, Inc. (EOG) has scheduled a conference call and webcast to discuss its second quarter 2020 results on August 7, 2020, at 9 a.m. Central time. Interested parties can access the live webcast on the Investors/Events & Presentations page of EOG's website. A replay will be available for one year for those unable to join live. EOG is a leading oil and gas exploration and production firm, with operations in the U.S., Trinidad, and China.