Welcome to our dedicated page for EOG Resources news (Ticker: EOG), a resource for investors and traders seeking the latest updates and insights on EOG Resources stock.
EOG Resources, Inc. reports financial, operational and portfolio developments for a crude oil and natural gas exploration and production business with proved reserves in the United States and Trinidad. Recurring updates cover oil, natural gas liquids and natural gas volumes, commodity price realizations, per-unit operating costs, capital expenditures, cash flow, dividends and share repurchases.
Company news also describes EOG's multi-basin asset base, including activity tied to the Delaware Basin, Eagle Ford, Utica, Dorado, Powder River Basin and Trinidad, as well as international exploration opportunities. Governance updates, board changes, conference presentations and annual capital-plan disclosures add context around management priorities and capital allocation.
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.