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 (EOG) has secured a significant exploration concession for Unconventional Onshore Block 3 (UCO3) from Abu Dhabi's Supreme Council for Financial and Economic Affairs. The concession covers 3,609 square kilometers (approximately 900,000 acres) in the Al Dhafra region's over-pressured, oil-prone basin.
EOG holds 100% equity and operatorship and will collaborate with Abu Dhabi National Oil Company (ADNOC) to explore and appraise unconventional oil resources. The agreement includes a three-year appraisal phase, after which EOG may enter a production concession where ADNOC has participation options. Drilling operations are expected to commence in H2 2025 without affecting EOG's 2025 capital plan.
EOG Resources (EOG) has announced its participation in the upcoming Bernstein Strategic Decisions Conference. Ezra Y. Yacob, the company's Chairman and Chief Executive Officer, will deliver the presentation on Wednesday, May 28, 2025 at 12:30 p.m. Central time (1:30 p.m. Eastern time). Investors and interested parties can access the live webcast and replay for up to one year through the Investors/Events & Presentations section of EOG's website.
EOG Resources has announced it will host a conference call and webcast to discuss its first quarter 2025 results on Friday, May 2, 2025, at 9 a.m. Central time (10 a.m. Eastern time). The event will be accessible through the Investors/Events & Presentations page on the EOG website. For those unable to attend the live webcast, a replay will be available for one year. Interested parties with questions can contact Angie Lewis at 713-651-6722.
EOG Resources reported strong Q4 and full-year 2024 results, with Q4 adjusted net income of $1.5 billion ($2.74 per share) and $1.3 billion in free cash flow. The company generated $5.4 billion in free cash flow for full-year 2024, returning $5.3 billion to shareholders.
Q4 oil production reached 494,600 Bopd, while full-year production increased 3% to 491,400 Bopd. The company achieved a 6% reduction in average well costs across its multi-basin portfolio and replaced 201% of 2024 production at a finding and development cost of $7.03 per Boe (GAAP).
For 2025, EOG announced a $6.2 billion capital plan targeting 3% oil production growth and 6% total production growth. The company declared a quarterly dividend of $0.975 per share, representing a 7% increase, and repurchased $981 million of shares in Q4 2024.
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.
EOG Resources has announced it will host a conference call and webcast to discuss its fourth quarter and full year 2024 results on Friday, February 28, 2025, at 9 a.m. Central time (10 a.m. Eastern time). The event will be accessible through the Investors/Events & Presentations page on EOG's website, where a replay will remain available for one year after the live broadcast.
EOG Resources has announced its upcoming participation in the Goldman Sachs Energy, CleanTech and Utilities Conference. The presentation is scheduled for Tuesday, January 7, at 2:40 p.m. Central time (3:40 p.m. Eastern time). Ann Janssen, Executive Vice President and Chief Financial Officer, will represent the company. Investors and interested parties can access the live webcast and replay (available for up to one year) through the Investors/Events & Presentations section of EOG's website.
EOG Resources reported strong Q3 2024 results with improved production volumes and lower operating costs. The company generated $1.5 billion in free cash flow and earned adjusted net income of $1.6 billion ($2.89 per share). Total production reached 1,075,700 barrels of oil equivalent per day, exceeding guidance. The Board increased the regular dividend by 7% to $0.975 per share quarterly ($3.90 annual rate). EOG repurchased $758 million of shares in Q3 and received a $5 billion increase in share repurchase authorization. The company maintains strong financial position with $6.1 billion in cash and plans to refinance upcoming debt maturities while maintaining similar cash levels.
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