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. 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 has announced the appointment of Lynn A. Dugle to its Board of Directors effective March 1, 2023. Dugle brings extensive leadership experience from her tenure as CEO of Engility Holdings and senior roles at Raytheon, focusing on technology disciplines. The company also confirmed that James C. Day, a director since 2008, plans to retire at the end of his term and will not seek re-election at the 2023 annual stockholders meeting. EOG's Chairman, Ezra Y. Yacob, expressed gratitude for Day's contributions to the company during his 15 years of service.
EOG Resources, Inc. (EOG) announced a conference call and webcast for its fourth quarter and full year 2022 results, scheduled for February 24, 2023, at 9 a.m. Central time (10 a.m. Eastern time). The call will allow investors and analysts to discuss the results, with a live webcast available on the company's website. A replay will be accessible for up to one year.
EOG Resources has joined the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), a UNEP initiative aimed at enhancing methane emissions reporting in the oil and gas sector. Since 2017, EOG has reduced its methane emissions by 85%. The company is implementing iSenseSM, a continuous methane monitoring system, primarily in the Delaware Basin. This move underscores EOG's commitment to transparency and operational improvement in emissions management, aligning with goals to combat climate change.
EOG Resources is set to present at the Goldman Sachs Global Energy and Clean Technology Conference on January 6 at 11:40 a.m. Central time. The presentation will be conducted by Ezra Y. Yacob, the company's Chairman and CEO. Stakeholders can access live webcasts and replays of the presentation for up to one year via the Investors/Events & Presentations page.
EOG Resources, Inc. is set to present at the BofA Securities Global Energy Conference on November 17 at 7:45 a.m. Central time. The presentation will be led by Kenneth W. Boedeker, Executive Vice President of Exploration and Production. Investors can access live webcasts and replays on the EOG website for up to a year after the event. EOG is a major player in the crude oil and natural gas exploration sector in the United States and Trinidad, known for its significant proved reserves.
EOG Resources reported third-quarter 2022 results showing strong financial performance with total revenue at $7.593 billion, up from $4.765 billion a year ago. Net income reached $2.854 billion or $4.86 per share. The company declared a regular dividend of $0.825 per share and a special dividend of $1.50. Free cash flow was substantial at $2.3 billion, bolstered by an impressive production performance across its resource basins, particularly with the new Ohio Utica Combo play.
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EOG Resources, Inc. announced the retirement of Bill Thomas from its board of directors, effective October 4, 2022. Ezra Y. Yacob, currently the CEO, has been appointed as the new Chairman of the Board. Thomas, who has had a 43-year career with EOG, served as Chairman and CEO from 2014 to 2021. Yacob's leadership has been praised for his strategic vision and operational expertise. This change aims to ensure continuity and further enhance governance at EOG Resources.
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.
EOG Resources, Inc. (EOG) announces a conference call and webcast to discuss its third quarter 2022 financial results, scheduled for November 4, 2022, at 9 a.m. Central time. Investors can access the live webcast through the Investors/Events & Presentations page on EOG’s website. A replay of the call will be available for one year. For inquiries, contact Angie Lewis at 713-651-6722.