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.
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EOG Resources, Inc. (EOG) announced that it will host a conference call and webcast to discuss its first quarter 2023 financial results on May 5, 2023, at 9 a.m. Central time (10 a.m. Eastern time). Investors can access the live webcast through the Investors/Events & Presentations page on its website. A replay of the call will be available for one year post-event. EOG is a major player in the U.S. crude oil and natural gas exploration and production sector, holding substantial proved reserves in the United States and Trinidad.
EOG Resources reported strong fourth quarter and full-year 2022 results, with total revenue reaching $6.719 billion in Q4 and $25.702 billion for the year. Net income for Q4 was $2.277 billion, yielding $3.87 per share, and full-year net income was $7.759 billion or $13.22 per share. The company generated $7.6 billion in free cash flow, returning $5.1 billion to shareholders. EOG declared a regular dividend of $0.825 and a special dividend of $1.00 per share. Despite a decline in crude oil and natural gas prices, EOG's operational performance remained solid, achieving production above guidance and reducing net debt significantly.
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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