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, 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.
EOG Resources is set to present at the Barclays CEO Energy-Power Conference on September 8, 2022, at 7:35 a.m. Central time. The presentation will be led by Ezra Y. Yacob, CEO of EOG. Interested parties can access live webcasts and replays via the Investors/Events & Presentations page on the EOG website.
EOG is among the largest crude oil and natural gas exploration and production companies in the U.S.
EOG Resources reported strong second quarter results for 2022, with total revenue of $7.4 billion and net income of $2.2 billion, translating to a net income per share of $3.81. The company declared a special dividend of $1.50 per share, payable on September 29, 2022. Adjusted net income reached $1.6 billion, generating $1.3 billion in free cash flow. Production volumes exceeded guidance, with crude oil output averaging 464.1 MBod. EOG maintained a robust balance sheet with a debt-to-total capitalization of 18.6% and free cash flow generation amidst rising operational costs.
EOG Resources, Inc. (EOG) has announced a conference call and webcast scheduled for August 5, 2022, at 9 a.m. Central time to discuss its second quarter 2022 results. The call will be accessible via the Investors/Events & Presentations page on EOG's website. A replay will be available for one year if the live webcast cannot be accessed.
EOG Resources is set to present at the J.P. Morgan Energy, Power and Renewables Conference on June 22, 2022, at 6:40 a.m. Central time. The presentation will be led by Lloyd W. "Billy" Helms, Jr., President and Chief Operating Officer of EOG. Investors can access live webcasts and replays through the Investors/Events & Presentations page on EOG's website for up to one year. EOG is among the largest crude oil and natural gas exploration and production companies in the United States, with proved reserves located in the U.S. and Trinidad.
EOG Resources is set to present at the Bernstein Strategic Decisions Conference on June 1, 2022, at 10:00 a.m. Central time. CEO Ezra Y. Yacob will represent the company. Interested parties can access live webcasts and replays through the Investors/Events & Presentations page on EOG's website.
EOG Resources reported first-quarter 2022 results with total revenue of $3.983 billion and net income of $390 million. The company declared a special dividend of $1.80 per share and a regular dividend of $0.75 per share, emphasizing a commitment to return at least 60% of free cash flow to shareholders. EOG generated $2.4 billion in free cash flow and achieved an adjusted net income of $2.346 billion or $4.00 per share. Production volumes exceeded guidance, showcasing the company's operational efficiency amidst inflation and supply chain challenges.
EOG Resources, Inc. is the well-site operator in a recent acquisition by Rising Phoenix Royalties, which purchased an overriding royalty interest in the SCOOP/Woodford Basin, McClain County, OK. The deal enabled the seller to cash out on inherited assets, while RPR utilized its expertise to resolve title complications, ensuring a smooth closing. RPR's process includes third-party geological analysis for valuation transparency. Established in 2009, RPR has managed over $75 million in oil and gas royalty assets.