Eog Res Inc Stock Price, News & Analysis

EOG Resources has announced a quarterly dividend of $0.4125 per share on its Common Stock, payable on October 29, 2021. Stockholders of record as of October 15, 2021 will receive this dividend, indicating an annual rate of $1.65. EOG is recognized as one of the largest crude oil and natural gas exploration and production companies in the United States, with proved reserves in the U.S. and Trinidad.

EOG Resources, Inc. (EOG) has announced a conference call and webcast to discuss its third-quarter 2021 results on November 5, 2021, at 9 a.m. Central time. Investors can access the live webcast via the company's Investors/Events & Presentations page. A replay of the call will be available for one year. EOG is a major player in crude oil and natural gas exploration and production in the United States and Trinidad.

EOG Resources (EOG) will present at the Barclays CEO Energy-Power Conference on September 8, 2021, at 8:45 a.m. Central Time. Ezra Y. Yacob, President of EOG, will represent the company. Interested investors can access live webcasts and replays for up to one year on the Investor Events & Presentations page of EOG's website. EOG is one of the largest crude oil and natural gas exploration and production companies in the U.S., with proved reserves in the U.S. and Trinidad. For more information, visit www.eogresources.com.

EOG Resources reported strong second-quarter 2021 results with total revenue of $4.14 billion and a net income of $907 million, translating to $1.55 per share. The company generated over $1 billion in free cash flow and adjusted net income of $1.01 billion, or $1.73 per share. EOG’s oil production exceeded guidance, while total cash operating costs were 3% below the midpoint of guidance. The firm remains committed to returning $1.5 billion to shareholders in 2021. Environmental performance also improved with initiatives to reduce emissions and increase recycled water usage.

EOG Resources, Inc. (EOG) will hold a conference call and webcast on August 5, 2021, at 9 a.m. Central time to discuss its second quarter 2021 results. The event can be accessed via the Investors/Events & Presentations page on EOG's website. A replay will be available for one year after the call. EOG is a leading crude oil and natural gas exploration and production company in the U.S., with significant proved reserves in the U.S. and Trinidad.

EOG Resources, Inc. announced a management succession plan effective October 1, 2021. Ezra Y. Yacob will become CEO and join the Board, succeeding William R. Thomas, who will transition to Non-Executive Chairman after 42 years with the company. Yacob, with 16 years at EOG, is recognized for his expertise in unconventional resource development. Lloyd W. 'Billy' Helms, Jr. will continue as COO and take on the role of President. Both leaders emphasize EOG's strong operational performance and innovative culture, signaling a stable leadership transition.

EOG Resources, a leading crude oil and natural gas company, will present at the J.P. Morgan Energy, Power and Renewables Conference on June 22 at 9:30 a.m. Central time. Ezra Y. Yacob, the President, will represent the company during the session. Investors can access live webcasts and replays on EOG's Investors/Events & Presentations page for up to one year. EOG is known for its significant reserves in the U.S. and Trinidad, marking its position as a top player in the energy sector.

EOG Resources has promoted Jeffrey R. "Jeff" Leitzell to Executive Vice President, Exploration and Production, effective immediately. Previously the Vice President and General Manager at EOG's Midland office, he is credited with significantly increasing activity in the Delaware Basin and advancing environmental initiatives such as water re-use and methane emissions reduction. Leitzell brings 17 years of industry experience, including almost 13 years at EOG, and will oversee operations in Midland, Denver, and Artesia.

EOG Resources reported a strong first quarter of 2021, achieving total revenue of $3.694 billion, up from $2.965 billion in the previous quarter. Net income surged to $677 million, or $1.16 per share, compared to $337 million in 4Q 2020. A special dividend of $1.00 and a regular dividend of $0.4125 were announced, totaling an expected cash return of $1.5 billion for shareholders. The company generated a record $1.1 billion in free cash flow while reducing debt to $5.133 billion, leading to a debt-to-capitalization ratio of 19.8%. EOG expects continued operational improvements and financial discipline.