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 reported strong financial results for the fourth quarter and full-year 2021, achieving a record adjusted net income of $1.8 billion ($3.09 per share) in Q4, up from $1.3 billion in Q3. For FY 2021, adjusted net income reached $5.0 billion ($8.61 per share). The company generated $2.0 billion in free cash flow in Q4 and $5.5 billion for the year. EOG declared a regular dividend of $0.75 and a special dividend of $1.00 per share, payable in April and March 2022, respectively. The capital plan for 2022 is set between $4.3 to $4.7 billion.
Cheniere Energy has announced an amendment to its long-term gas supply agreement with EOG Resources, tripling the volume of LNG provided. The amended deal allows EOG to supply 420,000 MMBtu of natural gas per day for 15 years, with total supply reaching 720,000 MMBtu daily once all contracts commence. The amendments are crucial for the Corpus Christi Stage III project, which aims for a production capacity of over 10 mtpa. The transaction signifies Cheniere's commitment to further developing its liquefaction capabilities.
EOG Resources, Inc. (EOG) announced a conference call scheduled for February 25, 2022, at 9 a.m. Central time to discuss its fourth quarter and full year 2021 results. Investors can access the live webcast on their website, with a replay available for one year. EOG is a leading crude oil and natural gas exploration and production company in the U.S., holding significant proved reserves domestically and in Trinidad.
EOG Resources will participate in the Goldman Sachs Global Energy and Clean Technology Conference on January 6 at 11:40 a.m. Central Time. CEO Ezra Y. Yacob will represent the company during the event. Interested parties can access live webcasts and replays of the presentation on the EOG Investors/Events & Presentations page for up to one year. 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 reported strong financial results for Q3 2021, including total revenue of $4.77 billion and net income of $1.1 billion, representing an increase from $907 million in Q2 2021. Adjusted net income was $1.26 billion, or $2.16 per share, up from $1.01 billion in Q2. EOG raised its regular dividend by 82% to an annual rate of $3.00 per share and declared a special dividend of $2.00 per share. The company generated impressive free cash flow of $1.36 billion while keeping capital expenditures low at $935 million, benefiting from cost efficiencies.
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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.