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. (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.
EOG Resources is set to present at the Citi Global Energy and Utilities Conference on May 11 at 10:10 a.m. CT, with COO Lloyd W. Helms, Jr. presenting. Additionally, EOG will present at the Bernstein Strategic Decisions Conference on June 3 at 12:30 p.m. CT, featuring CEO William R. Thomas. Investors can access live webcasts and replays for up to one year via the EOG website's Investors/Events & Presentations page. EOG is a major crude oil and natural gas exploration and production company based in the U.S.
EOG Resources, Inc. will hold a conference call on May 7, 2021, at 9 a.m. Central time to discuss its first quarter 2021 results. Investors can access the live webcast via the EOG website and will also have the option to listen to a replay for one year. EOG, one of the largest crude oil and natural gas companies in the U.S., has proved reserves in the U.S., Trinidad, and China. For further details, investors can refer to the company’s website.
EOG Resources is set to present at the Evercore ISI Elite Energy Summit on March 17, 2021, at 9:45 a.m. Central time. The presentation will be led by William R. Thomas, Chairman and CEO, representing EOG. Investors can access the live webcast on the EOG website, with a replay available for ninety days thereafter. EOG is recognized as one of the largest crude oil and natural gas exploration and production companies in the U.S., holding proved reserves across the U.S., Trinidad, and China.
EOG Resources reported strong fourth quarter and full-year 2020 results, highlighting a net income of $337 million for Q4 and $850 million for the year, with adjusted earnings of $0.71 per share. The company generated $666 million in free cash flow in Q4, leading to a 10% dividend increase to an annual rate of $1.65. EOG's capital expenditures were below guidance, emphasizing operational efficiency, while maintaining a debt-to-total capitalization of 22.3%. EOG aims to achieve zero routine flaring by 2025 and net zero GHG emissions by 2040.
EOG Resources, Inc. (EOG) has announced a conference call and webcast to discuss its fourth quarter and full year 2020 results, scheduled for February 26, 2021, at 9 a.m. Central time. Investors can access the live webcast through the EOG website, with a replay available for one year. EOG is a major player in crude oil and natural gas exploration and production in the United States and has operations in Trinidad and China.