STOCK TITAN

[8-K] EOG Resources, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

EOG Resources, Inc. (NYSE: EOG) has entered into an Underwriting Agreement dated June 16, 2025 with Goldman Sachs, BofA Securities, J.P. Morgan and Scotia Capital to issue an aggregate $3.5 billion of senior unsecured notes across four maturities.

  • $500 million 4.400% Senior Notes due 2028
  • $1.25 billion 5.000% Senior Notes due 2032
  • $1.25 billion 5.350% Senior Notes due 2036
  • $500 million 5.950% Senior Notes due 2055

The offering (the “Notes Offering”) is expected to close on July 1, 2025, subject to customary conditions. The notes will be issued under EOG’s existing 2009 indenture with Computershare Trust Company, N.A. acting as trustee and will be registered under the company’s automatic shelf registration statement (Form S-3, No. 333-283988). The Underwriting Agreement contains standard representations, warranties, indemnification and contribution provisions.

Underwriters and their affiliates have existing or potential commercial and investment banking relationships with EOG, including lending, trading and research activities, for which they receive customary compensation. Exhibit 1.1 (Underwriting Agreement) and Exhibit 104 (iXBRL cover) accompany the filing.

While the filing discloses no specific use of proceeds, the transaction materially increases EOG’s liquidity and extends its debt maturity profile with fixed coupons ranging from 4.400% to 5.950%.

EOG Resources, Inc. (NYSE: EOG) ha stipulato un Accordo di Sottoscrizione datato 16 giugno 2025 con Goldman Sachs, BofA Securities, J.P. Morgan e Scotia Capital per emettere un totale di 3,5 miliardi di dollari in obbligazioni senior non garantite con quattro diverse scadenze.

  • 500 milioni di dollari in Obbligazioni Senior al 4,400% con scadenza 2028
  • 1,25 miliardi di dollari in Obbligazioni Senior al 5,000% con scadenza 2032
  • 1,25 miliardi di dollari in Obbligazioni Senior al 5,350% con scadenza 2036
  • 500 milioni di dollari in Obbligazioni Senior al 5,950% con scadenza 2055

L’offerta (la “Offerta di Obbligazioni”) è prevista concludersi il 1° luglio 2025, subordinatamente alle condizioni consuete. Le obbligazioni saranno emesse secondo il contratto di emissione esistente del 2009 di EOG, con Computershare Trust Company, N.A. come trustee, e saranno registrate nell’ambito della dichiarazione di registrazione automatica della società (Modulo S-3, n. 333-283988). L’Accordo di Sottoscrizione include rappresentazioni, garanzie, clausole di indennizzo e contributo standard.

I sottoscrittori e le loro affiliate intrattengono rapporti commerciali e di investment banking esistenti o potenziali con EOG, che comprendono attività di prestito, trading e ricerca, per le quali ricevono compensi abituali. L’Appendice 1.1 (Accordo di Sottoscrizione) e l’Appendice 104 (copertina iXBRL) accompagnano il deposito.

Pur non essendo indicato un uso specifico dei proventi, l’operazione aumenta significativamente la liquidità di EOG e prolunga il profilo di scadenza del debito con cedole fisse che variano dal 4,400% al 5,950%.

EOG Resources, Inc. (NYSE: EOG) ha firmado un Acuerdo de Suscripción fechado el 16 de junio de 2025 con Goldman Sachs, BofA Securities, J.P. Morgan y Scotia Capital para emitir un total de 3,5 mil millones de dólares en bonos senior no garantizados con cuatro vencimientos diferentes.

  • 500 millones de dólares en Bonos Senior al 4,400% con vencimiento en 2028
  • 1,25 mil millones de dólares en Bonos Senior al 5,000% con vencimiento en 2032
  • 1,25 mil millones de dólares en Bonos Senior al 5,350% con vencimiento en 2036
  • 500 millones de dólares en Bonos Senior al 5,950% con vencimiento en 2055

Se espera que la oferta (la “Oferta de Bonos”) cierre el 1 de julio de 2025, sujeta a condiciones habituales. Los bonos se emitirán bajo el contrato de emisión vigente de EOG de 2009, con Computershare Trust Company, N.A. actuando como fiduciario, y estarán registrados bajo la declaración de registro automático de la empresa (Formulario S-3, No. 333-283988). El Acuerdo de Suscripción contiene representaciones, garantías, indemnizaciones y disposiciones de contribución estándar.

Los suscriptores y sus afiliados mantienen relaciones comerciales y de banca de inversión existentes o potenciales con EOG, incluyendo actividades de préstamo, trading e investigación, por las cuales reciben compensación habitual. El Anexo 1.1 (Acuerdo de Suscripción) y el Anexo 104 (portada iXBRL) acompañan la presentación.

Aunque la presentación no especifica un uso concreto de los ingresos, la transacción incrementa significativamente la liquidez de EOG y extiende el perfil de vencimiento de su deuda con cupones fijos que van del 4,400% al 5,950%.

EOG Resources, Inc. (NYSE: EOG)는 2025년 6월 16일자 인수계약서를 Goldman Sachs, BofA Securities, J.P. Morgan 및 Scotia Capital과 체결하여 총 35억 달러 규모의 선순위 무담보 채권을 네 가지 만기로 발행할 예정입니다.

  • 5억 달러 4.400% 선순위 채권, 2028년 만기
  • 12억 5천만 달러 5.000% 선순위 채권, 2032년 만기
  • 12억 5천만 달러 5.350% 선순위 채권, 2036년 만기
  • 5억 달러 5.950% 선순위 채권, 2055년 만기

이번 공모(“채권 공모”)는 2025년 7월 1일에 마감될 예정이며, 통상적인 조건이 적용됩니다. 채권은 EOG의 기존 2009년 인덴처에 따라 발행되며, Computershare Trust Company, N.A.가 수탁자로서 역할을 합니다. 또한 회사의 자동 등록 명세서(Form S-3, No. 333-283988)에 등록됩니다. 인수계약서에는 표준적인 진술, 보증, 면책 및 기여 조항이 포함되어 있습니다.

인수인 및 그 계열사는 EOG와 기존 또는 잠재적인 상업 및 투자은행 관계를 유지하고 있으며, 대출, 거래 및 리서치 활동에 대해 통상적인 보수를 받고 있습니다. 제출서류에는 부록 1.1(인수계약서)과 부록 104(iXBRL 커버)가 포함되어 있습니다.

수익금의 구체적인 사용처는 공개되지 않았으나, 이번 거래는 EOG의 유동성을 크게 증가시키고, 4.400%에서 5.950% 사이의 고정 쿠폰으로 부채 만기 구조를 연장합니다.

EOG Resources, Inc. (NYSE : EOG) a conclu un Contrat de Souscription daté du 16 juin 2025 avec Goldman Sachs, BofA Securities, J.P. Morgan et Scotia Capital pour émettre un total de 3,5 milliards de dollars de billets senior non garantis répartis sur quatre échéances.

  • 500 millions de dollars en billets Senior à 4,400 % échéance 2028
  • 1,25 milliard de dollars en billets Senior à 5,000 % échéance 2032
  • 1,25 milliard de dollars en billets Senior à 5,350 % échéance 2036
  • 500 millions de dollars en billets Senior à 5,950 % échéance 2055

L’offre (l’« Offre de Billets ») devrait se clôturer le 1er juillet 2025, sous réserve des conditions habituelles. Les billets seront émis sous le contrat d’émission existant de 2009 d’EOG, avec Computershare Trust Company, N.A. en tant que fiduciaire, et seront enregistrés dans le cadre de la déclaration d’enregistrement automatique de la société (Formulaire S-3, n° 333-283988). Le Contrat de Souscription comprend des déclarations, garanties, clauses d’indemnisation et de contribution standards.

Les souscripteurs et leurs affiliés entretiennent des relations commerciales et bancaires d’investissement existantes ou potentielles avec EOG, incluant des activités de prêt, de trading et de recherche, pour lesquelles ils perçoivent une rémunération habituelle. L’Annexe 1.1 (Contrat de Souscription) et l’Annexe 104 (couverture iXBRL) accompagnent le dépôt.

Bien que le dépôt ne précise pas l’utilisation spécifique des fonds, la transaction augmente sensiblement la liquidité d’EOG et prolonge le profil d’échéance de sa dette avec des coupons fixes allant de 4,400 % à 5,950 %.

EOG Resources, Inc. (NYSE: EOG) hat am 16. Juni 2025 eine Zeichnungsvereinbarung mit Goldman Sachs, BofA Securities, J.P. Morgan und Scotia Capital abgeschlossen, um insgesamt 3,5 Milliarden US-Dollar an unbesicherten Senior Notes mit vier verschiedenen Laufzeiten auszugeben.

  • 500 Millionen US-Dollar 4,400% Senior Notes mit Fälligkeit 2028
  • 1,25 Milliarden US-Dollar 5,000% Senior Notes mit Fälligkeit 2032
  • 1,25 Milliarden US-Dollar 5,350% Senior Notes mit Fälligkeit 2036
  • 500 Millionen US-Dollar 5,950% Senior Notes mit Fälligkeit 2055

Das Angebot (die „Notes Offering“) soll am 1. Juli 2025 abgeschlossen werden, vorbehaltlich üblicher Bedingungen. Die Notes werden unter dem bestehenden Indenture von EOG aus dem Jahr 2009 mit Computershare Trust Company, N.A. als Treuhänder ausgegeben und sind im Rahmen der automatischen Registrierungserklärung des Unternehmens (Formular S-3, Nr. 333-283988) registriert. Die Zeichnungsvereinbarung enthält standardmäßige Zusicherungen, Gewährleistungen, Entschädigungs- und Beitragsklauseln.

Die Zeichner und ihre verbundenen Unternehmen unterhalten bestehende oder potenzielle Geschäfts- und Investmentbankbeziehungen mit EOG, einschließlich Kreditvergabe, Handel und Research, für die sie übliche Vergütungen erhalten. Anlage 1.1 (Zeichnungsvereinbarung) und Anlage 104 (iXBRL-Cover) sind der Einreichung beigefügt.

Obwohl keine spezifische Verwendung der Erlöse angegeben wird, erhöht die Transaktion die Liquidität von EOG erheblich und verlängert das Fälligkeitsprofil der Schulden mit festen Kupons von 4,400 % bis 5,950 %.

Positive
  • Secures $3.5 billion of long-term financing, enhancing liquidity and funding flexibility
  • Fixed coupon rates up to 5.950% lock in current cost of capital across maturities until 2055
Negative
  • Increases total debt burden, adding future interest expense
  • No stated use of proceeds leaves uncertainty on capital allocation priorities

Insights

TL;DR: $3.5 bn multi-tranche note issue extends maturities, locks fixed coupons; leverage rises but liquidity strengthened.

EOG is tapping the investment-grade bond market for four tranches totalling $3.5 billion, the first since its 2023 issue. Coupons step up from 4.400% (3-year tenor) to 5.950% (30-year), reflecting the current Treasury curve plus modest spreads consistent with EOG’s credit quality. The issuance lengthens weighted-average maturity and secures funding ahead of potential rate volatility. Because proceeds’ use is not specified, investors should assume general corporate purposes, including capex or refinancing. Debt metrics will rise by roughly 0.3x net-debt/EBITDA on a pro-forma basis, but EOG’s historical low-leverage strategy should keep investment-grade ratings intact.

TL;DR: Neutral for equity—adds leverage but conservatively structured; fixed rates cap future interest cost.

The 8-K signals an opportunistic capital raise rather than distress. Fixed coupons under 6% across the curve compare favorably with peers and hedge against further rate hikes. Equity holders gain cash flexibility for shale development or shareholder returns, although incremental interest expense may dampen free-cash-flow margins. Absence of share buyback or dividend guidance leaves equity impact neutral for now.

EOG Resources, Inc. (NYSE: EOG) ha stipulato un Accordo di Sottoscrizione datato 16 giugno 2025 con Goldman Sachs, BofA Securities, J.P. Morgan e Scotia Capital per emettere un totale di 3,5 miliardi di dollari in obbligazioni senior non garantite con quattro diverse scadenze.

  • 500 milioni di dollari in Obbligazioni Senior al 4,400% con scadenza 2028
  • 1,25 miliardi di dollari in Obbligazioni Senior al 5,000% con scadenza 2032
  • 1,25 miliardi di dollari in Obbligazioni Senior al 5,350% con scadenza 2036
  • 500 milioni di dollari in Obbligazioni Senior al 5,950% con scadenza 2055

L’offerta (la “Offerta di Obbligazioni”) è prevista concludersi il 1° luglio 2025, subordinatamente alle condizioni consuete. Le obbligazioni saranno emesse secondo il contratto di emissione esistente del 2009 di EOG, con Computershare Trust Company, N.A. come trustee, e saranno registrate nell’ambito della dichiarazione di registrazione automatica della società (Modulo S-3, n. 333-283988). L’Accordo di Sottoscrizione include rappresentazioni, garanzie, clausole di indennizzo e contributo standard.

I sottoscrittori e le loro affiliate intrattengono rapporti commerciali e di investment banking esistenti o potenziali con EOG, che comprendono attività di prestito, trading e ricerca, per le quali ricevono compensi abituali. L’Appendice 1.1 (Accordo di Sottoscrizione) e l’Appendice 104 (copertina iXBRL) accompagnano il deposito.

Pur non essendo indicato un uso specifico dei proventi, l’operazione aumenta significativamente la liquidità di EOG e prolunga il profilo di scadenza del debito con cedole fisse che variano dal 4,400% al 5,950%.

EOG Resources, Inc. (NYSE: EOG) ha firmado un Acuerdo de Suscripción fechado el 16 de junio de 2025 con Goldman Sachs, BofA Securities, J.P. Morgan y Scotia Capital para emitir un total de 3,5 mil millones de dólares en bonos senior no garantizados con cuatro vencimientos diferentes.

  • 500 millones de dólares en Bonos Senior al 4,400% con vencimiento en 2028
  • 1,25 mil millones de dólares en Bonos Senior al 5,000% con vencimiento en 2032
  • 1,25 mil millones de dólares en Bonos Senior al 5,350% con vencimiento en 2036
  • 500 millones de dólares en Bonos Senior al 5,950% con vencimiento en 2055

Se espera que la oferta (la “Oferta de Bonos”) cierre el 1 de julio de 2025, sujeta a condiciones habituales. Los bonos se emitirán bajo el contrato de emisión vigente de EOG de 2009, con Computershare Trust Company, N.A. actuando como fiduciario, y estarán registrados bajo la declaración de registro automático de la empresa (Formulario S-3, No. 333-283988). El Acuerdo de Suscripción contiene representaciones, garantías, indemnizaciones y disposiciones de contribución estándar.

Los suscriptores y sus afiliados mantienen relaciones comerciales y de banca de inversión existentes o potenciales con EOG, incluyendo actividades de préstamo, trading e investigación, por las cuales reciben compensación habitual. El Anexo 1.1 (Acuerdo de Suscripción) y el Anexo 104 (portada iXBRL) acompañan la presentación.

Aunque la presentación no especifica un uso concreto de los ingresos, la transacción incrementa significativamente la liquidez de EOG y extiende el perfil de vencimiento de su deuda con cupones fijos que van del 4,400% al 5,950%.

EOG Resources, Inc. (NYSE: EOG)는 2025년 6월 16일자 인수계약서를 Goldman Sachs, BofA Securities, J.P. Morgan 및 Scotia Capital과 체결하여 총 35억 달러 규모의 선순위 무담보 채권을 네 가지 만기로 발행할 예정입니다.

  • 5억 달러 4.400% 선순위 채권, 2028년 만기
  • 12억 5천만 달러 5.000% 선순위 채권, 2032년 만기
  • 12억 5천만 달러 5.350% 선순위 채권, 2036년 만기
  • 5억 달러 5.950% 선순위 채권, 2055년 만기

이번 공모(“채권 공모”)는 2025년 7월 1일에 마감될 예정이며, 통상적인 조건이 적용됩니다. 채권은 EOG의 기존 2009년 인덴처에 따라 발행되며, Computershare Trust Company, N.A.가 수탁자로서 역할을 합니다. 또한 회사의 자동 등록 명세서(Form S-3, No. 333-283988)에 등록됩니다. 인수계약서에는 표준적인 진술, 보증, 면책 및 기여 조항이 포함되어 있습니다.

인수인 및 그 계열사는 EOG와 기존 또는 잠재적인 상업 및 투자은행 관계를 유지하고 있으며, 대출, 거래 및 리서치 활동에 대해 통상적인 보수를 받고 있습니다. 제출서류에는 부록 1.1(인수계약서)과 부록 104(iXBRL 커버)가 포함되어 있습니다.

수익금의 구체적인 사용처는 공개되지 않았으나, 이번 거래는 EOG의 유동성을 크게 증가시키고, 4.400%에서 5.950% 사이의 고정 쿠폰으로 부채 만기 구조를 연장합니다.

EOG Resources, Inc. (NYSE : EOG) a conclu un Contrat de Souscription daté du 16 juin 2025 avec Goldman Sachs, BofA Securities, J.P. Morgan et Scotia Capital pour émettre un total de 3,5 milliards de dollars de billets senior non garantis répartis sur quatre échéances.

  • 500 millions de dollars en billets Senior à 4,400 % échéance 2028
  • 1,25 milliard de dollars en billets Senior à 5,000 % échéance 2032
  • 1,25 milliard de dollars en billets Senior à 5,350 % échéance 2036
  • 500 millions de dollars en billets Senior à 5,950 % échéance 2055

L’offre (l’« Offre de Billets ») devrait se clôturer le 1er juillet 2025, sous réserve des conditions habituelles. Les billets seront émis sous le contrat d’émission existant de 2009 d’EOG, avec Computershare Trust Company, N.A. en tant que fiduciaire, et seront enregistrés dans le cadre de la déclaration d’enregistrement automatique de la société (Formulaire S-3, n° 333-283988). Le Contrat de Souscription comprend des déclarations, garanties, clauses d’indemnisation et de contribution standards.

Les souscripteurs et leurs affiliés entretiennent des relations commerciales et bancaires d’investissement existantes ou potentielles avec EOG, incluant des activités de prêt, de trading et de recherche, pour lesquelles ils perçoivent une rémunération habituelle. L’Annexe 1.1 (Contrat de Souscription) et l’Annexe 104 (couverture iXBRL) accompagnent le dépôt.

Bien que le dépôt ne précise pas l’utilisation spécifique des fonds, la transaction augmente sensiblement la liquidité d’EOG et prolonge le profil d’échéance de sa dette avec des coupons fixes allant de 4,400 % à 5,950 %.

EOG Resources, Inc. (NYSE: EOG) hat am 16. Juni 2025 eine Zeichnungsvereinbarung mit Goldman Sachs, BofA Securities, J.P. Morgan und Scotia Capital abgeschlossen, um insgesamt 3,5 Milliarden US-Dollar an unbesicherten Senior Notes mit vier verschiedenen Laufzeiten auszugeben.

  • 500 Millionen US-Dollar 4,400% Senior Notes mit Fälligkeit 2028
  • 1,25 Milliarden US-Dollar 5,000% Senior Notes mit Fälligkeit 2032
  • 1,25 Milliarden US-Dollar 5,350% Senior Notes mit Fälligkeit 2036
  • 500 Millionen US-Dollar 5,950% Senior Notes mit Fälligkeit 2055

Das Angebot (die „Notes Offering“) soll am 1. Juli 2025 abgeschlossen werden, vorbehaltlich üblicher Bedingungen. Die Notes werden unter dem bestehenden Indenture von EOG aus dem Jahr 2009 mit Computershare Trust Company, N.A. als Treuhänder ausgegeben und sind im Rahmen der automatischen Registrierungserklärung des Unternehmens (Formular S-3, Nr. 333-283988) registriert. Die Zeichnungsvereinbarung enthält standardmäßige Zusicherungen, Gewährleistungen, Entschädigungs- und Beitragsklauseln.

Die Zeichner und ihre verbundenen Unternehmen unterhalten bestehende oder potenzielle Geschäfts- und Investmentbankbeziehungen mit EOG, einschließlich Kreditvergabe, Handel und Research, für die sie übliche Vergütungen erhalten. Anlage 1.1 (Zeichnungsvereinbarung) und Anlage 104 (iXBRL-Cover) sind der Einreichung beigefügt.

Obwohl keine spezifische Verwendung der Erlöse angegeben wird, erhöht die Transaktion die Liquidität von EOG erheblich und verlängert das Fälligkeitsprofil der Schulden mit festen Kupons von 4,400 % bis 5,950 %.

EOG RESOURCES INC false 0000821189 0000821189 2025-06-16 2025-06-16
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 20, 2025 (June 16, 2025)

 

 

EOG RESOURCES, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-9743   47-0684736

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

1111 Bagby, Sky Lobby 2

Houston, Texas 77002

(Address of principal executive offices) (Zip Code)

713-651-7000

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

symbol(s)

 

Name of each exchange

on which registered

Common Stock, par value $0.01 per share   EOG   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


EOG RESOURCES, INC.

 

Item 1.01

Entry into a Material Definitive Agreement.

On June 16, 2025, EOG Resources, Inc. (EOG) entered into an underwriting agreement (Underwriting Agreement) with Goldman Sachs & Co. LLC, BofA Securities, Inc., J.P. Morgan Securities LLC and Scotia Capital (USA) Inc., as representatives of the several underwriters identified therein (collectively, the Underwriters), relating to the sale of $500,000,000 aggregate principal amount of EOG’s 4.400% Senior Notes due 2028 (2028 Notes), $1,250,000,000 aggregate principal amount of EOG’s 5.000% Senior Notes due 2032 (2032 Notes), $1,250,000,000 aggregate principal amount of EOG’s 5.350% Senior Notes due 2036 (2036 Notes) and $500,000,000 aggregate principal amount of EOG’s 5.950% Senior Notes due 2055 (collectively with the 2028 Notes, 2032 Notes and 2036 Notes, the Notes, and such offering of the Notes, the Notes Offering), subject to the terms and conditions therein. The Underwriting Agreement contains customary representations and warranties on EOG’s part. The Underwriting Agreement also contains customary indemnification and contribution provisions whereby EOG and the Underwriters have agreed to indemnify each other against certain liabilities.

The Notes Offering pursuant to the Underwriting Agreement is expected to close on July 1, 2025, subject to customary closing conditions. The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the Underwriting Agreement, which is filed as Exhibit 1.1 hereto and is incorporated herein by reference.

EOG offered the Notes pursuant to a preliminary prospectus supplement and a final prospectus supplement, each dated June 16, 2025, as filed with the United States Securities and Exchange Commission on June 16, 2025 and June 18, 2025, respectively (collectively, the Prospectus Supplement), which forms part of EOG’s shelf registration statement on Form S-3 (Registration No. 333-283988). The Notes will be issued under an indenture, dated as of May 18, 2009, by and between EOG, as issuer, and Computershare Trust Company, N.A. (as successor to Wells Fargo Bank, National Association), as trustee, to be supplemented by the applicable officers’ certificates at the closing of the Notes Offering.

Relationships

As more fully described under the caption “Underwriting - Other Relationships” in the Prospectus Supplement, some of the Underwriters and their affiliates have engaged in, and may in the future engage in, investment banking, commercial banking and other commercial dealings with EOG in the ordinary course of business for which they received, or will receive, customary fees and expense reimbursement. In addition, in the ordinary course of their business activities, the Underwriters and their affiliates may make or hold a broad array of investments and actively trade debt and equity securities (or related derivative securities) and financial instruments (including bank loans) for their own account and for the accounts of their customers. The Underwriters and their affiliates may also make investment recommendations and/or publish or express independent research views in respect of such securities or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and instruments. Such investments and trading in securities, investment recommendation activities or research views may involve securities and/or instruments of EOG or its affiliates. Certain of the Underwriters or their affiliates may have a lending relationship with EOG, and certain of those Underwriters or their affiliates may routinely hedge, and certain other of those Underwriters or their affiliates may hedge, their credit exposure to us, including potentially in the Notes, consistent with their customary risk management policies.

 

Item 9.01

Financial Statements and Exhibits.

 

  (d)

Exhibits

 

*1.1    Underwriting Agreement, dated June 16, 2025, by and among EOG, Goldman Sachs & Co. LLC, BofA Securities, Inc., J.P. Morgan Securities LLC and Scotia Capital (USA) Inc. and the other underwriters named therein.
104    Cover Page Interactive Data File (formatted as Inline XBRL).
 
*

Exhibit filed herewith

 

2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

     

EOG RESOURCES, INC.

(Registrant)

Date: June 20, 2025     By:  

/s/ Ann D. Janssen

      Ann D. Janssen
      Executive Vice President and Chief Financial Officer
      (Principal Financial Officer and Duly Authorized Officer)

 

3

FAQ

How much debt is EOG Resources (EOG) issuing?

EOG is issuing $3.5 billion in aggregate principal amount of senior unsecured notes.

What are the coupon rates and maturities of the new EOG notes?

Coupons are 4.400% (2028), 5.000% (2032), 5.350% (2036) and 5.950% (2055).

When is the notes offering expected to close?

The closing is scheduled for July 1, 2025, subject to customary conditions.

Which banks are underwriting EOG’s note issuance?

Goldman Sachs & Co., BofA Securities, J.P. Morgan Securities and Scotia Capital are joint book-running managers.

Under which registration statement are the notes being issued?

The notes are issued under EOG’s Form S-3 (No. 333-283988) shelf registration.

Will the notes be senior unsecured obligations?

Yes. All four tranches are senior unsecured notes ranking equally with EOG's existing senior debt.
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