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 (EOG) maintains industry leadership through strategic focus on low-cost shale development and operational innovation. This news hub provides investors and energy professionals with centralized access to critical updates including quarterly earnings, drilling advancements, and strategic initiatives.
Track comprehensive coverage of EOG's Permian Basin operations, Eagle Ford developments, and financial performance metrics. Our curated news collection features official press releases, regulatory filings, and market analysis to support informed decision-making.
Key updates include exploration breakthroughs, production optimizations, and sustainability initiatives. Regular updates ensure awareness of capital allocation strategies and technological implementations driving EOG's cost-efficient operations.
Bookmark this page for real-time access to verified information about reserve management practices and operational milestones. Combine this resource with SEC filings and investor presentations for complete market analysis.
EOG Resources has announced it will host a conference call and webcast to discuss its first quarter 2025 results on Friday, May 2, 2025, at 9 a.m. Central time (10 a.m. Eastern time). The event will be accessible through the Investors/Events & Presentations page on the EOG website. For those unable to attend the live webcast, a replay will be available for one year. Interested parties with questions can contact Angie Lewis at 713-651-6722.
EOG Resources reported strong Q4 and full-year 2024 results, with Q4 adjusted net income of $1.5 billion ($2.74 per share) and $1.3 billion in free cash flow. The company generated $5.4 billion in free cash flow for full-year 2024, returning $5.3 billion to shareholders.
Q4 oil production reached 494,600 Bopd, while full-year production increased 3% to 491,400 Bopd. The company achieved a 6% reduction in average well costs across its multi-basin portfolio and replaced 201% of 2024 production at a finding and development cost of $7.03 per Boe (GAAP).
For 2025, EOG announced a $6.2 billion capital plan targeting 3% oil production growth and 6% total production growth. The company declared a quarterly dividend of $0.975 per share, representing a 7% increase, and repurchased $981 million of shares in Q4 2024.
EOG Resources announced that Donald F. Textor will retire from the Board of Directors at the end of his current term and will not seek re-election at the company's 2025 annual stockholders meeting. Textor, who joined EOG's board in 2001, brought extensive experience from his 21-year career at Goldman, Sachs & Co., where he served as General Partner and Managing Director, specializing in oil and gas exploration and production companies.
During his tenure at EOG, Textor also served as Portfolio Manager of the Dorset Energy Fund and Partner at Knott Partners Management. Chairman and CEO Ezra Y. Yacob acknowledged Textor's significant contributions over his 24-year service, during which EOG grew from a small E&P company to become one of the largest independent E&P companies and a technology leader in the oil and gas sector.
EOG Resources has announced it will host a conference call and webcast to discuss its fourth quarter and full year 2024 results on Friday, February 28, 2025, at 9 a.m. Central time (10 a.m. Eastern time). The event will be accessible through the Investors/Events & Presentations page on EOG's website, where a replay will remain available for one year after the live broadcast.
EOG Resources has announced its upcoming participation in the Goldman Sachs Energy, CleanTech and Utilities Conference. The presentation is scheduled for Tuesday, January 7, at 2:40 p.m. Central time (3:40 p.m. Eastern time). Ann Janssen, Executive Vice President and Chief Financial Officer, will represent the company. Investors and interested parties can access the live webcast and replay (available for up to one year) through the Investors/Events & Presentations section of EOG's website.
EOG Resources reported strong Q3 2024 results with improved production volumes and lower operating costs. The company generated $1.5 billion in free cash flow and earned adjusted net income of $1.6 billion ($2.89 per share). Total production reached 1,075,700 barrels of oil equivalent per day, exceeding guidance. The Board increased the regular dividend by 7% to $0.975 per share quarterly ($3.90 annual rate). EOG repurchased $758 million of shares in Q3 and received a $5 billion increase in share repurchase authorization. The company maintains strong financial position with $6.1 billion in cash and plans to refinance upcoming debt maturities while maintaining similar cash levels.
EOG Resources has announced its participation in the BofA Securities Global Energy Conference. Jeffrey R. Leitzell, Executive Vice President and Chief Operating Officer, will represent the company with a presentation scheduled for Wednesday, November 13, at 9:40 a.m. Central time (10:40 a.m. Eastern time).
Interested parties can access the live webcast and replay recordings, available for up to one year, through the Investors/Events & Presentations section of the EOG website.
EOG Resources (EOG) has announced a conference call and webcast to discuss its third quarter 2024 results. The event is scheduled for Friday, November 8, 2024, at 9 a.m. Central time (10 a.m. Eastern time). Interested parties can access the live webcast through the Investors/Events & Presentations page on the EOG website. For those unable to attend the live event, a replay will be available for one year. The company has provided a contact for any questions: Angie Lewis at 713-651-6722.
EOG Resources (NYSE: EOG) has announced its participation in the upcoming Barclays CEO Energy-Power Conference. The presentation is scheduled for Tuesday, September 3, at 2:35 p.m. Central time (3:35 p.m. Eastern time). Jeffrey R. Leitzell, Executive Vice President and Chief Operating Officer, will be representing EOG at the event.
Investors and interested parties can access the live webcast of the presentation through the Investors/Events & Presentations page on the EOG website. For those unable to attend the live event, replays will be available for up to one year after the presentation.
This conference provides an opportunity for EOG Resources to showcase its latest developments and strategies to industry professionals and potential investors. The company's participation highlights its commitment to transparency and engagement with the financial community.
Key Financial Results: EOG Resources reported Q2 2024 total revenue of $6.025 billion, up from $5.573 billion in Q2 2023. Net income was $1.69 billion, translating to a net income per share of $2.95. Adjusted net income stood at $1.8 billion, or $3.16 per share.
EOG generated free cash flow of $1.37 billion and declared a regular quarterly dividend of $0.91 per share. The company repurchased $690 million worth of shares.
Operational Highlights: Crude oil production reached 490.7 MBod, NGL production 244.8 MBbld, and natural gas production 1,872 MMcfd. These figures were above guidance midpoints and showed growth from Q1 2024. Per-unit costs for LOE, G&A, and DD&A decreased, while GP&T costs rose.
Guidance: EOG updated its full-year guidance to reflect higher volumes and lower per-unit cash operating costs. The company aims to return 70% of annual free cash flow to shareholders.
