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 reported strong fourth quarter and full-year 2022 results, with total revenue reaching $6.719 billion in Q4 and $25.702 billion for the year. Net income for Q4 was $2.277 billion, yielding $3.87 per share, and full-year net income was $7.759 billion or $13.22 per share. The company generated $7.6 billion in free cash flow, returning $5.1 billion to shareholders. EOG declared a regular dividend of $0.825 and a special dividend of $1.00 per share. Despite a decline in crude oil and natural gas prices, EOG's operational performance remained solid, achieving production above guidance and reducing net debt significantly.
EOG Resources has announced the appointment of Lynn A. Dugle to its Board of Directors effective March 1, 2023. Dugle brings extensive leadership experience from her tenure as CEO of Engility Holdings and senior roles at Raytheon, focusing on technology disciplines. The company also confirmed that James C. Day, a director since 2008, plans to retire at the end of his term and will not seek re-election at the 2023 annual stockholders meeting. EOG's Chairman, Ezra Y. Yacob, expressed gratitude for Day's contributions to the company during his 15 years of service.
EOG Resources, Inc. (EOG) announced a conference call and webcast for its fourth quarter and full year 2022 results, scheduled for February 24, 2023, at 9 a.m. Central time (10 a.m. Eastern time). The call will allow investors and analysts to discuss the results, with a live webcast available on the company's website. A replay will be accessible for up to one year.
EOG Resources has joined the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), a UNEP initiative aimed at enhancing methane emissions reporting in the oil and gas sector. Since 2017, EOG has reduced its methane emissions by 85%. The company is implementing iSenseSM, a continuous methane monitoring system, primarily in the Delaware Basin. This move underscores EOG's commitment to transparency and operational improvement in emissions management, aligning with goals to combat climate change.
EOG Resources is set to present at the Goldman Sachs Global Energy and Clean Technology Conference on January 6 at 11:40 a.m. Central time. The presentation will be conducted by Ezra Y. Yacob, the company's Chairman and CEO. Stakeholders can access live webcasts and replays of the presentation for up to one year via the Investors/Events & Presentations page.
EOG Resources, Inc. is set to present at the BofA Securities Global Energy Conference on November 17 at 7:45 a.m. Central time. The presentation will be led by Kenneth W. Boedeker, Executive Vice President of Exploration and Production. Investors can access live webcasts and replays on the EOG website for up to a year after the event. EOG is a major player in the crude oil and natural gas exploration sector in the United States and Trinidad, known for its significant proved reserves.
EOG Resources reported third-quarter 2022 results showing strong financial performance with total revenue at $7.593 billion, up from $4.765 billion a year ago. Net income reached $2.854 billion or $4.86 per share. The company declared a regular dividend of $0.825 per share and a special dividend of $1.50. Free cash flow was substantial at $2.3 billion, bolstered by an impressive production performance across its resource basins, particularly with the new Ohio Utica Combo play.
EOG Resources, Inc. announced the retirement of Bill Thomas from its board of directors, effective October 4, 2022. Ezra Y. Yacob, currently the CEO, has been appointed as the new Chairman of the Board. Thomas, who has had a 43-year career with EOG, served as Chairman and CEO from 2014 to 2021. Yacob's leadership has been praised for his strategic vision and operational expertise. This change aims to ensure continuity and further enhance governance at EOG Resources.
The Board of Directors of EOG Resources has declared a quarterly dividend of $0.75 per share on its Common Stock. This dividend is payable on October 31, 2022, to stockholders of record as of October 17, 2022. The indicated annual rate stands at $3.00.
EOG Resources operates as one of the largest crude oil and natural gas exploration and production companies in the United States, with significant proved reserves in both the U.S. and Trinidad.
