The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
HOUSTON, June 10, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) is scheduled to present at the J.P. Morgan Energy, Power, Renewables and Mining Conference at 10:30 a.m. Central time (11:30 a.m. Eastern time) on Tuesday, June 24. Jeffrey R. Leitzell, Executive Vice President and Chief Operating Officer, will present on behalf of EOG.
Please visit the Investors/Events & Presentations page on the EOG website to access live webcasts and any available replays for up to one year.
About EOGEOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States and Trinidad. To learn more visit www.eogresources.com.
HOUSTON, May 30, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy under which EOG will acquire Encino Acquisition Partners (EAP or Encino) for $5.6 billion, inclusive of EAP's net debt. EOG currently expects to fund the acquisition through $3.5 billion of debt and $2.1 billion of cash on hand.
"This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets," said Ezra Y. Yacob, Chairman and Chief Executive Officer of EOG. "Encino's acreage improves the quality and depth of our Utica position, expanding EOG's multi-basin portfolio to more than 12 billion barrels of oil equivalent net resource.
HOUSTON, May 16, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA).
The UCO3 concession area is 3,609 square kilometers, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi. EOG holds 100 percent equity and operatorship and, in coordination with Abu Dhabi National Oil Company (ADNOC), will explore and appraise unconventional oil in the concession area. Following a three year appraisal phase, EOG may enter into a production concession in which ADNOC has the option to participate. EOG currently expects to begin drilling in the second half of 2025 with no change to the company's 2025 capital plan.
HOUSTON, May 6, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) is scheduled to present at the Bernstein Strategic Decisions Conference at 12:30 p.m. Central time (1:30 p.m. Eastern time) on Wednesday, May 28. Ezra Y. Yacob, Chairman and Chief Executive Officer, will present on behalf of EOG.
Please visit the Investors/Events & Presentations page on the EOG website to access live webcasts and any available replays for up to one year.
About EOGEOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States and Trinidad. To learn more visit www.eogresources.com.
HOUSTON, May 1, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today reported first quarter 2025 results. The attached supplemental financial tables and schedules for the reconciliation of non-GAAP measures to GAAP measures and related definitions and discussion, along with a related presentation, are also available on EOG's website at http://investors.eogresources.com/investors.
Key Financial Results
In millions of USD, except per-share, per-Boe and ratio data
GAAP
1Q 2025
4Q 2024
3Q 2024
2Q 2024
1Q 2024
Total Revenue
5,669
5,585
5,965
6,025
6,123
Net Income
1,463
1,251
1,673
1,690
1,789
Net Income Per Share
2.65
2.23
2.95
2.95
3.10
Net Cash Provided by Operating Activities
2,289
2,763
3,588
2,889
2,903
Total Expenditures
1,546
1,446
1,573
1,682
1,952
Current and Long-Term Debt
4,744
4,752
3,776
3,784
3,791
Cash and Cash Equivalents
6,599
7,092
6,122
5,431
5,292
Debt-to-Total Capitalization
13.8 %
13.9 %
11.3 %
11.5 %
11.7 %
Cash Operating Costs ($/Boe)
10.31
10.15
10.15
10.11
10.37
Non-GAAP
Adjusted Net Income
1,586
1,535
1,644
1,807
1,626
Adjusted Net Income Per Share
2.87
2.74
2.89
3.16
2.82
CFO before Changes in Working Capital
2,813
2,635
2,988
3,042
2,928
Capital Expenditures
1,484
1,358
1,497
1,668
1,703
Free Cash Flow
1,329
1,277
1,491
1,374
1,225
Net Debt
(1,855)
(2,340)
(2,346)
(1,647)
(1,501)
Net Debt-to-Total Capitalization
(6.7 %)
(8.7 %)
(8.6 %)
(6.0 %)
(5.5 %)
Cash Operating Costs ($/Boe)1
10.31
10.15
10.05
10.11
10.37
HOUSTON, March 18, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss first quarter 2025 results on Friday, May 2, 2025, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year.
If you have any questions, please contact Angie Lewis at 713-651-6722.
HOUSTON, Feb. 27, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today reported fourth quarter and full-year 2024 results. The attached supplemental financial tables and schedules for the reconciliation of non-GAAP measures to GAAP measures and related definitions, along with a related presentation, are also available on EOG's website at http://investors.eogresources.com/investors.
Key Financial Results
In millions of USD, except per-share, per-Boe and ratio data
GAAP
4Q 2024
3Q 2024
2Q 2024
1Q 2024
4Q 2023
FY 2024
FY 2023
Total Revenue
5,585
5,965
6,025
6,123
6,357
23,698
24,186
Net Income
1,251
1,673
1,690
1,789
1,988
6,403
7,594
Net Income Per Share
2.23
2.95
2.95
3.10
3.42
11.25
13.00
Net Cash Provided by Operating Activities
2,763
3,588
2,889
2,903
3,104
12,143
11,340
Total Expenditures
1,446
1,573
1,682
1,952
1,634
6,653
6,818
Current and Long-Term Debt
4,752
3,776
3,784
3,791
3,799
4,752
3,799
Cash and Cash Equivalents
7,092
6,122
5,431
5,292
5,278
7,092
5,278
Debt-to-Total Capitalization
13.9 %
11.3 %
11.5 %
11.7 %
11.9 %
13.9 %
11.9 %
Cash Operating Costs ($/Boe)
10.15
10.15
10.11
10.37
10.52
10.19
10.33
Non - GAAP
Adjusted Net Income
1,535
1,644
1,807
1,626
1,783
6,612
6,825
Adjusted Net Income Per Share
2.74
2.89
3.16
2.82
3.07
11.62
11.69
CFO before Changes in Working Capital
2,635
2,988
3,042
2,928
2,989
11,593
11,149
Capital Expenditures
1,358
1,497
1,668
1,703
1,512
6,226
6,041
Free Cash Flow
1,277
1,491
1,374
1,225
1,477
5,367
5,108
Net Debt
(2,340)
(2,346)
(1,647)
(1,501)
(1,479)
(2,340)
(1,479)
Net Debt-to-Total Capitalization
(8.7 %)
(8.6 %)
(6.0 %)
(5.5 %)
(5.6 %)
(8.7 %)
(5.6 %)
Cash Operating Costs ($/Boe)1
10.15
10.05
10.11
10.37
10.52
10.17
10.33
HOUSTON, Feb. 11, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced that Donald F. Textor plans to retire from the Board of Directors at the end of his current term and not stand for re-election at EOG's 2025 annual stockholders meeting. Textor was first elected a Director of EOG in 2001, following his retirement as a General Partner and Managing Director for Goldman, Sachs & Co. where he devoted a distinguished 21-year career as a senior security analyst for domestic oil and gas exploration and production (E&P) companies. During his service on EOG's Board, Textor also leveraged his expertise in the energy industry as Portfolio Manager of the Dorset Energy Fund and a Partner of Knott Partners Management, LLC.
HOUSTON, Jan. 16, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2024 results on Friday, February 28, 2025, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year.
If you have any questions, please contact Angie Lewis at 713-651-6722.
HOUSTON, Dec. 18, 2024 /PRNewswire/ -- EOG Resources, Inc. (EOG) is scheduled to present at the Goldman Sachs Energy, CleanTech and Utilities Conference at 2:40 p.m. Central time (3:40 p.m. Eastern time) on Tuesday, January 7. Ann Janssen, Executive Vice President and Chief Financial Officer, will present on behalf of EOG.
Please visit the Investors/Events & Presentations page on the EOG website to access live webcasts and any available replays for up to one year.
About EOGEOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States and Trinidad. To learn more visit www.eogresources.com.