EOG Resources reports first quarter 2023 results
May 5, 2023
EOG Resources Reports First Quarter 2023 Results PR Newswire HOUSTON , …
EOG Resources Reports Fourth Quarter and Full-Year 2022 Results; Announces 2023 Capital Plan
February 24, 2023
EOG Resources Reports Fourth Quarter and Full-Year 2022 Results; Announces 2023 Capital Plan …
EOG Resources adds to glum U.S. oil outlook on cost, supply chain snags
September 8, 2022
Nasdaq Shale oil producer EOG Resources EOG.N on Thursday said U.S. production gains next year will slow amid persistent supply chain constraints and inflationary pressures, echoing a rival’s sentiment. EOG forecasts overall U.S. oil output to increase by between 700,000 and 800,000 barrels per day this year. But in remarks at the Barclays CEO Energy and Power conference on Thursday, EOG’s top executive predicted that
U.S. shale producer EOG sticks to 4% annual output growth
August 5, 2022
US News U.S. shale oil producer EOG Resources on Friday said it expects to deliver roughly 4% oil and gas volume growth this year, and hold a similar trajectory in 2023, as inflation and supply chain problems continue to snarl the oil industry. Inflation has meaningfully exceeded expectations, the company said, noting that it has been able to
Shale firm EOG to launch carbon capture project by late 2022
November 5, 2021
Reuters U.S. shale oil firm EOG Resources on Friday said it aims to begin by late 2022 a carbon dioxide injection program to reduce greenhouse gases from its oil and gas production. The Houston, Texas-based energy producer emphasized it had no intention of changing its business focus, limiting the project to its own output, reducing so-called Scope 1 and Scope
EOG Resources beats profit estimate as crude prices rebound
May 7, 2021
Reuters US oil and gas producer EOG Resources Inc (EOG.N) surpassed analysts’ first-quarter profit forecast and announced a special dividend of $ 1 per share on Thursday due to the launch of COVID-19 vaccines and increased travel demand driving crude oil prices. U.S. crude oil prices rose 23% in the first quarter after the 2020 pandemic affected fuel demand, sparking
EOG Resources profits fall by nearly 50 percent
November 7, 2019
Source: Houston Chronicle EOG Resources reported $615 million in quarterly profits on Wednesday that fell by nearly 50 percent from $1.2 billion a year ago in large part from lower oil and gas prices. EOG’s revenues dipped by 10 percent down to $4.3 billion. But the Houston oil and gas producer touted rising production volumes that jumped 12 percent from
EOG Reports Nearly 3,000% Increase in Net Income
August 3, 2018
“The EOG Machine is Firing on All Cylinders”: Chairman and CEO Bill Thomas EOG Resources, Inc. (NYSE: EOG) reported second quarter 2018 results and beats its oil, natural gas, and NGL production targets. Highlights Net income of $696.7 million, or $1.20 per share a 2,916% increase YOY Total crude oil production of 384,600 BOPD, up 15% YOY (Company Record) Total
EOG Resources to Present at The Oil and Gas Conference
July 18, 2018
EOG Resources, Inc. (NYSE: EOG) Company Overview EOG Resources, Inc. with nearly 2,700 employees is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States with proved reserves in the United States, Trinidad, the United Kingdom and China. The company focuses on integrating technology such as 3D seismic, core analysis, and microseismic to develop
EOG Resources Earns $23 Million in Q2
August 2, 2017
EOG Resources (ticker: EOG) had a Q2 net income of $23.1 million. A year ago, during the same quarter of 2016, the company reported a net loss of $292.6 million. EOG’s oil production grew to 334,700 BOPD during Q2, a 25% improvement from the previous quarter. In its Delaware basin assets, EOG completed 25 wells in the Wolfcamp, 19 wells
Texas’ Top Performers by Basin
October 20, 2016
Most wells testing in the top 20: EOG leads the Eagle Ford, Pioneer leads the Midland, Cimarex leads the Delaware KLR Group released a research note Thursday covering well data provided by the Texas Railroad Commission for the third quarter of the year, noting that activity is down overall, but that test rates are increasing per well. July 2016 production
Yates Petroleum Acquired by EOG for $2.5 Billion
September 6, 2016
Acquisition of Yates increases number of EOG drilling locations with 30%+ IRRs by 40% EOG Resources (ticker: EOG) announced today that it will acquire Yates Petroleum Corporation, a privately-owned E&P headquartered in Artesia, New Mexico, for total consideration of approximately $2.5 billion. Under the terms of the deal, EOG will issue 26.06 million shares of common stock valued at $2.3
