HOUSTON, Aug. 1, 2024 /PRNewswire/ -- EOG Resources, Inc. (EOG) today reported second quarter 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 | --- | --- | --- | --- | --- | --- | --- | --- | |-------- ...

EOG Resources, Inc. (EOG) is set to report second-quarter 2024 results on Aug 1, after market close. In the last reported quarter, its adjusted earnings of $2.82 per share beat the Zacks Consensus Estimate of $2.70, primarily driven by higher total production volumes. Earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed the same in one, delivering an average surprise of 7.01%. This is depicted in the graph below: Estimate Trend The Zacks Consensus Estimate for se ...

Goldman Sachs projects that Permian oil production will grow from an exceptional 520,000 barrels per day (bpd) in 2023 to a strong 270,000 bpd by 2026. While geological constraints might curtail growth slightly, the region's output will remain substantial, contributing significantly to the stability of global oil prices. The EIA added that U.S. crude oil production, led by the Permian, is expected to rise to an average of 13.2 million bpd in 2024 and 13.7 million bpd in 2025. This means nearly half of the n ...

| 2 EOG Resources, Inc. (NYSE:EOG) ticks most of the boxes-roek, loejstics, I.OE, and technology when it comes on to of liquids-wejelded shale produces. Ifr been on our buy lis an opportunity. Much of EOG's acreage in the Delaware is in the choicest parts of the Northern part of the basin that yield lower GORs. A report put out recently by RBN Energy confirms this, with a graph showing rig counts in New Mexico actually increasing incrementally, while other parts of the Permian Basin took a hit. EOG Delaware ...

These energy stocks have grown their dividends briskly over the years. One of the company's top priorities for its free cash flow is to pay a sustainable and growing regular dividend, and it has delivered dividend stability and growth for 26 years. While the company hasn't increased its payout every year, it has boosted the payment by an eye-popping 2,900% since it started paying them in 1998, including by 10% over the past year. The company's high-octane payout has helped fuel an average annual total retur ...

If you have any questions, please contact Angie Lewis at 713-651-6722. | --- | --- | |-------------------------------------------|-------| | | | | Investor Contacts | | | Pearce Hammond 713-571-4684 | | | Neel Panchal 713-571-4884 | | | Shelby O'Connor 713-571-4560 | | | Media Contact Kimberly Ehmer 713-571-4676 | | About EOG EOG 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 ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Styl ...

EOG Resources, Inc. (NYSE:EOG) J.P. Morgan Energy, Power and Renewables Conference June 17, 2024 1:45 PM ET Company Participants Jeffrey R. Leitzell - EVP and COO Conference Call Participants Arun Jayaram - J.P. Morgan Arun Jayaram All right. Good afternoon, and welcome to day one of our Ninth Annual Energy Conference. Excited to have EOG Resources to kick-off our E&P presentations from day one. Joining us today is EOG's Resources EVP and COO, Jeff Leitzell, who's been one of the pioneers in the shale indus ...

EOG Resources, Inc. (NYSE:EOG) J.P. Morgan Energy, Power and Renewables Conference June 17, 2024 1:45 PM ET Company Participants Jeffrey R. Leitzell - EVP and COO Conference Call Participants Arun Jayaram - J.P. Morgan Arun Jayaram All right. Good afternoon, and welcome to day one of our Ninth Annual Energy Conference. Excited to have EOG Resources to kick-off our E&P presentations from day one. Joining us today is EOG's Resources EVP and COO, Jeff Leitzell, who's been one of the pioneers in the shale indus ...

Through a wide range of acquisitions, divestitures, and asset swaps, EOG Resources has become one of the most diversified oil producers in North America. With a market cap of $69 billion, the company is the third-largest oil and gas exploration and production company in North America. Please note that this excludes Exxon Mobil (XOM) and Chevron (CVX), as these companies are major integrated oil companies due to substantial refining operations. As I have discussed in prior articles, the company has one of th ...