EOG Resources(EOG) - 2023 Q2 - Quarterly Report

Share Repurchase - EOG repurchased a total of 2,785,037 shares during the quarter ended June 30, 2023, at an average price of $108.46 per share[199]. - The average price paid for shares repurchased in June 2023 was $108.80, with a total of 928,159 shares repurchased[199]. - The total cost of shares repurchased under the November 2021 Authorization to date is approximately $610.26 million[201]. - EOG's share repurchase program allows for the repurchase of up to $5 billion of common stock, with no time limit[201]. - The company has a remaining authorization to repurchase approximately $4.39 billion of shares under the November 2021 Authorization[201]. - The company withheld or returned 17,639 shares during the quarter for tax withholding obligations at an average price of $116.53 per share[200]. Internal Controls - EOG's management evaluated the effectiveness of disclosure controls and concluded they were effective as of the evaluation date[193]. - There were no material changes in EOG's internal control over financial reporting during the quarterly period covered[194]. - EOG's management has not adopted or terminated any trading arrangements during the quarter ended June 30, 2023[203]. Environmental Proceedings - EOG has not disclosed any environmental proceedings for the quarter ended June 30, 2023, as none exceeded the $1 million threshold[198].