Recent Updates — EOG
EOG Resources, Inc. reported that it received $45 million in net cash from settlements of Financial Commodity Derivative Contracts during the second quarter of 2026. The company's actual realizations for crude oil and natural gas for the quarter ended June 30, 2026, differed from NYMEX West Texas Intermediate crude oil and Henry Hub natural gas prices due to delivery location, quality, and revenue adjustments. EOG Resources, Inc. is an energy company that explores, explores, and produces oil and natural gas.
EOG Resources increased its share repurchase authorization from $10 billion to $20 billion, adding $10 billion to the existing program. The company also announced the results of its 2026 annual meeting, in which stockholders elected nine directors and approved executive compensation.
EOG Resources, Inc. announced its first quarter 2026 financial and operational results via a press release on May 5, 2026. The company also provided its second quarter and full-year 2026 forecasts along with benchmark commodity pricing information.
EOG Resources has increased its first quarter 2026 current tax expense guidance to a range of $500 million to $600 million, up from the previously forecasted $230 million to $330 million. This upward revision is driven by higher realized crude oil prices resulting from conflict in the Middle East.
EOG Resources, Inc. announced its fourth quarter 2025 financial and operational results via a press release on February 24, 2026. The company also provided its financial and operational forecasts for the first quarter and full year of 2026, along with benchmark commodity pricing information.
EOG Resources reported paying $21 million in net cash for settlements of financial commodity derivative contracts during the fourth quarter of 2025. For the quarter ended December 31, 2025, NYMEX West Texas Intermediate crude oil averaged $59.17 per barrel and NYMEX natural gas at Henry Hub averaged $3.55 per MMBtu.