Recent Updates — EOG

EOG Resources announced that Executive Vice President and Chief Financial Officer Ann D. Janssen will retire, with her final day of service as CFO on December 31, 2026; she will remain employed as an advisor during the transition. The Board appointed Jeffrey W. Hibbard, currently Senior Vice President of Finance, to succeed Janssen as Executive Vice President and Chief Financial Officer effective January 1, 2027. Additionally, the Compensation Committee approved amendments to long-term incentive awards, changing future restricted stock unit vesting from a three-year cliff schedule to ratable annual vesting over three years, and modifying performance unit agreements by replacing the Negative TSR Cap with a provision that halves excess performance multiples when total shareholder return is negative but absolute ROCE exceeds target. EOG Resources operates in the oil and gas exploration and production industry.

EOG Resources reported second quarter 2026 net income of $2.7 billion, or $5.18 per diluted share, driven by a composite crude oil price of $98.15 per barrel and production of 1,410 thousand barrels of oil equivalent per day. The company declared a quarterly cash dividend of $1.02 per common share. EOG also provided third quarter and full year 2026 forecasts along with benchmark commodity pricing information. This filing discloses financial results for an independent energy company focused on the exploration, development, and production of crude oil, natural gas liquids, and natural gas.

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.