EOG Resources, Inc.

NYSE:EOG   3:59:59 PM EDT
133.73
+0.66 (+0.50%)
Production Guidance

EOG Resources Expects U.S. Exit To Exit Oil Production Will Likely Be On Lower End Of Most Forecasts

Published: 05/06/2022 15:35 GMT
EOG Resources, Inc. (EOG) - Says It Has Seen Increased Steel and Fuel Prices Directly Associated With the War in Ukraine - Conf Call.
Has Committed a Minimum of 60% of Free Cash Flow for Shareholder Returns in 2022.
Expects to Spend 40% of FCF on Small Bolt-on Acquisitions, Opportunitistic Share Repurchases, and Bond Retirement.
Says Sourcing Sand From Closer to Wellheads to Reduce Transport Costs, Combat Price Inflation of Permian Sands.
Says About 50% of Its Well Costs for 2022 Are Secured With Contracts.
Expects U.S. Exit to Exit Oil Production is Going to Be on the Lower End of Most Forecasts.
Further Company Coverage: .
((reuters.
Briefs@thomsonreuters.
Com;)).