HOUSTON, Feb. 27, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today reported fourth quarter and full-year 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

GAAP

4Q 2024

3Q 2024

2Q 2024

1Q 2024

4Q 2023

FY 2024

FY 2023

Total Revenue

5,585

5,965

6,025

6,123

6,357

23,698

24,186

Net Income

1,251

1,673

1,690

1,789

1,988

6,403

7,594

Net Income Per Share

2.23

2.95

2.95

3.10

3.42

11.25

13.00

Net Cash Provided by Operating Activities

2,763

3,588

2,889

2,903

3,104

12,143

11,340

Total Expenditures

1,446

1,573

1,682

1,952

1,634

6,653

6,818

Current and Long-Term Debt

4,752

3,776

3,784

3,791

3,799

4,752

3,799

Cash and Cash Equivalents

7,092

6,122

5,431

5,292

5,278

7,092

5,278

Debt-to-Total Capitalization

13.9 %

11.3 %

11.5 %

11.7 %

11.9 %

13.9 %

11.9 %

Cash Operating Costs ($/Boe)

10.15

10.15

10.11

10.37

10.52

10.19

10.33

Non - GAAP

Adjusted Net Income

1,535

1,644

1,807

1,626

1,783

6,612

6,825

Adjusted Net Income Per Share

2.74

2.89

3.16

2.82

3.07

11.62

11.69

CFO before Changes in Working Capital

2,635

2,988

3,042

2,928

2,989

11,593

11,149

Capital Expenditures

1,358

1,497

1,668

1,703

1,512

6,226

6,041

Free Cash Flow

1,277

1,491

1,374

1,225

1,477

5,367

5,108

Net Debt

(2,340)

(2,346)

(1,647)

(1,501)

(1,479)

(2,340)

(1,479)

Net Debt-to-Total Capitalization

(8.7 %)

(8.6 %)

(6.0 %)

(5.5 %)

(5.6 %)

(8.7 %)

(5.6 %)

Cash Operating Costs ($/Boe)1

10.15

10.05

10.11

10.37

10.52

10.17

10.33

HOUSTON, Feb. 11, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced that Donald F. Textor plans to retire from the Board of Directors at the end of his current term and not stand for re-election at EOG's 2025 annual stockholders meeting. Textor was first elected a Director of EOG in 2001, following his retirement as a General Partner and Managing Director for Goldman, Sachs & Co. where he devoted a distinguished 21-year career as a senior security analyst for domestic oil and gas exploration and production (E&P) companies. During his service on EOG's Board, Textor also leveraged his expertise in the energy industry as Portfolio Manager of the Dorset Energy Fund and a Partner of Knott Partners Management, LLC.

HOUSTON, Jan. 16, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2024 results on Friday, February 28, 2025, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year.    

If you have any questions, please contact Angie Lewis at 713-651-6722.

HOUSTON, Dec. 18, 2024 /PRNewswire/ -- EOG Resources, Inc. (EOG) is scheduled to present at the Goldman Sachs Energy, CleanTech and Utilities Conference at 2:40 p.m. Central time (3:40 p.m. Eastern time) on Tuesday, January 7.  Ann Janssen, Executive Vice President and Chief Financial Officer, will present on behalf of EOG.

Please visit the Investors/Events & Presentations page on the EOG website to access live webcasts and any available replays for up to one year. 

About EOGEOG 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 Trinidad. To learn more visit www.eogresources.com. 

HOUSTON, Nov. 7, 2024 /PRNewswire/ -- EOG Resources, Inc. (EOG) today reported third 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 ResultsIn millions of USD, except per-share, per-Boe and ratio data

GAAP

3Q 2024

2Q 2024

1Q 2024

4Q 2023

3Q 2023

Total Revenue

5,965

6,025

6,123

6,357

6,212

Net Income

1,673

1,690

1,789

1,988

2,030

Net Income Per Share

2.95

2.95

3.10

3.42

3.48

Net Cash Provided by Operating Activities

3,588

2,889

2,903

3,104

2,704

Total Expenditures

1,573

1,682

1,952

1,634

1,803

Current and Long-Term Debt

3,776

3,784

3,791

3,799

3,806

Cash and Cash Equivalents

6,122

5,431

5,292

5,278

5,326

Debt-to-Total Capitalization

11.3 %

11.5 %

11.7 %

11.9 %

12.1 %

Cash Operating Costs ($/Boe)

10.15

10.11

10.37

10.52

10.19

Non - GAAP

Adjusted Net Income

1,644

1,807

1,626

1,783

2,007

Adjusted Net Income Per Share

2.89

3.16

2.82

3.07

3.44

CFO before Changes in Working Capital

2,988

3,042

2,928

2,989

3,038

Capital Expenditures

1,497

1,668

1,703

1,512

1,519

Free Cash Flow

1,491

1,374

1,225

1,477

1,519

Net Debt

(2,346)

(1,647)

(1,501)

(1,479)

(1,520)

Net Debt-to-Total Capitalization

(8.6 %)

(6.0 %)

(5.5 %)

(5.6 %)

(5.8 %)

Cash Operating Costs ($/Boe)1

10.05

10.11

10.37

10.52

10.19

HOUSTON, Oct. 29, 2024 /PRNewswire/ -- EOG Resources, Inc. (EOG) is scheduled to present at the BofA Securities Global Energy Conference at 9:40 a.m. Central time (10:40 a.m. Eastern time) on Wednesday, November 13.  Jeffrey R. Leitzell, Executive Vice President and Chief Operating Officer, will present on behalf of EOG.

Please visit the Investors/Events & Presentations page on the EOG website to access live webcasts and any available replays for up to one year. 

About EOGEOG 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 Trinidad. To learn more visit www.eogresources.com. 

HOUSTON, Sept. 24, 2024 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss third quarter 2024 results on Friday, November 8, 2024, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year.    

If you have any questions, please contact Angie Lewis at 713-651-6722.

HOUSTON, Aug. 27, 2024 /PRNewswire/ -- EOG Resources, Inc. (NYSE: EOG) (EOG) is scheduled to present at the Barclays CEO Energy-Power Conference at 2:35 p.m. Central time (3:35 p.m. Eastern time) on Tuesday, September 3. Jeffrey R. Leitzell, Executive Vice President and Chief Operating Officer, will present on behalf of EOG.

Please visit the Investors/Events & Presentations page on the EOG website to access live webcasts and any available replays for up to one year. 

About EOGEOG 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 Trinidad. To learn more visit www.eogresources.com.