Last $101.11 USD
Change Today +1.15 / 1.15%
Volume 4.7M
EOG On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 04/15/14 All times are local (Market data is delayed by at least 15 minutes).

eog resources inc (EOG) Snapshot

Open
$99.63
Previous Close
$99.96
Day High
$101.68
Day Low
$99.52
52 Week High
04/4/14 - $103.30
52 Week Low
04/18/13 - $56.03
Market Cap
55.2B
Average Volume 10 Days
4.0M
EPS TTM
$4.25
Shares Outstanding
546.3M
EX-Date
04/14/14
P/E TM
23.8x
Dividend
$0.50
Dividend Yield
0.40%
Current Stock Chart for EOG RESOURCES INC (EOG)

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eog resources inc (EOG) Details

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. As of December 31, 2013, it had total estimated net proved reserves of 2,119 million barrels of oil equivalent of which 901 million barrels (MMBbl) were crude oil and condensate reserves, and 377 MMBbl were natural gas liquids reserves; and 5,045 billion cubic feet were natural gas reserves. The company operates primarily in the United States, Canada, the Republic of Trinidad and Tobago, the United Kingdom, the People's Republic of China, and the Argentine Republic. EOG Resources, Inc. was founded in 1985 and is headquartered in Houston, Texas.

2,800 Employees
Last Reported Date: 02/24/14
Founded in 1985

eog resources inc (EOG) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $775.0K
Chief Financial Officer and Vice President
Total Annual Compensation: $432.7K
Chief Operating Officer
Total Annual Compensation: $740.4K
Executive Vice President of Exploration & Pro...
Total Annual Compensation: $419.2K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $419.2K
Compensation as of Fiscal Year 2013.

eog resources inc (EOG) Key Developments

EOG Resources, Inc. Closes the Sale of $500 Million Aggregate Principal Amount of 2.45% Senior Notes Due 2020

On March 21, 2014, EOG Resources, Inc. closed its sale of $500 million aggregate principal amount of its 2.45% Senior Notes due 2020. The Notes were issued under an indenture, dated as of May 18, 2009 (Indenture), by and between EOG, as issuer, and Wells Fargo Bank, NA, as trustee, and an officers’ certificate, dated March 21, 2014, pursuant to the specific terms of the Notes. The offer and sale of the Notes has been registered under the Securities Act of 1933, as amended, pursuant to a Registration Statement on Form S-3 (Registration No. 333-185655).

EOG Resources, Inc. Reports Unaudited Earnings and Operating Results for the Fourth Quarter and Year Ended Dec. 31, 2013; Provides Production and Capital Expenditure Guidance for the Year of 2014

EOG Resources, Inc. reported unaudited earnings and operating results for the fourth quarter and year ended Dec. 31, 2013. For the quarter, the company reported net operating revenues of $3,749,023,000 compared to $3,011,811,000 a year ago. Operating income was $980,324,000 compared to operating loss of $378,061,000 a year ago. Income before interest expense and income taxes was $971,592,000 compared to loss before interest expense and income taxes of $386,468,000 a year ago. Income before income taxes was $919,082,000 compared to loss before income taxes of $445,822,000 a year ago. Net income was $580,194,000 or $2.12 per diluted share compared to net loss of $504,999,000 or $1.88 per diluted share a year ago. Adjusted net income was $548,061,000 or $2.00 per diluted share compared to $437,029,000 or $1.61 per diluted share a year ago. Discretionary cash flow was $1,853,652,000 compared to $1,437,191,000 a year ago. EBITDAX was $2,042,131,000 compared to $1,470,997,000 a year ago. Adjusted EBITDAX was $1,990,669,000 compared to $1,615,588,000 a year ago. For the year, the company reported net operating revenues of $14,487,118,000 compared to $11,682,636,000 a year ago. Operating income was $3,675,211,000 compared to $1,479,797,000 a year ago. Income before interest expense and income taxes was $3,672,346,000 compared to $1,494,292,000 a year ago. Income before income taxes was $3,436,886,000 compared to $1,280,740,000 a year ago. Net income was $2,197,109,000 or $8.04 per diluted share compared to $570,279,000 or $2.11 per diluted share a year ago. Net cash provided by operating activities was $7,329,414,000 compared to $5,236,777,000 a year ago. Additions to oil and gas properties were $6,697,091,000 compared to $6,735,316,000 a year ago. Additions to other property, plant and equipment were $363,536,000 compared to $619,800,000 a year ago. Adjusted net income was $2,246,058,000 or $8.22 per diluted share compared to $1,535,602,000 or $5.67 per diluted share a year ago. Discretionary cash flow was $7,417,454,000 compared to $5,745,743,000 a year ago. EBITDAX was $7,796,264,000 compared to $6,135,269,000 a year ago. Adjusted EBITDAX was $7,881,409,000 compared to $6,260,344,000 a year ago. Net debt was $4,595,000 compared to $5,436,000 a year ago. ROCE was 12.1%. In the fourth quarter 2013, the company increased its U.S. crude oil and condensate production by 53%, while total company crude oil and condensate production rose by 50% over the same prior year period. Total company liquids production -- crude oil, condensate and natural gas liquids (NGLs) -- climbed 41%. For the full year, total company crude oil and condensate production increased 40% year-over-year, driven by 42% growth in the U.S. Total company liquids production increased 34%, while total natural gas production decreased 11%. Overall total company production increased 9% compared to the prior year. The company is targeting 27% total company crude oil production growth in 2014, driven by 29% growth in the U.S. Capital expenditures for 2014 are expected to range from $8.1 to $8.3 billion, including production facilities and midstream expenditures, but excluding acquisitions. Given the strength of balance sheet and the depth of high-margin domestic crude oil drilling inventory, the company increased CapEx levels over 2013 to accelerate drilling of high rate-of-return oil inventory. This year 2014, the company plans to allocate a larger percentage of EOG's 2014 drilling CapEx budget to the Eagle Ford and drill 520 net wells, up from 466 net wells in 2013. EOG's total drilling CapEx budget in the Permian will be essentially flat in 2014 from 2013. For the first quarter and full year, the effective tax rate is estimated to be 35% to 40%.

EOG Resources, Inc. Declares Quarterly Dividend Payable on April 30, 2014

EOG Resources, Inc. increased cash dividend on the common stock by 33%. Effective with the dividend payable on April 30, 2014 to holders of record as of April 16, 2014, the board declared a post-split quarterly dividend of $0.125 per share on the common stock. The post-split indicated annual rate of $0.50 per share represents the 15(th) increase in 15 years.

 

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Industry Analysis

EOG

Industry Average

Valuation EOG Industry Range
Price/Earnings 24.9x
Price/Sales 3.7x
Price/Book 3.5x
Price/Cash Flow 9.0x
TEV/Sales 3.3x
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