EOG Resources Files 8-K for Regulation FD Disclosure

TL;DR

**EOG just dropped an 8-K for Regulation FD, check for their latest announcement!**

AI Summary

EOG Resources, Inc. filed an 8-K on January 11, 2024, under Regulation FD Disclosure, indicating they have released information that may be material to investors. This filing, while not disclosing specific financial figures or events, signals that EOG Resources has made a public announcement to ensure fair and broad dissemination of information. For investors, this means EOG Resources is actively communicating, and they should look for a related press release or announcement from the company to understand the specific details of what was disclosed.

Why It Matters

This filing indicates EOG Resources has released potentially important information to the public, ensuring all investors have equal access to it. Investors should seek out the specific disclosure to understand its impact on the company's operations or financials.

Risk Assessment

Risk Level: low — This 8-K is a procedural filing for Regulation FD disclosure, not an announcement of a negative event, so the direct risk is low.

Analyst Insight

A smart investor would immediately look for a corresponding press release or public announcement from EOG Resources, Inc. dated January 11, 2024, to understand the specific information that triggered this Regulation FD disclosure and assess its potential impact.

Key Players & Entities

• EOG RESOURCES, INC. (company) — the registrant filing the 8-K
• January 11, 2024 (date) — the date of the earliest event reported and filing date
• Regulation FD Disclosure (other) — the item information disclosed in the 8-K
• Delaware (other) — state of incorporation for EOG Resources, Inc.
• 1-9743 (other) — Commission File Number for EOG Resources, Inc.
• 47-0684736 (other) — I.R.S. Employer Identification No. for EOG Resources, Inc.
• 1111 Bagby, Sky Lobby 2, Houston, Texas 77002 (other) — principal executive offices address for EOG Resources, Inc.
• 713-651-7000 (other) — registrant's telephone number
• Common Stock, par value $0.01 per share (other) — class of securities registered
• EOG (other) — trading symbol for EOG Resources, Inc.

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share EOG New York Stock Exchange
• $298 million — of 2023, EOG anticipates a net gain of $298 million on the mark-to-market of its financial
• $18 million — cial commodity derivative contracts was $18 million. Consistent with EOG's customary prac
• $78.33 — 31, 2023, NYMEX WTI crude oil averaged $78.33 per Bbl, and NYMEX natural gas at Henry
• $2.87 — NYMEX natural gas at Henry Hub averaged $2.87 per MMBtu. EOG's actual realizations fo

Filing Documents

• eog-20240111.htm (8-K) — 89KB
• 0000821189-24-000002.txt ( ) — 224KB
• eog-20240111.xsd (EX-101.SCH) — 2KB
• eog-20240111_lab.xml (EX-101.LAB) — 25KB
• eog-20240111_pre.xml (EX-101.PRE) — 13KB
• eog-20240111_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. I. Price Risk Management With the objective of enhancing the certainty of future revenues and cash flows, from time to time EOG enters into financial price swap, option, swaption, collar and basis swap contracts. EOG accounts for financial commodity derivative contracts using the mark-to-market accounting method. For the fourth quarter of 2023, EOG anticipates a net gain of $298 million on the mark-to-market of its financial commodity derivative contracts. During the fourth quarter of 2023, the net cash received from settlements of financial commodity derivative contracts was $18 million. Consistent with EOG's customary practice, in calculating Adjusted Net Income (Loss) (Non-GAAP) for the fourth quarter of 2023, EOG expects to (among other expected adjustments) subtract from reported Net Income (Loss) the anticipated net gain of $298 million on the mark-to-market of its financial commodity derivative contracts and add to reported Net Income (Loss) the $18 million of net cash received from settlements of financial commodity derivative contracts, as presented in the summary below (in millions). Three Months Ended December 31, 2023 Before Tax Reported Net Income (Loss) (GAAP) $ ** Adjustments: Net Gain on Mark-to-Market Financial Commodity Derivative Contracts (298) Net Cash Received from Settlements of Financial Commodity Derivative Contracts 18 Other Adjustments ** Adjusted Net Income (Loss) (Non-GAAP) $ ** _________________ ** To be reported as part of EOG's press release scheduled to be furnished on Form 8-K on February 22, 2024. For the quarter ended December 31, 2023, NYMEX WTI crude oil averaged $78.33 per Bbl, and NYMEX natural gas at Henry Hub averaged $2.87 per MMBtu. EOG's actual realizations for crude oil and natural gas for the quarter ended December 31, 2023, differ from these NYMEX prices due to delivery location (basis), quality and appropriate revenue adjustments. EOG's actual realizations for

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EOG RESOURCES, INC. (Registrant) Date: January 11, 2024 By: /s/ ANN D. JANSSEN Ann D. Janssen Executive Vice President and Chief Financial Officer (Principal Financial Officer and Duly Authorized Officer) 7

View Full Filing

View this 8-K filing on SEC EDGAR