EOG Resources Files 8-K for Regulation FD Disclosure
Ticker: EOG · Form: 8-K · Filed: Jul 9, 2024 · CIK: 821189
| Field | Detail |
|---|---|
| Company | Eog Resources Inc (EOG) |
| Form Type | 8-K |
| Filed Date | Jul 9, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.01, $79 million, $80.55, $1.89 |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulation-fd, disclosure
Related Tickers: EOG
TL;DR
EOG Resources filed an 8-K for a Reg FD disclosure on July 9, 2024.
AI Summary
On July 9, 2024, EOG Resources, Inc. filed an 8-K report. The filing primarily concerns a Regulation FD Disclosure, indicating that the company is providing information to the public in accordance with the Fair Disclosure rules. No specific financial transactions or material events beyond this disclosure are detailed in the provided excerpt.
Why It Matters
This filing ensures EOG Resources is complying with regulations that prevent selective disclosure of material information, maintaining a level playing field for all investors.
Risk Assessment
Risk Level: low — The filing is a standard regulatory disclosure and does not contain information about new risks or significant operational changes.
Key Players & Entities
- EOG RESOURCES INC (company) — Registrant
- 1111 Bagby, Sky Lobby 2 (location) — Principal executive offices address
- Houston, Texas (location) — Principal executive offices city and state
- 77002 (location) — Principal executive offices zip code
- 7136517000 (phone_number) — Registrant's telephone number
- July 9, 2024 (date) — Date of report and earliest event
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to provide a Regulation FD Disclosure.
What is the exact name of the registrant?
The exact name of the registrant is EOG RESOURCES, INC.
In which state was EOG Resources, Inc. incorporated?
EOG Resources, Inc. was incorporated in Delaware.
What is the principal executive office address of EOG Resources, Inc.?
The principal executive office address is 1111 Bagby, Sky Lobby 2, Houston, Texas 77002.
What is the telephone number for EOG Resources, Inc.?
The telephone number for EOG Resources, Inc. is 713-651-7000.
Filing Stats: 2,096 words · 8 min read · ~7 pages · Grade level 20 · Accepted 2024-07-09 16:36:28
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share EOG New York Stock Exchange
- $79 million — arter of 2024, EOG received net cash of $79 million from settlements of Financial Commodity
- $80.55 — t Texas Intermediate crude oil averaged $80.55 per barrel, and NYMEX natural gas at He
- $1.89 — NYMEX natural gas at Henry Hub averaged $1.89 per million British thermal units. EOG'
Filing Documents
- eog-20240709.htm (8-K) — 48KB
- 0000821189-24-000026.txt ( ) — 178KB
- eog-20240709.xsd (EX-101.SCH) — 2KB
- eog-20240709_lab.xml (EX-101.LAB) — 22KB
- eog-20240709_pre.xml (EX-101.PRE) — 13KB
- eog-20240709_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. I. Price Risk Management and Other 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 (collectively, Financial Commodity Derivative Contracts). EOG accounts for its Financial Commodity Derivative Contracts using the mark-to-market accounting method. In addition, EOG accounts for its 10-year natural gas sales agreement that is linked to Brent crude oil prices (Brent-linked Sales Agreement) using the mark-to-market accounting method. For the second quarter of 2024, EOG received net cash of $79 million from settlements of Financial Commodity Derivative Contracts. There was no cash received related to the Brent-linked Sales Agreement as deliveries are expected to commence in January 2027. For the quarter ended June 30, 2024, U.S. New York Mercantile Exchange (NYMEX) West Texas Intermediate crude oil averaged $80.55 per barrel, and NYMEX natural gas at Henry Hub averaged $1.89 per million British thermal units. EOG's actual realizations for crude oil and natural gas for the quarter ended June 30, 2024, differ from these NYMEX prices due to delivery location (basis), quality and appropriate revenue adjustments. EOG's actual realizations for natural gas liquids (NGLs) are influenced by the components extracted, including ethane, propane, butane and natural gasoline, among others, and the respective market pricing for each component. II. Forward-Looking Statements Information Regarding Forward-Looking Statements This Current Report on Form 8-K may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, including, among others, statements and projections regarding EOG's future financial position, operations, pe
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: July 9, 2024 By: /s/ ANN D. JANSSEN Ann D. Janssen Executive Vice President and Chief Financial Officer (Principal Financial Officer and Duly Authorized Officer) 5