EOG Resources Files Definitive Proxy Statement
Ticker: EOG · Form: DEF 14A · Filed: Mar 28, 2024 · CIK: 821189
| Field | Detail |
|---|---|
| Company | Eog Resources Inc (EOG) |
| Form Type | DEF 14A |
| Filed Date | Mar 28, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $122.79 |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, DEF 14A, EOG Resources, Executive Compensation, Corporate Governance
TL;DR
<b>EOG Resources Inc. has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023.</b>
AI Summary
EOG RESOURCES INC (EOG) filed a Proxy Statement (DEF 14A) with the SEC on March 28, 2024. EOG Resources Inc. filed a Definitive Proxy Statement (DEF 14A) on March 28, 2024. The filing covers the fiscal year ending December 31, 2023. It includes data for fiscal years 2023, 2022, 2021, and 2020. The company's principal executive offices are located at 1111 Bagby, Sky Lobby 2, Houston, TX 77002. EOG Resources Inc. was formerly known as Enron Oil & Gas Co. until July 3, 1992.
Why It Matters
For investors and stakeholders tracking EOG RESOURCES INC, this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation, board nominations, and other corporate governance matters before the annual meeting. It provides detailed financial and operational data for the past few fiscal years, allowing investors to assess the company's performance and strategic direction.
Risk Assessment
Risk Level: low — EOG RESOURCES INC shows low risk based on this filing. The filing is a routine proxy statement, providing standard disclosures without immediate significant financial or operational news.
Analyst Insight
Review the executive compensation details and any proposals to be voted on at the upcoming shareholder meeting.
Key Numbers
- 2023-12-31 — Fiscal Year End (CONFORMED PERIOD OF REPORT)
- 2024-03-28 — Filing Date (FILED AS OF DATE)
- 19920703 — Name Change Date (FORMER COMPANY)
- 1311 — SIC Code (STANDARD INDUSTRIAL CLASSIFICATION)
Key Players & Entities
- EOG RESOURCES INC (company) — FILER
- DEF 14A (document) — FORM TYPE
- 2024-03-28 (date) — FILED AS OF DATE
- 1111 BAGBY, SKY LOBBY 2 (address) — BUSINESS ADDRESS
- HOUSTON (location) — BUSINESS ADDRESS CITY
- TX (location) — BUSINESS ADDRESS STATE
- 77002 (postal_code) — BUSINESS ADDRESS ZIP
- ENRON OIL & GAS CO (company) — FORMER COMPANY
FAQ
When did EOG RESOURCES INC file this DEF 14A?
EOG RESOURCES INC filed this Proxy Statement (DEF 14A) with the SEC on March 28, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by EOG RESOURCES INC (EOG).
Where can I read the original DEF 14A filing from EOG RESOURCES INC?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by EOG RESOURCES INC.
What are the key takeaways from EOG RESOURCES INC's DEF 14A?
EOG RESOURCES INC filed this DEF 14A on March 28, 2024. Key takeaways: EOG Resources Inc. filed a Definitive Proxy Statement (DEF 14A) on March 28, 2024.. The filing covers the fiscal year ending December 31, 2023.. It includes data for fiscal years 2023, 2022, 2021, and 2020..
Is EOG RESOURCES INC a risky investment based on this filing?
Based on this DEF 14A, EOG RESOURCES INC presents a relatively low-risk profile. The filing is a routine proxy statement, providing standard disclosures without immediate significant financial or operational news.
What should investors do after reading EOG RESOURCES INC's DEF 14A?
Review the executive compensation details and any proposals to be voted on at the upcoming shareholder meeting. The overall sentiment from this filing is neutral.
How does EOG RESOURCES INC compare to its industry peers?
EOG Resources operates in the crude petroleum and natural gas industry.
Are there regulatory concerns for EOG RESOURCES INC?
This filing is a standard DEF 14A, subject to SEC regulations for public companies.
Industry Context
EOG Resources operates in the crude petroleum and natural gas industry.
Regulatory Implications
This filing is a standard DEF 14A, subject to SEC regulations for public companies.
What Investors Should Do
- Review the proposals for the annual meeting.
- Analyze executive compensation packages.
- Assess director nominations and qualifications.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure and does not represent a change from previous filings of the same type.
Filing Stats: 4,653 words · 19 min read · ~16 pages · Grade level 14.6 · Accepted 2024-03-28 16:17:34
Key Financial Figures
- $122.79 — the New York Stock Exchange ("NYSE") of $122.79 per share on March 15, 2024, net of a n
Filing Documents
- d455851ddef14a.htm (DEF 14A) — 1696KB
- g455851clark.jpg (GRAPHIC) — 43KB
- g455851crisp.jpg (GRAPHIC) — 42KB
- g455851daniels.jpg (GRAPHIC) — 38KB
- g455851g00a09.jpg (GRAPHIC) — 93KB
- g455851g00y01.jpg (GRAPHIC) — 64KB
- g455851g00y02.jpg (GRAPHIC) — 29KB
- g455851g00y03.jpg (GRAPHIC) — 64KB
- g455851g00y04.jpg (GRAPHIC) — 61KB
- g455851g01b01.jpg (GRAPHIC) — 59KB
- g455851g01q50.jpg (GRAPHIC) — 2KB
- g455851g01q51.jpg (GRAPHIC) — 5KB
- g455851g01q53.jpg (GRAPHIC) — 7KB
- g455851g02g02.jpg (GRAPHIC) — 186KB
- g455851g03g03.jpg (GRAPHIC) — 215KB
- g455851g03z01.jpg (GRAPHIC) — 25KB
- g455851g03z02.jpg (GRAPHIC) — 25KB
- g455851g03z03.jpg (GRAPHIC) — 26KB
- g455851g03z04.jpg (GRAPHIC) — 26KB
- g455851g03z05.jpg (GRAPHIC) — 25KB
- g455851g03z06.jpg (GRAPHIC) — 24KB
- g455851g03z07.jpg (GRAPHIC) — 25KB
- g455851g03z08.jpg (GRAPHIC) — 25KB
- g455851g03z09.jpg (GRAPHIC) — 25KB
- g455851g04c49.jpg (GRAPHIC) — 25KB
- g455851g04d01.jpg (GRAPHIC) — 100KB
- g455851g13a01.jpg (GRAPHIC) — 305KB
- g455851g18f18.jpg (GRAPHIC) — 9KB
- g455851g18k18.jpg (GRAPHIC) — 109KB
- g455851g20n20.jpg (GRAPHIC) — 35KB
- g455851g21n21.jpg (GRAPHIC) — 9KB
- g455851g22n22.jpg (GRAPHIC) — 15KB
- g455851g40n40.jpg (GRAPHIC) — 35KB
- g455851g44r43.jpg (GRAPHIC) — 65KB
- g455851g50n50.jpg (GRAPHIC) — 30KB
- g455851g58b01.jpg (GRAPHIC) — 94KB
- g455851g62a85.jpg (GRAPHIC) — 34KB
- g455851g64a46.jpg (GRAPHIC) — 25KB
- g455851g64b46.jpg (GRAPHIC) — 28KB
- g455851g64c46.jpg (GRAPHIC) — 27KB
- g455851g64d46.jpg (GRAPHIC) — 28KB
- g455851g64e46.jpg (GRAPHIC) — 34KB
- g455851g64f46.jpg (GRAPHIC) — 25KB
- g455851g64g46.jpg (GRAPHIC) — 31KB
- g455851g64h46.jpg (GRAPHIC) — 35KB
- g455851g64i46.jpg (GRAPHIC) — 32KB
- g455851g64j46.jpg (GRAPHIC) — 38KB
- g455851g64k46.jpg (GRAPHIC) — 20KB
- g455851g68x25.jpg (GRAPHIC) — 60KB
- g455851g72x00.jpg (GRAPHIC) — 97KB
- g455851g96v71.jpg (GRAPHIC) — 129KB
- g455851gaut.jpg (GRAPHIC) — 39KB
- g455851robertson.jpg (GRAPHIC) — 32KB
- g455851textor.jpg (GRAPHIC) — 39KB
- 0001193125-24-080647.txt ( ) — 8908KB
- eog-20231231.xsd (EX-101.SCH) — 5KB
- eog-20231231_def.xml (EX-101.DEF) — 6KB
- eog-20231231_lab.xml (EX-101.LAB) — 8KB
- eog-20231231_pre.xml (EX-101.PRE) — 5KB
- d455851ddef14a_htm.xml (XML) — 365KB
Executive Compensation Program for 2023
Executive Compensation Program for 2023 24 Other Compensation Programs and Policies 32 Other Compensation Matters 33 Page
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 35 Summary Compensation Table 35 Grants of Plan-Based Awards Table for 2023 36 Material Terms of Plan-Based Awards 36 Outstanding Equity Awards at 2023 Fiscal Year-End Table 37 SAR Exercises and Restricted Stock/RSU and Performance Unit Vestings Table for 2023 39 Pension Benefits 39 Nonqualified Deferred Compensation Table for 2023 39 Employment Agreements 40 Potential Payments Upon Termination of Employment or Change of Control 40 Potential Payments Upon Termination of Employment or Change of Control Table 46 Chief Executive Officer Pay Ratio 49 Pay-Versus-Performance Disclosure 50 DIRECTOR COMPENSATION AND STOCK OWNERSHIP GUIDELINES 53 Director Compensation Table for 2023 54 RELATED PARTY TRANSACTIONS 55
ELECTION OF DIRECTORS
ITEM 1. ELECTION OF DIRECTORS 56
RATIFICATION OF APPOINTMENT OF AUDITORS
ITEM 2. RATIFICATION OF APPOINTMENT OF AUDITORS 64 General 64 Ratification of Appointment for 2024 65
NON-BINDING ADVISORY VOTE ON EXECUTIVE COMPENSATION
ITEM 3. NON-BINDING ADVISORY VOTE ON EXECUTIVE COMPENSATION 66 STOCKHOLDER PROPOSALS AND DIRECTOR NOMINATIONS 68 Proposals for 2025 Annual Meeting of Stockholders and 2025 Proxy Materials 68 Nominations for 2025 Annual Meeting of Stockholders and for Any Special Meetings of Stockholders 68 Other Stockholder Business for 2025 Annual Meeting of Stockholders 70 GENERAL 71 Annex A A-1 Table of Contents EOG Resources, Inc. Proxy Statement The accompanying form of proxy is solicited by the Board of Directors ("Board") of EOG Resources, Inc. ("EOG," "we," "us," "our" or "company") to be used at our 2024 annual meeting of stockholders ("Annual Meeting") to be held in a virtual-only format, via live webcast, on Wednesday, May 22, 2024 at 2:00 p.m., Central Time. The proxy materials, including this proxy statement, the accompanying notice of annual meeting of stockholders and form of proxy and our 2023 annual report, are being first distributed and made available to our stockholders on or about March 28, 2024. Any stockholder giving a proxy may revoke it at any time provided written notice of the revocation is received by our Corporate Secretary (Michael P. Donaldson) before the proxy is voted; otherwise, if received prior to the Annual Meeting, properly executed proxies will be voted at the Annual Meeting in accordance with the instructions specified on the proxy or, if no such instructions are given, in accordance with the recommendations of the Board described herein. Stockholders participating in the live webcast of the Annual Meeting may revoke their proxies and vote during the Annual Meeting via the meeting website. You will not be able to attend the Annual Meeting in person. We believe the live-webcast format for the Annual Meeting will provide stockholders with a consistent experience and will allow you to participate in the Annual Meeting regardless of your location. You will be able to submit questions during the Annual Meeting