EOG Resources Inc (EOG.N)
Fri, May 22 2020
May 21 The Trump administration has lowered royalties for several drilling companies producing oil and gas on federal lands, according to a government database, as the industry seeks help weathering low energy prices.
May 7 EOG Resources said on Thursday it was shutting existing wells and delaying the start up of about 150 net new ones until the second half of 2020, as it further cuts its spending to battle one of the worst oil price shocks in decades.
May 7 EOG Resources on Thursday further cut its spending for the year and said it expects lower oil production in 2020 as it battles one of the worst oil price shocks in decades due to a supply glut and COVID-19 induced fall in demand.
* EOG RESOURCES INC FILES FOR TWO-PART, SENIOR NOTES OFFERING; SIZE NOT DISCLOSED - SEC FILING Source text for Eikon: [ID:https://bit.ly/2x1SEGZ] Further company coverage:
March 24 U.S. shale producer EOG Resources Inc does not expect the current oil oversupply to ease as quickly as it did in the last downturn, a company executive told an energy conference on Tuesday.
* EOG RESOURCES INC SAYS CEO WILLIAM THOMAS' FY 2019 TOTAL COMPENSATION WAS $12.7 MILLION VERSUS $12.0 MILLION IN FY 2018 - SEC FILING Source text: (https://bit.ly/2xWYqcY) Further company coverage:
Feb 27 U.S. shale producer EOG Resources Inc beat analysts' estimates for fourth-quarter profit on Thursday, as higher output from its Bakken and Delaware shale assets offset lower prices.
Feb 27 U.S. shale producer EOG Resources Inc on Thursday reported a 10% rise in quarterly adjusted profit, as higher production offset weaker crude and natural gas prices.