1Q 2025 Earnings Presentation Pearce Hammond, Vice President IR Neel Panchal, Senior Director IR Shelby OConnor, Manager IR (713) 571-4684, phammondeogresources.com (713) 571-4884, npanchaleogresources.com (713) 571-4560,…
1Q 2025 Results & Highlights Outstanding Operational Execution Strong Financial Results Volumes and Per-Unit Operating Costs Better than Targets1 1.6 Bn Adjusted Net Income2 Completed Strategic Infrastructure Projects 2.87 Adjusted…
Optimized 2025 Plan: Reducing Capital Program by 200 MM Program Supports Higher Free Cash Flow Generation and Shareholder Returns CT Optimized Plan Delivers 4.0 Bn Free E DIR Cash Flow1,2 at 65 WTI and 3.75 HH +2% +5%…
Cash Flow Priorities Support Sustainable Value Creation Regular Dividend Capital Investment Sustainable and Growing Regular Dividend Investment Pace in Each Asset to Optimize Returns & NPV Primary Mode of Cash Return to Shareholders…
EOG Strategy Delivers Peer Leading Return on Capital Employed Portfolio Delivers 10% ROCE…
Multi-Basin Portfolio of Long Duration, High Return Inventory 10+ Billion Boe of Resource1 Across Portfolio Comprehensive Approach to Developing Acreage Average Direct After-Tax Rate of Return1 for Value Creation Through Industry Cycles…
EOG Culture Delivers Sustainable Operational Efficiencies Across Multi-Basin Portfolio Powder River Basin 5% 50%+ Drilled Ft/Day Completed Ft/Day Utica Play 50% 5% Drilled Ft/Day Completed Ft/Day EOGs decentralized structure…
Marketing Strategy Captures Premium Gas Markets Strategic Infrastructure and Transport Agreements Support EOG Connectivity to Improved Pricing Margin Enhancement and Peer Leading Price Realizations NEW Delaware Basin Janus Gas…
Gas Sales Agreements Provide Pricing Diversification Brent-Linked Gas Sales Agreement Gross Sales Volumes3,4 Sales volumes of 140K MMBtu per day linked to Brent K MMBtu per day Additional 40K MMBtu per day linked to Brent or US Gulf…
Differentiated Approach to Delaware Basin Development Leveraging Core Competencies to Drive Industry Leading Results SUBSURFACE EXPERTISE OPERATIONAL EXCELLENCE LEADING ECONOMICS Extensive Subsurface Expertise Drives Operational…
South Texas Eagle Ford Bolt-On Acquisition Boosts Returns and Lowers Finding Cost 30K Net Acre Bolt-On Acquisition Gonzales Largest Remaining Undeveloped Core Eagle Ford Acreage Immediately Competes with Existing Portfolio; Planned…
Reducing South Texas Eagle Ford Well Costs 15% of 2025 Program is 3+ Mile Laterals Average Lateral Length Max Lateral Length Direct Well Cost feet feet /ft 24.5K 22K 515/ft 15K 12K 2023 2024 2025 Target 2023 2024 2025…
Dorado: Lowest Cost Dry Gas Play in North America Highly Prolific Wells with Access to Premium Markets Breakeven Price1 /mcf 1.90 1.55 Dimmit 1.40 Encinal Webb La Salle Agua Dulce Agua Dulce Provides Access to: Dorado…
Utica Play: Pulling Forward Learnings to Reduce Well Costs 460,000 Net Acres Achieved 50% Well Cost Reduction 2025 Package Locations1 Through Fewer than 50 Wells in Play Direct Well Cost Cumulative Well Count2 /ft 1400 50 43…
Trinidad Beryl Oil Discovery in TSP Deep Area 30+ Years Operating in Country with Value-Adding Exploration Success Beryl Oil Discovery Tobago Identified 125+ ft of High-Quality, Oil-Bearing Net Pay NCMA 4(a) Block Progressing to Final…
27 Years of Sustainable, Growing Regular Dividend Regular Dividend is a 2.2 Bn Cash Return Commitment for 20251 3.90 Regular Increased Dividend Rate 7% For 20251 EOGs Regular Dividend CAGR 2X Since 2019 Peer2 Avg. 1…
Strong Cash Return Delivers Shareholder Value Returned 98% of 2024 Annual Free Cash Flow1 Cash Return to Shareholders EOG Record Cash Return Share Repurchases1 5.1 Bn 5.3 Bn Special Dividends Regular Dividends 4.4 Bn 1.0 Bn 3.2 Bn…
3-Year Scenario: Visibility to Strong Shareholder Value Creation 2024-2026 Scenario Key Metrics1 Higher Free Cash Flow 65 - 85 WTI Range at Similar Prices Scenario Published February 2024 Cumulative Free Cash Flow2 Cumulative Free…
Environmental Targets, Ambition, & Strategy Announcing New Emissions Targets Net Zero Ambition4 Emissions Reduction Pathways Near-Term Emissions Targets REDUCE CAPTURE OFFSET Reduce GHG Emissions Intensity Rate1,2 25% from 2019…
Sustainable Value Creation Through Industry Cycles Capital Discipline Operational Excellence Sustainability EOG Culture At the foundation of EOGs historical and future success are the employees who embrace and embody the EOG…
Loading...
