EOG

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ChuckGeb
Posts: 945
Joined: Thu Nov 21, 2013 2:46 pm

EOG

Post by ChuckGeb »

Fourth Quarter Highlights

Earned adjusted net income of $1.9 billion, or $3.30 per share
Generated $1.7 billion of free cash flow
Declared regular quarterly dividend of $0.825 per share and special dividend of $1.00 per share
Oil production above guidance midpoint with capital expenditures within 1% of guidance midpoint

Full Year 2022 Highlights and 2023 Capital Plan

Generated $7.6 billion free cash flow and returned $5.1 billion to shareholders
Offset most inflation to deliver total production above original plan for capex 2% above original plan
Replaced 244% of 2022 production at finding and development cost of $5.13 per Boe
Reduced GHG intensity and methane percentage to achieve 2025 targets
Announced $6.0 billion capital plan to grow oil production 3% and total production 9%
dan_s
Posts: 34471
Joined: Fri Apr 23, 2010 8:22 am

Re: EOG

Post by dan_s »

I will update the EOG forecast/valuation model today. It is a great company with incredible "running room".
Dan Steffens
Energy Prospectus Group
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