EOG
Posted: Fri Feb 24, 2023 4:58 pm
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%
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%