Page 1 of 1
EOG public offering
Posted: Tue Mar 01, 2011 8:10 am
by par_putt
EOG Resources Inc. (EOG:$112.3100,$0.5600,0.50%) said it plans to sell at least 11.8 million shares in an offering to the public, the latest company looking to tap equity markets for capital. The oil and natural-gas producer didn't say at what price it planned to sell the stock. Shares fell 1.6% to $110.55.
Re: EOG public offering
Posted: Wed Mar 16, 2011 2:15 pm
by ghrcap
Note from Citi about their road trip with EOG management.
https://www.citigroupgeo.com/pdf/SNA75486.pdf
Re: EOG public offering
Posted: Thu Mar 17, 2011 1:21 pm
by dan_s
HOUSTON, March 7, 2011 /PRNewswire/ -- EOG Resources, Inc. (NYSE:EOG - News) (EOG) today announced that it has completed its previously announced public offering of 13,570,000 shares of common stock, including 1,770,000 shares issued upon full exercise of the underwriters' over-allotment option, at a public offering price of $105.50 per share. EOG's net proceeds from the offering of approximately $1.39 billion (after deducting the underwriting discount and estimated offering expenses) are expected to be used for general corporate purposes, including funding of future capital expenditures.
Goldman, Sachs & Co. and Barclays Capital acted as joint book-running managers for the offering. Allen & Company LLC, J.P. Morgan and RBC Capital Markets acted as co-managers for the offering.