EOG RESOURCES INC
7 story beats from 2020 to 2025
The story so far
The events that changed the company's story, in plain English, each written against everything known about the company at the time. The dot shows whether it was good, bad or neutral for shareholders.
shares on issue market cap (log scale)
2025543m shares · US$58.52bn market cap
- 8 Dec
EOG upsized its revolving credit facility again, to $3.0 billion from $1.9 billion (still with JPMorgan as administrative agent), reflecting its larger balance sheet after the Encino acquisition; the facility remains undrawn.
debt financing
543m shUS$58.52bn - 1 Aug
EOG completed its $5.6 billion acquisition of Encino Acquisition Partners, adding a major Utica Shale position to its portfolio.
asset acquisition disposition
546m shUS$65.53bn - 1 July
The $3.5 billion notes offering funding the Encino deal closed as planned.
material agreement
546m shUS$65.28bn - 20 June
EOG lined up financing for the Encino acquisition with a $3.5 billion, four-tranche notes offering ($500M due 2028, $1.25B due 2032, $1.25B due 2036, and $500M due 2055), expected to close July 1.
material agreement
546m shUS$59.26bn - 5 June
EOG agreed to acquire Encino Acquisition Partners - a Utica Shale (Ohio) producer backed by the Canada Pension Plan Investment Board and Encino Energy - for $5.6 billion in cash, a major entry into a new basin.
material agreement
546m shUS$59.26bn
2020582m shares · US$20.91bn market cap
- 14 Apr
The $1.5 billion notes offering closed as planned.
material agreement
582m shUS$20.91bn - 10 Apr
Amid the COVID-era oil price crash, EOG priced $1.5 billion of new senior notes - $750 million at 4.375% due 2030 and $750 million at 4.950% due 2050 - through a Citigroup/JPMorgan-led underwriting, shoring up liquidity.
material agreement
582m shUS$20.91bn