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EOG RESOURCES INC

NYSE:EOG
US$144.21Close 7 Oct 2026 · delayed

Past year: ▲ 36%(105.01 – 148.69 USD)

Market cap
A$107.03bn
Shares on issue
525m
Story beats
7 since 2020
Last event
8 Dec 2025

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

8 Dec 2025debt financing▲ GoodMajor

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.

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24 Nov 2025material agreement▲ Good

EOG raised another $1 billion in the debt markets - $750 million of new notes due 2031 and a $250 million tap of its existing 2055 notes - continuing to manage its post-Encino debt maturity profile.

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1 Aug 2025asset acquisition disposition▲ GoodMajor

EOG completed its $5.6 billion acquisition of Encino Acquisition Partners, adding a major Utica Shale position to its portfolio.

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1 July 2025material agreement▲ GoodMajor

The $3.5 billion notes offering funding the Encino deal closed as planned.

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20 June 2025material agreement▲ GoodMajor

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.

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5 June 2025material agreement▲ GoodMajor

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.

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21 Nov 2024material agreement▲ Good

EOG issued $1 billion of 30-year senior notes at 5.650%, maturing 2054, through a JPMorgan/BofA/Goldman Sachs/Wells Fargo-led underwriting.

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12 June 2023debt financing▲ Good

EOG refreshed its revolving credit facility a year ahead of schedule: a new $1.9 billion JPMorgan-led facility (expandable to $3.0 billion, maturing 2028 with two one-year extension options) replaced the prior $2.0 billion facility, which had no borrowings outstanding at replacement.

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14 Apr 2020material agreement▲ GoodMajor

The $1.5 billion notes offering closed as planned.

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10 Apr 2020material agreement▲ GoodMajor

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.

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