Strong Financial Performance
EOG reported $1.6 billion in adjusted net income and generated $1.3 billion in free cash flow in Q1 2025, returning $1.3 billion to shareholders through dividends and share repurchases.
Operational Excellence
EOG's production and total per unit cash operating costs exceeded targets, and the company maintained a low cost structure, enhancing its ability to flex activity across high-return investments.
Eagle Ford Acquisition
EOG completed a strategic bolt-on acquisition of approximately 30,000 net acres in the Eagle Ford, enhancing the quality and quantity of its inventory with high-return potential.
International Success
EOG announced an oil discovery in Trinidad, continuing its 30-year success in the region and plans to start drilling in Bahrain in the second half of 2025.
Natural Gas Growth
EOG plans for a 12% year-over-year growth in natural gas production, supported by a robust LNG and power demand outlook.
Sustainability Targets
EOG set new sustainability goals, including reducing GHG emissions intensity by 25% from 2019 levels by 2030 and maintaining near-zero methane emissions through 2030.