EOG Resources has pledged to return at least 60% of its free cash flow to shareholders, highlighted by a regular dividend of $0.75 and a special dividend of $1.80 due on June 30. This strategy underlines the company's strong financial health, as it closed at $144 with a market cap of $85.6 billion and demonstrated an 86% increase in its regular dividend from 2021. EOG's approach aims to bolster returns, having historically increased dividends by about 25% annually, while maintaining a solid operational base with substantial proved reserves.
“EOG Resources · closed at · $144 · in the latest trading session”
“EOG Resources · has a market cap of · $85.6 billion”
“EOG Resources · pledged to return · a minimum of 60% of its free cash flow · to shareholders”
“EOG Resources · paid a regular dividend of · $0.75”
“EOG Resources · paid a special dividend of · $1.80”
“EOG Resources · regular dividend was up · 86% · from the 2021 regular dividend of $1.61”
“EOG Resources · has an annualized regular dividend of · $3.00”
“EOG Resources · special dividend is payable on · June 30 · to shareholders of record as of June 15, 2022”
“EOG Resources, Inc. · is scheduled to present at · the J.P. Morgan Energy, Power and Renewables Conference · 6:40 a.m. Central time on Wednesday, June 22”
“Lloyd W. 'Billy' Helms, Jr. · will present on behalf of · EOG Resources, Inc.”
“EOG Resources, Inc. · has proved reserves in · the United States and Trinidad”
“EOG Resources, Inc. · will pay · dividend · US$1.80 per share”
