EOG Resources said net income for Q3 was $1,673 million, and diluted earnings per share were $2.95. For Q2, net income was $1,690 million and diluted earnings per share were $2.95.

1. 01

   EOG Resources said net income for Q3 was $1,673 million, and diluted earnings per share were $2.95. For Q2, net income was $1,690 million and diluted earnings per share were $2.95.

2. 02

   The company said adjusted net income (non-GAAP) for Q3 was $1,644 million, or $2.89 per diluted share. Adjustments included excluding $62 million in mark-to-market gains on derivative contracts and adding back $48 million in net cash received from settlements of derivative contracts, both after tax.

3. 03

   EOG Resources said net cash provided by operating activities for Q3 was $3,588 million, and cash flow from operations before changes in working capital (non-GAAP) was $2,988 million. After deducting total capital expenditures (non-GAAP) of $1,497 million, free cash flow (non-GAAP) was $1,491 million.

4. 04

   The company said it used $795 million for share repurchases and $533 million for dividend payments in Q3. As of September 30, 2024, cash was $6,122 million, and the net debt-to-total capitalization ratio (non-GAAP) was -8.6%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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