AI English summary of an SEC filing — figures as filed
EOG said it changed its current tax expense outlook for the quarter Q3 2026 to $835 million - $935 million from $545 million - $645 million in its prior guidance issued on August 4, 2026.
Key points
AI summaryEOG said it changed its current tax expense outlook for the quarter Q3 2026 to $835 million - $935 million from $545 million - $645 million in its prior guidance issued on August 4, 2026.
The company cited higher crude oil prices realized in Q3 and expected for the full year due to the ongoing conflict in the Middle East as the reason for the change. It said it is not updating or confirming any other ranges in the guidance issued on August 4, 2026.
EOG said it received net cash of $40 million from settlements of Financial Commodity Derivative Contracts during Q3 2026. It received no cash related to the Brent Linked Gas Sales Contract, and the company said it expects deliveries to begin in January 2027.
EOG said NYMEX West Texas Intermediate crude oil averaged $85.68 per barrel and NYMEX natural gas at Henry Hub averaged $2.95 per million British thermal units for the quarter ended September 30, 2026. The company said its actual realizations differ from these prices due to location (basis), quality and other revenue adjustments.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
EOG Updates Q3 2026 Current Tax Expense Outlook
EOG said it changed its current tax expense outlook for the quarter Q3 2026 to $835 million - $935 million from $545 million - $645 million in its prior guidance issued on August 4, 2026.
Source · Based on the filing body and exhibits
Company Explanation of Outlook Change and Status of Other Guidance Ranges
The company cited higher crude oil prices realized in Q3 and expected for the full year due to the ongoing conflict in the Middle East as the reason for the change. It said it is not updating or confirming any other ranges in the guidance issued on August 4, 2026.
Source · Based on the filing body and exhibits
Q3 2026 Derivative Settlement Cash
EOG said it received net cash of $40 million from settlements of Financial Commodity Derivative Contracts during Q3 2026. It received no cash related to the Brent Linked Gas Sales Contract, and the company said it expects deliveries to begin in January 2027.
Source · Based on the filing body and exhibits
Q3 2026 NYMEX Average Prices
EOG said NYMEX West Texas Intermediate crude oil averaged $85.68 per barrel and NYMEX natural gas at Henry Hub averaged $2.95 per million British thermal units for the quarter ended September 30, 2026. The company said its actual realizations differ from these prices due to location (basis), quality and other revenue adjustments.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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