Sign Up Now!
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
EOG Resources Inc
August 2011 Investor Presentation
| Maire A Baldwin | Page 32 of 11 |
August 24, 2016
View in Results
"August 2011 Investor Presentation"
View Full Document
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
EOG_0811-31 EOG Reserves Within 5% of Independent Engi neering Analysis Prepared by DeGolyer and MacNaughton ?23 Straight Years ?Reviewed 77% of Proved Reserves in 2010 Conservative -Successful Efforts Accounting -Zero Goodwill -Credit Ratings ?Moody?s A3 / S&P A- 2011 Dividend Increase ?3% to $0.64 ?12 Increases in 12 Years Financial Hedge Position* -North America Natural GasSeptember 2011 -Dec 2011**650,000 MMBtud at $4.90 2012***525,000 MMBtud at $5.44 -Total Company Crude Oil August 2011 -Dec 201130,000 Bopd at $97.02 201211,000 Bopd at $106.37 * Based onAugust 4, 2011 Form 10-Q filing. ** EOG has entered into contracts which give counterparties the option of entering into price swap contracts. If counterparties exercise all such options, the notional volume of EOG's existing natura l gas financial price swap contracts will incr ease by 500,000 MMBtud at an average price of $4.7 3per MMBtu for the period September 1, 2011 to December 31, 2011. *** EOG has entered into contracts which give counterparties the option of entering into price swap contracts. If counterpartie sexercise all such options, the notional volume of EOG's existing natura l gas financial price swap contracts will incr ease by 425,000 MMBtud at an average price of $5.4 4per MMBtu for each month of 2012.