---
schema_version: "secwatch.filing_event.v1"
accession: "0000821189-23-000019"
form_type: "8-K"
ticker: "EOG"
cik: "0000821189"
company_name: "EOG RESOURCES INC"
filed_at: "2023-04-11T23:59:59+00:00"
generated_at: "2026-06-17T03:56:43.248845+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# EOG updates crude oil and natural gas price sensitivity for FY2023; Q1 derivative MTM gain $376M

## Summary
- For each $1/bbl change in crude, FY2023 net income impact ~$137M; pretax cash flow impact ~$175M.
- For each $0.10/MMBtu change in natural gas, FY2023 net income impact ~$35M; pretax cash flow ~$44M.
- Q1 2023 anticipated net gain on mark-to-market of commodity derivatives: $376M before tax.
- Net cash paid for derivative settlements in Q1 2023 was $123M.
- Collateral posted at March 31, 2023 was $0 vs $324M at December 31, 2022.

## SEC filing metadata
- accession: 0000821189-23-000019
- form_type: 8-K
- ticker: EOG
- cik: 0000821189
- company_name: EOG RESOURCES INC
- filed_at: 2023-04-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821189/000082118923000019/0000821189-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821189/000082118923000019/eog-20230411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821189-23-000019
- JSON: https://secwatch.observer/filing/0000821189-23-000019.json
- Plain text: https://secwatch.observer/filing/0000821189-23-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.