secwatch.observer — SEC 8-K summary
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Issuer:     EOG RESOURCES INC (EOG)
CIK:        0000821189
Form:       8-K
Filed at:   2023-07-11T23:59:59+00:00
Accession:  0000821189-23-000032
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

EOG reports Q2 2023 derivative mark-to-market net gain of $101M, $30M cash paid for settlements
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- For Q2 2023, EOG anticipates a net gain of $101M on mark-to-market of financial commodity derivative contracts.
- Net cash paid for settlements of derivative contracts in Q2 2023 was $30M.
- As of June 30, 2023, each $1/Bbl change in crude/condensate price impacts full-year net income by ~$135M and pretax cash flow by ~$173M.
- Each $0.10/Mcf change in wellhead natural gas price impacts full-year net income by ~$35M and pretax cash flow by ~$44M.
- No collateral posted or held at June 30, 2023; updated derivative transaction tables provided for crude oil and natural gas.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821189/000082118923000032/0000821189-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821189/000082118923000032/eog-20230711.htm
  HTML page:      https://secwatch.observer/filing/0000821189-23-000032

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