other material
confidence high
sentiment neutral
materiality 0.60
EOG updates price sensitivity; Q3 derivative gain $43M, cash $23M
EOG RESOURCES INC
- For each $1/Bbl change in crude/condensate, net income impact ~$135M for full-year 2023; pretax cash flow ~$173M.
- For each $0.10/Mcf change in natural gas, net income impact ~$33M; pretax cash flow ~$43M for full-year 2023.
- Q3 2023 mark-to-market net gain on derivative contracts of $43M; net cash received from settlements $23M.
- Q3 2023 NYMEX WTI crude averaged $82.18/Bbl; Henry Hub natural gas averaged $2.55/MMBtu.