secwatch.observer — SEC 8-K summary
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Issuer:     EOG RESOURCES INC (EOG)
CIK:        0000821189
Form:       8-K
Filed at:   2024-01-11T23:59:59+00:00
Accession:  0000821189-24-000002
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

EOG pre-announces Q4 2023 derivative mark-to-market gain of $298M
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- Net gain on mark-to-market financial commodity derivatives of $298M for Q4 2023.
- Net cash received from settlements of financial commodity derivatives was $18M.
- For adjusted net income, EOG will subtract the $298M gain and add $18M cash received.
- Derivative positions as of Dec 31, 2023 include natural gas swaps at $3.07/MMBtu for 2024-2025.
- No collateral posted or held at year-end 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821189/000082118924000002/0000821189-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821189/000082118924000002/eog-20240111.htm
  HTML page:      https://secwatch.observer/filing/0000821189-24-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer