EOG Resources Inc at Barclays CEO Energy-Power Conference (Virtual) Transcript

Sep 08, 2021 / 01:45PM GMT
Jeanine Wai - Barclays Bank PLC, Research Division - Research Analyst

Hi. Good morning, everyone. Thanks for joining us. We are extremely pleased today to have with us Ezra Yacob, the President of EOG Resources. Ezra began his career at EOG in 2005, and he's set to take over the reins on October 1.

So just a short background here. EOG is the largest E&P in the U.S. The company is focused on being the lowest cost operator, providing the highest returns and being the lowest emissions producer. So EOG has had a very strong track record of good shareholder-friendly initiatives. The company has increased its dividend. It's never been cut. Recently, they declared a $600 million special dividend, which was pretty meaningful. And based on our numbers, we forecast tremendous capability to continue to do special dividends going forward.

So with that, Ezra, thank you so much again for joining us, and maybe we can just jump right into the Q&A.

Ezra Y. Yacob - EOG Resources, Inc. - President

Yes, please, Jeanine. I'm thrilled to be here. Appreciate

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