EOG · 10-Q · 2026Q3 · Full report

Capital Return Program

EOG RESOURCES INC · 2026-11-05 · Importance 63 · Surprise 50 · In source text

EOG's cash-return commitment is to return at least 70% of annual net cash from operating activities before certain balance-sheet changes, less capital expenditures, through regular and special dividends and share repurchases. The Board raised the quarterly dividend from $1.02 to $1.10 per share on November 5, 2026, effective for the dividend payable January 29, 2027. Effective May 20, 2026, the Board increased the share-repurchase authorization from $10 billion to $20 billion. During the first nine months of 2026, EOG repurchased shares and made other treasury-stock purchases totaling $2.780 billion and paid $1.628 billion in dividends.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativecommitted-7.5%EOG increased its share repurchase authorization from $10 billion to $20 billion effective May 20, 2026.
cashnegativecommitted—On November 5, 2026, EOG increased its quarterly common-stock dividend from $1.02 to $1.10 per share, effective with the dividend payable…