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
- EOG increased its share repurchase authorization from $10 billion to $20 billion effective May 20, 2026. source
- On November 5, 2026, EOG increased its quarterly common-stock dividend from $1.02 to $1.10 per share, effective with the dividend payable January 29, 2027, to holders of record January 15, 2027. source
- EOG committed, effective beginning in fiscal 2024, to return a minimum of 70% of annual net cash provided by operating activities before certain balance sheet-related changes, less total capital expenditures, to stockholders through regular dividends, special dividends and share repurchases. source
- EOG declared a quarterly common-stock cash dividend of $1.02 per share on February 24, 2026, payable April 30, 2026, to holders of record April 16, 2026. source
- EOG declared a quarterly common-stock cash dividend of $1.02 per share on May 5, 2026, payable July 31, 2026, to holders of record July 17, 2026. source
- EOG declared a quarterly common-stock cash dividend of $1.02 per share on August 4, 2026, payable October 30, 2026, to holders of record October 16, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -7.5% | EOG increased its share repurchase authorization from $10 billion to $20 billion effective May 20, 2026. |
| cash | negative | committed | — | On November 5, 2026, EOG increased its quarterly common-stock dividend from $1.02 to $1.10 per share, effective with the dividend payable… |