EOG continues to focus on improving well performance and operating efficiencies, evaluating potential prospects, and adding drilling inventory through acquisitions, farm-ins, and exchanges.

EOG is evaluating opportunities in countries where crude oil and natural gas reserves have been identified, and has an exploration permit in Western Australia.

EOG plans to continue to spend a portion of its anticipated 2024 capital expenditures on leasing acreage, evaluating new prospects, transportation infrastructure and environmental projects.

EOG maintained a strong financial and liquidity position, including $5.4 billion of cash and cash equivalents on hand and $1.9 billion of availability under its senior unsecured revolving credit facility.

EOG is currently evaluating whether or not to refinance the $500 million aggregate principal amount of its 3.15% Senior Notes due April 1, 2025.

Management believes that the resolution of these suits and claims will not, individually or in the aggregate, have a material adverse effect on EOG's consolidated financial position, results of operations or cash flow.

EOG will continue to monitor and assess any climate change-related developments, including the SEC's climate-related disclosure rules adopted in March 2024.

EOG's exposure to commodity price risk, interest rate risk and foreign currency exchange rate risk is discussed in the report.

EOG's forward-looking statements may be affected by known, unknown or currently unforeseen risks, events or circumstances that may be outside EOG's control.

EOG is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States.

EOG implements its strategy primarily by emphasizing the drilling of internally generated prospects in order to find and develop low-cost reserves.

EOG continues to increase its operating activities by drilling new wells in existing and new areas.

EOG continues to focus on improving well performance and operating efficiencies.

Operating expenses of $3,895 million were $292 million higher than the $3,603 million incurred during the second quarter of 2023.

EOG continues to increase its operating activities by drilling new wells in existing and new areas.

EOG has placed an emphasis on applying its horizontal drilling and completion expertise to unconventional crude oil plays and natural gas plays.

EOG continues to focus on improving well performance and operating efficiencies.

EOG is focused on being among the lowest-cost, highest-return and lowest-emissions producers.

In November 2023, EOG announced an increase in its cash return commitment to return a minimum of 70% of annual net cash provided by operating activities to stockholders.

During the six months ended June 30, 2024, EOG repurchased 11.9 million shares of common stock for approximately $1.44 billion.

Total 2024 capital expenditures are estimated to range from approximately $6.0 billion to $6.4 billion.

EOG is focused on being among the lowest-cost, highest-return and lowest-emissions producers, playing a significant role in the long-term future of energy.

Maintaining the lowest possible operating cost structure, coupled with efficient and safe operations and robust environmental stewardship practices and performance, is integral in the implementation of EOG's strategy.

EOG will continue to monitor and assess any climate change-related developments, including the SEC's climate-related disclosure rules adopted in March 2024.

Prices for crude oil and condensate, natural gas liquids (NGLs) and natural gas have historically been volatile.

EOG expects the market for drilling and completion services and related labor and materials will continue to fluctuate.

EOG's operations are impacted by changes in government policies, laws and regulations, including climate change-related regulations, policies and initiatives.