EOG Resources, Inc. (NYSE:EOG) Q1 2024 Earnings Conference Call May 3, 2024 10:00 AM ET

Company Participants

Pearce Hammond - Vice President, Investor Relations
Ezra Y. Yacob - Chairman of the Board and Chief Executive Officer
Ann Janssen - Executive Vice President and Chief Financial Officer
Lloyd W. Helms - President
Jeffrey R. Leitzell - Executive Vice President and Chief Operating Officer
Lance Terveen - Senior Vice President, Marketing
Keith Trasko - Senior Vice President, Exploration and Production

Conference Call Participants

Steve Richardson - Evercore ISI
Arun Jayaram - JP Morgan Securities
Neil Mehta - Goldman Sachs
Neal Dingmann - Truist Securities
Scott Hanold - RBC Capital Markets
Leo Mariani - ROTH MKM
Paul Cheng - Scotiabank
Derrick Whitfield - Stifel
Nitin Kumar - Mizuho Securities
David Deckelbaum - TD Cowen

Operator

Good day, everyone, and welcome to the EOG First Quarter 2024 Earnings Conference Call. As a reminder, this call is being recorded.

At this time, for opening remarks and introductions, I would like to turn the call over to the Investor Relations Vice President of EOG Resources, Mr. Pearce Hammond. Please go ahead, sir.

Pearce Hammond

Good morning, and thank you for joining us for the EOG Resources’ First Quarter 2024 Earnings Conference Call. An updated investor presentation has been posted to the Investor Relations section of our website and we will reference certain slides during today’s discussion. A replay of this call will be available on our website beginning later today.

As a reminder, this conference call includes forward-looking statements. Factors that could cause our actual results to differ materially from those in our forward-looking statements have been outlined in the earnings release and EOG’s SEC filings. This conference call may also contain certain historical and forward-looking non-GAAP measures. Definitions and reconciliation schedules for these non-GAAP measures and related discussion can be found on the Investor Relations section of EOG’s website.

In addition, some of the reserve estimates on this conference call may include estimated potential reserves as well as estimated resource potential not necessarily calculated in accordance with the SEC’s reserve reporting guidelines.

Participating on the call this morning are Ezra Yacob, Chairman and CEO; Billy Helms, President; Jeffrey Leitzell, Chief Operating Officer; Ann Janssen, Chief Financial Officer; Keith Trasko, Senior Vice President, Exploration and Production; and Lance Terveen, Senior Vice President, Marketing. Here’s Ezra.

Ezra Y. Yacob

Thanks, Pearce. Good morning, everyone, and thank you for joining us. EOG is off to a great start in 2024, both delivering value directly to our shareholders and investing in future value creation. Primary drivers of that value are EOG’s commitment to capital discipline, operational excellence and leading sustainability efforts all underpinned by our unique culture.