EOG Resources stock lifts dividend after strong Q3 results

Published on 11/06/2026 at 16:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EOG Resources stock delivered record third-quarter production and stronger adjusted earnings. The company also raised its regular dividend by 8%.

Strong Quarter Raises Shareholder Returns

EOG Resources exceeded its third-quarter adjusted earnings and revenue expectations.
Record oil, NGL and natural gas volumes came in above guidance midpoints.
The company raised its regular quarterly dividend and continued its share repurchase program.

EOG Resources, US26875P1012, Illustration mit AI erstellt.

EOG Resources reported stronger-than-expected third-quarter results on Thursday, November 5, as record production and higher commodity-price realizations lifted profitability. The company also raised its regular quarterly dividend and continued returning capital to shareholders, according to EOG Resources.

Quarterly Results Beat Expectations

For the quarter ended September 30, EOG Resources posted net income of USD 2.8 billion, or USD 5.33 per share. Adjusted net income reached USD 2.5 billion, or USD 4.87 per share, while revenue totaled USD 8.55 billion.

Adjusted earnings exceeded the USD 4.45 analyst estimate cited by Reuters. Total production reached a record 1.433 million barrels of oil equivalent per day, with oil, natural gas liquids and natural gas volumes all above the company's guidance midpoints.

Dividend Increase Adds To Returns

The board raised the regular quarterly dividend by 8% to USD 1.10 per share, implying an indicated annual rate of USD 4.40. The dividend is payable on January 29, 2027, to shareholders of record on January 15, 2027.

EOG Resources generated USD 3.8 billion in operating cash flow and USD 2.2 billion in free cash flow during the quarter. It paid USD 544 million in regular dividends and repurchased USD 1.0 billion of stock.

The company also entered a long-term natural gas sales agreement linked to JKM pricing that is scheduled to begin by 2030. In addition, EOG approved an expansion of its Janus gas processing plant in the Delaware Basin.

The real-time quote of EOG Resources stock traded at EUR 133.65 on Lang & Schwarz at 16:30 CET on Friday, November 6, 2026.