Form 8-K · Current Report · Filed 2026-04-09
EOG Resources Updates First Quarter 2026 Tax Expense Guidance
EOG Resources, Inc. updated its guidance for the first quarter 2026 current tax expense to $500 million - $600 million due to higher crude oil prices resulting from the conflict in the Middle East. This update revises the previous forecast of $230 million - $330 million issued on February 24, 2026.
- Filer
- Eog Resources Inc. EOG · NYSE
- Filed
- Accession
- 0000821189-26-000078
- CIK
- 0000821189
- Signal
- High impactEnergy
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$139.05
Next session
-2.1%
Since filing
+6.9%
Latest close
$148.69
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from EOG reporting the same item, with the next session's move:
About Eog Resources Inc.
Eog Resources Inc. is a leading independent crude oil and natural gas exploration and production company. The primary function of Eog Resources Inc. is to discover, develop, and sustainably extract energy resources, focusing on cost efficiency, operational excellence, and innovative technological approaches. It predominantly operates in the exploration and production sector of the energy industry, with substantial operations across major oil and gas basins in the United States, including the Permian Basin, Eagle Ford, and Delaware Basin. Notably, Eog Resources Inc. emphasizes maximizing shareholder value through disciplined capital allocation and a robust portfolio of high-return, low-cost projects. This company plays a vital role in the energy market, contributing to the supply side of the global energy balance, which is crucial for supporting industrial operations, transportation, and power generation. Its strategic approach includes deploying advanced drilling and completion technologies to enhance production efficiency and minimize environmental impact. As an entity with a significant market footprint, Eog Resources Inc. continues to influence trends in the energy sector, focusing on financial performance and sustainability.
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