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EOG Resources, Inc. Declares Quarterly Dividend on Common and Preferred Stock
PRNewswire-FirstCall
HOUSTON

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FOR IMMEDIATE RELEASE: Thursday, August 7, 2003

The Board of Directors of EOG Resources, Inc. (EOG) has declared its regular quarterly dividend of $.05 per share on the common stock of the company, payable October 31, 2003, to shareholders of record as of October 17, 2003. The indicated annual rate is $.20.

The Board also declared a dividend of $17.9875 per share on the Series B Preferred Stock of the company, payable September 15, 2003, to shareholders of record as of September 8, 2003.

The Board declared a dividend of $1,710.00 per share on the Series D Preferred Stock of the company, payable September 15, 2003, to shareholders of record as of September 12, 2003.

EOG Resources, Inc. is one of the largest independent (non-integrated) oil and natural gas companies in the United States and is the operator of substantial proved reserves in the U.S., Canada and offshore Trinidad. EOG Resources, Inc. is listed on the New York Stock Exchange and is traded under the ticker symbol "EOG".

Contact:
Investors
Maire A. Baldwin
(713) 651-6EOG (651-6364)

Media and Investors
Elizabeth M. Ivers
(713) 651-7132

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