News Detail |
EOG Resources Declares Preferred Dividend

HOUSTON, Feb. 27 /PRNewswire-FirstCall/ -- The Board of Directors of EOG Resources, Inc. (NYSE: EOG) (EOG) has declared a dividend of $17.9875 per share on EOG's Series B Preferred Stock, payable March 15, 2007 to shareholders of record as of March 8, 2007.

The EOG Board of Directors had recently announced and declared a 50 percent increase in the regular quarterly dividend to $0.09 per share on the common stock of the company, payable April 30, 2007 to shareholders of record as of April 16, 2007. The new indicated annual rate is $0.36 per share.

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

SOURCE EOG Resources, Inc.

Contact: investors, Maire A. Baldwin, +1-713-651-6EOG, or +1-713-651-6364, or media and investors, Elizabeth M. Ivers, +1-713-651-7132, both of EOG Resources, Inc.