EOG Resources, Inc. (EOG) CEO Bill Thomas on Q3 2019 Results - Earnings Call Transcript

Nov. 07, 2019 3:38 PM ETEOG Resources, Inc. (EOG) StockEOG
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Q3: 2019-11-06 Earnings Summary

EPS of $1.13 misses by $0.02
 | Revenue of $4.30B (-10.00% Y/Y) misses by $84.58M

EOG Resources, Inc. (NYSE:EOG) Q3 2019 Earnings Conference Call November 7, 2019 10:00 AM ET

Company Participants

Tim Driggers - Chief Financial Officer
Bill Thomas - Chairman & Chief Executive Officer
Billy Helms - Chief Operating Officer
Ken Boedeker - Executive Vice President, Exploration & Production
Ezra Yacob - Executive Vice President, Exploration & Production
Lance Terveen - Senior Vice President, Marketing

Conference Call Participants

Brian Singer - Goldman Sachs
Subhash Chandra - Guggenheim Partners
Charles Meade - Johnson Rice
Jeffrey Campbell - Tuohy Brothers Investment Research
Neal Dingmann - SunTrust
Leo Mariani - KeyBanc
Scott Hanold - RBC Capital Markets
Joseph Allman - Baird
Arun Jayaram - JPMorgan
Michael Scialla - Stifel

Operator

Good day everyone and welcome to EOG Resources Third Quarter 2019 Earnings Results 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 Chief Financial Officer of EOG Resources, Mr. Tim Driggers. Please go ahead sir.

Tim Driggers

Good morning and thanks for joining us. We hope everyone has seen the press release announcing third quarter 2019 earnings and operational results. This conference call includes forward-looking statements. The risks associated with forward-looking statements have been outlined in the earnings release in EOG's SEC filings and we incorporate those by reference for this call.

This conference call also contains certain non-GAAP financial measures. Definitions as well as reconciliation schedules for these non-GAAP measures to comparable GAAP measures can be found on our website at www.eogresources.com. Some of the reserve estimates on this conference call and in the accompanying investor presentation slides may include estimated resource potential and other estimates of potential reserves, not necessarily calculated in accordance with the SEC's reserve reporting guidelines.

We incorporate by reference the cautionary

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