EOG Resources, Inc. (EOG) CEO Bill Thomas Presents at 37th Annual Bernstein Strategic Decisions Conference (Transcript)

Jun. 03, 2021 6:26 PM ETEOG Resources, Inc. (EOG) StockEOG
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EOG Resources, Inc. (NYSE:EOG) 37th Annual Bernstein Strategic Decisions Conference June 3, 2021 1:30 PM ET

Company Participants

Bill Thomas - Chairman and CEO

Conference Call Participants

Bob Brackett - Bernstein

Bob Brackett

Good afternoon. This is Bob Brackett at Bernstein. Welcome to another session of 37th Annual Strategic Decisions Conference. I have with me for this session, Bill Thomas, the Chairman and CEO of EOG Resources. A reminder of the format, I will get out of the way in just a minute. Bill will present a dozen or so slides for perhaps 15 minutes or so. We'll then switch to Q&A [Operator Instructions]. In general, I'll try to start at the high level and work our way down to the details as we move through the conversation. So if one of your questions hasn't been asked, probably in that sort of logical flow. In any case, with that, I introduce Bill. And Bill, thank you so much for joining us, and please go ahead.

Bill Thomas

Well, thank you, Bob. We want to start out by thanking you and Bernstein for the conference and having us here. And we want to thank everybody that's joined and thank you for your interest in Energy and EOG and our story. So we have a few opening slides that I'd like to go through. And we want to just tell and remind everybody, especially if you're not from New Year with the company, the story of premium that's really affected the company dramatically over the last cycle, and now it's going to even double that over this current cycle. So we're a leader in returns and free cash flow in the last cycle and we're going to get better this one. So we'll go to the next slide.

Our focus has always

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