EOG Resources forecasts FY 2026 capital spending at USD 6.3 billion-6.7 billion
EOG•3Q spending, costs and tax outlook
3Q capital spending is forecast at USD 1.6-1.7 billion; full-year capital expenditures are seen at USD 6.3-6.7 billion.
3Q unit cost outlook:
- Cash operating costs: USD 10.05-11.35 per boe
- DD&A: USD 9.5-10.5 per boe
The company expects a 3Q effective tax rate of 20%-25% and current tax expense of USD 545-645 million.
2026 capital spending and production guidance
EOG Resources forecasts fiscal 2026 capital spending at USD 6.3 billion-6.7 billion.
The company issued 3Q 2026 output guidance of 1,390-1,435 Mboed, including 546-551 MBod crude and condensate and 337-357 MBbld NGLs.
Full-year 2026 guidance targets 1,378-1,423 Mboed, including 546-551 MBod crude and condensate and 332-352 MBbld NGLs.
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