What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to provide EOG Resources' forward-looking guidance for the second quarter and the full year of 2002, along with a cautionary statement about the inherent risks and uncertainties in such projections.

Where can I find details about EOG's hedging activities and contracts?

Information on EOG's outstanding Natural Gas Price Swaps, Natural Gas Physical Contracts, and Crude Oil Price Swaps for 2002 was previously detailed in the Company's Form 8-K filing on March 19, 2002. This filing on April 29, 2002, confirms these contracts are still in place for 2002.

What factors could cause EOG's actual results to differ from its 2002 forecasts?

The company lists several factors that could materially affect actual results, including changes in commodity prices (crude oil, natural gas), interest rates, the effectiveness of hedging activities, success in exploration and acquisitions, the accuracy of reserve estimates, political developments, and financial market conditions.

EOG 8-K SEC Disclosure — Apr 29, 2002

Q: Does EOG Resources provide guidance on all financial items?

No, the company explicitly states that it does not typically provide guidance on 'other income,' 'other expense,' or 'gain or loss on sales of reserves and related assets' unless specifically noted in its disclosures.

Summary

EOG Resources Inc. (EOG) filed an 8-K on April 29, 2002, primarily to disclose forward-looking guidance for the second quarter and full year of 2002. The company provided estimates for key operational and financial metrics, emphasizing that these forecasts are based on currently available information and are subject to change. Investors should note that EOG Resources does not typically provide guidance on "other income," "other expense," or "gain or loss on sales of reserves and related assets" unless explicitly stated. The filing also reiterates the company's existing financial and physical contracts related to natural gas and crude oil prices for 2002, previously detailed in a March 19, 2002, filing. A comprehensive section on forward-looking statements outlines various risks and uncertainties that could materially impact actual results, including commodity price volatility, hedging activities, exploration and acquisition success, reserve estimation accuracy, political developments, and financial market conditions.

Key Highlights

1EOG Resources provided updated forecasts for Q2 and Full Year 2002 operations.
2The company's guidance is based on currently available information and expectations.
3Guidance is not provided for 'other income,' 'other expense,' or 'gain/loss on asset sales' unless specified.
4Existing natural gas and crude oil price swap contracts for 2002 remain as previously disclosed.
5The filing includes a strong cautionary statement regarding forward-looking statements and potential risks.
6Key risks identified include commodity price fluctuations, hedging effectiveness, reserve estimation, and geopolitical factors.

EOG RESOURCES INC 8-K Report (Apr 29, 2002)

Summary

Key Highlights

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