EOG Resources posts $2.8B Q3 net income, raises dividend 8%, and signs long-term gas deal linked to JKM pricing.

EOG Resources reported a strong Q3 2026 with net income of $2.8 billion and adjusted net income of $2.5 billion, driven by record production and cost efficiencies. The company generated $2.2 billion in free cash flow, increased its quarterly dividend by 8% to $1.10 per share, and repurchased $1 billion in shares. EOG also secured a new long-term gas sales agreement linked to JKM pricing starting in 2030, expanding its premium market exposure. The company plans to expand its Janus gas processing plant, signaling confidence in long-term growth and shareholder returns.

Following EOG Resources' announcement of strong Q3 results and an 8% dividend increase, the stock is trading at USD 145.49 on Pluang as of Nov 06, 2026 04:32 WIB. Despite the positive news, the share price is down 1.07% for the day, with a market cap of $77.14 billion. Investors on Pluang show a buying interest with 68% of order activity favoring purchases, while the dividend yield stands at 2.77%.