2004 annual Report to Shareholders  
EOG Resources  

Financial and Operating Highlights Letter to Shareholders Operations Map Financial Review Print Version
 
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QUARTERLY STOCK DATA AND RELATED SHAREHOLDER MATTERS

    The following table sets forth, for the periods indicated, the high and low sales prices per share for the common stock of EOG, as reported on the New York Stock Exchange Composite Tape, and the amount of common stock dividend declared per share. The information shown in the following table is not adjusted for the 2005 stock split discussed below.



    On February 2, 2005, EOG announced that the Board of Directors had approved a two-for-one stock split in the form of a stock dividend, payable to record holders as of February 15, 2005 and to be issued on March 1, 2005. In addition, the Board increased the quarterly cash dividend on the common stock by 33%, resulting in a quarterly cash dividend of $0.08 per share pre-split or $0.04 per share post-split. The stock split was the second stock split in the history of EOG. On June 15, 1994, EOG also effected a two-for-one stock split in the form of a stock dividend.
    As of February 24, 2005, there were approximately 270 record holders of EOG’s common stock, including individual participants in security position listings. There are an estimated 77,750 beneficial owners of EOG’s common stock, including shares held in street name.
    EOG currently intends to continue to pay quarterly cash dividends on its outstanding shares of common stock. However, the determination of the amount of future cash dividends, if any, to be declared and paid will depend upon, among other things, the financial condition, funds from operations, level of exploration, exploitation and development expenditure opportunities and future business prospects of EOG.

   
 
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