EOG Updates Q3 2026 Current Tax Expense Guidance to $835M-$935M, Citing Oil Prices
· The NYC Memo
EOG Resources, Inc. updated its third quarter 2026 current tax expense guidance on October 8, 2026. The company now expects the expense to be between $835 million and $935 million, an increase from the previously forecasted $545 million to $645 million, primarily due to higher crude oil prices. EOG also reported receiving net cash of $40 million from settlements of Financial Commodity Derivative Contracts during Q3 2026.