Investor Presentaiton
2023 Game Plan: Focused on Shareholder Value
Volumes
Capital Program
4741
461
2022
+3%
MBOPD
2023E
908
9861
+9%
MBOEPD
2022
2023E
Cash Operating Costs² and DD&A ($/Boe)
$21.163
$20.65¹
DD&A
Cash Operating Costs
74%
$6.0 Bn¹
Premium Drilling - 625 Net Completions
Gathering, Processing & Other
Exploration
12%
6%
3% 3%
2%
Free Cash Flow at $80 WTI
$5.5 Bn
FCF1,4
$6.0 Bn¹
Capital Program
Facilities
International-5 Net Completions
Environmental Projects
$1.00/Share Special
Dividend to be Paid in
March
Minimum 60% of Annual
Free Cash Flow Committed to
Shareholder Returns
2022
2023E
2023E
(1)
Based on midpoint of full-year 2023 guidance, as of February 23, 2023.
(2)
Total LOE, Transportation, Gathering and Processing and G&A expense
(3)
(4)
Includes G&A expense (non-GAAP) for 2022; see slide 7 of Supplemental Presentation for related data. See accompanying schedules for reconciliations and definitions of non-GAAP measures and other measures.
Cash provided by operating activities before changes in working capital less CAPEX. Assumes $3.25 Henry Hub natural gas price for 2023.
4Q 2022
eog
st
4View entire presentation