EOG Resources Inc. reported updated second-quarter 2026 information on its commodity price risk management activity, disclosing that it received net cash settlements of $45 million from financial commodity derivative contracts during the quarter. The July 9, 2026 Form 8-K was furnished under Item 2.02, “Results of Operations and Financial Condition,” and focused on EOG’s hedging and pricing environment rather than announcing an acquisition, financing, executive change, dividend, or insider stock transaction. The filing does not report any share purchases or sales, option exercises, equity awards, or changes in beneficial ownership. EOG said it uses financial price swap, option, swaption, collar and basis swap contracts—collectively described as “Financial Commodity Derivative Contracts”—to improve the certainty of future revenues and cash flows. The company accounts for those contracts using mark-to-market accounting, meaning changes in fair value can affect reported results. EOG also applies mark-to-market accounting to a 10-year natural gas sales agreement linked to Brent crude oil prices, referred to as the Brent Linked Gas Sales Contract. For the quarter ended June 30, 2026, EOG received $45 million in net cash from settlements of its Financial Commodity Derivative Contracts. The company said it received no cash related to the Brent Linked Gas Sales Contract during the period because deliveries under that agreement are expected to begin in January 2027. EOG also provided commodity benchmark context for the quarter. During the second quarter of 2026, U.S. NYMEX West Texas Intermediate crude oil averaged $92.85 per barrel, while NYMEX natural gas at Henry Hub averaged $2.89 per million British thermal units. The company noted that its actual realized prices for crude oil and natural gas differ from those benchmarks because of delivery location, basis differentials, product quality and other revenue adjustments. It added that natural gas liquids realizations depend on the mix of extracted components, including ethane, propane, butane and natural gasoline, and the market pricing for each. The filing matters because derivative settlements can meaningfully affect near-term cash flows and reported earnings for oil and gas producers, particularly when commodity prices are volatile. EOG’s disclosure indicates that its hedging portfolio produced positive cash settlements in the second quarter, while its Brent-linked gas contract had not yet begun contributing cash because deliveries are scheduled for 2027. The report was signed by Ann D. Janssen, EOG’s Executive Vice President and Chief Financial Officer.