EOG Resources Declares Quarterly Dividend

The Board of Directors of EOG Resources, Inc. (NYSE: EOG) has declared its regular quarterly dividend of $.06 per share on the common stock of the company, payable July 30, 2004, to shareholders of record as of July 16, 2004. The indicated annual rate is $0.24.

The Board of Directors of EOG Resources, Inc. (EOG) declared a dividend of $17.9875 per share on the Series B Preferred Stock of the company, payable June 15, 2004 to shareholders of record as of June 8, 2004.

The Board also declared a dividend of $1,710.00 per share on the Series D Preferred Stock of the company, payable June 15, 2004, to shareholders of record as of June 14, 2004.

EOG Resources, Inc. is one of the largest independent (non-integrated) oil and natural gas companies in the United States and is the operator of substantial proved reserves in the U.S., Canada, offshore Trinidad and to a lesser extent, the United Kingdom North Sea. EOG Resources, Inc. is listed on the New York Stock Exchange and is traded under the ticker symbol "EOG".
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