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Metalsguy700

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Metalsguy700

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Monday, 01/08/2007 5:13:57 PM

Monday, January 08, 2007 5:13:57 PM

Post# of 3973
EOG says to record $31.5 mln swaps gain

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Reuters U.S. Company News
2:48 p.m. 01/05/2007


NEW YORK, Jan 5 (Reuters) - U.S. oil and gas producer EOG Resources Inc (EOG) said on Friday it expected to record a $31.5 million gain for in the fourth quarter of 2006 related to gains from financial price swap contracts.

The company expects a gain of $27 million from natural gas swaps and $4.5 million from crude oil swaps.
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