EOG RESOURCES INC
For the period ended May 22, 2024. Filed Mar 28, 2024.
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May 22, 2024 · Filed Mar 28, 2024
Contents
General
For 2023 and 2022, we retained our principal auditors, Deloitte & Touche LLP (“Deloitte”), independent registered public accounting firm, to provide services in the following categories and, in consideration of such services, have paid (or will pay) to Deloitte the following amounts (which, as further discussed below, include certain estimated amounts):
Audit Fees. The aggregate fees billed for professional services rendered by Deloitte in connection with the audits of our annual consolidated financial statements for the fiscal years ended December 31, 2023 and December 31, 2022 and the reviews of our quarterly consolidated financial statements included in our Forms 10-Q for such fiscal years were $3,931,104 and $3,709,322, respectively. In addition, Deloitte renders professional services to EOG in connection with the annual statutory audits of the financial statements of our Trinidad subsidiaries. The fees billed for such statutory audits for the fiscal year ended December 31, 2022 totaled $131,228; the fees billed for such statutory audits for the fiscal year ended December 31, 2023 (which audits will be finalized in the first half of 2024) are expected to total approximately $125,000.
Audit-Related Fees. The aggregate fees billed for the fiscal years ended December 31, 2023 and December 31, 2022 for assurance and related services rendered by Deloitte that were reasonably related to the audits and reviews of our consolidated financial statements and/or the above-described statutory audits, but not reportable as Audit Fees above, were $1,000 and $6,000, respectively. Audit-Related Fees for 2023 were for services rendered in connection with our compliance with certain federal environmental-related financial assurance requirements. Audit-Related Fees for 2022 were primarily for services rendered in connection with our responses to comments received from the SEC Staff with respect to the disclosures in certain of our SEC filings.
Tax Fees. Deloitte did not render any tax compliance, tax advice or tax planning services to us for the fiscal year ended December 31, 2023 or the fiscal year ended December 31, 2022.
All Other Fees. The aggregate fees billed for services rendered by Deloitte not reportable as Audit Fees, Audit-Related Fees or Tax Fees above for the fiscal years ended December 31, 2023 and December 31, 2022 were $6,154 and $3,806, respectively. All Other Fees for 2023 and 2022 were for subscriptions for certain research-related tools.
Pre-Approval of Audit and Non-Audit Services. The Audit Committeepre-approves all audit andnon-audit services provided to us by our independent auditors at the Audit Committee’s first meeting of each calendar year and at subsequent meetings as necessary. Thenon-audit services to be provided are specified and shall not exceed a specified dollar limit.
Management is directed to provide a report to the Audit Committee, at each regular meeting of the Audit Committee, showing in reasonable detail the services provided by the independent auditors to us since the beginning of the calendar year, as well as the then-estimated costto-date of audit andnon-audit services provided.
During the course of a year, if additionalnon-audit services are deemed to be appropriate or advisable, these services are presented to the Audit Committee forpre-approval, subject to the availability of the de minimis exception fornon-audit services set forth in Section 202 of the Sarbanes-Oxley Act and in Rule 2-01 of Regulation S-X. The Audit Committee has delegated to the Chairperson of the Audit Committee the authority to approvenon-audit services provided by the independent auditors to us pursuant to such exception. None of the services rendered by Deloitte for the fiscal years ended December 31, 2023 and December 31, 2022 and reportable as Audit-Related Fees, Tax Fees or All Other Fees above were approved by the Audit Committee or the Chairperson of the Audit Committee pursuant to such de minimis exception.
64 EOG RESOURCES, INC.
ITEM 2. RATIFICATION OF APPOINTMENT OF AUDITORS
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