December 19, 2025 - 10:34

In early December 2025, EOG Resources announced the expansion of its financial capabilities by securing a new unsecured revolving credit facility worth US$3.00 billion, set to mature in 2030. This strategic move aims to enhance the company's liquidity, allowing for greater flexibility in its operations and investments. Additionally, the company appointed seasoned energy finance expert John D. Chandler to its board and audit committee, further strengthening its governance structure.
However, these developments come at a time when EOG is facing scrutiny due to a recent well pad explosion in Ohio, which has raised significant operational and environmental, social, and governance (ESG) concerns. The incident has prompted questions about the company's risk management practices and its commitment to safety standards. As EOG navigates these challenges, the market has reacted negatively, with the company’s stock experiencing a notable decline of 6.3%. Investors will be closely monitoring how EOG balances its financial strategies with the imperative of addressing operational risks.
December 18, 2025 - 23:32
UCLA Graduate Students Reflect on Their Roles in L.A. City Council's Inaugural Budget and Finance Advisory CommitteeTwo graduate students from UCLA, Golden Bachelder and Prokriti Monolina, are making waves as fellows on the Los Angeles City Council`s first-ever Budget and Finance Advisory Committee. Their unique...
December 18, 2025 - 02:02
Richmond Urged to Create Unified Financial OversightIn a recent statement, the Chief Administrative Officer (CAO) emphasized the necessity for Richmond to establish a single, reliable source of truth regarding the city’s financial matters. This...
December 17, 2025 - 07:09
Former Atlanta Hawks Executive Admits to Wire Fraud ChargesIn a significant legal development, Lester Jones, the former senior vice president of finance for the Atlanta Hawks, has pleaded guilty to federal wire fraud. This plea comes after he was indicted...
December 16, 2025 - 20:29
Exciting Car Finance Offers to Consider This December 2025In the waning days of 2025, here are some deals worth looking at for those in the market for a new vehicle. As the year comes to a close, various dealerships are rolling out attractive financing...