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Ezra Yacob

Chief Executive Officer & Chairman, Eog Resources

Search every verified Ezra Yacob interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Ezra Yacob, Chairman and CEO of EOG Resources, has recently discussed the state of global oil markets and U.S. production at energy industry events. At the Energy Future Forum in May 2026, he said that oil prices are typically set on the margin, with a one-million-barrel-per-day shift in supply or demand having a significant ripple effect, and noted that current market conditions are more volatile than normal. He also highlighted EOG's recent success in unlocking the oil window in the Utica Shale, an area historically known for gas, and pointed to Argentina's Vaca Muerta and other global unconventional resources as longer-term supply opportunities. Yacob expressed optimism about permit reform discussions, stating that consistent timelines and coordination between agencies could make the U.S. the easiest place to identify, permit, and construct energy projects, and emphasized that reliable, responsibly produced energy gives the U.S. a competitive advantage. In earlier appearances, Yacob has addressed the need for continued investment in oil and gas. At UT Energy Week in April 2024, he presented scenarios from the EIA, OPEC, and IEA, noting that all forecasts require continued expansion of the industry. He also stated that U.S. technically recoverable resources are substantial—373 billion barrels of oil and 2,925 trillion cubic feet of gas—but that less than 10% are currently proven reserves, underscoring the role of innovation in unlocking them. During EOG's Q1 2024 earnings call, he described the oil macro environment as "dynamic but overall constructive," citing strong U.S. demand and flat rig counts as factors shaping the supply outlook for the year.

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