EOG Resources


Description

EOG Resources, Inc. is one of the largest independent (non- integrated) oil and natural gas companies in the United States with proved reserves in the United States, Canada, Trinidad, the United Kingdom and China. EOG Resources, Inc. is listed on the New York Stock Exchange and is traded under the ticker symbol “EOG.”

At December 31, 2010, EOG’s estimated net proved crude oil, condensate and natural gas liquids reserves were 538 million barrels and estimated net proved natural gas reserves were 8,470 Bcf for a total of 1,950 million barrels of oil equivalent. Approximately 81 percent of EOG’s reserves on a crude oil equivalent basis were located in the United States, 11 percent in Canada, 7 percent in Trinidad and less than 1 percent in the United Kingdom North Sea and China. At year-end 2010, EOG had approximately 2,300 employees.


Latest EOG Resources News

If breaking up is hard to do, try not growing oil

Someone had to do it, and it might as well have been one of the biggest names in US shale. Having whittled its 2015 capital budget down to $5 billion, 40% lower than last year, US producer EOG Resources last week made the tough call of forfeiting production growth this year, saying it would drill b... Friday, February 27, 2015

Oil price, Wood Group, Sound Oil, Egdon/EOG/Union Jack- Sundry-Jupiter-Tangiers- And finally...

Oil price The honeymoon for the oil price came to an abrupt end last night and again this morning after the API announced their inventory numbers. With analysts expecting a build of around 3m barrels the stock build of 14.3m barrels shocked the market which fell as you can see above and again in sp... Thursday, February 19, 2015

Oil price, Cape, Egdon/EOG/Union Jack, Providence/Lansdowne, Sundry-BG-Leyshon-Amerisur- And finally...

Oil price Crude oil rose all but one day last week with Brent up 9.1%, 18% on a fortnight giving some traders reason to believe that the worst is behind us. Certainly the chartists I talked about last Monday are getting quite excited, for them the Brent resistance level of $56.99 has been busted and... Monday, February 9, 2015

Michael Waring has seen the energy downturn movie before, and he's not worried

With oil and gas prices down, it's time to cull the herd, sell marginal producers and double down on the strong ones in your portfolio, says Michael Waring, founder of Galileo Global Equity Advisors Inc. In this interview with The Energy Report, Waring explains that this kind of correction happe... Friday, January 30, 2015

EOG Resources divests majority of Canadian assets

EOG Resources, Inc. (NYSE: EOG) (EOG) announce the divestiture of all its assets in Manitoba and certain assets in Alberta in two separate transactions that closed on November 28 and December 1, 2014. Approximate proceeds from the divestitures were US$ 410 million, net of customary transaction adju... Tuesday, December 9, 2014

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