EOG Resources


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

Rig Productivity is a Red Herring

Rig productivity and drilling efficiency are red herrings. A red herring is something that ?takes ?attention away from a more ?important ?subject. Rig productivity and drilling efficiency distract from the truth that tight oil producers are losing money at low oil prices. Pad drilling allows many ... Tuesday, September 8, 2015

EOG Resources reports second quarter results

Increases Returns in All Key Plays with Improved Well Productivity, Lower Costs Maintains 2015 Total Company Oil Production Guidance; Reduces 2015 Capital Spending Guidance by $200 million Announces New Williston Basin Resource Potential ­Increases Bakken and Three Forks Net Reserve Potential b... Friday, August 7, 2015

Marin Kutusa: Tricks Anybody Can Use to Out-Invest the Top Fund Managers

You don't have to be a geologist or a workaholic fund manager to spot deals in the natural resources space—although it helps if you know a good one. Focus on the people behind the company, find out if they have skin in the game, and wait until you can get in at a lower price than their price. ... Wednesday, July 1, 2015

EOG Resources reports first quarter 2015 loss of $169.7 million

EOG Resources, Inc. (NYSE: EOG) (EOG) today reported a first quarter 2015 net loss of $169.7 million, or $0.31 per share. This compares to first quarter 2014 net income of $660.9 million, or $1.21 per share. Highlights Remains on Track to Achieve 40 Percent Year-over-Year Capital Expenditure Decrea... Tuesday, May 5, 2015

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

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