EOG Resources (EOG) Sector
Energy

(Current) $123.27
-1.36 (-1.09%) Open Price: 124.03

 

EOG Resources, Inc. is an American crude oil and natural gas exploration and production company headquartered in Houston, Texas. It was founded in 1999 and has since grown to become one of the largest independent oil and gas companies in the United States. EOG Resources has a presence in multiple basins across the United States, including the Permian Basin, the Eagle Ford Shale, and the Bakken Shale.

 

EOG Resources focuses on exploring for and producing crude oil, natural gas liquids, and natural gas. The company utilizes advanced drilling technologies and techniques to extract oil and gas from unconventional resources such as shale formations. In addition to exploration and production, EOG Resources also operates its own marketing and transportation infrastructure to bring its products to market.

 

EOG Resources has a reputation for innovation and efficiency in the oil and gas industry. The company was an early adopter of horizontal drilling and hydraulic fracturing techniques, which have since become standard practices in the industry. EOG Resources is also known for its focus on operational efficiency and cost control, which has allowed it to maintain profitability even during periods of low oil and gas prices.

 

EOG Resources has a strong financial position and a track record of delivering value to its shareholders. The company has consistently generated positive cash flow from operations and has a history of paying dividends to its shareholders. EOG Resources is also committed to maintaining a strong balance sheet and has a low debt-to-capital ratio compared to its peers in the industry.

 

As a leading independent oil and gas company, EOG Resources is well-positioned to navigate the challenges of the constantly evolving energy market. The company's focus on innovation and operational efficiency, combined with its strong financial position, give it a competitive advantage in the industry.

 

(05/23/24) $124.03
(05/25/24) $124.63
(05/25/24) (Qty.)3,687,752
(05/23/24) $123.88
(05/23/24) $127.30
(05/19/24) $123.88
(05/05/24) $132.14
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