EOG Resources

EOG Resources, Inc. (NASDAQ: EOG) is a Delaware corporation engaged in the exploration, development, production and marketing of crude oil, natural gas liquids and natural gas. The company operates primarily in major producing basins across the United States, with additional operations offshore Trinidad and Tobago and onshore in the Kingdom of Bahrain and the United Arab Emirates. EOG's website is www.eogresources.com.

The company's core business centers on crude oil and natural gas exploration and production. As of December 31, 2025, EOG's total estimated net proved reserves were 5,514 million barrels of oil equivalent, with approximately 99 percent located in the United States and 1 percent in Trinidad. The reserve composition includes 1,905 million barrels of crude oil and condensate, 1,510 million barrels of natural gas liquids, and 12,592 billion cubic feet of natural gas.

EOG's United States operations span multiple productive basins with significant activity in the Delaware Basin, South Texas, Appalachian Basin, and Rocky Mountain regions. The Delaware Basin represents the company's largest producing area, followed by South Texas operations including the Eagle Ford and Dorado plays. The Appalachian Basin operations focus on the Utica play, where EOG holds approximately 1.1 million net acres. International operations include offshore production in Trinidad, exploration activities in Bahrain, and unconventional oil exploration in the United Arab Emirates.

The company employed approximately 3,400 persons as of December 31, 2025, including foreign national employees. EOG's strategy emphasizes being among the highest return and lowest cost producers while maintaining strong environmental performance. The company focuses on internally generated prospects to find and develop low-cost reserves, utilizing advanced technologies including three-dimensional seismic data, reservoir simulation models, and improved drilling and completion technologies for horizontal wells.

EOG's marketing approach involves diversified sales channels for its production. Crude oil is transported by pipeline to downstream markets or sold at various U.S. locations including the Gulf Coast, Cushing, the Permian Basin, and the Northeast. Natural gas liquids are processed at company-owned or third-party facilities and sold at prevailing market prices. Natural gas production is primarily transported by pipeline throughout the United States and to the Dawn Hub in Ontario, with pricing based on spot market prices at ultimate sales points.