About EOG Resources
EOG Resources specializes in the exploration, development, production, and marketing of crude oil, natural gas, and natural gas liquids, primarily in the United States and also in Trinidad, the UK, and China. The company maintains a low-cost structure and high returns on capital through advanced drilling techniques and efficient production practices, generating revenue from the sale of hydrocarbons. EOG differentiates itself with a decentralized decision-making process that fosters innovation and quick responses to market changes. The goal is to excel in the energy sector while providing value to shareholders through dividends and share repurchases.
Houston, TexasHeadquarters
1999Year Founded
IPOCompany Stage
EnergyIndustries
1,001-5,000Employees
Risks
Increased competition in the Eagle Ford Basin may impact EOG's market share.
Expansion into Ohio could lead to regulatory challenges and higher costs.
Reliance on AI in operations risks disruptions if technology fails.
Differentiation
EOG Resources excels in using AI for efficient oil and gas exploration.
The company maintains a low-cost structure with high returns on capital.
EOG's decentralized approach fosters quick decision-making and innovation.
Upsides
EOG's expansion in Ohio leverages AI for enhanced operational efficiency.
Mergers in the shale sector offer EOG opportunities for strategic expansion.
Growing ESG focus enhances EOG's appeal to sustainability-conscious investors.
Funding
Total raised$6
StageIPO
POST IPO EQUITY
11/30/2023$6