Eog Resources Inc. (EO5)

Overview

EOG Resources, Inc., initially known as Enron Oil & Gas Company, was established in 1985 and now operates with its subsidiaries, primarily engaging in the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas. Its operations are widespread, including multiple producing basins in the United States, the Republic of Trinidad and Tobago, and other international locations. The company has its headquarters in Houston, Texas, indicating its strong presence in the heart of the energy industry in the U.S.

Products and Services

• Crude Oil:

  EOG Resources, Inc. extracts and markets crude oil. Their operations span across prime oil-producing basins, leveraging advanced technology for efficient extraction and sustainability. This resource is pivotal for various industries and remains a primary focus of their production efforts.

• Natural Gas Liquids (NGLs):

  The company also specializes in the extraction and sale of natural gas liquids. These hydrocarbons, found in the raw natural gas stream, include ethane, propane, butanes, and pentanes. NGLs have extensive applications ranging from heating fuels to petrochemical feedstocks, embodying a critical component of EOG Resources’ product portfolio.

• Natural Gas:

  Alongside oil and NGLs, EOG Resources is a prominent producer of natural gas. This product is essential for power generation, heating, and as a fuel source for industries. Their expertise in gas extraction and marketing underscores their diversified energy portfolio.