EOG Resources, Inc. is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States with proved reserves in the United States, Trinidad, the United Kingdom and China. EOG Resources is listed on the New York Stock Exchange (NYSE) and is traded under the ticker symbol “EOG.”
EOG’s strategy is to get the best rates of return by controlling operating and capital costs and maximizing reserve recoveries. The strategy is intended to enhance cash flow and earnings from each unit of production on a cost-effective basis, thus allowing the company to deliverlong-term shareholder value while maintaining a strong balance sheet. The company emphasizes the drilling of internally generated prospects in order to find and develop low-cost reserves. EOG strives to maintain the lowest possible operating cost structure that is consistent with prudent and safe operations.