Fact Sheet
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Overview    |     Business Strategy    |     Financial Highlights    |     Operating Areas
Production and Reserves Data    |     Focused on Increasing Oil Mix    |     Executive Officers    |     Contact Information

March 2015
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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, Canada, 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 goals remain consistent – to deliver the highest shareholder appreciation measured by total shareholder returns and to be the most profitable independent exploration and production company in terms of return on capital employed.

As of December 31, 2014, EOG’s total estimated net proved reserves were 2,497 million barrels of oil equivalent (MMBoe) and were comprised of 46 percent crude oil and condensate, 19 percent natural gas liquids (NGLs/NGL) and 35 percent natural gas. Approximately 97 percent of these reserves were located in the United States. Driven by strong U.S. liquids reserves growth, EOG increased its total company net proved reserves 18 percent in 2014.

EOG’s total company production in 2014 was 217.1 MMBoe. For the full year, crude oil and condensate production increased 31 percent year over year, propelled by 33 percent growth in the United States. NGL production increased 23 percent, while natural gas production was flat. Overall, total company production increased 17 percent.

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Business Strategy

  • Grow by drilling low-cost, internally generated prospects rather than through acquisitions
  • Capture an early-mover advantage in key resource plays
  • Maintain a strong balance sheet with a moderate net debt-to-total capitalization ratio
  • Focus on high rate-of-return drilling opportunities
  • Continue to increase the percentage of crude oil and NGLs in the EOG portfolio, emphasizing U.S. production

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2014 Financial Highlights

  • Net Operating Revenues -- $18 billion
  • Net Income -- $2.9 billion
  • NYSE Stock Price Range ($/Share)
    • High: $118.89
    • Low: $80.63
    • Year-end Close: $92.07
  • Market Capitalization on Dec. 31 -- $50.5 billion

Operating Areas

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2014 Production and Proved Reserve Data

  Production (MBoed) Net Proved Reserves (MMBoe)
United States 515.0 2,414.2
Canada 16.7 2.0
Trinidad 61.5 69.0
Other International (China, United Kingdom and Argentina) 1.5 12.1
Total Company 594.7 2,497.3

Focused on Increasing Oil Mix

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  • Largest onshore crude oil producer in the Lower 48 United States
  • Largest crude oil producer in the Eagle Ford and in the state of Texas
  • One of the largest crude oil producers in the Bakken/Three Forks in North Dakota
  • Surpassed a total gross production milestone of 200 million barrels of oil pumped from its premier South Texas Eagle Ford asset

SEC Filings

Executive Officers

William R. Thomas

Chairman and Chief Executive Officer

Gary L. Thomas

President and Chief Operating Officer

Lloyd W. Helms, Jr.

Executive Vice President, Exploration and Production

David W. Trice

Executive Vice President, Exploration and Production

Contact Information

EOG Corporate Headquarters
1111 Bagby, Sky Lobby 2
Houston, TX 77002

P.O. Box 4362
Houston, TX 77210-4362

(713) 651-7000
Toll Free: (877) 363-3647

Cedric Burgher
Senior Vice President, Investor and Public Relations

David Streit
Director, Investor Relations

Kim Ehmer
Manager, Investor Relations

K Leonard
Manager, Public Relations

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