Fact Sheet
page title image

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

March 2014
Download PDF (685 KB)


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, Inc. 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 stockholder appreciation measured by stockholder returns and to be the most profitable independent exploration and production company in terms of return on capital employed.

As of December 31, 2013, EOG’s total estimated net proved reserves were 2,119 million barrels of oil equivalent (MMBoe). Approximately 94 percent of these reserves were located in the United States, 4 percent were in Trinidad, 1 percent were in Canada and 1 percent were in other international locations. Total company net proved liquids reserves increased 25 percent, year-over-year, and comprised 60 percent of the company’s total net proved reserves at year-end.

EOG’s total company production in 2013 was 186.2 MMBoe. Driven by a 40 percent increase in crude oil and condensate production, the company had a 9 percent overall increase in production compared to 2012. Approximately 88 percent of the company’s 2013 total production was in the United States and Canada.

gif image of chart
image of chart
gif image of chart

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 low net debt-to-total capitalization ratio
  • Focus on high rate-of return drilling opportunities
  • Continue to increase the percentage of crude oil and natural gas liquids in the EOG portfolio, emphasizing U.S. production

Top of Page

2013 Financial Highlights

  • Net Operating Revenues -- $14.5 billion
  • Net Income -- $2.2 billion
  • NYSE Stock Price Range ($/Share)
    • High: $188.30
    • Low: $112.05
    • Year-end Close: $167.84
  • Market Capitalization on Dec. 31 -- $45.8 billion

Operating Areas

png of map

Top of Page

2013 Production and Proved Reserve Data

  Production (MBoed) Net Proved Reserves (MMBoe)
United States 427.9 1,989.2
Canada 20.5 28.3
Trinidad 60.4 88.3
Other International (China, United Kingdom and Argentina) 1.3 12.7
Total Company 510.1 2,118.5

Focused on Increasing Oil Mix

Pie chart showing North American Production Volumes
  • Largest onshore crude oil producer in the continental 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
  • Targeting 27% crude oil production growth in 2014

SEC Filings

Executive Officers

William R. Thomas

Chairman of the Board and Chief Executive Officer

Gary L. Thomas

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

Maire A. Baldwin
Vice President, Investor Relations

David Streit
Director, Investor Relations

Kim Matthews
Manager, Investor Relations

K Leonard
Manager, Public Relations

Top of Page