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.
At year-end 2013, EOG had approximately 2,800 employees.