Quantitative Reconciliation of After-Tax Interest Expense (Non-GAAP) and Net Debt (Non-GAAP) as Used in the Calculation of the Return on Capital Employed (ROCE) to Interest Expense (GAAP) and Current and Long-Term Debt (GAAP), Respectively

    The following chart reconciles Interest Expense (GAAP) and Current and Long-Term Debt (GAAP) to After-Tax Interest Expense (Non-GAAP) and Net Debt (Non-GAAP), respectively, as used in the Return on Capital Employed (ROCE) calculation. EOG believes this presentation may be useful to investors who follow the practice of some industry analysts who utilize After-Tax Interest Expense and Net Debt in their ROCE calculation. EOG management uses this information for comparative purposes within the industry.

Debt-to-Total Capitalization Ratio
    As used in this ratio, Total Capitalization is the sum of Current and Long-Term Debt and Total Stockholders’ Equity