About EOG Resources, Inc. (EOG)

Company Description:

EOG Resources, Inc. is a leading name in the energy sector, primarily focusing on the exploration, development, production, and marketing of crude oil and natural gas. The company operates through the Oil and Gas Exploration & Production (E&P) industry.

EOG Resources was formed in 1999 following the spin-off of Enron Corp's oil and gas unit. The company's headquarters are located in Houston, Texas, United States, symbolizing its strong roots in the energy-rich state.

Main Product(s):

EOG Resources is engaged in the extraction of oil and natural gas. The company's operations are mainly concentrated in the United States, Trinidad, and the United Kingdom, with a significant portion of its production derived from unconventional plays, especially in the shale formations.

Short History of EOG Resources, Inc.:

• 1999 – EOG was spun off from Enron Corp.
• Early 2000s – Began focusing on natural gas and later shifted towards oil.
• 2010s – EOG gained recognition for its early adoption of horizontal drilling and hydraulic fracturing in shale plays.
• Recent Years – Continued to enhance its portfolio with a focus on cost-effective and environmentally responsible exploration and production.