EOG Resources – Company Information

0

EOG Resources, Inc. is one of the world’s leading independent natural gas and crude oil companies in the US.

The company, based in Houston, Texas, is publicly listed on the New York Stock Exchange (NYSE) under the stock ticker symbol ‘EOG’.

Its goal is “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.”

The history of EOG traces back to a divison of Enron called Enron Oil and Gas, which became independent from in 1999 and changed its named to EOG Resources, Inc. (EOG).

EOG has proved reserves in Canada, the United States, the United Kingdom, China, and Trinidad. In total (as of December, 2013) the company has total estimated net proved reserves of 2,119 million barrels of oil equivalent (MMBoe), of which 901 million barrels (MMBbl) were crude oil and condensate reserves, 377 MMBbl were natural gas liquids (NGLs) reserves and 5,045 billion cubic feet, or 841 MMBoe, were natural gas reserves.

It is the largest onshore crude oil producer in the continental United States, the largest crude oil producer in the Eagle Ford and in the state of Texas, and one of the largest crude oil producers in the Bakken/Three Forks in North Dakota.

Overview

eog resources


Operating data (in $ thousands) 2013 2012
Net revenue $14,487,118 $11,682,636
Total operating expenses $10,811,907 $10,202,839
Operating Income $3,675,211 $1,479,797
Other Income (Expense), Net $(2,865) $14,495
Income before interest expense and income taxes $3,672,346 $1,494,292
Income before income taxes $3,436,886 $1,280,740
Net income $2,197,109 $570,279
Balance sheet data (in $ thousands)
Total assets $30,574,238 $27,336,578
Long-term debt $5,906,642 $5,905,602
Total stockholders’ equity $15,418,459 $13,284,764
Cash flow data (in $ thousands)
Net cash provided by operating activities $7,329,414 $5,236,777
Net cash used in investing activities $(6,314,778) $(6,119,263)
Net cash provided by (used in) financing activities $(573,926) $1,139,751
Cash and cash equivalents at end of period $1,318,209 $876,435
Common share data (in $)
Basic earnings (loss) per common share $8.13 $2.13
Diluted earnings (loss) per common share $8.04 $2.11

Source: “EOG Resources, Inc. 2013 Annual Report”


You might also like More from author

Leave A Reply

Your email address will not be published.