EOG Resources, headquartered in Houston, Texas, explores and produces crude oil and natural gas, employing 3,050 people. The company operates primarily in major U.S. basins and Trinidad, holding significant acreage in Eagle Ford and Dorado.
EOG has been in the news recently: EOG Resources, Inc. saw its shares decline in premarket trading following the announcement of a $5.6 billion acquisition deal for Encino Acquisition Partners, which includes taking on its net debt. Meanwhile, Coterra Energy is considering reviving the Constitution Pipeline to potentially increase natural gas production from the Marcellus region.
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