EOG Resources

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EOG Resources INC.
Type Public
Founded 1999[1]
Founder Mark G. Papa
Headquarters Houston, USA
Key people Mark G. Papa,CEO;
Edmund P. Segner, President;
Loren M. Leiker, Executive VP;
Gary L. Thomas, Executive VP;
Barry Hunsaker, Senior VP
Sandeep Bhakhri, CIO[2]
Products Petrochemical products
Operating income $3,620,000,000 (2005)[3]
Net income $1,252,000,000 (2005)[3]
Employees 1,400[4]
Divisions Houston, Texas;
Corpus Christi, Texas;
Fort Worth, Texas;
Tyler, Texas;
Midland, Texas;
Denver, Colorado;
Pittsburgh, Pennsylvania;
Oklahoma City, Oklahoma;
Calgary, Canada;
Port of Spain, Trinidad;
London, England[5]
Website http://www.eogresources.com

EOG Resources NYSE: EOG is a Fortune 600 company based in Houston, Texas. This company is one of the largest independent oil and natural gas companies in the United States.


[edit] History

1999

  • EOG Resources declares independance from Enron Corporation.
  • They adopt the moniker Energy Opportunity Growth.
  • Chairman and CEO Forrest E. Hoglund retires.
  • Mark G. Papa is elected CEO, Edmund Segner is elected President.[6]

2000

  • EOG opens ninth division office in Pittsburgh.
  • EOG 2nd active driller in the US.
  • EOG signs contract with the Natural Gas Company of Trinidad and Tobago Gas Limited that provides them with 60 Mmcf/d of natural gas for an ammonia plant.[6]

2001

  • EOG's reserves total 4.229 trillion cubic feet.[6]

2002

  • EOG's reserves total 4.3 trillion cubic feet.[6]

2003

  • EOG closes its largest acquisition in history by buying property in southeast Alberta, Canada. Total cost: $320 million.
  • EOG's reserves total 5.2 trillion cubic feet.
  • EOG creates England division. [6]

2004

  • EOG's reserves total 5.6 trillion cubic feet.[6]

2005

  • EOG's reserves total 6.2 trillion cubic feet.
  • EOG's stock performs a 2 for 1 split.[6]

2006

  • EOG's reserves total 6.8 trillion cubic feet.[6]

2007

EOG Office - Corpus Christi Division.
EOG Office - Corpus Christi Division.

[edit] References

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