EOG Resources, Inc. (EOG)

thunderbelly1941 (30.50) Submitted: 3/14/08 2:48 PM : Start Price: $122.91 EOG Score: -14.96

Energy is on everyones mind. This company controls a lot of different kinds of energy, and is located in a number of contries. They control everything from exploring for the energy to mining and extraction of it. EOG Resources, Inc. (EOG), together with its subsidiaries, explores for, develops, produces and markets natural gas and crude oil primarily in major producing basins in the United States, Canada, offshore Trinidad, the United Kingdom North Sea and other international areas. As of December 31, 2007, EOG's total estimated net proved reserves were 7,745 billion cubic feet equivalent (Bcfe), of which 6,669 billion cubic feet (Bcf) were natural gas reserves and 179 million barrels (MMBbl), or 1,076 Bcfe, were crude oil, condensate and natural gas liquids reserves. At December 31, 2007, approximately 67% of EOG's reserves (on a natural gas equivalent basis) was located in the United States, 17% in Canada and 16% in Trinidad.

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