EOG Resources

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EOG Resources INC.

Type	Public (NYSE: EOG)
Founded	1999[1]
Founder(s)	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	$4.19 Billion (2007)[3]
Net income	$1.089 Billion (2007)[3]
Employees	1,800[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 and Tobago; London, England[5]
Website	http://www.eogresources.com

Heritage Plaza, which has the headquarters of EOG Resources

EOG Resources is a Fortune 500 company with its headquarters in the Heritage Plaza building in Downtown Houston, Texas.^[6] This company is one of the largest independent oil and natural gas companies in the United States with proven reserves in the United States, Canada, offshore Trinidad and the United Kingdom North Sea. EOG Resources, Inc. is listed on the New York Stock Exchange and is traded under the ticker symbol "EOG".

History

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1999

• EOG Resources declares independence 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.^[7]

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 million cubic feet (1.7×10^⁶ m³) per day of natural gas for an ammonia plant.^[7]

2001

• EOG's reserves total 4.229 trillion cubic feet (119.8×10^⁹ m³).^[7]

2002

• EOG's reserves total 4.3 trillion cubic feet (120×10^⁹ m³).^[7]

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 (150×10^⁹ m³).
• EOG creates England division.^[7]

2004

• EOG's reserves total 5.6 trillion cubic feet (160×10^⁹ m³).^[7]

2005

• EOG's reserves total 6.2 trillion cubic feet (180×10^⁹ m³).
• EOG's stock performs a 2 for 1 split.^[7]

2006

• EOG's reserves total 6.8 trillion cubic feet (190×10^⁹ m³).^[7]

In 2006 EOG Resources announced that it was moving its headquarters from Three Allen Center to the Heritage Plaza. The firm signed a 15-year lease for 200,000 square feet (19,000 m²). The firm planned to move around 400 employees from Three Allen Center to Heritage around early 2007.^[8]

EOG Office - Corpus Christi Division.

References

External links

Companies portal

Houston portal

• EOG Resources