EOG Resources, Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

November 2024 | 50 pages | ID: E260FAFA48FBEN
BAC Reports

Abstracts

EOG Resources, Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between EOG Resources, Inc. and its competitors. This provides our Clients with a clear understanding of EOG Resources, Inc. position in the Energy Industry.

• The report contains detailed information about EOG Resources, Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for EOG Resources, Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The EOG Resources, Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes EOG Resources, Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of EOG Resources, Inc. business.

About EOG Resources, Inc.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas and crude oil primarily in the United States of America, Canada, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The People's Republic of China (China), and selective other international areas.

As of December 31, 2009, the company’s total estimated net proved reserves were 10,776 billion cubic feet equivalent (Bcfe), of which 8,898 billion cubic feet were natural gas reserves and 220 million barrels or 1,317 Bcfe, were crude oil and condensate reserves and 93 MMBbl, or 561 Bcfe, were natural gas liquids reserves.

Segments

The company's operations are all natural gas and crude oil exploration and production related.

EXPLORATION AND PRODUCTION

United States and Canada Operations

EOG's operations are focused on most of the productive basins in the United States and Canada.

United States: As of December 31, 2009, the company held approximately 4,185,000 net undeveloped acres in the United States. In 2009, the company completed 116 net gas wells in the Barnett Shale play of the Fort Worth Basin. During 2009, the company completed 94 net Combo wells in the Barnett Shale play. The company holds approximately 1.5 million net acres in the Rocky Mountain area, including approximately 500,000 net acres throughout the Williston Basin of North Dakota and Montana available for exploration in the Bakken and Three Forks plays. In addition, the company also holds acreage in the Rocky Mountain area relating to certain potential exploration and development prospects which EOG is evaluating.

During 2009, the company drilled 106 net wells in the Uinta Basin, Utah, and 57 net wells in the Williston Basin. The company acquired approximately 230 square miles of 3-D data and added 100,000 net acres during 2009. It holds approximately 490,000 net acres throughout the Permian Basin area. In 2009, the company acquired 39,500 net unproved acres in Nacogdoches County, Texas, within the Haynesville and Bossier Shale formations.

In 2009, EOG placed into operation one 40 MMcfd natural gas processing plant in the Barnett Combo play of North Texas, and began construction of a second 40 MMcfd processing unit. In the North Dakota Bakken play, EOG constructed and placed in service during February 2010 a 76-mile, 12-inch diameter dense phase natural gas gathering pipeline connecting its Stanley, North Dakota, gathering system with the Alliance Pipeline, near Upham, North Dakota. The Alliance Pipeline transports natural gas to the Chicago, Illinois, area. EOG also replaced its 20 MMcfd natural gas liquids processing plant, located near Stanley, North Dakota, with an 80 MMcfd refrigeration oil/condensate removal plant.

Canada: The company conducts operations through its subsidiary, EOG Resources Canada Inc. (EOGRC), from offices in Calgary, Alberta. As of December 31, 2009, EOGRC held approximately 1,660,000 net undeveloped acres in Canada. During 2009, EOGRC drilled or participated in 98 net wells, 60 of which were horizontal wells and 38 of which were vertical wells.

Operations outside the United States and Canada

The company has operations in Trinidad, the United Kingdom North Sea and East Irish Sea, and the China Sichuan Basin.

Trinidad: The company, through its subsidiaries, including EOG Resources Trinidad Limited, holds an 80% working interest in the South East Coast Consortium (SECC) Block offshore Trinidad, except in the Deep Ibis area; holds an 80% working interest in the exploration and production license covering the Pelican field and its related facilities; holds a 100% working interest in a production sharing contract with the Government of Trinidad and Tobago for each of the Modified U(a) Block, Modified U(b) Block and Block 4(a); owns a 12% equity interest in an anhydrous ammonia plant in Point Lisas, Trinidad, that is owned and operated by Caribbean Nitrogen Company Limited (CNCL); and owns a 10% equity interest in an anhydrous ammonia plant in Point Lisas, Trinidad, that is owned and operated by Nitrogen (2000) Unlimited (N2000).

Natural gas from EOG's Trinidad operations is sold to NGC or its subsidiary. Crude oil and condensate from the company's Trinidad operations is sold to the Petroleum Company of Trinidad and Tobago. As of December 31, 2009, the company held approximately 156,000 net undeveloped acres in Trinidad.

United Kingdom: The company's subsidiary, EOG Resources United Kingdom Limited (EOGUK), owns a 25% non-operating working interest in a portion of Block 49/16, located in the Southern Gas Basin of the North Sea. During 2009, the company completed a farm-in agreement with owners of the Central North Sea Block 15/30a Area AB. In December 2009, EOG, as operator, drilled an exploratory well on this prospect. During 2009, EOGUK drilled two exploratory wells in the East Irish Sea. Well 110/14b-7, in which EOGUK has a 70% working interest, was a dry hole while well 110/12-6, in which EOGUK has 100% working interest, was an oil discovery and was designated the Conwy field. As of December 31, 2009, the company held approximately 277,000 net undeveloped acres in the United Kingdom.

China: In July 2008, the company acquired rights from ConocoPhillips in a Petroleum Contract covering the Chuanzhong Block exploration area in the Sichuan Basin, Sichuan Province, China. In October 2008, the company obtained the rights to shallower zones on the acreage acquired. As of December 31, 2009, the company held approximately 130,000 net acres in China.

Other International: The company evaluates other select natural gas and crude oil opportunities outside the United States and Canada primarily by pursuing exploitation opportunities in countries where indigenous natural gas and crude oil reserves have been identified.

Significant Events

On July 22, 2010, Cabot Oil & Gas Corporation has entered a 50/50 joint venture agreement with EOG Resources, Inc. to develop approximately 18,000 acres in the mature oil window of the Eagle Ford shale in Atascosa County.

History

EOG Resources, Inc. was founded in 1985.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. EOG RESOURCES, INC. COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. EOG RESOURCES, INC. BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. EOG RESOURCES, INC. SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. EOG RESOURCES, INC. FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. EOG RESOURCES, INC. COMPETITORS AND INDUSTRY ANALYSIS

5.1. EOG Resources, Inc. Direct Competitors
5.2. Comparison of EOG Resources, Inc. and Direct Competitors Financial Ratios
5.3. Comparison of EOG Resources, Inc. and Direct Competitors Stock Charts
5.4. EOG Resources, Inc. Industry Analysis
5.4.1. Energy Industry Snapshot
  5.4.2. EOG Resources, Inc. Industry Position Analysis

6. EOG RESOURCES, INC. NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. EOG RESOURCES, INC. EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. EOG RESOURCES, INC. ENHANCED SWOT ANALYSIS²

9. UNITED STATES PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. EOG RESOURCES, INC. IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. EOG RESOURCES, INC. PORTER FIVE FORCES ANALYSIS²

12. EOG RESOURCES, INC. VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

EOG Resources, Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
EOG Resources, Inc. 1-year Stock Charts
EOG Resources, Inc. 5-year Stock Charts
EOG Resources, Inc. vs. Main Indexes 1-year Stock Chart
EOG Resources, Inc. vs. Direct Competitors 1-year Stock Charts
EOG Resources, Inc. Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

EOG Resources, Inc. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
EOG Resources, Inc. Key Executives
EOG Resources, Inc. Major Shareholders
EOG Resources, Inc. History
EOG Resources, Inc. Products
Revenues by Segment
Revenues by Region
EOG Resources, Inc. Offices and Representations
EOG Resources, Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
EOG Resources, Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
EOG Resources, Inc. Capital Market Snapshot
EOG Resources, Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Energy Industry Statistics
EOG Resources, Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
EOG Resources, Inc. Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?