EOG Resources is an oil and gas company based in Stanley, North Dakota. With a decentralized structure, the company achieved outstanding financial performance in 2022, earning record net income and generating significant free cash flow. EOG also demonstrated a commitment to shareholder returns by increasing dividend rates and paying special dividends. Additionally, the company made advancements in exploration, reducing greenhouse gas emissions, and implementing new technologies for methane leak detection.
Despite challenges in the industry, such as the COVID-19 pandemic and oil price fluctuations, EOG Resources has consistently delivered strong results. In recent years, the company has increased its dividend rates, expanded its premium drilling locations, and improved key environmental, social, and governance (ESG) metrics. With a focus on double-digit returns and growth, EOG continues to be a leader in the oil and gas sector, driving innovation and sustainable practices.
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