Company Directory - EOG Resources
Company Details - EOG Resources
EOG Resources
WebsiteHouston, United States
EOG Resources is an independent oil and natural gas company headquartered in the United States. The firm explores for, produces, and sells crude oil and natural gas, operating primarily in the continental United States as well as in select international locations. EOG is known for its focus on innovative exploration and production techniques, particularly in shale plays.
CCI Score
CCI Score: EOG Resources
-26.29
0.10%
Latest Event
EOG Resources Listed in UAE Energy Investment Framework
During a presentation by ADNOC CEO Sultan Al Jaber to President Trump, EOG Resources was featured among major US energy companies as part of a UAE initiative to boost its investments in the US energy sector to $440bn by 2035. The inclusion of EOG Resources in this framework ties the company indirectly to economic collaborations with a regime noted for authoritarian tendencies.
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ACCOMPLICE
EOG Resources is currently rated as an Accomplice.
Latest Events
- MAY162025
During a presentation by ADNOC CEO Sultan Al Jaber to President Trump, EOG Resources was featured among major US energy companies as part of a UAE initiative to boost its investments in the US energy sector to $440bn by 2035. The inclusion of EOG Resources in this framework ties the company indirectly to economic collaborations with a regime noted for authoritarian tendencies.
- APR242025
EOG Resources reported political contributions of $144,063 and lobbying expenditures of $240,000 for the 2024 cycle, based on data released by public records. This financial involvement in the political sphere raises concerns regarding corporate influence in shaping legislation that may favor industry interests over public accountability.
-30
Political Contributions and Lobbying Efforts
May 16
EOG Resources' political expenditures in the 2024 cycle, including contributions and lobbying, could be seen as efforts to shape policy in favor of corporate interests rather than ensuring democratic accountability. From an anti-fascist perspective, such corporate political influence risks reinforcing existing power structures and potentially undermining progressive, community-focused policies.
- FEB012025
LobbyMap data shows that EOG Resources is a member of associations which actively engage in undermining progressive climate policies. This come as part of LobbyMap's updated Engagement Intensity metric, which now better reflects recent political activities by entities over the past three years.
-50
Political Contributions and Lobbying Efforts
May 16
EOG Resources' involvement in associations that oppose progressive climate policies indicates a direct engagement in political lobbying efforts which may support authoritarian or regressive policy agendas. This negative rating on Political Contributions and Lobbying Efforts reflects the potential harm of such affiliations to public interest and environmental justice.
- AUG012023
A former oil field worker has filed a lawsuit alleging that EOG Resources misclassified employees as independent contractors and failed to pay overtime wages, raising concerns about exploitative labor practices in the energy sector.
-80
Labor Relations and Human Rights Practices
May 16
The lawsuit alleges that EOG Resources deliberately misclassified workers as independent contractors and denied overtime pay, which is indicative of exploitative labor practices that undermine fundamental workers' rights. Such actions contribute to a broader pattern of corporate behavior that can align with authoritarian and fascist tendencies by disregarding the welfare of marginalized workers.
- MAR312023
EOG Resources spent $240,000 on lobbying activities in 2023, with figures compiled from Senate Office of Public Records as reported by OpenSecrets. The data covers the period from January 1 to March 31, downloaded on April 24, 2025.
-40
Political Contributions and Lobbying Efforts
May 16
EOG Resources' use of $240,000 in lobbying spending may contribute to regulatory capture that favors fossil fuel interests, potentially undermining worker rights and environmental protections. Such actions can indirectly support authoritarian-aligned policies by reinforcing established power structures.
- MAR312023
In 2023, EOG Resources spent $240,000 on lobbying, as documented by OpenSecrets. This expenditure reflects the company's active engagement in influencing public policy through financial channels, raising concerns about corporate interference in the democratic process.
-30
Political Contributions and Lobbying Efforts
May 16
EOG Resources reported $240,000 in lobbying expenditures in early 2023. This use of corporate funds to influence political outcomes can contribute to undermining democratic accountability and prioritize industry interests over the public good, aligning with concerns regarding corporate complicity in fostering authoritarian dynamics.
- MAR012023
EOG Resources paid $243,604 to settle claims related to allegations of unauthorized drilling, extraction, and sale of federal minerals on non-federal land in Oklahoma. The settlement, announced by the U.S. Attorney, allowed the parties to avoid litigation without an admission of liability.
-40
Business Practices and Ethical Responsibility
May 16
The settlement over trespass and unauthorized extraction suggests a lapse in ethical business practices and corporate responsibility. Such actions undermine regulatory compliance and public trust, reflecting a disregard for ethical operational standards.
- FEB062023
EOG Resources released a detailed policy outlining its approach to political contributions and trade association engagement. The policy mandates that corporate funds, resources, and time cannot be used for political contributions without express CEO approval, and clearly delineates personal political activities from corporate actions. It also describes annual reviews of trade association memberships and the company’s stance on political spending.
+60
Political Contributions and Lobbying Efforts
May 16
EOG Resources' policy demonstrates a transparent and ethical approach to political contributions by strictly prohibiting the use of corporate funds and resources for political activities. This measure helps to prevent corporate complicity in potentially authoritarian practices and supports democratic accountability by ensuring that personal political actions remain separate from corporate influence.
EOG Resources, Inc. Policies Regarding Political Contributions and Activities
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Corporate Financials
- Revenue
- 2023
- $6.40B
- Total Assets
- 2023
- $53.90B
- Operating Income
- 2023
- $8.94B
- Total Equity
- 2023
- $21.00B
Industries
- 211120
- Crude Petroleum Extraction
- 213111
- Drilling Oil and Gas Wells
- 486110
- Pipeline Transportation of Crude Oil