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Company Directory - EOG Resources, Inc.

Company Details - EOG Resources, Inc.

EOG Resources, Inc. Logo

EOG Resources, Inc.

Website

Houston, United States

NYSE: EOG, S&P 500 

ISIN: US2788071081

EOG Resources, Inc. is an independent oil and gas exploration and production company based in the United States. The company focuses on the exploration and development of oil and natural gas reserves, leveraging advanced technologies to optimize recovery and create value for its shareholders.

CCI Score

CCI Score: EOG Resources, Inc.

-9.74

0.05%

Latest Event

EOG Resources Political Contributions and Lobbying Overview

EOG Resources displayed noteworthy political engagement with $137,311 in contributions and $180,000 in lobbying expenditures during the 2024 cycle. The complete revolving door statistic – with all lobbyists having previously held government positions – signals an unsettling intermingling of corporate influence and political power, raising concerns about the undermining of democratic accountability.

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COLLABORATOR

EOG Resources, Inc. is currently rated as a Collaborator.

-5 to -9 CCI Score
In this category, companies align with authoritarian practices mainly to avoid trouble or regulatory conflict. Their compliance is driven by self-preservation, resulting in minimal resistance even as they participate in oppressive systems.

Latest Events

  • EOG Resources Political Contributions and Lobbying Overview Logo
    FEB
    19
    2025

    EOG Resources displayed noteworthy political engagement with $137,311 in contributions and $180,000 in lobbying expenditures during the 2024 cycle. The complete revolving door statistic – with all lobbyists having previously held government positions – signals an unsettling intermingling of corporate influence and political power, raising concerns about the undermining of democratic accountability.

  • -20

    Political Contributions and Lobbying Efforts

    March 25

    EOG Resources' political contributions and lobbying efforts, as evidenced by its financial disbursements and the revolving door phenomenon, exemplify potential complicity in undermining democratic processes. The fact that all of its lobbyists have prior government experience heightens concerns over undue influence on policy-making, which aligns with broader patterns of authoritarian influence.

    EOG Resources Profile: Summary • OpenSecrets

  • Lobbying Disclosure: $60K Spent by EOG Resources, Inc. Logo
    DEC
    31
    2024

    EOG Resources, Inc. disclosed $60,000 in lobbying expenditures in Q4 2024, seeking to influence energy and regulatory policies. This political engagement raises concerns over corporate influence in regulatory processes and potential support for agendas that undermine democratic accountability.

  • -20

    Political Contributions and Lobbying Efforts

    March 25

    The disclosed lobbying expenditure of $60,000 indicates that EOG Resources, Inc. is actively engaging in political influence. By lobbying on issues related to energy development and emissions reduction, the company demonstrates a willingness to shape policy in a manner that can undermine democratic processes and favor deregulation, aligning with authoritarian policy objectives.

    Lobbying Update: $60,000 of EOG RESOURCES lobbying was just disclosed

  • EOG Resources Settles Trespass Claims Over Unauthorized Federal Mineral Extraction Logo
    MAR
    01
    2023

    EOG Resources, Inc. paid $243,604 to settle allegations related to unauthorized drilling, extraction, and sale of federal minerals. This incident raises serious concerns about the company's business practices and ethical responsibility in managing natural resources, highlighting potential disregard for regulatory and ethical standards.

  • -60

    Business Practices and Ethical Responsibility

    March 25

    EOG Resources, Inc. engaged in unauthorized drilling and extraction activities on federal mineral rights which led to a settlement payment, indicating potential ethical lapses in its business practices. By choosing to settle without admitting liability, the company avoided legal uncertainty but raised questions about its commitment to compliance and responsible resource management. This behavior undermines public trust and suggests a pattern of prioritizing shareholder value over ethical operational standards.

    Texas Oil and Gas Company Pays Over $240,000 to Settle Trespass Allegations Arising From the Unauthorized Drilling, Extraction, and Sale of Federal Minerals

  • EOG Resources, Inc. Political Contributions and Activities Policy Logo
    FEB
    06
    2023

    EOG Resources, Inc. has established a policy that strictly prohibits the use of corporate funds for any political contributions or lobbying activities, mandating that such initiatives be pursued with personal funds only. The policy also outlines oversight mechanisms regarding participation in trade associations, including periodic reviews to ensure alignment with the company’s values. While the policy minimizes the risk of corporate complicity in inappropriate political influence, involvement in trade associations leaves room for indirect political influence, resulting in a moderately positive evaluation.

  • +60

    Political Contributions and Lobbying Efforts

    March 25

    The policy clearly separates personal political engagements from corporate funding, ensuring that no company resources are used in political contributions. This approach helps reduce the risk of corporate complicity in fostering authoritarian influence. However, since the company still participates in trade associations that can indirectly influence political outcomes, the score is moderately positive rather than exemplary.

    EOG Resources, Inc. Policies Regarding Political Contributions and Activities

Industries

211120
Crude Petroleum Extraction
213112
Support Activities for Oil and Gas Operations
486110
Pipeline Transportation of Crude Oil