March 2015 FACT SHEET Overview 288.9 EOG Resources, Inc. is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States with proved reserves in the United States, Canada, Trinidad, the United Kingdom and China. EOG Resources is listed on the New York Stock Exchange (NYSE) and is traded under the ticker symbol “EOG.” 220.4 157.9 113.4 2011 2012 2013 EOG’s goals remain consistent – to deliver the highest shareholder appreciation measured by total shareholder returns and to be the most profitable independent exploration and production company in terms of return on capital employed. 2014 As of December 31, 2014, EOG’s total estimated net proved reserves were 2,497 million barrels of oil equivalent (MMBoe) and were comprised of 46 percent crude oil and condensate, 19 percent natural gas liquids (NGLs/NGL) and 35 percent natural gas. Approximately 97 percent of these reserves were located in the United States. Driven by strong U.S. liquids reserves growth, EOG increased its total company net proved reserves 18 percent in 2014. EOG Crude Oil and Condensate Production (MBbld) 369.2 EOG’s total company production in 2014 was 217.1 MMBoe. For the full year, crude oil and condensate production increased 31 percent year over year, propelled by 33 percent growth in the United States. NGL production increased 23 percent, while natural gas production was flat. Overall, total company production increased 17 percent. 285.6 213.8 155.8 Business Strategy 2011 2012 2013 2014 EOG Total Liquids Production (MBbld) Grow by drilling low-cost, internally generated prospects rather than through acquisitions Capture an early-mover advantage in key resource plays Maintain a strong balance sheet with a moderate net debt-to-total capitalization ratio Focus on high rate-of-return drilling opportunities Continue to increase the percentage of crude oil and NGLs in the EOG portfolio, emphasizing U.S. production 0.67 0.585 0.34 2014 Financial Highlights 0.375 Net Operating Revenues -- $18 billion 2012* 2013* 2014* 2015** EOG Cash Dividends Per Common Share Declared ($) * Adjusted for the two-for-one stock split, effective March 31, 2014 ** Indicated annual rate, effective October 2014 Net Income -- $2.9 billion Completed a two-for-one stock split in the form of a stock dividend, effective March 31, 2014 NYSE Stock Price Range ($/Share) High: $118.89 Low: $80.63 Year-end Close: $92.07 Market Capitalization on Dec. 31 -- $50.5 billion Fact Sheet, March 2015 Operating Areas CANADA CHINA TRINIDAD AND TOBAGO Sichuan Basin Horn River Basin Port of Spain Chengdu Columbus Basin UNITED KINGDOM North Sea East Irish Sea London UNITED STATES Williston Basin Powder River Basin Greater Green River Basin Marcellus Shale DJ Basin Pittsburgh Uinta Basin Denver LE GEN D Anadarko Basin Midland Oklahoma City Barnett Shale Fort Worth Permian Basin San Antonio Tyler Houston Eagle Ford Lobo/Roleta Trend Areas of Operation Offices Corporate Headquarters Haynesville/ Bossier Corpus Christi Frio/Vicksburg Trend 2014 Production and Proved Reserve Data Production (MBoed) Net Proved Reserves (MMBoe) United States Canada Trinidad Other International (China, UK and Argentina) 515.0 16.7 61.5 1.5 2,414.2 2.0 69.0 12.1 Total Company 594.7 2,497.3 Focused on Increasing Oil Mix CONTACT INFORMATION EOG Corporate Headquarters 1111 Bagby, Sky Lobby 2 Houston, TX 77002 P.O. Box 4362 Houston, TX 77210-4362 (713) 651-7000 Toll Free: (877) 363-3647 Investor and Public Relations Largest onshore crude oil producer in the Lower 48 United States Largest crude oil producer in the Eagle Ford and in the state of Texas One of the largest crude oil producers in the Bakken/Three Forks in North Dakota Surpassed a total gross production milestone of 200 million barrels of oil pumped from its premier South Texas Eagle Ford asset Oil 31% NGLs 54% Gas 15% Cedric Burgher Senior Vice President Investor Relations David Streit Director, IR Kim Ehmer Manager, IR 2014 North American Production Volumes Executive Officers William R. Thomas Gary L. Thomas Lloyd W. Helms, Jr. David W. Trice Chairman and Chief Executive Officer President and Chief Operating Officer Executive Vice President, Exploration and Production Executive Vice President, Exploration and Production Public Relations K Leonard Manager, PR [email protected] www.eogresources.com
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