COP - EOG Resources: Texas Top Producers Indicate Cautious Optimism

Texas producers offer a snapshot of information related to energy. A number of factors are playing into energy prices and therefore energy stocks, specifically in oil and gas. Having said that, the universe of energy and publicly-traded firms related to it continues to expand as the demand side of power generation, renewables and technology advance energy production and consumption. Texas producers supply nearly half of the U.S. market for crude oil.

The Permian Basin continues to produce the lion’s share of unconventional oil and liquids’ growth related to U.S. production. Top-producing Texas firms in 2018,