Image Source: EOG Resources – IR Presentation
By Callum Turcan
EOG Resources Inc (EOG) is often viewed as one of the best upstream “shale” operators around. More specifically, EOG Resources is well-known for effectively utilizing hydraulic fracturing and horizontal drilling to unlock vast amounts of oil & gas from hydrocarbon-bearing formations deep underground. What differentiates EOG Resources from the herd is the company has proven it can be consistently profitable in the new normal for the raw energy resource world. EOG Resources has posted a net profit on both a GAAP and adjusted