EOG Resources Inc - Company Profile
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EOG Resources Inc (EOG) is an independent upstream oil and gas company. The company, along with its subsidiaries, explores, develops, and produces crude oil and natural gas. Robust reserve base, cash and cash equivalent and acreage holding strengthened its operations, even as increase in trade receivables is a cause for concern. Increase in demand for oil globally, strategic agreements and positive outlook for natural gas could provide new growth opportunities to the company. However, fluctuations in oil and gas prices, exploration production & development risks and intense competition could affect its operations.
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