EOG Resources Inc.’s recent performance and long-term prospects for natural gas growth are inspiring more exposure to high commodity prices and an ongoing emphasis on low costs and high returns, management said. 

EOG

CEO Ezra Yacob told investors during a second quarter conference call the firm’s performance during the first half of the year “proves that we have emerged” from a pandemic-fueled downturn “better than ever.” He pointed to across-the-board increases in natural gas and oil production and simultaneous progress on the firm’s cost and emission reduction goals during 2Q2022.

“Our long-term vision is to be among the lowest cost, highest return and lowest emissions producers, playing a significant role in the long-term future of energy,” Yacob said.

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