Eog Resources
EOG Resources, Inc., a leading independent oil and natural gas company, is headquartered in the United States, with significant operations across the Permian Basin, Eagle Ford, and other key regions. Founded in 1999, EOG has established itself as a pioneer in the exploration and production sector, focusing on the development of unconventional resources. The company is renowned for its innovative approach to drilling and completion techniques, which enhance efficiency and reduce costs. EOG's core offerings include crude oil, natural gas liquids, and natural gas, positioning it as a formidable player in the energy market. With a commitment to sustainable practices and technological advancement, EOG Resources has achieved notable milestones, including consistent production growth and a strong financial performance, solidifying its reputation as a top-tier energy provider.
DitchCarbon Score
How does Eog Resources's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity Transmission industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Eog Resources's score of 32 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eog Resources's reported carbon emissions
In 2023, Eog Resources reported significant carbon emissions, totalling approximately 5,700,000,000 kg CO2e for Scope 1, 400,000,000 kg CO2e for Scope 2, and a staggering 118,000,000,000 kg CO2e for Scope 3 emissions. This indicates a substantial reliance on upstream activities, particularly in Scope 3, which encompasses emissions from the use of sold products. Comparatively, in 2022, the company recorded 5,100,000,000 kg CO2e in Scope 1, 400,000,000 kg CO2e in Scope 2, and 110,300,000,000 kg CO2e in Scope 3 emissions. This data suggests a slight increase in Scope 1 emissions and a notable rise in Scope 3 emissions year-on-year. Eog Resources has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions intensity rates for Scope 1 have varied, with a reported intensity of 14,000 kg CO2e per tonne in 2022, reflecting the ongoing challenges in reducing greenhouse gas emissions within the fossil fuel sector. Overall, Eog Resources's emissions profile highlights the significant environmental impact of its operations, particularly in Scope 3 emissions, while the lack of defined reduction commitments raises questions about its long-term climate strategy.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 5,400,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Eog Resources is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
