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 89% 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 118,000,000,000 kg CO2e across all scopes. This includes about 5,700,000,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and around 400,000,000 kg CO2e from Scope 2 emissions. Scope 3 emissions accounted for the majority of their carbon footprint, highlighting the extensive impact of their supply chain and product use. In 2022, the company recorded similar emissions, with Scope 1 emissions at about 5,100,000,000 kg CO2e and Scope 2 emissions at approximately 400,000,000 kg CO2e, while Scope 3 emissions were around 110,300,000,000 kg CO2e. This indicates a relatively stable emission profile over the two years. Eog Resources has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon emissions. The absence of documented reduction strategies suggests a need for further commitment to climate action within the industry context. As a major player in the mineral fuels and oils sector, Eog Resources faces increasing pressure to enhance transparency and implement effective measures to mitigate their environmental impact.
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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.
