EOG Resources rStock
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Description
EOG Resources engages in the exploration and physical extraction business of crude oil and natural gas. The company focuses on North American onshore basins, utilizing horizontal drilling and hydraulic fracturing technologies to extract deep shale oil and natural gas. The extracted fossil fuels flow directly into long-haul transmission pipeline networks, bulk delivering physical commodities to midstream processors and large refining enterprises, thereby earning extraction and sales profits from fossil resources.