EOG Resources Will Retain Its Title As The Top U.S. Oil Producer
- Given the shale oil boom, EOG Resources has emerged as one of the top U.S. oil producers. Additionally, it is positioned to deliver double digit growth in the long term.
- The company’s strength can be seen in multiple areas and includes increasing production and potential for growth from its core positions at Eagle Ford and Bakken field.
- The company has been accumulating significant acreage in five oil producing regions. It has been putting efforts into developing the Leonard shale and the Second Bone Spring Sand play.
- The production growth is supported by more than 15 years of oil-focused inventory which signifies ample production in the years to come.