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EOG Resources, Inc. engages in the exploration, development, production and marketing of crude oil and natural gas. It operates through the United States, Trinidad, and Other International segments.
A federal lawsuit was filed last month in Wyoming alleging oil and gas operator EOG Resources has failed to pay royalty proceeds on time, along with the accompanying interest from failing to meet those deadlines, to some who are owed them in Laramie County.
Top 10 Owners of EOG Resources Inc StockholderStakeShares ownedThe Vanguard Group, Inc.8.86%51,597,410Capital Research Management Co.6.23%36,277,283SSgA Funds Management, Inc.5.96%34,683,397BlackRock Fund Advisors4.73%27,556,3406 more rows
In August 2020, 3 workers filed suit against EOG Resources in connection with a December 5, 2019 incident that left them seriously injured. The three workers were employed by Archrock Services at the time and were contracted to maintain a natural gas compressor at an EOG Resources well in Wyoming.
The United States alleges EOG drilled the well and extracted and sold the federal minerals without approval from the United States. The United States further alleges that EOG is liable for trespass and conversion damages and was unjustly enriched by the unauthorized sale of the federal minerals.
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In 1999, the company became independent from Enron and changed its name to EOG Resources, Inc. In 2000, the company swapped properties with Occidental Petroleum.
Eog Resources (NYSE: EOG) is owned by 89.61% institutional shareholders, 1.05% Eog Resources insiders, and 9.34% retail investors. Vanguard Group Inc is the largest individual Eog Resources shareholder, owning 54.07M shares representing 9.27% of the company.
Ezra Yacob Chairman of the Board and Chief Executive Officer, EOG Resources, Inc.

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