EOG Resources Inc

Common Name
EOG Resources
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
3,150
Ticker
EOG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
EOG Resources, Inc. is a leading energy company specializing in the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas. Operating primarily in the U...

EOG Resources's GHG Emissions Data Preview

In 2023, EOG Resources completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

EOG Resources has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind EOG Resources’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore EOG Resources’s data sources below and access millions more through our Disclosure Search.

a. EOG Resources's Sustainability Data Spreadsheet 2023
a. EOG Resources's Sustainability Data Spreadsheet 2023
b. EOG Resources's Sustainability Report 2022
b. EOG Resources's Sustainability Report 2022

Insights into EOG Resources's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of EOG Resources amounted to 6,100,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of EOG Resources increased by 10.91%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

EOG Resources's Scope 1 Emissions Over Time

20182019202020212022202301.5 M3 M4.5 M6 MtCO2e0%-17%+11%+2%+12%
  • Total Scope 1
  • Year-over-Year Change

What are EOG Resources's Scope 1 emissions?

In 2023, the total Scope 1 emissions of EOG Resources were 5,700,000 metric tons of CO₂ equivalent (tCO₂e). a

Has EOG Resources reduced its Scope 1 emissions over time?

Since 2018, EOG Resources's Scope 1 emissions have increased by 5.56%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), EOG Resources's Scope 1 emissions increased by 11.76%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are EOG Resources's Scope 2 emissions?

In 2023, EOG Resources reported Scope 2 greenhouse gas (GHG) emissions of 400,000 tCO₂e without specifying the calculation method. a

What methodology does EOG Resources use for Scope 2 reporting?

In 2023, EOG Resources reported its Scope 2 emissions using an unspecified methodology. a

EOG Resources's Scope 2 Emissions Over Time

20202021202220230100 k200 k300 k400 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into EOG Resources's Value Chain Emissions

In 2023, EOG Resources reported 118,000,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of EOG Resources includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

EOG Resources's Scope 3 Emissions Over Time

20222023030 M60 M90 M120 MtCO2e+7%
  • Total Scope 3
  • Year-over-Year Change

What are EOG Resources's Scope 3 emissions?

In 2023, EOG Resources reported total Scope 3 emissions of 118,000,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), EOG Resources's Scope 3 emissions remained relatively stable, indicating that EOG Resources 's emissions have plateaued with no significant change in its value chain footprint. a b

What categories of Scope 3 emissions does EOG Resources disclose?

In 2023, EOG Resources reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of EOG Resources's Scope 3 emissions?

In 2023, the largest contributors to EOG Resources's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 118,000,000 tCO₂e (100%)

EOG Resources's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(100.0%)

Insights into EOG Resources’s GHG Emissions Intensity Compared to Industry Peers

In 2023, EOG Resources reported Scope 1 greenhouse gas (GHG) emissions of 5,700,000 tCO₂e and total revenues of USD 23,182 millions. This translates into an emissions intensity of 245.88 tCO₂e per millions USD. a

EOG Resources's Scope 1 Emissions Intensity Compared to Peers

1050020,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000200,000Revenues (Millions of USD)Devon EnergyYear: 2024Scope 1: 6,020,000 tCO2eRevenue: $M 15,940Scope 1 Intensity: 377.67 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MComstock ResourcesYear: 2024Scope 1: 328,836 tCO2eRevenue: $M 1,254Scope 1 Intensity: 262.32 tCO2e/$MEQT CorpYear: 2023Scope 1: 668,626 tCO2eRevenue: $M 5,070Scope 1 Intensity: 131.88 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MCNX ResourcesYear: 2023Scope 1: 559,769 tCO2eRevenue: $M 1,506Scope 1 Intensity: 371.62 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$MDiamondback EnergyYear: 2023Scope 1: 1,757,044 tCO2eRevenue: $M 8,412Scope 1 Intensity: 208.87 tCO2e/$MNorthern Oil and GasYear: 2024Scope 1: 17 tCO2eRevenue: $M 2,154Scope 1 Intensity: 0.01 tCO2e/$MOccidental PetroleumYear: 2024Scope 1: 17,900,000 tCO2eRevenue: $M 26,725Scope 1 Intensity: 669.78 tCO2e/$MOvintivYear: 2024Scope 1: 4,669,988 tCO2eRevenue: $M 9,152Scope 1 Intensity: 510.27 tCO2e/$MPermian ResourcesYear: 2023Scope 1: 2,150,671 tCO2eRevenue: $M 3,121Scope 1 Intensity: 689.12 tCO2e/$MMurphy OilYear: 2024Scope 1: 986,645 tCO2eRevenue: $M 3,019Scope 1 Intensity: 326.86 tCO2e/$MCalifornia ResourcesYear: 2023Scope 1: 2,603,000 tCO2eRevenue: $M 2,813Scope 1 Intensity: 925.35 tCO2e/$MAPA Corp (US)Year: 2023Scope 1: 5,962,000 tCO2eRevenue: $M 8,279Scope 1 Intensity: 720.14 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MContinental ResourcesYear: 2023Scope 1: 3,000,000 tCO2eRevenue: $M 8,732Scope 1 Intensity: 343.57 tCO2e/$MCivitas ResourcesYear: 2023Scope 1: 1,920,131 tCO2eRevenue: $M 3,479Scope 1 Intensity: 551.88 tCO2e/$MMatador ResourcesYear: 2024Scope 1: 1,368,227 tCO2eRevenue: $M 3,479Scope 1 Intensity: 393.29 tCO2e/$MEOG ResourcesYear: 2023Scope 1: 5,700,000 tCO2eRevenue: $M 23,182Scope 1 Intensity: 245.88 tCO2e/$M

How does EOG Resources's GHG emissions intensity compare to its peers?

In 2023, EOG Resources reported a Scope 1 emissions intensity of 245.88 tCO₂e per millions USD. Compared to the peer group median of 337.99 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does EOG Resources rank on GHG emissions intensity within its industry?

In 2023, EOG Resources ranked 7 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

EOG Resources is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into EOG Resources's Total Carbon Footprint

In 2023, EOG Resources reported a total carbon footprint of 124,100,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.17% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to EOG Resources's total carbon footprint was Scope 3 emissions, accounting for 95.08% of the company's total carbon footprint, followed by Scope 1 emissions at 4.59%. a

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