10-KPeriod: FY2004

EOG RESOURCES INC Annual Report, Year Ended Dec 31, 2004

Filed February 25, 2005For Securities:EOG

Summary

EOG Resources Inc.'s (EOG) 2004 10-K filing reveals a company focused on oil and gas exploration and production, with a significant marketing segment contributing to its overall operations. The report details the company's business segments, properties, and reserves, emphasizing its core activities in finding and producing hydrocarbons. Investors should note the company's competitive landscape within the energy sector and the regulatory environment impacting its operations. Financially, the filing provides selected financial data, management's discussion on financial condition and results of operations, and detailed financial statements. Key areas to scrutinize for investment decisions include the company's revenue streams, cost structures, capital expenditures, and its ability to manage market risks associated with commodity prices. The report also touches upon shareholder matters, executive compensation, and corporate governance, all of which are crucial for a comprehensive understanding of EOG's position.

Key Highlights

  • 1EOG Resources Inc. operates primarily in oil and gas exploration and production, with a supporting marketing segment.
  • 2The report provides detailed information on the company's properties, including its oil and gas reserves.
  • 3Management's Discussion and Analysis (MD&A) offers insights into the company's financial condition and operational results for 2004.
  • 4The filing includes quantitative and qualitative disclosures on market risk, crucial for understanding potential financial exposures.
  • 5Shareholder matters, including market for common equity, are addressed, providing context for investor returns.
  • 6Information on executive officers, directors, and compensation is detailed in Part III, relevant for corporate governance assessment.

Frequently Asked Questions

EOG Resources Inc.'s primary business activities revolve around the exploration and production of oil and natural gas. It also has a marketing segment that supports its core operations.

The 2004 10-K provides selected financial data and a detailed Management's Discussion and Analysis (MD&A) which investors should review to assess the company's financial condition and operational results. Specifics on revenue, expenses, and profitability would be found within Item 7 and Item 8 (Financial Statements).

Item 7A, 'Quantitative and Qualitative Disclosures About Market Risk,' details how EOG Resources addresses and manages risks associated with market fluctuations, likely including commodity prices, interest rates, and foreign currency exchange rates.

Information regarding EOG's oil and gas exploration and production properties and reserves is detailed in Item 2 of the 10-K filing.