EOG Resources is an oil and gas exploration and production company that explores for, develops, and markets crude oil, natural gas liquids, and natural gas from major producing basins in the United States and select international locations. The company generates revenue by selling its three primary commodities at prevailing market prices through pipelines and export terminals, using diversified marketing channels for crude oil, NGLs, and natural gas to downstream customers and market hubs, while also purchasing and selling third-party hydrocarbons to optimize facility utilization. EOG's business strategy emphasizes achieving high returns and low operating costs while developing acreage through industry cycles using advanced technologies including seismic analysis, reservoir modeling, and horizontal well drilling capabilities.