EOG Resources

Exploration & Production
EOG
$ 112 6
Share price
$ 65 bn
Market Cap
$ 66 bn
Enterprise Value

Carbon footprint

74 Ton
GHG emissions per $ 1 mln investment
1.8x the weighted average for S&P 500
FY2020
How is this calculated?
-7.5%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-5%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2021
How is this calculated?

EOG Resources aims to achieve net zero for Scope 1 + 2 by 2040


This target has not been verified as science based according to SBTi
EOG Resources's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

EOG Resources's GHG emissions (location-based) (Kt of CO2e)
EOG Resources's Carbon intensity (Tons per 1 USDm)

EOG Resources's carbon footprint

EOG Resources reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 4,900 Kt (-400 /-7.5% y-o-y). At the same time, carbon intensity surged to 493 t (+183/+59% y-o-y).

No public disclosure of Scope 3 emissions has been found for EOG Resources at the moment.

The company is committed to achieving net zero for Scope 1 + 2 by 2040, which translates into the estimated reduction of -245 Kt per annum over the period of FY2021 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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