EOG Resources stands out when oil and gas companies are laying off thousands of workers to weather the economic downturn. EOG Resources says it will improve efficiency to allow it to produce oil at lower prices after it lost more than $900 million dollars in the second quarter. EOG Resources is a large independent oil and gas exploration and production company, headquartered in Houston, Texas, with operations in the United States. EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration.It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas.. EOG RESOURCES AKTIE und aktueller Aktienkurs. EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. View the latest EOG stock quote and chart on MSN Money. Alternativen zu EOG RESOURCES, die ein besseres Chance- Risikoverhältnis haben. Low oil prices have led other frac sand companies in western Wisconsin to layoff workers. Our stock has declined from over $105 to under $90 in a very short time, how long will our stock... Details: EOG Resources (EOG -1.7%) spiked as much as 4.7% in late trading just before closing lower, apparently in response to a Betaville report that market rumors say a "major oil company" is considering a bid for EOG. That commitment to employees helped propel EOG to its 11th appearance on the Chronicle’s Top Workplaces list. “They are the most valuable asset to the company. EOG value down 20 billion+, stock down $:8/share. Alternativen stammen aus der gleichen Branche sowie aus dem gleichen Land wie EOG RESOURCES. The company said Monday that it … Our stock price is dropping, oil price is dropping, cash is exhausted and there is no remedy in sight! It maintains a low cost structure and keeps debt low, giving it the financial durability to weather the ups and downs of the economy. EOG Resources stands out when oil and gas companies are laying off thousands of workers to weather the economic downturn. 3 among large companies. Logical move JC. The Hottest Tech Mega-Trend of All Last year, it generated $24 billion in global revenues. Heritage Plaza, die Konzernzentrale von EOG. Messages relating to layoffs at EOG Resources Inc. are presented below the company info. 44 salaries for 37 jobs at EOG in San Antonio, TX Area. They say they are loyal to their employees, but that's false. We are going to have to sell marginal assets and reduce overhead if we are going to make it. read more. Salaries posted anonymously by EOG employees in San Antonio, TX Area. read more, Everything seems to be quiet. The whole O&G industry is in turmoil right now. 224 reviews from EOG Resources employees about EOG Resources culture, salaries, benefits, work-life balance, management, job security, and more. Reviews from EOG Resources employees about EOG Resources culture, salaries, benefits, work-life balance, management, job security, and more. EOG Resources. One or... Do they know something I don't? —  read more, EOG Resources layoffs coming! TheLayoff.com is live since January 31, 2009! EOG Resources said on Thursday it was shutting existing wells and delaying the start up of about 150 net new ones until the second half of 2020, as it further cuts its spending to battle one of the worst oil price shocks in decades. Get ready to start drilling again!!! I guess everyone believed them! —  EOG stand ursprünglich für Enron Oil & Gas. EOG Resources’ 2020 bottom-line estimates have risen more than 200% over the past 30 days. EOG has stayed connected with employees through regular video conferences and company-developed software applications that allow for easier communication and sharing of data. Houston oil company EOG Resources is cutting its 2020 capital budget by nearly a third amid record low commodity prices. This downturn is much deeper and already longer with no end in sight than our management anticipated based on all their BS presentations. The agency lists mass layoffs. Is everyone else also not seeing the number of replies to each post? If we don't start soon we'll have a big layoffs as well. With the failure of Alpine High, it makes perfect sense to move that staff into Permian and cut the Permian staff that kept the cash flow coming into Apache. To the best of my knowledge, the only ones laid off were contractors back in May and I haven’t heard anything since. In the final minutes of trading on Thursday, shares hit $50.89, a decline of 35% in the last 12 months. EOG stock has been dropping for the past six months with no end in sight. A free inside look at company reviews and salaries posted anonymously by employees. —  Is it cheap right now? EOG Resources Inc. has lost 15% of it's value in the past 4 months! EOG Resources shares have decreased 39% since the beginning of the year, while the Standard & Poor’s 500 index has risen almost 4%. With oil below $20, the only way to go is up. Many of EOG’s offices are at 50 percent capacity. As of January 2012, EOG Resources hired 38 people to work at the Chippewa Falls plant. EOG Resources (EOG -1.7%) spiked as much as 4.7% in late trading just before closing lower, apparently in response to a Betaville report that market rumors say a "major oil company" is considering a bid for EOG. In the 2020 Forbes Global 2000, EOG Resources was ranked as the 337th -largest public company in the world.. Bob Fu has apparently offered some China Aid to EOG. Management said we're toast if we post but it looks like we're toast anyway! Downturn deeper and longer than EOG management anticipated! —  Earnings are expected to double in 2021. Any word on what will happen to the 300+ YPC employees that were acquired by EOG? Find the latest news headlines from EOG Resources, Inc. Common Stock (EOG) at Nasdaq.com. Although the Houston independent slashed its capital budget by $1 billion this year, CEO Bill Thomas said EOG hasn’t closed any offices, cut salaries or laid off a single employee during the coronavirus pandemic. Things are looking up! EOG Resources laid off 17 contract employees in southern Sublette County, according to Sam Bixler, an economic development consultant for Big Piney and Marbleton. —  1 driver for employee satisfaction is making sure they feel like they’re making a difference and making a contribution,” Thomas said. The company is ranked 181st on the Fortune 500. Basic Energy Services also closed their offices in La Barge, removing an unspecified number of jobs from the local economy, Bixler said. If we don't do something soon it will be too late! Now what? —  Management said we're "Toast" if we post. 141 EOG reviews. EOG stock has been headed south for past six months! EOG Resources EOG has been raising its dividend the last several years and it still yields 2.9%, even with the pandemic. “We treat people very openly and are very sensitive to their situations.”. read more. Thomas acknowledged the challenge of maintaining a close-knit culture during the coronavirus pandemic, when staff are working remotely and maintaining social distancing. News, personal experiences, rumors and speculations about layoffs at your company. A much better deal than bankruptcy if oil prices go to &20/bbl and stay there two or... EOG Resources ist ein Unternehmen aus den Vereinigten Staaten mit Sitz in Houston, Texas. Nachrichten zur Aktie EOG Resources Inc. | 877961 | EOG | US26875P1012 Have you heard that we'll cut even more, that's what I heard from two unrelated sources? EOG RESOURCES INC - 8-K, Current Report: 3: SEC Filings: 04.01. JC will say it was the... EOG Resources picks internal candidate for President role: 5: Seeking Alpha: 04.01. Houston area will be probably the most affected, there is not much we can do here, we can just wait and... The company has grown production by 44 percent over the past three years without adding to its workforce. We want to emerge from this downturn with morale and effectiveness in high gear.”. Exxon is looking at acquisition of EOG Resources Inc. Use of this website constitutes acceptance of our. Layoffs are possibly coming sooner than we think. If management will be more realistic on price Exxon will acquire EOG. read more, EOG Resources stands out when oil and gas companies are laying off thousands of workers to weather the economic... Any news in the Oklahoma City division?. Get ready good old EOG Resources is getting ready to reward many of us for our hard work by showing us the door. Das Unternehmen ist im Aktienindex S&P 500 gelistet. Geschichte. read more, MEDIA COVERAGE - EOG stands out in an industry beset by layoffs (houstonchronicle). —  Some are expecting children in the next few weeks. EOG stands out in an industry beset by layoffs, Photo: Eric Kayne, Eric Kayne / For the Chronicle, Oil companies could make millions if required to capture natural gas, Oil field services giants turn the corner in pandemic recovery, Rig count continues to rise with crude prices above $50, Harris County judge dismisses vaccine theft charge against doctor, blasts DA for bringing the case, A rare COVID side effect caused his tongue to swell, forcing a Houston surgeon to step in, 'It's ugly': Verizon 5G data boxes appear without notice on Houston front lawns, Harris County to create COVID-19 vaccine wait list to handle massive demand, 'I'm a fighter': Houston restaurant owner recovering from near-fatal brawl with armed carjacker. I am hearing the cuts will be deep and what is left for those remaining will be a sweat shop. read more. We are doing well enough considering the circumstances so the fact that quite a few people I know have quit in the past couple of months is somewhat confusing. Oil just passed $51/bbl. “We are committed to our employees,” Thomas said. Best Companies rank: 67 The oil and gas producer hasn't had any layoffs since it was spun off from Enron in 1999. Recoil Oilfield Services laid off 50 workers after the water-transfer company lost all of its work with shale giant EOG Resources Inc. The company ranked No. Dive deeper with interactive charts and top stories of EOG RESOURCES, INC.. An EOG acquisition will save 80% of the jobs while maintaining retirement and severance plans. TheLayoff.com is a simple discussion board for all of us who would like to learn more about the rumors or possibility of job cuts in our company. The news of EOG's exit from Canada does not come as a big surprise as EOG's leading US shale position is its core... The company has given employees more flexibility to work from home. Paul Takahashi is a business reporter for the Houston Chronicle. read more. —  Get the latest EOG Resources, Inc. (EOG) stock news and headlines to help you in your trading and investing decisions. —  EOG Resources is the new name for Enron Oil and Gas Company; a Fortune 500 company, it is one of the largest independent oil and natural gas companies in the United States. Anyone? Our latest quarter earnings report didn’t produce any numbers worthy of cheering over, which makes me a... Hard to make money at Barnett and the Permian shale - there will be cuts, major cuts in 2015. Read about EOG Resources mission, management, benefits and perks, including insurance benefits, retirement benefits, and vacation policy. It is looking... —  Horizontal drilling technology and zipper frac technology hasn't been... EOG Resources has layoffs in Chippewa County THE HERALD Apr 22, 2016 Apr 22, 2016; 2 {{featured_button_text}} In this Thursday, Dec. 15, 2011 photo, frac sand destined for the oil … If that is a permanent change it makes using this site MUCH harder to the point of not being viable. Shares were up 37.4% in November but remain down 54% over the last 2 … We are not going to show a second quarter profit so which will go first an asset or employees? “We’re very flexible and sensitive to everyone’s needs, especially in a time like now,” Thomas said. GETTING BETTER: EOG stems losses in third quarter, “I’ve found that the No. —  read more. Shares were up 37.4% in November but remain down 54% over the last 2 years. With the benefit of sustainable cost reductions and operational efficiencies, EOG expects to complete approximately 800 net wells in 2020 compared with 750 net wells in 2019. Fairmont Santrol on April 14 notified the state agency of 55 layoffs in three facilities, including 13 workers at its Menomonie plant. read more, I hope we have something planned to stop the bleeding! EOG Resources EOG has been raising its dividend the last several years and it still yields 2.9%, even with the pandemic. CEO Mark Papa continually reassures employees that the company has no plans to implement layoffs. Leading US independent EOG Resources is exiting most of its Canada operations and laying off more than 150 employees and contractors. EOG’s emphasis on employees has paid off for EOG, which is one of the nation’s top onshore oil producers. EOG reported net income of $2.7 billion in 2019. read more, It's my understanding EOG resources never had layoffs, but I can tell you that many people just are very concerned with the oil prices going down. EOG Resources layoffs coming! No layoffs, furloughs or anything like that planned any time soon? EOG Resource layoffs coming again this fall! EOG, spun off from the now-defunct Enron Corp. in 1999, has 2,800 employees, including about 600 in the Houston area. Lots of contractors, Almost 100 contracted employees were let go from EOG Resources in Stanley, ND with no notice of termination. “You’re not just a number, you’re someone very important to the company.”. EOG Resources Best Companies rank: 67 The oil and gas producer hasn't had any layoffs since it was spun off from Enron in 1999. We are going down faster than the price of oil. EOG isn't as great a place... read more. EOG Salaries trends. Why leave a relatively stable company when the economy is... —  Get ready good old EOG Resources is getting ready to reward many of us for our hard work by showing us the door. I am hearing the cuts will be deep and what is left for those remaining will be a sweat shop. This board is pretty silent, but there have been lots of layoffs here. 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