EOG · 10-Q · 2026Q3 · Full report

Customer Dynamics

EOG RESOURCES INC · 2026-11-05 · Importance 52 · Surprise 42

In Trinidad, EOG sells natural gas to the National Gas Company of Trinidad and Tobago Limited under existing supply contracts. It sells crude oil and condensate to Heritage Petroleum Company Limited and BP Trinidad and Tobago LLC. EOG also has a 10-year agreement beginning in 2027 to sell 180,000 MMBtud of domestic natural gas, including 140,000 MMBtud priced against Brent and the remaining volumes priced against Brent or a U.S. Gulf Coast gas index at the counterparty’s election.

Key facts

• EOG's success in marketing its crude oil and condensate, NGL, and natural gas production is a risk factor. source
• EOG's customers and other contractual counterparties may be unable to meet their obligations, including because they cannot obtain needed credit or financing. source
• EOG sold natural gas in Trinidad to National Gas Company of Trinidad and Tobago Limited under existing supply contracts, and crude oil and condensate to Heritage Petroleum Company Limited and BP Trinidad and Tobago LLC. source