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EOG Resources
EOG Resources

-7.77%

Energy / Petroleum

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Risks

1. Price Fluctuations: Oil and gas prices are subject to supply and demand, as well as geopolitical events, which can cause large price fluctuations that could seriously impact EOG Resources’ profitability.


2. Asset Depletion: Oil and gas reserves can deplete over time, as some have a finite lifespan. This may require EOG Resources to invest additional capital in order to maintain a sustainable level of production.


3. Downturns: Low oil and gas prices or reduced levels of production can lead to financial downturns for EOG Resources, as profits may be significantly reduced or eliminated.


4. Environmental Factors: As an oil and gas provider, EOG Resources is subject to a number of environmental risks, such as the potential for spills, hazardous conditions at drilling sites, and the emissions of harmful materials into the environment.


5. Regulatory Risk: Laws and regulations governing the oil and gas industry may change, adding uncertainty to EOG Resources’ operations and potentially reducing profits.


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