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EOG Resources Inc
September 2011 Investor Presentation
| Marie A Baldwin | Page 3 of 11 |
August 24, 2016
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"September 2011 Investor Presentation"
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EOG_0911-2 Exploit Expertise in Horizontal Shale Technology to Capture First/Early Mover Positions in Crude Oil/Liquids Resource Plays -Leader in Horizontal Technology -Bullish on Long-Term Oil Fundamentals -Higher Margin Business Extend Industry Leadership Position by Improvi ng Recovery Factors in Horizontal Oil Plays Maintain Low Net Debt-to-Cap Ratio -Long Standing Philosophy -Targeting YE 2011 and YE 2012 Net Debt-to-Cap <30% -23% at June 30, 2011* Superior ROE and ROCE -Organic Approach -Domestic Oil Large % of Portfolio -Innovative Cost Savings * See reconciliation schedule.