Moody's affirms EOG's A3/P-2 ratings with stable outlook
Moody's Investors Service ("Moody's") affirmed EOG Resources, Inc.'s (EOG) A3 senior unsecured debt ratings and P-2 short-term rating. The rating outlook is stable. "EOG's A3 credit rating recognizes the company's high capital productivity, operating excellence, and high quality of its asset base,...EOG Resources, together with its subsidiaries, explores for, develops, produces and markets crude oil, natural gas liquids and natural gas primarily in main producing basins in the United States, The Republic of Trinidad and Tobago, The People's Republic of China, Canada and, from time to time, select other international areas.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
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Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
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