Has anyone heard anything about EOG resources?
I’ve now seen 5 good people from Exxon leave for working at EOG and they have plenty of postings.
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Know several people who work there. Similar to Hilcorp, when the company has money they share with their employees, when they dont have it they dont. The push hard and when you have a mistake for pushing that hard, they dont punish, they learn from the issue and continue to push. Good place to work and learn, very operationally aggressive but unlike Exxon, they have your back if something goes wrong vs auto-PIP. They have had layoffs but will actively try to keep as many people as possible during downturn and first to re-hire when activity picks back up.
If you're wondering if they're happy over there take a look at their layoff page. There have been 7 threads posted there since 2023, whereas we probably average about 7 per day. I realize EM has 10x the number of employees, but still.
Husband of a friend of my wife worked for EOG and in his fifties he was making enough to own a couple small private planes, lived on a small private airstrip, and had the TIME to actually enjoy his expensive hobby. The wife did not work.
I know of zero people at EM who could do that,
Especially having the time for a hobby like that.
They continued to give bonuses during COVID and didn’t cut their 401k match.
EOG seems to run fairly lean and efficient so people typically have a broader scope, but definitely seems to have a lot of opportunities for progression and typically pays well. They seem to be growing, and the vast majority of their jobs are in the US, as opposed to the EM model of offshoring. It would be an improvement vs EM in many ways.
@OP They used to be associated with Enron, but they were never part of the bad stuff that happened. They severed the Enron connection in 1999 and I've only heard good things about them since then.
They're basically who Exxon pretends to be. The leaders in identifying/proving up new plays, development and tech. Not afraid to fail or choked by bureaucracy. They pay more and people don't leave...I've never heard of them laying people off either.