Investor Presentaiton

EOG's Balance Sheet Leads Peers and Broader Market EOG Net Debt¹ ($ Billions) 5.6 4.5 3.1 2.5 -0.1 Financial Leverage (Net Debt/EBITDA)² 1.8 Liquidity (Cash/Market Capitalization)² 10.5% 8.6% 0.7 ..... 0.3 4.3% 3.4% -0.1 -0.9 EOG 2017 2018 2019 2020 2021 2022 S&P 500 20th Pct³ E&P Peer Avg4 S&P 500 Median³ (1) Total debt less cash on December 31 of such year. See accompanying schedules for reconciliations and definitions of non-GAAP measures and other measures. (2) As of February 22, 2023. Source: Factset Excludes Financials. 2233 (3) (4) E&P peers include APA, COP, DVN, FANG, HES, MRO, OXY and PXD. S&P 500 20th Pct³ EOG S&P 500 Median³ E&P Peer Avg4 eog 4Q 2022 7

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