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Buy Day today: Good (62) Broad market participation · no major macro event
EOG

EOG Resources Inc

Energy · Oil & Gas E&P · listed since 1989

145.50$ +0.4% vs. previous close Closing price · As of: Sep 17, 2026
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Price history

Chart

Interactive price chart (TradingView).

52-week range: 101.80 $ to 153.70 $ · Last price: 145.50 $ (As of: September 17, 2026)

Key figures

Key figures at a glance

Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.

Basics

Market Cap ?The value of the entire company on the market: share price times total shares outstanding. 78.1$B
Shares Outstanding ?Total number of shares issued. Price times share count gives market cap. 525m
Float ?Share of stock freely tradable on the market — not locked up in the hands of founders, insiders, or major shareholders. 99.7%
Beta ?Volatility versus the overall market: 1 = moves like the market, 2 = twice as much, under 1 = calmer than the market. 0.3

Performance

Perf. 1M ?Price performance over the last month. -2.00%
Perf. 3M ?Price performance over the last 3 months. -11.10%
Perf. 6M ?Price performance over the last 6 months. 29.20%
YTD Performance (%) ?Price performance since the start of the year (Year to Date). 30.70%
52-Week-High Distance ?How far the price sits below its highest point over the last 52 weeks. 0% means the stock is at its year high. -12.0%
Perf. 1Y ?Price performance over the last 12 months. 25.61%
Perf. 3Y ?Price performance over the last 3 years. 22.39%
Perf. 5Y ?Price performance over the last 5 years. 148.10%
Perf. 10Y ?Price performance over the last 10 years. 118.04%
Perf. Since Inception ?Price performance since the first available trading day (10/04/1989) — with a complete history, that is since the IPO. 9,226.20%

Technical Indicators

MA 38 Days ?Moving average of the last 38 trading days: the smoothed price path. A price above it signals short-term strength. 145.30$
MA 50 Days ?Moving average of the last 50 trading days — the most widely watched medium-term trend line. 144.00$
MA 200 Days ?Moving average of the last 200 trading days — the dividing line between a long-term uptrend and downtrend. 130.30$
RSI (14) ?Relative Strength Index over 14 days, scale 0 to 100: above 70 counts as overbought, below 30 as oversold. A hint on timing, not a verdict on the company. 48.9
Volatility 30 Days ?Price swings over the last 30 trading days, annualized. The higher the value, the more the price fluctuates. 31.9%
Volatility 250 Days ?Price swings over the last 250 trading days (roughly one market year), annualized. 29.0%

Calculated from the price history · as of 09/18/2026

Valuation

P/E ?Price-to-earnings ratio: how many years of profit does the stock cost? The lower, the cheaper the valuation. No earnings means no P/E. 14.3
Forward P/E ?P/E based on expected earnings for the next 12 months instead of past earnings — analysts' bet on the future. 10.4
PEG ?P/E divided by expected earnings growth: puts valuation in relation to growth. Around 1 is considered fair, well above that is pricey. 1.4
P/B ?Price-to-book ratio: market value relative to book equity. 2.5
P/S ?Price-to-sales ratio: market value divided by annual sales. Important for companies that aren't (yet) profitable. 2.9
EV/EBITDA ?Enterprise value including debt (EV) relative to operating profit before depreciation and amortization (EBITDA) — more comparable than P/E because debt counts too. Extreme values arise when EBITDA is near zero. 5.8
Price/FCF ?Market value divided by free cash flow: how many years of freely available cash does the stock cost? More honest than P/E because cash flow is harder to dress up. 9.2

Profitability

Gross Margin ?Gross margin: what's left of sales after only direct production costs are deducted — the product's pricing power. 62.6%
EBIT Margin ?EBIT margin: operating profit as a percentage of sales — the earning power of the core business before interest and taxes. 37.9%
Net Margin ?Net margin: what's left of sales as profit after ALL costs, interest, and taxes. 25.7%
Return on Equity ?Return on equity: how much profit does the company generate per year on shareholders' equity? 18.2%
Return on Assets ?Return on assets: how much profit the company generates from its total assets (equity and debt combined). 11.0%

Balance Sheet & Safety

Equity Ratio ?Equity ratio: equity as a share of total assets. The higher, the more resilient the balance sheet. 57.9%
Debt/Equity ?Leverage ratio: financial debt divided by equity. Under 1 is generally seen as solid; negative values mean negative equity. 0.3
Altman Z″ ?Edward Altman's bankruptcy early-warning score. We use the Z″ variant, built from four balance-sheet ratios — it is designed for service companies and non-manufacturers and uses book value instead of market value. On that scale: below 1.1 = danger zone, 2.6 and up = safe zone, in between a grey area. Because the classic Altman Z is calculated differently, the two numbers are not directly comparable. The formula does not fit banks, insurers, or real-estate stocks. fortress balance sheet 7.97
Piotroski ?Balance-sheet health check by Joseph Piotroski: 9 yes/no criteria on profit, cash flow, leverage, and efficiency. 7+ is very solid, under 3 is a red flag. very solid 8 out of 9

Growth

Sales Growth Last Quarter ?Sales growth in the most recently reported quarter versus the same quarter a year ago (YoY). 15.60%
EPS Growth Last Quarter ?Growth in earnings per share in the most recently reported quarter versus the same quarter a year ago (YoY). 39.60%
Sales Growth (Year) ?Sales growth in the last fiscal year versus the year before. -3.47%
Forward Sales Growth ?Sales growth analysts expect over the next 12 months — an estimate, not a guarantee. -9.62%
Forward EPS Growth ?Earnings-per-share growth analysts expect over the next 12 months — an estimate, not a guarantee. -14.30%

Dividend

Dividend Yield ?Annual dividend divided by the current price: what percentage of your investment comes back as a payout each year. 2.77%
Dividend Per Share (TTM) ?Sum of dividends paid per share over the last 12 months. 4.08$
Payout Ratio ?Share of profit paid out as dividends. Over 100% means the company is paying out more than it earns — not sustainable long-term. 30.3%
Years Without a Cut ?How many years in a row the dividend hasn't been cut — a measure of reliability. 1Years
Increase Streak ?How many years in a row the dividend has been raised — the gold standard for dividend payers. 1Years

Quality & Screener

Stage ?Weinstein phases 1 through 4: 1 = basing, 2 = uptrend (the only buy phase), 3 = topping, 4 = downtrend. Measured against the 30-week line. 2
RS Rating ?Relative strength from 1 to 99: an RS of 95 means the stock has outperformed 95% of all stocks. 51
EPS Rating ?Earnings growth rating from 1 to 99 versus all stocks — high values mean above-average earnings growth. 75
Fundamental Rating ?Our own Fundamental Rating: 0 to 100 points with an A+ to F grade. 50 points is the average across the universe, 100 the best possible score. It scores growth, earnings surprises, analyst estimates, margins, cash flow, and balance-sheet safety — every stock percentile-ranked against all others. Grades: A+ from 95, A from 75, B from 55, C from 45, D from 25, E from 5, F below. B (64 out of 100)

Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.

Comparison

Industry comparison

The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.

Industry: Oil & Gas E&P

Industry comparison
Company Market cap ($B) P/E EV/EBITDA Gross Margin % EBIT Margin % Sales Growth (Year) % Perf. 1Y %
EOG Resources Inc EOG 78.1 14.3 5.8 62.6 37.9 -3.5 25.6
ConocoPhillips COP 162.3 22.7 6.5 47.6 22.1 7.5 46.4
Occidental Petroleum Corporation OXY 59.0 77.4 5.6 73.3 17.7 -20.3 26.8
Devon Energy Corporation DVN 55.7 13.4 7.4 50.3 6.9 7.8 42.1
Diamondback Energy Inc FANG 55.4 199.4 9.4 72.4 5.8 36.3 43.9
EQT Corporation EQT 31.6 9.8 5.6 80.8 57.4 73.7 2.1
Texas Pacific Land Corporation TPL 23.4 47.7 33.1 93.3 77.2 13.1 14.8
Expand Energy Corporation EXE 21.1 6.5 3.7 47.1 34.0 176.0 -9.4
Permian Resources Corporation PR 20.0 25.4 5.7 75.9 9.2 1.3 77.0
Median of companies shown 55.4 22.7 5.8 72.4 22.1 7.8 26.8

Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →

Fiscal years

Annual Figures

Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.

Revenue, operating income and net income per fiscal year $M

Revenue Operating income Net income

2016 · Revenue: 7,463 $M 2016 · Operating income: -1,225 $M 2016 · Net income: -1,097 $M 2017 · Revenue: 11,206 $M 2017 · Operating income: 926 $M 2017 · Net income: 2,583 $M 2018 · Revenue: 17,177 $M 2018 · Operating income: 4,469 $M 2018 · Net income: 3,419 $M 2019 · Revenue: 16,942 $M 2019 · Operating income: 3,699 $M 2019 · Net income: 2,735 $M 2020 · Revenue: 9,874 $M 2020 · Operating income: -544 $M 2020 · Net income: -605 $M 2021 · Revenue: 19,669 $M 2021 · Operating income: 6,102 $M 2021 · Net income: 4,664 $M 2022 · Revenue: 29,492 $M 2022 · Operating income: 9,966 $M 2022 · Net income: 7,759 $M 2023 · Revenue: 23,182 $M 2023 · Operating income: 9,603 $M 2023 · Net income: 7,594 $M 2024 · Revenue: 23,378 $M 2024 · Operating income: 8,082 $M 2024 · Net income: 6,403 $M 2025 · Revenue: 22,567 $M 2025 · Operating income: 7,931 $M 2025 · Net income: 4,980 $M
2016201720182019202020212022202320242025
Annual Figures
Fiscal Year Revenue ($M) EBIT ($M) Net Income ($M) EPS ($) Operating Cash Flow ($M) Equity ($M) Total Assets ($M)
2016 7,463 -1,225 -1,097 -1.98 2,359 13,982 29,459
2017 11,206 926 2,583 4.46 4,265 16,283 29,833
2018 17,177 4,469 3,419 5.89 7,769 19,364 33,934
2019 16,942 3,699 2,735 4.71 8,163 21,641 37,125
2020 9,874 -544 -605 -1.05 5,008 20,302 35,805
2021 19,669 6,102 4,664 7.99 8,791 22,180 38,236
2022 29,492 9,966 7,759 13.22 3,166 24,779 41,371
2023 23,182 9,603 7,594 13.00 11,340 28,090 43,857
2024 23,378 8,082 6,403 11.25 12,143 29,351 47,186
2025 22,567 7,931 4,980 9.24 10,044 29,833 51,799

Quarters

Quarterly Figures

Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.

Revenue & Profit

Cash Flow

Balance Sheet

Margins

Per Share

Click the chart or tab into it, then use ← and → to step through the periods.

None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.

These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.

The figures could not be loaded right now.

Sales Per Quarter ($M)
2024: Q4 · 5,650.0 $M Q4 2025: Q1 · 5,669.0 $M Q1 2025: Q2 · 5,478.0 $M Q2 2025: Q3 · 5,847.0 $M Q3 2025: Q4 · 5,638.0 $M Q4 2026: Q1 · 6,921.0 $M Q1 2026: Q2 · 8,620.0 $M Q2

Source: fundamental data

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q4 2.23 -34.80 5,650 -6.30 22.10 2,763 1,398
2025: Q1 2.65 -14.70 5,669 -7.40 25.80 2,289 806
2025: Q2 2.46 -16.60 5,478 -9.10 24.60 2,032 239
2025: Q3 2.70 -8.20 5,847 -2.00 25.20 3,111 1,448
2025: Q4 1.30 -41.70 5,638 -0.20 12.40 2,612 1,069
2026: Q1 3.70 39.90 6,921 22.10 28.60 2,966 1,322
2026: Q2 5.15 109.30 8,620 57.40 31.60 4,669 4,669

What Do These Terms Mean?

EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

Compare with other stocks →

Screening

Appears in These Scanners

This stock currently matches 8 of our scanner strategies — each hit links to the scanner.

Growth

Quality & Balance Sheet

Aktien.Guide

Dividends

Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners

Outlook

Analysts & Price Target

Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.

Consensus Sell 1 = Strong buy … 5 = Strong sell
Analyst Ratings 31
Price Target (average) 160.50$
Distance to price 10.3% The price target sits 10.3% above the current price.

Distribution of Recommendations

Strong Buy 12
Buy 1
Hold 18
Sell 0
Strong Sell 0

Estimates by Fiscal Year

Estimates by Fiscal Year
Fiscal Year EPS Estimate ($) EPS Range ($) Revenue Estimate ($M) Expected Growth Analysts
12/31/2026 16.87 14.21 – 20.13 29,840 66.1% 28
12/31/2027 14.67 7.47 – 19.26 27,244 -13.1% 29

Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.

Valuation

What is priced in?

Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.

Today’s market value implies roughly 0.2% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).

What is priced in?
Free cash flow (last twelve months) $6.73B
Market cap $78.07B
Free cash flow in year ten $6.89B
Terminal value as a share of market value 46.5%

For comparison: over the past five years free cash flow grew by 20.6% per year.

It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.

A simplified model calculation — not a forecast and not a recommendation.

AI classification

AI Rating

Neutral

EOG Resources fördert und verkauft Rohöl, Flüssiggas und Erdgas; in den sechs geprüften Berichten (2× 10-K, 4× 10-Q) ist weder ein KI-Produkt noch ein KI-Umsatz noch ein operativer KI-Einsatz belegt. Der Begriff „artificial intelligence“ taucht ausschließlich in der Standard-Passage zu Cyberangriffen auf (je einmal im 10-K 2025 und im 10-K 2024), „machine learning“ in keinem der sechs Berichte. Die eigene Technologiebeschreibung nennt dreidimensionale Seismik, mikroseismische Daten und Lagerstättensimulationen — klassische Ingenieursverfahren, keine KI.

View the full file — quotes, sources, reviewed filings
„More recently, advancements in artificial intelligence (AI) may pose serious risks for many of the traditional tools used to identify individuals, including voice recognition (whether by machine or the human ear), facial recognition or screening questions to confirm identities."

In jüngerer Zeit können Fortschritte bei künstlicher Intelligenz (KI) erhebliche Risiken für viele der herkömmlichen Werkzeuge zur Identifizierung von Personen mit sich bringen — darunter Stimmerkennung (ob maschinell oder durch das menschliche Ohr), Gesichtserkennung oder Sicherheitsfragen zur Bestätigung von Identitäten.

10-K · 2026-02-24 · View SEC filing

„EOG is also focused on innovation and cost-effective utilization of advanced technology associated with three-dimensional seismic and microseismic data, the development of reservoir simulation models and the use of improved drilling equipment and completion technologies for horizontal drilling and formation evaluation."

EOG konzentriert sich zudem auf Innovation und den kosteneffizienten Einsatz fortschrittlicher Technologie im Zusammenhang mit dreidimensionalen seismischen und mikroseismischen Daten, der Entwicklung von Lagerstättensimulationsmodellen sowie dem Einsatz verbesserter Bohrausrüstung und Komplettierungstechnologien für Horizontalbohrungen und Formationsauswertung.

10-K · 2026-02-24 · View SEC filing

Filings Reviewed: 10-Q 2026-05-05 · 10-K 2026-02-24 · 10-Q 2025-11-06 · 10-Q 2025-08-07 · 10-Q 2025-05-01 · 10-K 2025-02-27

Rated on July 28, 2026 · How the Rating Is Built

Earnings calls

What the Earnings Calls Reveal

EOG delivers with remarkable operational reliability: the capital budget was met in every year reviewed, production targets were mostly beaten, and the two large infrastructure projects Janus and Verde came online exactly on the announced schedule. At first glance several quantified targets appear to drift between calls. Reading the transcripts verbatim, however, the resolution is found in the same or the next call each time: the balance sheet target was always a leverage ratio and not an absolute figure, the 70 percent payout ratio has been the committed minimum for years rather than a cut, and the three-year scenario states its price assumption in the same sentence every time. What remains are questions of timing and emphasis, each of which management raised itself.

Unremarkable Solid delivery record 10 calls reviewed, 2023-Q4 through 2026-Q1 · As of August 2, 2026

Delaware productivity: mechanism early, figure late

The sentence that per-well productivity had declined in the prior year while the economics had not came only in the 2025-Q4 full-year call. The reason behind it, however, was already in the transcripts earlier. As early as 2024-Q4 the COO answered the direct question on Delaware productivity by saying the numbers vary with well mix because the company works through different target zones and the shallower targets had become economic through lower costs. In 2025-Q2 the company itself named nine additionally developed target zones, and in 2025-Q3 it responded to the reference to weaker third-party data at length with 15 percent lower well costs, 20 percent longer laterals and the newly unlocked zones with payback under one year. The mechanism was therefore disclosed throughout; only the resulting metric was spelled out late. The CEO conceded this himself in 2025-Q4: the company should have highlighted the changed development approach better. What remains is a presentation shortcoming, not concealment.

Three-year scenario: same plan, stated price assumption

In the 2025-Q4 full-year call management named cumulative free cash flow of 10 to 18 billion dollars for 2026 through 2028 at 55 to 70 dollars per barrel. In 2026-Q1 the CEO quoted 12 to 24 billion dollars for the same scenario. This is not a silent change of target: he names the underlying price range of 60 to 80 dollars in the same sentence, and the difference corresponds arithmetically to the price sensitivity of the very same plan. The activity framework is identical in both cases, namely low single-digit oil growth at an unchanged cost structure, and both times the same core sentence follows, that the scenario delivers roughly 20 percent more free cash flow than the past three years at the same price deck. The 2025-Q1 statement that the scenario was never meant as guidance is not a retroactive distancing either: it was expressly introduced as an illustration when first presented in 2023-Q4, and in 2025-Q1 the CEO added that it was still directionally accurate. The first scenario runs through the end of 2026 and has therefore not yet expired.

Balance sheet target: ratio, not absolute figure

In 2024-Q3 the CFO announced raising debt to 5 to 6 billion dollars within 12 to 18 months. What matters is how she derived that number: the target is total debt below one times earnings at an oil price of 45 dollars, and anyone computing that arrives at 5 to 6 billion. The ratio is the commitment, the amount its arithmetic output at the time. After the Encino acquisition earnings grew, so the permissible debt amount rose accordingly. Management reconciled this openly, in 2025-Q2, in 2025-Q3 with the sentence that total debt was right at the target of about one times, and again in 2025-Q4 and 2026-Q1. The cash balance was not quietly dropped either: on the direct analyst question in 2025-Q3 the CEO explained why share buybacks took priority over building cash at the valuation of the time. By the end of the first quarter of 2026 cash had risen again to over 3.8 billion dollars. The Utica finding cost question was resolved in the same way, in the 2024-Q3 call itself: the 6 to 8 dollars apply to 225,000 acres in the volatile oil window over two to three years, the roughly 5 dollars to the full 445,000 acre position at full development.

Payout: 70 percent is the committed floor

In 2026-Q1 the CFO spoke of at least 70 percent of free cash flow, one quarter after saying the company expected to return 90 to 100 percent in 2026. This is not a cut. The 70 percent has been the company's firm floor for years: as early as 2024-Q4 the actual 98 percent payout was expressly framed as far above the minimum commitment of 70 percent, and in 2025-Q3 the CEO called it verbatim a minimum commitment that had recently been exceeded at around 92 percent. The 90 to 100 percent, in turn, was twice explicitly tied to the environment at the time in 2025-Q4. After the oil price jump, expected free cash flow rose to 8.5 billion dollars, so even the floor would produce the largest payout in company history. Asked directly, the CEO did not rule out 90 to 100 percent and justified the restraint by saying the buyback program should not become procyclical. That is the same logic as in 2025-Q3, when at low share prices buybacks conversely took priority over cash.

Dorado and Gulf States: dates pushed back

Two dates from the 2025-Q4 full-year call lasted only one quarter. First the year-end target for the Dorado gas play of roughly 1 billion cubic feet per day, cut in 2026-Q1 to a little over 800 million because capital was shifted from gas into oil projects. Second the initial well results from Bahrain and the United Arab Emirates, now expected in the second half of 2026 instead of the second quarter; management named the Iran conflict and the repositioning of some staff as context. Both changes appeared unprompted in the prepared remarks, both are reasoned, and both deadlines only expire at the end of 2026. It would be wrong to read this as Dorado being demoted immediately after its promotion to fourth foundational asset: the status was unchanged, only near-term drilling and completion activity was scaled back. That activity follows the gas price is what management had announced consistently since 2024-Q1 and had already acted on once in 2024.

Counterbalance: the core delivery record is strong

The operational record is very good. The 6.2 billion dollar capital budget announced in 2023-Q4 for 2024 was met exactly, the 3 percent oil growth was achieved and total growth beaten at 8 instead of 7 percent. In 2024-Q2 and 2024-Q3 the full-year forecast was raised rather than cut. The Janus gas processing plant came online in the first half of 2025 as promised in 2023-Q4 and reached full utilization in March 2026; the Verde pipeline reached phase 2 in 2024 as announced. Drilling in Bahrain, announced in 2024-Q4 for the second half of 2025, began in the third quarter of 2025. The 150 million dollar synergy target from the Encino acquisition named in 2025-Q2 was reached ahead of the promised one-year deadline according to 2025-Q4, and the 750 million cubic feet per day year-end target for Dorado, also named in 2025-Q2, was met precisely. The dividend has never been cut in 28 years.

Management promises

  • 2023-Q4 — The Janus gas processing plant in the Delaware Basin will start up in the first half of 2025. Reported as commissioned in 2025-Q1, exactly within the promised window. In 2026-Q1 the plant had run at 94 percent utilization since November 2025 and reached full utilization in March 2026. kept
  • 2023-Q4 — Phase 2 of the Verde gas pipeline to Agua Dulce will be fully in service during 2024. According to 2024-Q4 Verde came into service in the fourth quarter of 2024, with 1 billion cubic feet per day of capacity. The date was confirmed unchanged across four calls. kept
  • 2023-Q4 — Management stands by the previously stated finding costs of roughly 5 dollars per barrel of oil equivalent in the Utica. The range of 6 to 8 dollars named in 2024-Q3 does not replace this figure. On follow-up in the same call management explained that the 6 to 8 dollars apply to the 225,000 acres in the volatile oil window and the next two to three years, while the roughly 5 dollars refer to the full 445,000 acres at full development, and that it still had line of sight to that figure. It is a full-development estimate without a due date and therefore not yet reconcilable. open
  • 2024-Q3 — The capital structure will be managed so that total debt stays below one times earnings at 45 dollars WTI; at the time that equated to 5 to 6 billion dollars of debt within 12 to 18 months. The ratio was met and reported in every call afterwards. In 2025-Q3 management said explicitly that total debt was right at the target of about one times; in 2025-Q4 and 2026-Q1 the target was confirmed again. The absolute amount rose to 7.9 billion dollars after the Encino acquisition because earnings grew with it. Cash stood at 3.4 billion dollars at the end of 2025, below the appropriate level named at the time; the deviation was explained on follow-up in 2025-Q3 by the priority given to share buybacks, and by the end of the first quarter of 2026 cash had risen again to over 3.8 billion dollars. kept
  • 2024-Q4 — Drilling in Bahrain is to begin in the second half of 2025. In 2025-Q3 management reported that the first wells in Bahrain had been drilled in the third quarter of 2025. The deadline was therefore met. kept
  • 2025-Q2 — The Encino acquisition should produce at least 150 million dollars in annual run rate synergies within one year of closing. In 2025-Q4 management reported that the synergy target had been reached ahead of the original one-year deadline. Utica well costs fell below 600 dollars per foot by the end of 2025 and drilling performance rose by more than 35 percent. kept
  • 2025-Q2 — Dorado should reach roughly 750 million cubic feet per day of gross production by the end of 2025. In 2025-Q4 management confirmed it had met the 750 million cubic feet per day year-end figure. Well costs fell to roughly 750 dollars per foot at the same time. kept
  • 2025-Q4 — Dorado should reach roughly 1 billion cubic feet per day of gross production by the end of 2026. Just one quarter later, in 2026-Q1, management cut the year-end target to a little over 800 million cubic feet per day and scaled back drilling and completion activity. The reasons given were low gas prices and a shift of capital into oil projects, that is the returns-driven approach announced consistently since 2024. The reduction came unprompted in the prepared remarks; Dorado's foundational asset status was unchanged. The end of 2026 deadline has not yet been reached. open
  • 2025-Q4 — Initial well results from the exploration projects in Bahrain and the United Arab Emirates should be available in the second quarter of 2026. In 2026-Q1 management pushed the date to the second half of 2026 and spoke of a slight slip in the timeline. The Iran conflict and the repositioning of some staff out of the region were named as context. The delay was disclosed on management's own initiative and the new window only expires at the end of 2026. open
  • 2025-Q4 — In the environment at the time management expected to return 90 to 100 percent of free cash flow in 2026; the firm floor has been 70 percent for years. In 2026-Q1 the CFO named at least 70 percent after forecast free cash flow had risen to 8.5 billion dollars on the oil price jump; even the floor would therefore produce the largest payout in company history. The 90 to 100 percent had twice been explicitly tied to the environment at the time in 2025-Q4. Asked directly, the CEO did not rule it out and justified the restraint by saying the buyback program should not become procyclical. This will be settled with the 2026 full-year results. open

Based on public earnings call transcripts. Reviewed: 10 transcripts 2023-Q4 through 2026-Q1.

Growth

Growth Score

Ten checks against the annual reports — each one passed counts a point.

5 of 10 Solid growth
  • Revenue grows by more than 15% a year over three years -8.5%
  • More than 10% revenue growth is expected for the coming year -9.6%
  • Share count grows by less than 3% a year -2.8%
  • Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 13.9%
  • Gross margin at 40% or higher and without meaningful erosion 68.1%
  • Goodwill from acquisitions does not grow faster than revenue 0.0%
  • Net debt below twice EBITDA 0.4 x EBITDA
  • Operating cash flow covers the profits of the last three years 14,550 m
  • Return on capital at 15% or higher, or up versus two years ago 16.8%
  • Insiders hold at least 10% or are net buyers 0.3%

A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail

Quality check

AAQS

7/10

The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).

  • Sales growth 10Y > 5% 13.1%
  • Exp. sales growth 3Y > 5% 9.9%
  • EBIT growth 10Y > 5%
  • Exp. EBIT growth 3Y > 5% 26.0%
  • Net debt < 4x EBIT 0.6x
  • EBIT positive, 10Y straight 8
  • Max. EBIT decline < 50% 100.0%
  • Return on equity > 15% 16.7%
  • ROCE > 15% 16.8%
  • Expected return > 10% 32.4%

View stocks with the full AAQS score · Read the methodology at AlleAktien

Source: fundamental data

Insiders

Insider Transactions

Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.

Insider Transactions
Date Person Role Type Shares Price Value
Sep 11, 2026 Donaldson Michael P EVP & Chief Legal Officer Sell 7,336 148.00 1,085,728
Sep 1, 2026 Distefano Laura B. VP & CAO Other 974 148.35 144,493
Aug 24, 2026 Yacob Ezra Y Chairman & CEO Sell 35,942 152.10 5,466,670
Jul 31, 2026 Clark Janet F Director Other 314 148.69 46,689
Jul 31, 2026 Crisp Charles R Director Other 283 148.69 42,079
Jul 31, 2026 Daniels Robert P Director Other 446 148.69 66,316
Jul 31, 2026 Donaldson Michael P EVP & Chief Legal Officer Other 148 148.69 22,006
Jul 31, 2026 Dugle Lynn A Director Other 42 148.69 6,245
Jul 31, 2026 Gaut C Christopher Director Other 143 148.69 21,263
Jul 31, 2026 Kerr Michael T. Director Other 365 148.69 54,272

View all insider transactions →

The company

About the Company

EOG Resources, Inc. exploriert, entwickelt, fördert und vermarktet mit ihren Tochtergesellschaften Rohöl, Erdgasflüssigkeiten und Erdgas in Förderregionen in den USA, der Republik Trinidad und Tobago und international.

Employees
3,400
Headquarters
Houston, TX
Address
1111 Bagby Street, 77002 Houston, United States
Phone
713 651 7000
IPO Date
10/04/1989
ISIN
US26875P1012
Stock Split
2:1 on 04/01/2014
Stock Split
2:1 on 03/02/2005
Stock Split
2:1 on 06/16/1994

Management

Management
Name Title Birth Year
Ezra Y. Yacob CEO & Chairman 1977
Ann D. Janssen Executive VP & CFO 1965
Jeffrey R. Leitzell Executive VP & COO 1980
Michael P. Donaldson Executive VP & Chief Legal Officer 1963
Laura B. Distefano VP & Chief Accounting Officer
Sandeep Bhakhri Senior VP and Chief Information & Technology Officer
Pearce Wheless Hammond Jr., C.F.A. Vice President of Investor Relations
Lori A. Geiger Vice President of Marketing
Chase Krieger Vice President of Corporate Development
Michele L. Hatz Senior VP & Chief Human Resources Officer

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Filings

Company Filings (8-K)

An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).

  • 08/04/2026 EOG RESOURCES INC (EOG): Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits SEC ↗
  • 07/09/2026 EOG RESOURCES INC (EOG): Results of Operations and Financial Condition SEC ↗

Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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