EOG Resources (EOG)
Market Price (3/1/2026): $124.3 | Market Cap: $66.7 BilSector: Energy | Industry: Oil & Gas Exploration & Production
EOG Resources (EOG)
Market Price (3/1/2026): $124.3Market Cap: $66.7 BilSector: EnergyIndustry: Oil & Gas Exploration & Production
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 3.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.5%, FCF Yield is 5.2% | Trading close to highsDist 52W High is -1.5% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -8.0% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 44%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 10 Bil, FCF LTM is 3.5 Bil | Weak multi-year price returns2Y Excs Rtn is -17%, 3Y Excs Rtn is -54% | Key risksEOG key risks include [1] commodity price volatility, Show more. |
| Low stock price volatilityVol 12M is 30% | ||
| Megatrend and thematic driversMegatrends include US Energy Independence, and Energy Transition & Decarbonization. Themes include US LNG, US Oilfield Technologies, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 3.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.5%, FCF Yield is 5.2% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 44%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 10 Bil, FCF LTM is 3.5 Bil |
| Low stock price volatilityVol 12M is 30% |
| Megatrend and thematic driversMegatrends include US Energy Independence, and Energy Transition & Decarbonization. Themes include US LNG, US Oilfield Technologies, Show more. |
| Trading close to highsDist 52W High is -1.5% |
| Weak multi-year price returns2Y Excs Rtn is -17%, 3Y Excs Rtn is -54% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -8.0% |
| Key risksEOG key risks include [1] commodity price volatility, Show more. |
Qualitative Assessment
AI Analysis | Feedback
EOG Resources (EOG) stock has gained about 15% since 11/30/2025 because of the following key factors:
1. Exceptional Q4 2025 Performance and Shareholder Returns. EOG Resources reported adjusted earnings per share of $2.27 for the fourth quarter of 2025, surpassing analyst estimates, primarily driven by higher oil-equivalent production volumes. For the full year 2025, the company generated $4.7 billion in free cash flow, all of which was returned to shareholders through an 8% increase in its regular dividend and $2.5 billion in share repurchases. These buybacks have reduced the company's share count by approximately 10% since 2023.
2. Strong Operational Execution and Reserve Growth. EOG exceeded its original oil and total volume targets in 2025, demonstrating strong operational efficiency. The company also managed to reduce its average well costs by 7% across its multi-basin portfolio. Furthermore, total proved reserves increased by 16% in 2025, reaching 5.5 Billion Boe, with net additions replacing 254% of 2025 total production, excluding price revisions.
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1. Exceptional Q4 2025 Performance and Shareholder Returns. EOG Resources reported adjusted earnings per share of $2.27 for the fourth quarter of 2025, surpassing analyst estimates, primarily driven by higher oil-equivalent production volumes. For the full year 2025, the company generated $4.7 billion in free cash flow, all of which was returned to shareholders through an 8% increase in its regular dividend and $2.5 billion in share repurchases. These buybacks have reduced the company's share count by approximately 10% since 2023.
2. Strong Operational Execution and Reserve Growth. EOG exceeded its original oil and total volume targets in 2025, demonstrating strong operational efficiency. The company also managed to reduce its average well costs by 7% across its multi-basin portfolio. Furthermore, total proved reserves increased by 16% in 2025, reaching 5.5 Billion Boe, with net additions replacing 254% of 2025 total production, excluding price revisions.
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Stock Movement Drivers
Fundamental Drivers
The 16.1% change in EOG stock from 11/30/2025 to 2/28/2026 was primarily driven by a 28.0% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 106.83 | 124.08 | 16.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 22,579 | 22,582 | 0.0% |
| Net Income Margin (%) | 24.5% | 22.1% | -10.0% |
| P/E Multiple | 10.5 | 13.4 | 28.0% |
| Shares Outstanding (Mil) | 541 | 537 | 0.7% |
| Cumulative Contribution | 16.1% |
Market Drivers
11/30/2025 to 2/28/2026| Return | Correlation | |
|---|---|---|
| EOG | 16.1% | |
| Market (SPY) | 0.4% | -2.4% |
| Sector (XLE) | 23.6% | 78.0% |
Fundamental Drivers
The 1.3% change in EOG stock from 8/31/2025 to 2/28/2026 was primarily driven by a 15.3% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 122.47 | 124.08 | 1.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 22,712 | 22,582 | -0.6% |
| Net Income Margin (%) | 25.2% | 22.1% | -12.6% |
| P/E Multiple | 11.6 | 13.4 | 15.3% |
| Shares Outstanding (Mil) | 543 | 537 | 1.1% |
| Cumulative Contribution | 1.3% |
Market Drivers
8/31/2025 to 2/28/2026| Return | Correlation | |
|---|---|---|
| EOG | 1.3% | |
| Market (SPY) | 6.6% | 6.5% |
| Sector (XLE) | 24.8% | 79.9% |
Fundamental Drivers
The 1.4% change in EOG stock from 2/28/2025 to 2/28/2026 was primarily driven by a 25.7% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 122.40 | 124.08 | 1.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23,378 | 22,582 | -3.4% |
| Net Income Margin (%) | 27.4% | 22.1% | -19.5% |
| P/E Multiple | 10.6 | 13.4 | 25.7% |
| Shares Outstanding (Mil) | 557 | 537 | 3.7% |
| Cumulative Contribution | 1.4% |
Market Drivers
2/28/2025 to 2/28/2026| Return | Correlation | |
|---|---|---|
| EOG | 1.4% | |
| Market (SPY) | 16.5% | 50.5% |
| Sector (XLE) | 25.9% | 87.9% |
Fundamental Drivers
The 23.0% change in EOG stock from 2/28/2023 to 2/28/2026 was primarily driven by a 76.6% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 2282026 | Change |
|---|---|---|---|
| Stock Price ($) | 100.86 | 124.08 | 23.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 29,492 | 22,582 | -23.4% |
| Net Income Margin (%) | 26.3% | 22.1% | -16.2% |
| P/E Multiple | 7.6 | 13.4 | 76.6% |
| Shares Outstanding (Mil) | 583 | 537 | 8.6% |
| Cumulative Contribution | 23.0% |
Market Drivers
2/28/2023 to 2/28/2026| Return | Correlation | |
|---|---|---|
| EOG | 23.0% | |
| Market (SPY) | 79.6% | 36.9% |
| Sector (XLE) | 46.7% | 87.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EOG Return | 89% | 57% | -2% | 4% | -11% | 16% | 212% |
| Peers Return | 103% | 71% | -5% | -15% | 1% | 18% | 234% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% |
Monthly Win Rates [3] | |||||||
| EOG Win Rate | 75% | 67% | 50% | 58% | 58% | 100% | |
| Peers Win Rate | 74% | 58% | 50% | 38% | 60% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| EOG Max Drawdown | -0% | 0% | -20% | -9% | -14% | -2% | |
| Peers Max Drawdown | -4% | 0% | -20% | -23% | -25% | -3% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: COP, FANG, DVN, OXY, APA. See EOG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/27/2026 (YTD)
How Low Can It Go
| Event | EOG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -34.8% | -25.4% |
| % Gain to Breakeven | 53.4% | 34.1% |
| Time to Breakeven | 116 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -66.7% | -33.9% |
| % Gain to Breakeven | 200.0% | 51.3% |
| Time to Breakeven | 569 days | 148 days |
| 2018 Correction | ||
| % Loss | -51.3% | -19.8% |
| % Gain to Breakeven | 105.4% | 24.7% |
| Time to Breakeven | 950 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -68.2% | -56.8% |
| % Gain to Breakeven | 214.6% | 131.3% |
| Time to Breakeven | 1,592 days | 1,480 days |
Compare to COP, FANG, DVN, OXY, APA
In The Past
EOG Resources's stock fell -34.8% during the 2022 Inflation Shock from a high on 6/7/2022. A -34.8% loss requires a 53.4% gain to breakeven.
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About EOG Resources (EOG)
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. As of December 31, 2021, it had total estimated net proved reserves of 3,747 million barrels of oil equivalent, including 1,548 million barrels (MMBbl) of crude oil and condensate reserves; 829 MMBbl of natural gas liquid reserves; and 8,222 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
AI Analysis | Feedback
Here are 1-2 brief analogies for EOG Resources:
- EOG is like ExxonMobil or Chevron for U.S. oil and natural gas extraction, but focused purely on the drilling and production.
- Think of EOG as the upstream (drilling and production) division of a supermajor like ExxonMobil or Chevron, operating as its own large, independent company.
AI Analysis | Feedback
- Crude Oil: EOG produces crude oil, a fossil fuel extracted from the earth, which is refined into various petroleum products.
- Natural Gas: The company extracts natural gas, a gaseous fossil fuel primarily used for heating, electricity generation, and industrial purposes.
- Natural Gas Liquids (NGLs): EOG also produces NGLs, which are components of natural gas that are separated and used as petrochemical feedstocks or blended into gasoline.
AI Analysis | Feedback
EOG Resources (EOG) is an independent exploration and production (E&P) company that primarily sells crude oil, natural gas, and natural gas liquids (NGLs). As such, EOG sells primarily to other companies rather than directly to individuals. EOG's customer base is diversified, consisting of various purchasers in the midstream and downstream sectors of the energy industry. No single customer typically accounts for 10% or more of EOG's total revenues. Based on the types of products EOG sells and the industry structure, its major customers fall into the following categories. Below are examples of public companies that operate in these sectors and are likely to be customers of EOG or similar E&P companies:- Crude Oil, Condensate, and NGLs Purchasers: These are primarily refiners, crude oil and NGL marketers, gatherers, and processors.
- Marathon Petroleum Corporation (NYSE: MPC)
- Valero Energy Corporation (NYSE: VLO)
- Phillips 66 (NYSE: PSX)
- Enterprise Products Partners L.P. (NYSE: EPD)
- Energy Transfer LP (NYSE: ET)
- Natural Gas Purchasers: These include natural gas pipeline companies, utilities (local distribution companies), and large industrial users.
- Kinder Morgan, Inc. (NYSE: KMI)
- The Williams Companies, Inc. (NYSE: WMB)
- Vistra Corp. (NYSE: VST) (as a major power generator, may purchase natural gas)
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- Baker Hughes (NASDAQ: BKR)
- Halliburton (NYSE: HAL)
- Helmerich & Payne (NYSE: HP)
- NOV Inc. (NYSE: NOV)
- Patterson-UTI Energy (NASDAQ: PTEN)
- Schlumberger (NYSE: SLB)
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Ezra Y. Yacob, Chairman and Chief Executive Officer
Mr. Yacob has been the Chairman and Chief Executive Officer of EOG Resources since October 2022. He joined the company in August 2005 and has held various geoscience and leadership positions, including President from January 2021 to September 2021, Executive Vice President for the Exploration and Production business from 2017 to 2021, and Vice President and General Manager in Midland from 2014 to 2017. He also served as Division Exploration Manager in Midland from 2013 to 2014 and for the Fort Worth business from 2012 to 2013.
Ann D. Janssen, Executive Vice President and Chief Financial Officer
Ms. Janssen became the Chief Financial Officer and Executive Vice President of EOG Resources in January 2024. She joined a predecessor of EOG in 1995. Prior to her current role, she served as Senior Vice President and Chief Accounting Officer since February 2018, Vice President, Accounting from 2007 to 2018, Controller of Financial Reporting and Planning from 2002 to 2007, and Treasurer from 1999 to 2002. Ms. Janssen holds a Bachelor of Business Administration degree in Accounting from Texas A&M University and is a Certified Public Accountant.
Jeffrey R. Leitzell, Executive Vice President and Chief Operating Officer
Mr. Leitzell has been the Executive Vice President and Chief Operating Officer of EOG Resources since December 2023. He joined EOG as a Completions Engineer in 2008 and previously held roles such as Operations Manager of the Midland office from 2015 to 2017, and Executive Vice President of Exploration and Production and Vice President and General Manager of the Midland office.
Michael P. Donaldson, Executive Vice President, General Counsel and Corporate Secretary
Mr. Donaldson serves as Executive Vice President, General Counsel and Corporate Secretary for EOG Resources. He has held the position of Corporate Secretary since May 2012.
Sandeep Bhakhri, Senior Vice President and Chief Information and Technology Officer
Mr. Bhakhri has been the Senior Vice President and Chief Information and Technology Officer of EOG Resources since April 2017. He joined a predecessor of EOG in 1992 and served as Vice President and Chief Information Officer from 1995 to 2017. Prior to joining EOG, Mr. Bhakhri managed development teams for McDermott Marine Construction Company.
AI Analysis | Feedback
EOG Resources faces several key risks inherent to the oil and natural gas exploration and production industry. The most significant risk to EOG Resources' business is **commodity price volatility**. Fluctuations in the prices of crude oil, natural gas, and natural gas liquids (NGLs) directly and significantly impact the company's revenue and profitability. A sustained drop in these commodity prices can severely affect the company's top line, despite its position as a low-cost producer. This volatility is considered the single greatest factor influencing EOG's revenue predictability. Another substantial risk is **regulatory and environmental changes**. The oil and gas industry is subject to stringent regulatory and environmental standards. Changes in legislation, such as new emissions-related laws and regulations or evolving climate change policies, can lead to increased compliance costs, operational constraints, and may limit growth opportunities for EOG Resources. Finally, **geopolitical factors and potential supply chain disruptions** pose a risk to the business. Geopolitical instability and political conditions in regions where EOG operates can disrupt its operations and supply chains. Additionally, delays in obtaining necessary equipment, materials, or services can impact the company's ability to execute projects on time and within budget.AI Analysis | Feedback
The rapidly accelerating adoption of electric vehicles (EVs) and increasingly cost-competitive renewable energy sources (such as solar and wind power) directly threaten EOG Resources by reducing global demand for crude oil in transportation and natural gas in power generation.
AI Analysis | Feedback
EOG Resources (symbol: EOG) is an independent upstream oil and gas company primarily focused on the exploration, development, and production of crude oil, natural gas liquids (NGLs), and natural gas. The company's main operations are concentrated in the United States, with some international presence in areas such as Trinidad and Tobago.
The addressable markets for EOG Resources' main products are substantial, primarily within North America and the United States:
- Crude Oil: The United States is a leading global producer of crude oil. U.S. crude oil production reached approximately 13.651 million barrels per day (bpd) by the end of October 2025. In 2024, the U.S. crude oil production was 13.4 million barrels per day, projected to expand to an average of 13.5 million bpd in 2025. Globally, the crude oil market was valued at USD 755.3 billion in 2024 and is expected to reach approximately USD 929.8 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 2.1%. North America holds a strong market presence within this global market.
- Natural Gas: The North American natural gas market was valued at USD 435.26 billion in 2024 and is projected to grow to USD 622.63 billion by 2030, at a CAGR of 6.15%. Specifically for the U.S., the natural gas market was valued at USD 454.5 billion in 2024 and is anticipated to increase to USD 577.9 billion by 2032, advancing at a CAGR of 3.2%. U.S. dry natural gas production is forecast to reach a record annual average of 105.2 billion cubic feet per day in 2025.
- Natural Gas Liquids (NGLs): NGLs are extracted during the processing of natural gas. While specific market values for NGLs are often integrated into broader oil and gas market reports, U.S. production of NGLs significantly increased from 1.74 million barrels per day in 2005 to 2.96 million barrels per day in 2014. The market size for NGLs is generally encompassed within the overall crude oil and natural gas markets, particularly in the upstream sector where EOG operates.
AI Analysis | Feedback
EOG Resources (NYSE: EOG) is expected to drive future revenue growth over the next 2-3 years through a combination of increased production volumes, enhanced operational efficiency, strategic acquisitions, and international market expansion. Here are the key drivers: * Increased Production Volumes: EOG Resources has demonstrated a consistent focus on growing its production of crude oil, natural gas, and natural gas liquids (NGLs). The company's Q3 2025 results showed that oil, gas, and NGL volumes all exceeded the midpoint of their forecast ranges, contributing significantly to revenue surpassing expectations. Crude oil and condensate sales volumes increased by 8.4% year-over-year in Q3 2025, NGLs sales volume rose 22%, and natural gas sales volumes saw a significant increase of 39% year-over-year. EOG's capital program is designed to support continued modest production gains from its extensive multi-basin portfolio, which includes significant acreage in the Permian Basin and Eagle Ford. * Operational Efficiency and Cost Management: EOG's commitment to being a low-cost producer and its robust operational achievements are expected to enhance profitability and, by extension, support revenue growth. The company's operational efficiency, combined with lower-than-anticipated per-unit cash operating costs and depreciation, depletion, and amortization (DD&A) expenses, has been a key driver of financial success. EOG aims for a low single-digit percentage reduction in costs, which supports stronger financial performance even amidst fluctuating commodity prices. * Strategic Acquisitions: The company's strategic acquisition of Encino for $5.6 billion in cash significantly bolsters its presence in the Utica shale region, adding 675,000 acres to EOG's portfolio and increasing its production. This acquisition is anticipated to be financially accretive, with estimates suggesting a 10% increase to 2025 pro-forma EBITDA and a 9% boost to cash flow and free cash flow, thereby contributing to future revenue. * International Market Expansion: EOG Resources has ventured into international markets with new operations in Bahrain and the United Arab Emirates. These strategic moves signal the company's commitment to diversification and growth on a global scale, opening new avenues for revenue generation beyond its established U.S. shale plays.AI Analysis | Feedback
Share Repurchases
- EOG Resources repurchased $3.2 billion of shares in 2024.
- In 2023, the company repurchased $971 million in shares.
- As of the third quarter of 2025, EOG had $4.0 billion remaining on its share buyback authorization.
Outbound Investments
- In May 2025, EOG acquired Encino Acquisition Partners for $5.6 billion, including debt, expanding its presence in the Utica shale by 675,000 net core acres. This acquisition was funded through $3.5 billion of debt and $2.1 billion of cash on hand.
- EOG made a $275 million bolt-on acquisition in the Eagle Ford, adding 30,000 acres to its portfolio.
- The company entered a strategic participation agreement with Bapco Energies in Bahrain to evaluate a natural gas exploration prospect with planned drilling in 2025, and is expanding its international presence with a 900,000-acre concession in the UAE.
Capital Expenditures
- Capital expenditures were $3.465 billion in 2020, $3.85 billion in 2021, $5.0 billion in 2022, $6.185 billion in 2023, and peaked at $6.372 billion in 2024.
- For 2025, total capital expenditures are expected to range from $6.2 billion to $6.4 billion, a revised outlook after the Encino acquisition.
- The primary focus of capital expenditures includes maintaining activity in the Delaware Basin, increasing activity in the Utica and Dorado plays, and funding strategic infrastructure projects and international exploration in Trinidad and Bahrain.
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 12262025 | TPL | Texas Pacific Land | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 77.5% | 77.5% | -2.1% |
| 12122025 | NOV | NOV | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 23.0% | 23.0% | -6.5% |
| 12122025 | RIG | Transocean | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 55.2% | 55.2% | -7.0% |
| 11212025 | WHD | Cactus | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 41.3% | 41.3% | 0.0% |
| 10172025 | OVV | Ovintiv | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 38.2% | 38.2% | 0.0% |
| 01312023 | EOG | EOG Resources | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 1.9% | -9.6% | -22.6% |
| 11302021 | EOG | EOG Resources | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 64.7% | 77.5% | -1.9% |
| 01312020 | EOG | EOG Resources | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -34.7% | -27.8% | -59.2% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 83.27 |
| Mkt Cap | 51.1 |
| Rev LTM | 19,390 |
| Op Inc LTM | 4,387 |
| FCF LTM | 3,124 |
| FCF 3Y Avg | 3,153 |
| CFO LTM | 9,401 |
| CFO 3Y Avg | 9,103 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.3% |
| Rev Chg 3Y Avg | -5.4% |
| Rev Chg Q | -8.0% |
| QoQ Delta Rev Chg LTM | -1.5% |
| Op Mgn LTM | 26.5% |
| Op Mgn 3Y Avg | 31.1% |
| QoQ Delta Op Mgn LTM | -1.0% |
| CFO/Rev LTM | 46.6% |
| CFO/Rev 3Y Avg | 45.8% |
| FCF/Rev LTM | 15.8% |
| FCF/Rev 3Y Avg | 14.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 51.1 |
| P/S | 2.4 |
| P/EBIT | 10.1 |
| P/E | 15.4 |
| P/CFO | 5.3 |
| Total Yield | 9.6% |
| Dividend Yield | 2.6% |
| FCF Yield 3Y Avg | 6.9% |
| D/E | 0.3 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 11.0% |
| 3M Rtn | 20.5% |
| 6M Rtn | 17.2% |
| 12M Rtn | 15.5% |
| 3Y Rtn | 5.6% |
| 1M Excs Rtn | 13.7% |
| 3M Excs Rtn | 23.1% |
| 6M Excs Rtn | 12.4% |
| 12M Excs Rtn | 4.3% |
| 3Y Excs Rtn | -65.5% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $124.08 | |
| Market Cap ($ Bil) | 66.6 | |
| First Trading Date | 10/04/1989 | |
| Distance from 52W High | -1.0% | |
| 50 Days | 200 Days | |
| DMA Price | $110.41 | $112.02 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 12.4% | 10.8% |
| 3M | 1YR | |
| Volatility | 29.0% | 29.8% |
| Downside Capture | -78.92 | 39.69 |
| Upside Capture | 19.83 | 34.77 |
| Correlation (SPY) | -0.7% | 49.8% |
EOG Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.08 | -0.09 | -0.09 | 0.13 | 0.76 | 0.65 |
| Up Beta | 0.16 | 0.02 | 0.02 | 0.37 | 0.81 | 0.69 |
| Down Beta | 2.24 | 1.02 | 0.31 | 0.69 | 1.25 | 1.02 |
| Up Capture | 17% | 14% | 19% | -12% | 22% | 15% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 12 | 24 | 33 | 60 | 125 | 392 |
| Down Capture | -151% | -167% | -90% | -26% | 50% | 69% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 9 | 17 | 28 | 63 | 125 | 359 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EOG | |
|---|---|---|---|---|
| EOG | -0.9% | 29.8% | -0.02 | - |
| Sector ETF (XLE) | 28.7% | 25.1% | 0.96 | 86.8% |
| Equity (SPY) | 16.5% | 19.4% | 0.66 | 49.0% |
| Gold (GLD) | 81.3% | 25.7% | 2.29 | 10.8% |
| Commodities (DBC) | 13.4% | 16.9% | 0.58 | 65.5% |
| Real Estate (VNQ) | 7.3% | 16.6% | 0.25 | 41.3% |
| Bitcoin (BTCUSD) | -22.0% | 44.9% | -0.42 | 20.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EOG | |
|---|---|---|---|---|
| EOG | 19.1% | 34.1% | 0.58 | - |
| Sector ETF (XLE) | 22.9% | 26.3% | 0.79 | 88.8% |
| Equity (SPY) | 13.6% | 17.0% | 0.63 | 35.2% |
| Gold (GLD) | 23.5% | 17.1% | 1.12 | 16.7% |
| Commodities (DBC) | 10.6% | 19.0% | 0.44 | 62.4% |
| Real Estate (VNQ) | 5.1% | 18.8% | 0.18 | 28.2% |
| Bitcoin (BTCUSD) | 4.0% | 57.0% | 0.29 | 13.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EOG | |
|---|---|---|---|---|
| EOG | 9.3% | 39.3% | 0.36 | - |
| Sector ETF (XLE) | 11.4% | 29.5% | 0.42 | 87.6% |
| Equity (SPY) | 15.4% | 17.9% | 0.74 | 46.8% |
| Gold (GLD) | 15.3% | 15.6% | 0.82 | 5.5% |
| Commodities (DBC) | 8.7% | 17.6% | 0.41 | 60.4% |
| Real Estate (VNQ) | 6.6% | 20.7% | 0.28 | 35.4% |
| Bitcoin (BTCUSD) | 65.8% | 66.8% | 1.05 | 13.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | 0.4% | 4.0% | 4.2% |
| 8/7/2025 | 0.3% | 3.3% | 1.4% |
| 2/27/2025 | -2.8% | -6.4% | -3.1% |
| 11/7/2024 | 6.1% | 6.9% | 1.1% |
| 8/1/2024 | -0.2% | 3.0% | 4.6% |
| 5/2/2024 | -1.4% | -0.9% | -9.2% |
| 2/22/2024 | -3.9% | -1.7% | 7.3% |
| 11/2/2023 | -0.4% | -5.7% | -4.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 13 | 13 |
| # Negative | 11 | 10 | 10 |
| Median Positive | 5.0% | 3.4% | 7.3% |
| Median Negative | -2.8% | -1.7% | -4.0% |
| Max Positive | 8.0% | 13.7% | 44.9% |
| Max Negative | -8.5% | -6.8% | -40.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Leitzell, Jeffrey R | EVP & COO | Direct | Sell | 1052026 | 105.68 | 2,000 | 211,360 | 5,810,186 | Form |
| 2 | Leitzell, Jeffrey R | EVP & COO | Direct | Buy | 10272025 | 107.64 | 3 | 323 | 6,132,180 | Form |
| 3 | Leitzell, Jeffrey R | EVP & COO | Direct | Buy | 10272025 | 107.97 | 4 | 432 | 6,151,412 | Form |
| 4 | Leitzell, Jeffrey R | EVP & COO | Direct | Sell | 10022025 | 112.05 | 1,889 | 211,662 | 6,383,079 | Form |
| 5 | Crisp, Charles R | Direct | Sell | 8192025 | 119.99 | 1,589 | 190,657 | 7,493,652 | Form |
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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