EOG Resources (EOG) Stock Price, News & Analysis

+0.70 (+0.52%)
(As of 08:51 AM ET)
Today's Range
50-Day Range
52-Week Range
380 shs
Average Volume
3.35 million shs
Market Capitalization
$77.94 billion
P/E Ratio
Dividend Yield
Price Target

EOG Resources MarketRank™ Stock Analysis

Analyst Rating
2.48 Rating Score
5.5% Upside
$142.19 Price Target
Short Interest
1.67% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.83mentions of EOG Resources in the last 14 days
Based on 18 Articles This Week
Insider Trading
Proj. Earnings Growth
From $12.15 to $12.87 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.87 out of 5 stars

Oils/Energy Sector

65th out of 234 stocks

Crude Petroleum & Natural Gas Industry

26th out of 73 stocks

EOG stock logo

About EOG Resources Stock (NYSE:EOG)

EOG Resources, Inc. is a leading independent exploration and production company focusing on the oil and gas industry. Based in Houston, Texas, EOG's mission is to provide energy solutions that power the world while adhering to the highest environmental and safety standards. With its robust portfolio of assets, talented management team, and commitment to technological advancements, EOG Resources has emerged as a key player in the energy sector.

EOG Resources operates in multiple locations across the globe, primarily focusing on North America, including the United States, Canada, and Trinidad. The company's primary products and services revolve around the exploration, development, production, and marketing of crude oil and natural gas. EOG Resources serves a diverse range of customers, including industrial, residential, and commercial sectors, as well as other energy companies.

EOG Resources is committed to minimizing its environmental impact. The company employs advanced drilling techniques and utilizes cutting-edge technologies to maximize production efficiency while reducing emissions and water usage. EOG's sustainability efforts align with its mission to provide reliable energy solutions for a sustainable future.

EOG Resources boasts a highly experienced and accomplished management team led by key executives with industry knowledge and expertise. Ezra Y. Yacob, Chairman and Chief Executive Officer, has driven the company's strategic growth initiatives. With a strong background in geoscience and leadership roles, Mr. Yacob has been with EOG Resources since 2005. He has served in various key positions, including President and Executive Vice President of Exploration and Production.

Lloyd W. "Billy" Helms, Jr., President and Chief Operating Officer, joined EOG Resources in 1995 and has held several significant leadership positions within the company. Mr. Helms has been pivotal in overseeing the company's operations, exploration activities, and production strategies.

Timothy K. Driggers, Executive Vice President and Chief Financial Officer, has been integral to EOG Resources since 1995. Mr. Driggers' financial acumen and expertise have contributed to the company's financial stability and growth.

EOG Resources has consistently demonstrated strong financial performance, with steady revenue growth and healthy profit margins. EOG Resources has successfully navigated market fluctuations and achieved long-term financial stability.

When considering the company's valuation metrics, EOG Resources has been favorably positioned compared to its industry peers. The company's valuation metrics, such as price-to-earnings and price-to-book ratios, have reflected investor confidence in the company's future prospects and financial strength.

With significant price movements and trading volume, EOG Resources' stock performance has been notable. The company's stock has demonstrated resilience, responding to market conditions and reflecting investor sentiment. Recent news and events, including industry trends, regulatory changes, and geopolitical factors, have influenced EOG's share price.

EOG Resources operates in a dynamic and competitive industry highly influenced by global market conditions, regulatory policies, and technological advancements. The company competes with international and domestic players and strives to maintain a competitive edge through its operational excellence, technological innovation, and strong asset portfolio.

EOG Resources is well-positioned to capitalize on growth opportunities in the energy sector. The company continues to explore and develop new reserves, expand its operations and optimize production techniques. EOG's focus on technological advancements, such as utilizing data analytics and artificial intelligence, enhances its capabilities in identifying and extracting hydrocarbon resources efficiently.

Like any company operating in the energy sector, EOG Resources faces various risks and challenges that can impact its operations and financial performance. Investors and stakeholders must be aware of these factors when evaluating the company's prospects.

EOG Resources' revenue and profitability are closely tied to crude oil and natural gas prices. Fluctuations in commodity prices can significantly impact the company's financial results. Factors such as global supply and demand dynamics, geopolitical tensions, and economic conditions can lead to price volatility, posing a risk to EOG's revenue and profitability.

The energy industry is subject to extensive regulations related to drilling, production, emissions, and environmental impact. Regulation changes, especially those aimed at reducing carbon emissions and transitioning to renewable energy sources, can require significant investments and impact the company's operational costs. Non-compliance with regulations could result in penalties and reputational damage.

EOG Resources relies on advanced technologies and innovations to efficiently explore and produce hydrocarbon reserves. However, technological advancements also bring inherent risks, such as data security threats and potential operational disruptions. Additionally, adopting new technologies may require substantial investments and successful implementation to yield desired results.

The energy sector is highly competitive, with numerous players vying for market share. EOG Resources competes with both established energy companies and emerging players. Intense competition can lead to pricing pressures and reduced margins. Moreover, market conditions, such as supply and demand imbalances, can impact the company's ability to sell its products at favorable prices.

EOG Resources operates in a global industry influenced by geopolitical tensions, trade policies, and macroeconomic conditions. Political instability, conflicts, and economic downturns in key markets can disrupt operations, impact demand for energy products and create uncertainty in the business environment.

EOG Resources has implemented various risk management strategies to mitigate the potential impacts of these risks and challenges:

EOG maintains a diverse portfolio of assets across multiple regions, allowing it to mitigate risks associated with specific geographic areas or regulatory environments. This diversification strategy helps spread risk and minimize the impact of localized disruptions.

The company emphasizes operational efficiency, cost discipline, and continuous improvement. By optimizing its operations, EOG aims to enhance productivity, reduce costs and mitigate the effects of commodity price fluctuations.

EOG Resources is committed to responsible environmental practices and sustainability. By proactively managing ecological risks and adopting environmentally friendly technologies, the company aims to mitigate regulatory and reputational risks.

EOG maintains a solid financial position, enabling it to weather market volatility and fund strategic initiatives. The company's prudent financial management and capital allocation strategies provide a cushion against potential economic downturns and industry challenges.

EOG Stock Price History

EOG Stock News Headlines

EOG Resources (NYSE:EOG) PT Raised to $157.00 at KeyCorp
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
EOG Resources (NYSE:EOG) Raised to Buy at StockNews.com
EOG Resources stock target raised by Mizuho
Morgan Stanley Sticks to Their Hold Rating for EOG Resources (EOG)
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
EOG Resources, Inc. (EOG)
EOG Resources President Helms Retires
EOG Resources President Billy Helms to retire
EOG Resources: Organic Growth At A Discount
EOG Resources (NYSE: EOG)
EOG Mar 2024 130.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 1/31 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 4/30 Dividend
Dividend Payable
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Crude petroleum & natural gas
Oil & Gas Exploration & Production
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
21 Analysts


Net Income
$7.59 billion
Pretax Margin


Sales & Book Value

Annual Sales
$24.19 billion
Cash Flow
$17.90 per share
Book Value
$48.17 per share


Free Float
Market Cap
$77.54 billion

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Should I Buy EOG Resources Stock? EOG Pros and Cons Explained


Here are some ways that investors could benefit from investing in EOG Resources, Inc.:

  • EOG Resources has a strong market presence in the oil and gas exploration and production industry, with a focus on producing basins in the United States and internationally.
  • The company has a diversified portfolio that includes crude oil, natural gas liquids, and natural gas, providing stability and potential for growth.
  • Recent stock performance shows resilience with a market cap of $77.93 billion, a PE ratio of 10.45, and a beta of 1.40, indicating a strong position in the market.
  • EOG Resources has a solid financial position with a debt-to-equity ratio of 0.13, a current ratio of 2.44, and a quick ratio of 2.13, showcasing financial stability and liquidity.
  • The company's consistent exploration and production activities contribute to long-term value creation for investors.


Investors should be bearish about investing in EOG Resources, Inc. for these reasons:

  • The oil and gas industry is subject to volatility due to factors like fluctuating commodity prices, geopolitical risks, and regulatory changes, which can impact EOG Resources' financial performance.
  • Environmental concerns and increasing focus on renewable energy sources may pose challenges to the long-term sustainability of traditional oil and gas companies like EOG Resources.
  • Market competition and technological advancements in the energy sector could affect EOG Resources' competitive position and market share.
  • Dependency on global economic conditions and energy demand trends may expose EOG Resources to macroeconomic risks beyond its control.
  • Investors should carefully monitor industry trends and company developments to assess the potential impact on EOG Resources' future growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these EOG Resources pros and cons to contact@marketbeat.com.

EOG Stock Analysis - Frequently Asked Questions

Should I buy or sell EOG Resources stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EOG Resources in the last twelve months. There are currently 12 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EOG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EOG, but not buy additional shares or sell existing shares.
View EOG analyst ratings
or view top-rated stocks.

What is EOG Resources' stock price target for 2024?

21 brokerages have issued 12 month price objectives for EOG Resources' stock. Their EOG share price targets range from $113.00 to $163.00. On average, they expect the company's share price to reach $142.19 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
View analysts price targets for EOG
or view top-rated stocks among Wall Street analysts.

How have EOG shares performed in 2024?

EOG Resources' stock was trading at $120.95 at the beginning of the year. Since then, EOG stock has increased by 11.5% and is now trading at $134.80.
View the best growth stocks for 2024 here

Are investors shorting EOG Resources?

EOG Resources saw a increase in short interest in March. As of March 15th, there was short interest totaling 9,460,000 shares, an increase of 24.0% from the February 29th total of 7,630,000 shares. Based on an average daily trading volume, of 3,420,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.6% of the company's stock are sold short.
View EOG Resources' Short Interest

When is EOG Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our EOG earnings forecast

How can I listen to EOG Resources' earnings call?

EOG Resources will be holding an earnings conference call on Friday, May 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were EOG Resources' earnings last quarter?

EOG Resources, Inc. (NYSE:EOG) released its quarterly earnings results on Friday, February, 23rd. The energy exploration company reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.14 by $0.07. The energy exploration company earned $6.36 billion during the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a net margin of 31.40% and a trailing twelve-month return on equity of 25.38%. The business's quarterly revenue was down 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.30 earnings per share.
Read the conference call transcript

How often does EOG Resources pay dividends? What is the dividend yield for EOG Resources?

EOG Resources declared a quarterly dividend on Thursday, February 22nd. Investors of record on Tuesday, April 16th will be given a dividend of $0.91 per share on Tuesday, April 30th. This represents a $3.64 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date is Monday, April 15th.
Read our dividend analysis for EOG

Is EOG Resources a good dividend stock?

EOG Resources (NYSE:EOG) pays an annual dividend of $3.64 per share and currently has a dividend yield of 2.72%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 27.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EOG will have a dividend payout ratio of 28.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EOG.

When did EOG Resources' stock split?

EOG Resources shares split before market open on Tuesday, April 1st 2014. The 2-1 split was announced on Monday, February 24th 2014. The newly created shares were distributed to shareholders after the closing bell on Monday, March 31st 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is William R. Thomas' approval rating as EOG Resources' CEO?

57 employees have rated EOG Resources Chief Executive Officer William R. Thomas on Glassdoor.com. William R. Thomas has an approval rating of 97% among the company's employees. This puts William R. Thomas in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of EOG Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EOG Resources investors own include Intel (INTC), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), Cisco Systems (CSCO), Chevron (CVX), NVIDIA (NVDA), Gilead Sciences (GILD), Boeing (BA), Johnson & Johnson (JNJ) and Alibaba Group (BABA).

Who are EOG Resources' major shareholders?

EOG Resources' stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.48%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.26%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Raymond James & Associates (0.15%), Douglas Lane & Associates LLC (0.09%) and Raymond James Financial Services Advisors Inc. (0.05%). Insiders that own company stock include Ann D Janssen, Jeffrey R Leitzell, Kenneth W Boedeker, Lloyd W Helms Jr, Michael P Donaldson, Michael T Kerr and Timothy K Driggers.
View institutional ownership trends

How do I buy shares of EOG Resources?

Shares of EOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does EOG Resources have any subsidiaries?
The following companies are subsidiares of EOG Resources: EOG Canada Oil & Gas Inc., EOG Expat Services Inc., EOG Resources (Nevis) Block 4 (a) Limited, EOG Resources Block 4(a) Company, EOG Resources China Limited, EOG Resources International Inc., EOG Resources Marketing LLC, EOG Resources Muscat Block 49 SPC, EOG Resources Muscat SPC, EOG Resources Nevis U (b) Block Limited, EOG Resources Nitro2000 Company, EOG Resources Nitro2000 Ltd., EOG Resources Oman Block 49 Limited, EOG Resources Oman Limited, EOG Resources Railyard (North Dakota) Inc., EOG Resources Railyard Inc., EOG Resources Trinidad Block 4(a) Unlimited, EOG Resources Trinidad Limited, EOG Resources Trinidad Nitro Unlimited, EOG Resources Trinidad U(b) Block Unlimited, EOG Resources Trinidad – U(a) Block Limited, EOG Resources U(b) Block Company, EOG – Canada Inc., EOGI China International Ltd., EOGI International Company, EOGI International Inc., EOGI Oman International Block 49 Ltd., EOGI Oman International Ltd., EOGI Trinidad – U(a) Block Company, Energy Search, Galveston LNG, Hawthorn Oil Transportation (North Dakota) Inc., Hawthorn Oil Transportation Inc., Murrott Capital Ltd., Nilo Operating Company, Pecan Pipeline (North Dakota) Inc., Pecan Pipeline Company, and Yates Petroleum.
Read More
This page (NYSE:EOG) was last updated on 4/24/2024 by MarketBeat.com Staff

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