EOG Resources/$EOG

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About EOG Resources

EOG Resources is an oil and gas producer with acreage in several US shale plays, primarily in the Permian Basin and the Eagle Ford. At the end of 2024, it reported net proven reserves of 4.7 billion barrels of oil equivalent. Net production averaged roughly 1,062 thousand barrels of oil equivalent per day in 2024 at a ratio of 69% oil and natural gas liquids and 31% natural gas.

Ticker

$EOG
Sector

Primary listing

NYSE

Employees

3,150

EOG Resources Metrics

BasicAdvanced
$59B
10.41
$10.30
0.87
$3.84
3.64%

What the Analysts think about EOG Resources

Analyst ratings (Buy, Hold, Sell) for EOG Resources stock.

Bulls say / Bears say

Raised its 2025 production forecast to 1.224 million barrels of oil equivalent per day from a prior range of 1.1–1.14 million boepd following the closure of the $5.6 billion Encino acquisition, highlighting the immediate accretive impact of the deal. (Reuters)
Achieved Q2 2025 production of 1.13 million boepd, an 8.3 percent increase year-over-year that exceeded guidance midpoints, demonstrating strong operational execution in its core U.S. shale plays. (Reuters)
Reduced its Q1 2025 capital expenditure plan by $200 million to $5.8–6.2 billion amid tariff uncertainty, reflecting disciplined capital management without sacrificing production growth. (Reuters)
Brent crude prices fell nearly 20 percent year-over-year to $63.71 per barrel in Q2 2025, squeezing EOG’s revenue realization and pressuring its margins despite higher production volumes. (Reuters)
Raised its full-year capital expenditure outlook to $6.2–6.4 billion from $5.8–6.2 billion in Q2 2025, which could strain free cash flow if commodity prices remain subdued. (Reuters)
Financed the $5.6 billion Encino Acquisition Partners deal with $3.5 billion of new debt, increasing leverage and integration risks in the Utica shale basin. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 9 Oct 2025.

EOG Resources Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

EOG Resources Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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