EOG Resources
Develops oil and gas across the Delaware, Eagle Ford, Utica and other U.S. basins.
Something off on this page? Send us feedback.
Profile
Explores for, develops, produces and markets crude oil, natural gas liquids and natural gas, with nearly all reserves in U.S. basins. Production centers on the Delaware, Eagle Ford, Dorado and Utica plays, while offshore Trinidad contributes a smaller natural gas business.
Explores for, develops, produces and markets crude oil, natural gas liquids and natural gas. Core U.S. areas include the Delaware Basin, Eagle Ford and Dorado in South Texas, Utica, Powder River and Williston. Offshore Trinidad supplies most international production; Bahrain and the United Arab Emirates host exploration.
Builds drilling inventory from internally generated prospects and applies reservoir models, horizontal drilling technology and field expertise. The Encino acquisition made Utica a third foundational play beside Delaware and Eagle Ford.
Revenue comes from commodity sales and gathering, processing and marketing. Results depend on commodity prices, service and transport costs, infrastructure access, and permits and rules for hydraulic fracturing and emissions.
Company facts
Key statistics
Year to date +33.6% · Average volume (30d) 2.8M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 26, 2026 | Capital One Financial | Target | $153 | ||
| Aug 24, 2026 | Goldman Sachs | Reiterate | Neutral | $80 | $151 |
| Aug 19, 2026 | Morgan Stanley | Reiterate | Equal Weight | $156 | $157 |
| Aug 17, 2026 | Barclays | Reiterate | Equal Weight | $133 | $147 |
| Aug 12, 2026 | Wells Fargo | Reiterate | Overweight | $196 | $193 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q2 FY26 | $4.97 | $5.07 | +2.0% | $8.04B | $8.62B | +7.1% | −6.47% |
| May 5, 2026Q1 FY26 | $3.23 | $3.41 | +5.6% | $6.18B | $6.92B | +11.9% | −4.35% |
| Feb 24, 2026Q4 FY25 | $2.20 | $2.27 | +3.2% | $5.77B | $5.64B | −2.2% | −0.97% |
| Nov 6, 2025Q3 FY25 | $2.46 | $2.71 | +10.2% | $5.97B | $5.73B | −4.0% | +0.39% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $5.84B | $5.36B | $5.73B | $5.64B | $6.76B | $8.62B | |
| Gross profit | $3.99B | $3.45B | $3.55B | $4.39B | $5.36B | $5.49B | |
| Operating income | $1.86B | $1.75B | $1.84B | $2.49B | $2.60B | $3.53B | |
| Net income | $1.46B | $1.35B | $1.47B | $701.0M | $1.98B | $2.72B | |
| Diluted EPS | $2.65 | $2.46 | $2.70 | $1.30 | $3.70 | $5.15 | |
| Gross margin | 68.3% | 64.4% | 61.8% | 77.8% | 79.3% | 63.6% | |
| Operating margin | 31.8% | 32.6% | 32.0% | 44.1% | 38.4% | 40.9% |
Fiscal years (4-quarter sums)FY21 $19.67B · FY22 $29.49B · FY23 $23.18B · FY24 $23.38B · FY25 $22.57B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $4.91B · Total debt $8.25B · Total assets $54.78B · Shareholders' equity $31.86B
Dividends
Raised for 35 straight years — most recently to $1.02 from $0.975 in Oct 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 17, 2026 | Jul 17 | Jul 31 | $1.02 | |
| Apr 16, 2026 | Apr 16 | Apr 30 | $1.02 | |
| Jan 16, 2026 | Jan 16 | Jan 30 | $1.02 | |
| Oct 17, 2025 | Oct 17 | Oct 31 | $1.02 | raised from $0.975 |
| Jul 17, 2025 | Jul 17 | Jul 31 | $0.975 | |
| Apr 16, 2025 | Apr 16 | Apr 30 | $0.975 | |
| Jan 17, 2025 | Jan 17 | Jan 31 | $0.975 | raised from $0.91 |
| Oct 17, 2024 | Oct 17 | Oct 31 | $0.91 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 532.63M · Float 530.85M · 99.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Capital World Investors | 55.45M | 10.41% | 13F | Aug 12, 2026 |
| BlackRock, Inc. | 45.52M | 8.55% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 34.79M | 6.53% | 13F | Aug 13, 2026 |
| State Street Corp | 33.97M | 6.38% | 13F | Aug 7, 2026 |
| JPMorgan Chase & Co | 28.23M | 5.30% | 13F | Aug 12, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 24, 2026 | Ezra Y. Yacob | director, officer: Chairman & CEO | −35,942 | $152.10 |
| May 28, 2026 | Charles R. Crisp | director | −1,887 | $136.17 |
| Mar 31, 2026 | Jeffrey R. Leitzell | officer: EVP & COO | −5,698 | $150.32 |
| Mar 19, 2026 | Ann D. Janssen | officer: EVP & Chief Financial Officer | −4,161 | $140.04 |
| Mar 12, 2026 | Ann D. Janssen | officer: EVP & Chief Financial Officer | −2,597 | $134.31 |
Peers
- ConocoPhillips
Largest U.S. independent E&P overlapping in Eagle Ford, Permian, and Bakken.
- Devon Energy
Post-Coterra shale giant with Delaware, Eagle Ford, and Bakken overlap.
- Diamondback Energy
Permian pure-play contesting Delaware acreage and cost leadership.
- Occidental Petroleum
Delaware Basin leader with top-decile well performance in New Mexico.
- Ovintiv
Delaware Basin independent competing on well costs and lateral efficiency.
- APA
Mid-cap Permian independent with Delaware overlap and international assets.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| EOG Resources | $143.49 | +0.12% | $76.35B | 11.2 | 9.5 | 2.9 | +60.5% |
| ConocoPhillips | $129.95 | −0.32% | $158.80B | 17.3 | 13.4 | 2.5 | +39.7% |
| Devon Energy | $47.48 | +0.26% | $52.09B | 11.2 | 9.5 | 2.6 | +83.2% |
| Diamondback Energy | $197.67 | −0.03% | $55.61B | 38.6 | 10.7 | 3.3 | +32.1% |
| Occidental Petroleum | $59.23 | +0.23% | $58.78B | 9.1 | 13.2 | 2.3 | +27.7% |
| Ovintiv | $64.59 | −0.02% | $17.87B | 18.6 | 9.2 | 1.9 | +30.0% |
| APA | $42.61 | +0.18% | $15.04B | 9.0 | 9.5 | 1.7 | +10.2% |
| Median | 14.3 | 10.1 | 2.4 | +31.0% |