Both EOG Resources and ConocoPhillips can lean on their strong balance sheet during uncertain times.
Favorable oil prices are aiding EOG. However, as an upstream company, it is highly exposed to extreme volatility in commodity prices.
EOG partners with Bapco Energies to assess a gas exploration prospect in Bahrain, supporting the Kingdom's National Energy Strategy.
By employing premium drilling, EOG will reduce its cash operating costs per barrel of oil equivalent, which will aid its bottom line.
Here is how EOG Resources (EOG) and CrossAmerica Partners (CAPL) have performed compared to their sector so far this year.
EOG Resources and Enterprise Products Partners are included in this Analyst Blog.
EOG Resources, Inc. (NYSE:EOG ) Q4 2024 Earnings Conference Call February 28, 2025 10:00 AM ET Company Participants Pearce Hammond - Vice President, Investor Relations Ezra Yacob - Chairman and Chief Executive Officer Ann Janssen - Executive Vice President and Chief Financial Officer Jeff Leitzell - Executive Vice President and Chief Operating Officer Keith Trasko - Senior Vice President, Exploration and Production Lance Terveen - Senior Vice President, Marketing and Midstream Conference Call Participants Neil Mehta - Goldman Sachs Arun Jayaram - JPMorgan Securities Josh Silverstein - UBS Leo Mariani - ROTH Capital Partners Derrick Whitfield - Texas Capital Nitin Kumar - Mizuho Securities John Freeman - Raymond James Neal Dingmann - Truist Securities John Abbott - Wolfe Research Operator Good day, everyone, and welcome to EOG Resources Fourth Quarter and Full Year 2024 Earnings Results Conference Call. As a reminder, this call is being recorded.
EOG Resources' Q4 earnings beat estimates on higher production. However, the revenue miss reflects the negative impact of decreased realizations for crude oil, condensates and natural gas prices.
EOG Resources and Enterprise Products are primed to soar, capitalizing on the thriving energy landscape and unlocking exceptional growth potential.
EOG Resources (EOG) came out with quarterly earnings of $2.74 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to earnings of $3.07 per share a year ago.
EOG Resources beat fourth-quarter profit estimates on Thursday, as higher production at the oil and gas firm helped offset lower oil prices.
Integrated oil majors like Exxon Mobil, Chevron, and Shell offer stability through diversification, but EOG Resources outperforms them in high oil price periods due to its focused E&P strategy. EOG Resources boasts higher profitability metrics and a strong balance sheet, making it a resilient investment despite potential downturns in the oil market. EOG's dividend growth is impressive, with a 2.92% yield and an average annual growth rate of 28% over the last five years.