EOG Resources (EOG) maintains a Buy rating, supported by strong financials, robust free cash flow, and a diversified multi-basin and international growth strategy. EOG's integration of Encino, cost reductions, and international expansion drive higher FCF guidance, with 89% of 2025's estimated FCF already allocated to shareholder returns via dividends and buybacks. Macro factors - including potential Fed rate cuts, geopolitical tensions, and OPEC actions - create both risks and opportunities for EOG, but natural gas exposure offers long-term potential.
EOG posts Q3 EPS of $2.71, topping estimates on strong output growth, though lower price realization weighs on revenue.
EOG Resources (EOG) came out with quarterly earnings of $2.71 per share, beating the Zacks Consensus Estimate of $2.43 per share. This compares to earnings of $2.89 per share a year ago.
| - Industry | - Sector | Ezra Y. Yacob CEO | NYSE Exchange | 26875P101 CUSIP |
| US Country | 3,150 Employees | 16 Jan 2026 Last Dividend | 1 Apr 2014 Last Split | 4 Oct 1989 IPO Date |
EOG Resources, Inc., initially known as Enron Oil & Gas Company, was established in 1985 and now operates with its subsidiaries, primarily engaging in the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas. Its operations are widespread, including multiple producing basins in the United States, the Republic of Trinidad and Tobago, and other international locations. The company has its headquarters in Houston, Texas, indicating its strong presence in the heart of the energy industry in the U.S.
EOG Resources, Inc. extracts and markets crude oil. Their operations span across prime oil-producing basins, leveraging advanced technology for efficient extraction and sustainability. This resource is pivotal for various industries and remains a primary focus of their production efforts.
The company also specializes in the extraction and sale of natural gas liquids. These hydrocarbons, found in the raw natural gas stream, include ethane, propane, butanes, and pentanes. NGLs have extensive applications ranging from heating fuels to petrochemical feedstocks, embodying a critical component of EOG Resources’ product portfolio.
Alongside oil and NGLs, EOG Resources is a prominent producer of natural gas. This product is essential for power generation, heating, and as a fuel source for industries. Their expertise in gas extraction and marketing underscores their diversified energy portfolio.