EOG's first-quarter results are expected to benefit from higher natural gas prices, cost reductions and high-quality drilling acreage.
EOG Resources (EOG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EOG Resources (EOG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
EOG Resources (EOG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
EOG Resources is undervalued at $109 with a fair value of $147, trading at 4.8x EV/EBITDA. The company excels in capital management, returning 90% of free cash flow to shareholders over the last three years. EOG boasts ultra-low-cost operations, particularly in the Delaware Basin, and maintains a conservative balance sheet with low debt levels.
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.