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EOG Resources Inc

eogresources.com

EOG Resources Inc (EOG) is an oil and gas exploration and production company that develops crude oil and natural gas assets. Revenue is generated by selling crude oil, natural gas, and related hydrocarbons at market-based commodity prices, making results directly tied to production volumes and prevailing energy prices. EOG describes its strategy as targeting high-return, low-cost production across its acreage positions, with a focus on horizontal drilling and advanced completion technologies including three-dimensional seismic data, microseismic analysis, and reservoir simulation models. The company operates across both domestic and foreign basins, though the filing excerpts do not break out specific geographic revenue percentages. EOG evaluates projects on rate of return, net present value, margins, and payback period, with the stated goal of maximizing cash flow and earnings per unit of production while maintaining balance sheet strength. The company pays a dividend, consistent with its stated shareholder value orientation, per the 10-K filed February 24, 2026.

Products & Services

Crude oil, natural gas, and natural gas liquids produced through horizontal drilling and hydraulic fracturing. Advanced technologies employed include three-dimensional seismic data, microseismic data, reservoir simulation models, and improved drilling and completion equipment.

Revenue Model

Transactional commodity sales. EOG produces crude oil and natural gas and sells volumes at market prices. Revenue per unit depends on realized commodity prices and total production volumes.

Customers & Markets

End markets are crude oil and natural gas consumers, including refiners, utilities, and industrial buyers. The filing excerpts do not identify specific customers or disclose customer concentration data.

Geographic Exposure

EOG operates in both domestic and foreign basins. The filing excerpts reference domestic and foreign operations but do not provide a specific geographic revenue breakdown.

Financial Snapshot

Revenue
TTM
$23.90B
Gross Margin
TTM
62.37%
Net Income
TTM
$5.497B
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
171.57%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
$15.60B
Book Value
2026 Q1
$37.77B
Cash
2026 Q1
P/E
TTM
14.41
Free Cash Flow
TTM
$3.966B

Stock Price

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Market Cap: $79.197 Billion

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