EOG Resources (EOG): analysis in plain words
Is EOG Resources cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
EOG Resources (EOG) is listed on the NYSE and we classify it in oil and gas. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against EOG Resources according to those figures, and the questions people ask most about the stock. No buy or sell tips.
EOG Resources (EOG) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | $147.06 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 11.4x | Price over earnings per share |
| Revenue growth | +58.7% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 25.7% | Profit for every 100 of sales |
| Net debt / EBITDA | 0.2x | Years of operating profit to repay debt |
| Dividend yield | 2.63% | Annual dividend over price |
| Market cap | $77.1 billion | What the stock market values it at |
The EOG Resources figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any EOG figure that is not available shows as N/A: we do not estimate it.
How EOG Resources makes money
EOG Resources produces crude oil, natural gas and natural gas liquids in the United States, with acreage in the Permian Basin, Eagle Ford, Utica and Dorado. Crude oil is its biggest revenue source, so results swing with output and commodity prices. It sells production to refiners and marketers.
Over the last 12 months, EOG Resources brought in revenue of $26.7 billion. For every 100 it sells, EOG Resources keeps 62.6 after the direct cost of what it sells (gross margin) and 40.7 after all operating costs (operating margin).
EOG Resources against its sector
To know whether a EOG Resources figure is high or low you have to put it next to similar companies. This table compares EOG Resources with the median of the 14 oil and gas companies Fintols covers, with data as of November 4, 2026.
| Figure | EOG Resources | oil and gas median |
|---|---|---|
| P/E | 11.4x | 16.1x (14) |
| Revenue growth | +58.7% | +38.3% (14) |
| Net margin | 25.7% | 10.5% (14) |
| Dividend yield | 2.63% | 2.52% (14) |
| Net debt / EBITDA | 0.2x | 0.6x (13) |
In short, against the typical oil and gas company, EOG Resources trades on a lower P/E, grows faster and earns a wider margin. By size, EOG Resources ranks number 8 of 11 oil and gas companies quoted in USD on Fintols.
The bull case for EOG Resources
These are the strengths in the EOG Resources figures as of November 4, 2026:
- EOG Resources is selling more than a year ago: +58.7% in its latest quarter (the typical oil and gas company grew +38.3%).
- Its net margin over the last 12 months is 25.7% (sector median: 10.5%): EOG Resources turns a large share of its sales into profit.
- EOG Resources generates real cash: $4.5 billion of free cash flow over 12 months, 5.8% of its stock market value.
The main risk for EOG Resources
The EOG Resources figures as of November 4, 2026 show no clear red flag (no heavy debt, no losses, no falling sales). Its main risk is the one built into its business: oil and gas prices, which it does not control and which swing its profit year to year, plus the energy transition.
Frequently asked questions about EOG Resources
Is it a good time to buy EOG Resources stock?
Fintols does not tell you whether to buy or sell EOG Resources, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, EOG Resources stock trades at $147.06, 11% below its 52-week high ($165.93) and 45% above its low ($101.59). Its P/E is 11.4x against a oil and gas median of 16.1x, and 9.1x on the earnings analysts expect over the next 12 months. With EOG Resources, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does EOG Resources pay a dividend?
Yes. As of November 4, 2026, EOG Resources pays $4.08 per share a year, which at today's price is a yield of 2.63%. It uses 31% of its profit to pay it, which leaves room to keep paying it if profit dips.
Is EOG Resources stock expensive?
It depends on what you compare it with. On P/E, EOG Resources trades at 11.4x its last 12 months of earnings: cheaper than the oil and gas median (16.1x). Including its debt, EOG Resources is valued at 5.8x its EBITDA (EV/EBITDA). A high P/E alone does not make EOG Resources expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are EOG Resources's competitors?
On Fintols we compare EOG Resources with SLB, Phillips 66 and Marathon Petroleum, which are also in oil and gas. As of November 4, 2026, SLB is worth $76.1 billion and trades on a P/E of 25.0; Phillips 66 is worth $101.3 billion and trades on a P/E of 8.3; Marathon Petroleum is worth $106.9 billion and trades on a P/E of 7.8. Each has a side-by-side comparison with EOG Resources below.
EOG Resources competitors
- SLB (SLB) analysis · EOG Resources vs SLB comparison
- Phillips 66 (PSX) analysis · EOG Resources vs Phillips 66 comparison
- Marathon Petroleum (MPC) analysis · EOG Resources vs Marathon Petroleum comparison
To understand EOG Resources better
- Dividend Growth Investing: FCF Payout Ratio and Compounding
- P/E Ratio and EPS Explained: How to Read Them Without Traps
More companies like EOG Resources: oil and gas stocks and S&P 500 companies. Open the full EOG analysis with its valuation and scenarios. Educational content about EOG Resources, not investment advice.