EOG Resources Inc. (NYSE: EOG)

Oil & Gas E&P · Houston, TX, United States · Founded 1999

$70.0B

Market Cap

$22.63B

Revenue

3,100

Employees

$4.98B

Net Income

📊 Key Statistics for EOG Resources Inc. (EOG)

Market capitalization: $70.0 billion
Annual revenue: $22.63 billion
Net income: $4.98 billion
Employees: 3,100
Sector: Energy
Headquarters: Houston, United States
Founded: 1999

Source: Statvoo company profile for EOG Resources Inc.. Browse all 500+ companies

📋 About EOG Resources Inc.

EOG Resources is one of the largest independent oil and gas producers in the United States, focused on crude oil production in premium shale basins — primarily the Permian (Texas/New Mexico), Eagle Ford (Texas), and Bakken (North Dakota). The company is known for operational excellence and capital discipline.

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💰 How EOG Resources Inc. Makes Money

Drill horizontal wells in shale formations, produce crude oil and natural gas, sell at market prices. EOG differentiates through technology — proprietary completion techniques, real-time drilling optimization, and a massive inventory of premium drilling locations that generate returns even at $40/barrel oil.

📜 Key Milestones

EOG was spun off from Enron in 1999 (originally Enron Oil & Gas). The company completely reinvented itself post-Enron, becoming one of the most respected operators in US shale. Under CEO Ezra Yacob, EOG has maintained strict capital discipline — returning cash to shareholders rather than chasing production growth.

📊 Financial Overview

Market Capitalization	$70.0B
Annual Revenue	$22.63B
Net Income	$4.98B
Profit Margin	22%
Revenue per Employee	$7300000K
Stock Exchange	NYSE
Ticker Symbol	EOG

Financial data is approximate and based on most recent annual filings.

💡 Did You Know?

EOG pioneered many of the horizontal drilling and completion techniques that made the US shale revolution possible. The company holds over 10,000 premium drilling locations — decades of inventory at current pace. Their 'premium standard' requires wells to generate 30%+ returns at $40 oil.

📝 Analyst Take

EOG is the operator's operator in US shale. Best-in-class execution, massive inventory, and genuine capital discipline. The stock pays a growing dividend plus special dividends when oil prices are high. If you want oil exposure without the governance drama of majors, EOG is the answer.

❓ Frequently Asked Questions