EOG Resources, Inc. (EOG)

EOG Resources' stock price has declined by 14.01% in the past six months and 10.26% over the last year. Key events include strong financial performance in Q4 2024, with $5.4 billion in free cash flow and $5.3 billion returned to shareholders. EOG proactively optimized its 2025 plan, reducing capital expenditures by $200 million due to potential global demand impacts. EOG completed a $5.6 billion acquisition of Encino Acquisition Partners' Utica Shale assets, expected to increase 2025 EBITDA by 10% and free cash flow by 9%. Insider selling activity and analyst adjustments due to inventory concerns have also impacted the stock.

Demand for EOG Resources' products exhibits seasonality, particularly for natural gas. Warm temperatures during winter lead to lower natural gas demand and prices, while strong winter demand can cause price spikes. EOG's CEO anticipates natural gas demand to increase throughout 2025, driven by LNG projects and power generation. Liquids demand is generally less sensitive to seasonal swings compared to natural gas.

EOG Resources, Inc. is an independent oil and gas company involved in the exploration, development, production, and marketing of crude oil, NGLs, and natural gas. The company operates in the Energy sector, focusing on Oil & Gas Operations. Its primary products include crude oil, natural gas, and NGLs. In 2024, crude oil and condensed products accounted for 79.1% of net sales, liquefied natural gas for 10.9%, and natural gas for 10%. The company focuses on organic growth, technological innovation, and disciplined capital investment.

EOG Resources' operations are mainly in North America, with a significant presence in the Permian Basin, Eagle Ford Shale, Niobrara Formation, Williston Basin, Appalachian Basin, Powder River Basin, DJ Basin, Anadarko Basin, and Barnett Shale. Internationally, EOG operates in the Republic of Trinidad and Tobago, with past activities in the United Kingdom North Sea, Canada, and China.

EOG Resources generally maintains a strong reputation in the energy sector, known for its leadership in shale plays and its disciplined approach to operations. The company emphasizes its commitment to strong environmental performance and sustainability. However, a U.S. Court of Appeals ruled against EOG regarding drilling rights, and the company did not respond to an Indigenous Rights Risk Report. The company also faces ongoing environmental backlash due to pressure for renewables and potential carbon taxes.

EOG Resources, Inc. has a mixed ownership structure. Institutional investors hold a significant majority, ranging from approximately 87.4% to 94.65% of the company's stock. Individual investors hold a smaller percentage, around 0.22% to 5.15%, while insiders own approximately 0.19% to 1.16% of the stock.