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EOG

EOG Resources

NYSEEnergyOil & Gas E&pSnapshot 2026-05-08

$130.03-0.66%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, EOG has a composite score of 13.2 and a signal label of "mild_favorable." The company momentum score increased significantly by 60.0 points, reaching 43.2, while the composite insight score rose by 10.4 points to 13.2. These changes indicate improved performance and outlook for the company.

Composite +13as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.00
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
2271174718362228
F2 · Value
cheap
Cheapest 20% of energy cohort
Why this rank
Price
$130.03
TTM EPS
$11.21
Earnings yield
8.6%
P/E (TTM)
11.6

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
6,403
TTM CFO ($M)
12,143
CFO/NI
1.90
L2

Watch

has something changed worth re-reading?
F4 · Management stability
neutral
Mid-cohort activity· see deep-dive ↓
capital unfriendlyBottom 30% — net capital-unfriendly direction
Earnings setup · pre-print positioning
forward-looking
bullish strongEPS revised +27.5% / 30d, n=19for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $3.53 → $4.51 (+27.5% / 30d). 15 raised, 5 cut, 19 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 3 maintained. 41% of analysts rate Buy.

Price target activity

3 PT revisions / 30d. Avg target 14.8% above current price.

Material events

1 positive, 1 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Maintain strong cash flow from operationscapital allocationwatchprovisional
    11/6: EOG reported cash from operating activities of $7.43 billion in Q3 2025.
    Why this status

    Stated in 3 of last 3 quarters. Cash from operating activities was $7.43 billion in Q3 2025, indicating a strong cash flow position. However, Q4 2025 saw a negative cash flow of $2.51 billion, showing limited progress in maintaining consistent cash flow.

  2. 2.Focus on cost management and efficiencycostwatchprovisional
    11/6: EOG's operating expenses were $4.01 billion in Q3 2025.
    Why this status

    Stated in 3 of last 3 quarters. Operating expenses were $4.01 billion in Q3 2025, reflecting ongoing efforts in cost management. However, Q4 2025 expenses increased to $4.70 billion, indicating limited progress in achieving cost efficiency.

  3. 3.Enhance shareholder returnscapital allocationwatchprovisional
    11/6: EOG declared a dividend of $1.02 per share in Q4 2025.
    Why this status

    Stated in 2 of last 2 quarters. EOG declared a dividend of $1.02 per share in Q4 2025, demonstrating a commitment to shareholder returns. However, the absence of share buybacks suggests limited progress in enhancing returns through capital allocation.

3

Guidance track record

Last 8 quarters of EPS guidance with actuals.

1 beat, 1 miss
Per-quarter detail
PeriodGuidanceActualResult
2023-03-31$3.30$2.69miss
2023-06-30$3.45$2.49unclassifiable
2023-09-30$2.66$3.44unclassifiable
2024-03-31$3.42$2.82unclassifiable
2024-09-30$2.95$2.89unclassifiable
2025-03-31$2.23$2.87unclassifiable
2025-09-30$2.46$2.71unclassifiable
2026-03-31$2.27$3.41beat

Beat / inside / miss is computed from the guided range when issued; for point-estimate quarters a ±5% tolerance band around the mid is used. surprise_pct_vs_mid is unstable when guided EPS is near zero, so it is not surfaced as a headline.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −19%, typical day ±1.1%
Why this risk level

Recent vol — 30d annualized 32%; 252d 26%.

Drawdown — Max 1y −19%. Bad day move −3%.

Beta to sector ETF (XLE) 0.09 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 57/100, drawdown 63/100, beta 9/100, earnings vol .

Calm + bullish setup — clean pre-earnings positioning pattern.

Sector regime
headwind-5.6%sector vs S&P 500, 60d

via XLE

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. score change · company_momentum_score
    severity 100

    Company momentum rose by 60.0 points (from -16.8 to 43.2).

  2. score change · composite_insight_score
    severity 21

    Composite insight rose by 10.4 points (from 2.8 to 13.2).

  3. label change · signal_label
    severity 20

    Signal changed from 'mixed' to 'mild_favorable'.

As of 2026-05-08, EOG's company momentum score rose by 60.0 points, increasing from -16.8 to 43.2. The composite insight score also increased by 10.4 points, moving from 2.8 to 13.2. Additionally, the signal label changed from 'mixed' to 'mild_favorable'.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite64.2 / 100
Capital allocation88
Earnings discipline59
Margin discipline63
Balance sheet52
Guidance credibility55
Post-call reaction56

Met or beat guidance 50% of the last 6 guided quarters · 10.2% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Maintain strong cash flow from operations

    Capital allocation

    Focus on maintaining robust cash flow from operations to support financial stability.

    Watch

    Stated in 3 of last 3 quarters. Cash from operating activities was $7.43 billion in Q3 2025, indicating a strong cash flow position. However, Q4 2025 saw a negative cash flow of $2.51 billion, showing limited progress in maintaining consistent cash flow.

    No score
    CEO/CFO:EOG reported cash from operating activities of $7.43 billion in Q3 2025.
    10-QSource dated 2025-11-06Stated 3 of last 8 quartersFirst seen 2025-11-06provisional
    Show history (3)
    • 2025-Q4Press release

      EOG continues to focus on maintaining strong cash flow from operations.

    • 2025-Q310-Q

      Cash flow from operations remains a key focus for EOG.

    • 2025-Q210-Q

      Our strategy emphasizes robust cash flow generation.

  • #2

    Focus on cost management and efficiency

    Cost

    EOG is committed to managing costs and improving operational efficiency.

    Watch

    Stated in 3 of last 3 quarters. Operating expenses were $4.01 billion in Q3 2025, reflecting ongoing efforts in cost management. However, Q4 2025 expenses increased to $4.70 billion, indicating limited progress in achieving cost efficiency.

    Operating expenses were $4.01 billion in Q3 2025
    No score
    CEO/CFO:EOG's operating expenses were $4.01 billion in Q3 2025.
    10-QSource dated 2025-11-06Stated 3 of last 8 quartersFirst seen 2025-11-06provisional
    Show history (3)
    • 2025-Q4Press release

      We continue to focus on cost management and efficiency improvements.

    • 2025-Q310-Q

      Cost management remains a priority for EOG.

    • 2025-Q210-Q

      Efficiency and cost control are central to our strategy.

  • #3

    Enhance shareholder returns

    Capital allocation

    EOG aims to enhance shareholder returns through dividends and strategic capital allocation.

    Watch

    Stated in 2 of last 2 quarters. EOG declared a dividend of $1.02 per share in Q4 2025, demonstrating a commitment to shareholder returns. However, the absence of share buybacks suggests limited progress in enhancing returns through capital allocation.

    Declared a dividend of $1.02 per share in Q4 2025
    No score
    CEO/CFO:EOG declared a dividend of $1.02 per share in Q4 2025.
    10-QSource dated 2025-11-06Stated 2 of last 8 quartersFirst seen 2025-11-06provisional
    Show history (2)
    • 2025-Q4Press release

      We are committed to enhancing shareholder returns.

    • 2025-Q310-Q

      Enhancing shareholder returns remains a focus.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
higher = cheaper

Not enough peers to compare yet.

Compared to its own history
34higher = cheaper

Richer than its own typical valuation.

P/E
12.2x
EV/EBITDA
6.2x
FCF yield
5.9%

P/E over the last 5 years

56 monthly points
fullas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
EOG
EOG Resources
+13fullmoderate
XOM
ExxonMobil
+5.8expensivemoderate
CVX
Chevron Corporation
+3.0expensivemoderate
COP
ConocoPhillips
+8.0expensivemoderate
WMB
Williams Companies
+4.1fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.1%
A bad day (95th %ile)
A rough but not unusual down day.
-2.9%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-18.5%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If inflation state reverses from -0.34 (negative) to +0.34 (positive)+5.4 pts
  • If energy sector trend rises from -0.03 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-05-05)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-05-05)-8.0 pts
  • If energy sector trend falls from -0.03 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-053d agoItem 2.02

    Results of Operations and Financial Condition. On May 5, 2026, EOG Resources, Inc. issued a press release announcing first quarter 2026 financial and operational results and second quarter and full year 2026 forecast and benchmark commodity pricing information (see

    earnings preannouncementnegativescore 74
  2. 2026-04-0929d agoItem 2.02

    Results of Operations and Financial Condition. I. Recent Developments On April 9, 2026, EOG Resources, Inc. (EOG) updated its guidance regarding current tax expense for the first quarter 2026. In its guidance for the first quarter and full year 2026 issued with fourth quarter 2025 results on February 24, 2026, EOG forecasted current tax expense for the first quarter 2026 of $230 million - $330 million. Due to the higher crude oil prices realized in the first quarter 2026 and anticipated for t…

    earnings preannouncementpositivescore 37
  3. 2026-02-242mo agoItem 2.02

    Results of Operations and Financial Condition. On February 24, 2026, EOG Resources, Inc. issued a press release announcing fourth quarter 2025 financial and operational results and first quarter and full year 2026 forecast and benchmark commodity pricing information (see

    earnings preannouncementneutralscore 12
  4. 2026-01-123mo agoItem 2.02

    Results of Operations and Financial Condition. I. Price Risk Management and Other With the objective of enhancing the certainty of future revenues and cash flows, from time to time EOG enters into financial price swap, option, swaption, collar and basis swap contracts (collectively, Financial Commodity Derivative Contracts). EOG accounts for its Financial Commodity Derivative Contracts using the mark-to-market accounting method. In addition, EOG accounts for its 10-year natural gas sales agre…

    earnings preannouncementneutralscore 5
  5. 2025-12-114mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On December 10, 2025, John D. Chandler was appointed to the Board of Directors (Board) of EOG Resources, Inc. (EOG) and to the Audit Committee of the Board, in each case effective December 10, 2025. Mr. Chandler has more than 30 years of experience in the energy industry, predominantly in financial leadership and business development roles. Mr.…

    executive changeneutralscore 3
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-24 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.