EOG Resources digs for oil and gas in U.S. basins like the Permian, then sells crude and natural gas on global markets. Think of it as a high-tech drilling crew that finds and pumps hydrocarbons for a living.
Money comes from selling crude oil, natural gas liquids, and natural gas. Gross margin runs around 70%, but net margin swings with commodity prices—recently 25.7% on USD 22.57B revenue, so profits are recurring but volatile.
EOG holds prime acreage and a reputation for low-cost drilling, which keeps rivals like Exxon Mobil and Chevron from easily matching its returns. But oil prices are set globally, so no producer controls pricing. Moat level: weak—commodity output means no durab
Buy (sector percentile 79) — value B, growth B, profitability A-, momentum B, revisions B-. Updated daily, sector-relative, identical for every user.
