EOG Resources, Inc. (EOG)

FairStock Score: 85/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for understandable businesses with durable economics and disciplined balance sheets. EOG fits the first part: it explores for and produces oil and gas, mainly in U.S. basins plus Trinidad and Tobago. In fiscal Q2 2026, the quarter ended 2026-06-30, it filed revenue of $8.6B, net income of $2.7B, and diluted EPS of $5.15. That is up from fiscal Q2 2025, the quarter ended 2025-06-30, when revenue was $5.5B, net income $1.3B, and diluted EPS $2.46. For fiscal year 2025, the year ended 2025-12-31, revenue was $22.6B, net income $5.0B, and diluted EPS $9.12. That was below fiscal year 2024, the year ended 2024-12-31, with revenue $23.7B, net income $6.4B, and diluted EPS $11.25, and fiscal year 2023, the year ended 2023-12-31, with revenue $24.2B, net income $7.6B, and diluted EPS $13.00. So this is a cyclical business: the Lynch category is CYCLICAL — Oil & Gas E&P, with earnings following the economic cycle. Balance sheet quality is a strength: FairStock's debt-to-equity is 0.26, Piotroski F-Score 9/9, and Altman Z-Score 3.42. Returns are good but not spectacular: FairStock's ROE is 22.51% and ROCE is 11.02%. Free cash flow is $6.6B TTM, an 8.2% FCF yield. At $153.17 close on 2026-10-13, FairStock's P/E is 11.92, P/B 2.53, EV/EBITDA 6.02, PEG 0.12, and Graham Number $132.41, leaving a margin of safety of -15.68%. That means the price is above my conservative Graham value, so I require a cyclical oil-price cushion. Good asset, fair-to-full price.

In plain English: EOG Resources is an oil and natural gas producer. It earns money by finding and selling crude oil, natural gas liquids, and natural gas. The business looks financially strong, with solid profits, low debt, and good cash flow, but the shares do not look deeply cheap because the price is above a conservative value estimate and oil prices can change profits quickly.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer