The Houston, Texas-based EOG Resources, Inc. (EOG) is a premier oil and gas producer with a footprint stretching across major shale basins and Trinidad. Valued at roughly $60.8 billion, the company controls about 535,000 net acres in Eagle Ford and 160,000 in Dorado, while concentrating on high-return Wolfcamp, Bone Spring, and Leonard plays spanning oil, NGLs, and natural gas.
Over the past 52 weeks, EOG Resources’ shares slipped 13.6%, underperforming the S&P 500 Index ($SPX), which rose 14.3%. The short-term picture looks brighter, however, as the EOG stock has climbed 6.8% year-to-date (YTD), comfortably outpacing the index’s modest 1.4% gain.
