Valued at a market cap of $71.9 billion, Houston, Texas-based EOG Resources, Inc. (EOG) operates in the oil and gas exploration and production industry. The company focuses on developing and marketing crude oil, natural gas, and natural gas liquids across the United States, Trinidad and Tobago, and internationally.
Shares of the oil and gas company have lagged behind the broader market over the past 52 weeks. EOG has risen 3.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 36.4%. In 2024, EOG's shares gained 4.6%, compared to SPX's 25.2% YTD return.
