With a market cap of $66.4 billion, EOG Resources, Inc. (EOG) is a leading independent U.S. oil and gas exploration and production company. Headquartered in Houston, Texas, it focuses on shale plays such as the Permian, Eagle Ford, and Bakken, while also operating internationally in places like Trinidad & Tobago.
Companies worth $10 billion or more are generally described as "large-cap stocks." EOG fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the Oil & Gas E&P industry. Formed in 1999 following its separation from Enron, it has grown into one of the country’s most efficient and profitable producers, with major operations across prolific shale basins.
