Investment Thesis
EOG Resources is a premier shale operator with low-cost acreage in the Permian, Eagle Ford, and Powder River Basin. Technology-driven drilling and capital discipline deliver high returns even at moderate oil prices.
- Premium Drilling: EOG’s proprietary geologic models target double-digit returns at $40 oil.
- Portfolio Diversity: Oil, NGL, and natural gas balance revenue mix.
- Capital Returns: Base dividend, buybacks, and special distributions reward shareholders.