Houston, Texas-based EOG Resources, Inc. (EOG) explores, produces, and markets crude oil, natural gas liquids, and natural gas. With a market cap of approximately $63.6 billion, EOG Resources’ operations span the United States, the Republic of Trinidad and Tobago, and internationally.
The energy giant has significantly underperformed the broader market over the past year. EOG stock has dropped 4.8% over the past 52 weeks and 4.5% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 18.4% surge over the past year and 7.6% returns on a YTD basis.
