EOG Resources, Inc. (NYSE:EOG) is one of the Goldman Sachs Energy Stocks: 10 Stocks to Buy.

On February 25, 2026, Reuters reported that EOG Resources, Inc. (NYSE:EOG) exceeded fourth-quarter profit projections due to solid production and higher natural gas prices. The corporation produced 1.40 million barrels of oil equivalent per day in Q4, up from 1.09 million the previous year. Furthermore, U.S. natural gas futures surged by more than 11% sequentially due to increasing demand and pipeline flows, breaking a previous drop in prices.

The firm’s adjusted profit for the quarter ended December 31 exceeded expectations at $2.27 per share, compared to the average forecast of $2.19, mainly due to increased output and gas prices.Β  EOG Resources, Inc. (NYSE:EOG) acquired Encino Acquisition Partners for $5.6 billion in May 2025, increasing its output and presence in the Utica Shale, a major natural gas basin in the United States.

Photo by Zbynek Burival on Unsplash

The business anticipates 1.37 million to 1.42 million boepd production in 2026, with a first-quarter output range of 1.35-1.40 million boepd. EOG Resources, Inc. (NYSE:EOG) estimates an annual capital expenditure of $6.3-6.7 billion for the year.

EOG Resources, Inc. (NYSE:EOG) is engaged in the exploration, development, production, and sale of crude oil and natural gas. It operates in three geographical segments: the United States, Trinidad, and Other International.

While we acknowledge the potential of EOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.