EOG Resources is trading 4.1% up today at $139.53 as investors price in leverage to sharply higher crude oil amid US–Iran tensions and sector-wide energy gains.
- The move builds on strong Q1 2026 results and an oil-weighted growth strategy featuring raised oil and NGL production guidance.
- Management maintained a $6.5 billion capital budget, positioning the company to benefit more directly from the latest spike in global oil prices.