EOG Pivot to Gas: $6.5B 2026 Plan, Feb 25 Call Key
EOG Resources is shifting capital and strategy toward natural gas in 2026, unveiling a $6.5 billion capex plan, low-to-flat oil guidance and a supply deal tied to Cheniere’s Corpus Christi Stage 3 LNG project. With muted daily trading and several analyst target trims, the company’s Feb. 25 earnings call will be the primary near-term catalyst for stock direction.