EOG Resources vs SLB

This page compares EOG Resources, Inc. and SLB (Schlumberger Limited), outlining their business models, financial performance, and market context in a neutral, accessible way. Educational content, not financial advice.

This page compares EOG Resources, Inc. and SLB (Schlumberger Limited), outlining their business models, financial performance, and market context in a neutral, accessible way. Educational content, not...

Comparison Snapshot

Key Financial Metrics

EOG

Metric

SLB

$58.82B

Market Cap

$71.85B

22.39%

Potential Profit

-4.38%

Buy

Analyst Rating

Buy

Why It's Moving

EOG Resources Gains Traction as Analysts Eye Undervaluation Amid Oil Sector Shifts.

Stock up 3.5% in the past week and 6.8% year-to-date, outpacing the S&P 500 amid broader energy sector repricing.
Analysts trimmed price targets citing oil supply glut and softer 2026 WTI forecasts at $60/barrel, but maintain positive ratings on data center-driven natgas demand.
Recent DCF models peg EOG as 55.9% undervalued at current levels around $112, fueled by $4.1B trailing free cash flow projections.

Sentiment:

🐃Bullish

Analysts split on SLB as downgrade clashes with upbeat price target hikes amid oilfield services headwinds.

Freedom Capital downgraded SLB to Sell with a $48 target, pointing to 15.2% EPS drop and expected 2026 earnings strain from soft global drilling.
Jefferies lifted its target to $58 while maintaining Buy, joining Raymond James ($57), BMO ($55), and others in praising Q4 beats and Middle East growth.
SLB secured two PDO contracts in Oman's Block-6 and holds a Moderate Buy consensus at $52+ targets, countering insider selling with bullish options flow.

Sentiment:

⚖️Neutral

EOG Resources Gains Traction as Analysts Eye Undervaluation Amid Oil Sector Shifts.

Stock up 3.5% in the past week and 6.8% year-to-date, outpacing the S&P 500 amid broader energy sector repricing.
Analysts trimmed price targets citing oil supply glut and softer 2026 WTI forecasts at $60/barrel, but maintain positive ratings on data center-driven natgas demand.
Recent DCF models peg EOG as 55.9% undervalued at current levels around $112, fueled by $4.1B trailing free cash flow projections.

Sentiment:

🐃Bullish

Analysts split on SLB as downgrade clashes with upbeat price target hikes amid oilfield services headwinds.

Freedom Capital downgraded SLB to Sell with a $48 target, pointing to 15.2% EPS drop and expected 2026 earnings strain from soft global drilling.
Jefferies lifted its target to $58 while maintaining Buy, joining Raymond James ($57), BMO ($55), and others in praising Q4 beats and Middle East growth.
SLB secured two PDO contracts in Oman's Block-6 and holds a Moderate Buy consensus at $52+ targets, countering insider selling with bullish options flow.

Sentiment:

⚖️Neutral

Investment Analysis

EOG Resources

EOG

Pros

EOG Resources demonstrated strong profitability in Q3 2025, beating earnings per share estimates by 10.5% due to effective cost management and operational efficiency.
The company increased production volumes by 21% year over year, driven by contributions from its multi-basin portfolio including Delaware Basin, Eagle Ford, and Utica.
EOG has a market capitalisation of over $60 billion and receives positive analyst sentiment with an average 'Buy' rating and a 33% upside price target over the next year.

Considerations

Despite earnings beat, EOG's Q3 2025 revenues missed expectations and declined compared to the prior year, reflecting challenges in price realisation.
The stock has delivered negative price returns over the last 52 weeks, down nearly 18%, indicating recent market headwinds and sector cyclicality.
EOG’s beta of 0.53 indicates moderate market sensitivity, which may expose investors to commodity price volatility in the energy sector.

SLB

Pros

Schlumberger is the world’s largest oilfield services company, providing technological solutions globally with a diversified client base.
SLB benefits from its leadership in energy equipment and services, positioning it to capitalise on increased oilfield activity and energy demand recovery.
The company’s higher trading volumes and greater market liquidity suggest strong investor interest and established market presence.

Considerations

SLB’s stock price performance has been weaker than EOG, with a 52-week decline exceeding 25%, reflecting broader sector headwinds and execution risks.
The company operates in the more cyclical and capital-intensive oilfield services segment, exposing it to fluctuations in capital spending by oil producers.
SLB has a higher beta at 0.75, indicating stronger sensitivity to market and commodity price volatility, which may increase investment risk.

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