Buyback Radar
Company reports

Eog Resources

EOG

Eog Resources has retired 10.8% of its shares since 2022, from 587,723,622 to 524,529,176.

10.8%retired since 2022
10.4%last 5 years
3.3%last 12 months
525Mshares today

At $158.01 a share, a market value of $82.9B. FCF yield 15.4%, P/E 12.1, trailing twelve months to June 2026.

Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
588M shares, 2022525M200020052010201520202025
1999, 468,847,4922026-07-28, 524,529,176
A share bought in 2011
1.0× more of Eog Resources today, without buying another share. It was one of 538,171,214 shares then. It is one of 524,529,176 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19992000-03-01468,847,49210-K405cover page
20002001-03-12466,926,36410-Kcover page
20012002-03-11463,196,50410-Kcover page
20022003-03-10459,763,69610-Kcover page
20032004-03-08465,011,00810-Kcover page
20042005-02-15476,833,38410-Kcover page
20052006-02-17485,095,04810-Kcover page
20062007-02-16487,996,29810-Kcover page
20072007-12-31493,050,00010-K
20082008-12-31499,264,00010-K
20092010-02-19505,156,10610-K
20102011-02-18508,558,57410-K
20112012-02-17538,171,21410-K
20122013-02-15543,493,02010-K
20132014-02-14546,239,14410-K
20142015-02-10548,445,00310-K
20152016-02-18549,883,39010-K
20162017-02-17576,832,07710-K
20172018-02-16578,636,34310-K
20182019-02-15580,053,22510-K
20192020-02-13582,054,45110-K
20202021-02-12583,563,47910-K
20212022-02-11585,419,16410-K
20222023-02-16587,723,62210-K
20232024-02-15580,001,87210-K
20242025-02-13553,926,33010-K
20252026-02-13536,491,49310-K

Source: all 10-K filings of Eog Resources on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, fiscal 2023 to 2025cash flow statement against share count
$6.8Bspent on buybacks
51Mfewer shares outstanding
$122average price paid per share bought back
3.1%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $158.01.

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Mar 3, 2026PaidEOG Resources: The $65 Billion Oil Company Eating Itself Alive46 million shares devoured. $5.8B in free cash flow. And Wall Street barely noticed.Read on Substack →
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Eog Resources buybacks, answered

Is Eog Resources buying back its stock?

Yes. Eog Resources has 3.3% fewer shares outstanding than twelve months ago, 524,529,176 as of July 28, 2026. Over five years the share count is down 10.4%.

How many shares has Eog Resources bought back?

Net of every new share it issued, Eog Resources has 63.2 million fewer shares than at its 2022 peak. That is 10.8% of the company. Since fiscal 2023 alone it bought back about 56.1 million shares, while the count fell by 55.5 million. The difference went to employees and other new shares.

How many shares does Eog Resources have outstanding?

524,529,176 shares, as of July 28, 2026, from the cover page of its latest 10-Q. At the 2022 peak it had 587,723,622.

What do Eog Resources' buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Eog Resources stock in 2022 owns 1.1 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does Eog Resources compare with other cannibal stocks?

Eog Resources ranks No. 464 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: EPAM Systems (10.8%), Mfa Financial (10.8%), FirstCash (10.6%), Triumph Financial (10.5%).

Every answer is computed from Eog Resources' own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Superinvestors who own it

Bill NygrenHarris Associates244,809 shares, $31.8M, Q2 2026
Donald YacktmanYacktman Asset Management1,243,536 shares, $161.3M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

The numbers say what happened. The story says whether it can continue. We cover companies like Eog Resources in depth on Cannibal Stocks.

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