Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is EOG Resources, Inc. (EOG) Halal?

PASS

EOG Resources, Inc. · NYSE: EOG · Energy

The short answer

Yes - EOG Resources, Inc. (EOG) passes this Shariah stock screen on all three gates. The business is oil and gas exploration and production - crude oil, natural gas liquids, and natural gas in the Permian Basin, Eagle Ford, Trinidad, and select international areas - with no haram segments disclosed in its FY2025 10-K (filed February 24, 2026). Interest-bearing debt of $7,936M is about 10.7% of its ~$74.2B market cap ($141.31 latest quote, October 1, 2026), below the ~33% ceiling. Interest income of $210M - separately disclosed in MD&A and the segment note - is about 0.93% of total revenue ($22,632M), below the 5% ceiling. Note: Zoya classifies EOG as Shariah-compliant (September 2026) and ShariaPortfolio rates it Shariah Compliant; no Musaffa coverage was found.

Gate 1 — Business activity: PASS

EOG Resources, Inc. (NYSE: EOG) explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas - per Item 1 of its FY2025 10-K. Its principal US operating areas are the Wolfcamp, Bone Spring, and Leonard plays in the Permian Basin and the Eagle Ford and Dorado plays in South Texas, plus operations in Trinidad and select international areas including Bahrain and the UAE. Haram flags checked (factual, from the filings): the 10-K discloses no alcohol, tobacco, gambling, weapons, pork, or interest-based lending businesses - all reported operations are oil and gas exploration and production. Nothing in the filings suggests a haram segment. Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

Per EOG's FY2025 10-K (year ended December 31, 2025, filed February 24, 2026), interest-bearing debt was $7,936M - current portion of long-term debt $27M plus long-term debt $7,909M on the balance sheet. Against a market cap of about $74.2B ($141.31 latest quote, October 1, 2026), debt / market cap is about 10.7%, comfortably below the ~33% ceiling. Cash and cash equivalents of $3,396M are about 4.6% of market cap. Gate 2 passes. Facts only.

Gate 3 — Non-compliant income: PASS

EOG's FY2025 10-K discloses interest income of $210M as a separate figure - MD&A states that 'Other income, net for 2025 was primarily interest income ($210 million)' and the segment note carries a standalone 'Interest Income $210' line - against total revenue of $22,632M: about 0.93% of revenue, well below the 5% non-compliant income ceiling. Gate 3 passes on a directly disclosed figure, not a reconstruction. Facts only.

Key figures used

Frequently asked questions

What does EOG Resources do?

EOG Resources, Inc. (NYSE: EOG), headquartered in Houston, Texas, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas. Its core operating areas are in the United States - the Wolfcamp, Bone Spring, and Leonard plays in the Permian Basin (West Texas/New Mexico), the Eagle Ford and Dorado plays in South Texas - plus operations in Trinidad and select international areas including Bahrain and the UAE, per Item 1 of its FY2025 10-K. The filings disclose no alcohol, tobacco, gambling, weapons, pork, or interest-based lending businesses.

Why does EOG Resources pass this Shariah stock screen?

EOG Resources passes all three gates from its own filings. Gate 1: the business is oil and gas exploration and production - crude oil, NGLs, and natural gas - with no haram segments disclosed in the FY2025 10-K. Gate 2: interest-bearing debt of $7,936M is about 10.7% of its ~$74.2B market cap ($141.31 latest quote, October 1, 2026), below the ~33% ceiling. Gate 3: separately disclosed interest income of $210M is about 0.93% of total revenue ($22,632M, FY2025), below the 5% ceiling. This is a factual screen, not a religious ruling - consult a qualified scholar for personal rulings.

What is EOG Resources' interest-bearing debt ratio?

Per EOG's FY2025 10-K (year ended December 31, 2025, filed February 24, 2026), interest-bearing debt was $7,936M - current portion of long-term debt $27M plus long-term debt $7,909M on the balance sheet. Against a market cap of about $74.2B ($141.31 latest quote on October 1, 2026), debt / market cap is about 10.7% - comfortably below the ~33% ceiling. Cash and cash equivalents of $3,396M are about 4.6% of market cap.

What is EOG Resources' non-compliant income ratio?

EOG's FY2025 10-K discloses interest income as a separate figure: MD&A states that 'Other income, net for 2025 was primarily interest income ($210 million),' and the segment note lists a standalone 'Interest Income $210' line. Against total revenue of $22,632M, interest income of $210M is about 0.93% of revenue - well below the 5% non-compliant income ceiling. Gate 3 passes on a directly disclosed figure, not a reconstruction.

Do Zoya, Musaffa, or ShariaPortfolio cover EOG Resources?

Zoya covers EOG and states that as of September 2026 it is Shariah-compliant and therefore considered halal to invest in (zoya.finance/stocks/eog). ShariaPortfolio also covers EOG and states it 'is Shariah Compliant' and 'passes 5/5 Shariah standards we screen against.' No Musaffa stock page or rating for EOG was found - reported as absent, not invented. This page applies the screen directly from EOG's own SEC filings and reports these positions honestly.

Sources

Screened 2026-10-02 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).