Is EOG halal?
EOG Resources, Inc.
Halal
EOG Resources, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
158.01
Day
+4.23%
Market cap
$81.55B
Industry
Oil & Gas E&P
Sector
Energy
What the company does
EOG Resources is a large independent onshore oil and gas producer in the US (Permian, Eagle Ford, Utica). No refining; its money comes from crude oil and gas sales.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $8.25B ÷ 36-month average market cap $68.62B = 12.0%
12.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $4.91B ÷ 36-month average market cap $68.62B = 7.2%
7.2%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $210.00M ÷ annual revenue $22.58B (2025) = 0.9%
0.9%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $81.55B.
For information (AAOIFI 3/1 note): cash + receivables are 11.7% of total assets (2025-12-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.12% weight · #146 of 503
- Among halal stocks
- 0.12% · #110 of 1454
- Held by funds
- SPUS 0.21% · HLAL 0.21%
- Dividend
- 2.71% · purify 0.9% · net 2.69%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $129.73
- Yacktman Asset Management$161.3M2.0%
- Bill NygrenOakmark Funds$31.8M0.0%
Halal stocks in the same industry
The largest halal stocks in Oil & Gas E&P — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.