EOG Resources
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The last earnings update was 56 days ago. More info.
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EOG Share Price and Events
7 Day Returns
1 Year Returns
EOG Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| EOG Resources (EOG) | 4.2% | 13.8% | 10.4% | -7% | 28.8% | 7% |
| US Oil and Gas | 2.2% | 4.8% | 10.1% | -5.3% | 5.7% | -26.1% |
| US Market | -0.1% | 3.7% | 10.2% | 7.6% | 38.1% | 46.4% |
1 Year Return vs Industry and Market
- EOG underperformed the Oil and Gas industry which returned -5.3% over the past year.
- EOG underperformed the Market in United States of America which returned 7.6% over the past year.
Price Volatility
Related Companies
EOG Value
Is EOG Resources undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
EOG Resources
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for EOG Resources.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 23 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 8.7% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Oil and Gas Unlevered Beta | Simply Wall St/ S&P Global | 0.94 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.938 (1 + (1- 21%) (9.84%)) |
1.007 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.01 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.007 * 5.96%) |
8.73% |
Discounted Cash Flow Calculation for NYSE:EOG using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for EOG Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 8.73%) |
|
|---|---|---|---|
| 2019 | 1,804.00 | Analyst x11 | 1,659.12 |
| 2020 | 2,507.76 | Analyst x11 | 2,121.14 |
| 2021 | 2,932.45 | Analyst x4 | 2,281.15 |
| 2022 | 3,738.50 | Analyst x2 | 2,674.62 |
| 2023 | 4,135.20 | Analyst x1 | 2,720.84 |
| 2024 | 4,460.94 | Est @ 7.88% | 2,699.44 |
| 2025 | 4,743.46 | Est @ 6.33% | 2,639.88 |
| 2026 | 4,992.59 | Est @ 5.25% | 2,555.38 |
| 2027 | 5,217.04 | Est @ 4.5% | 2,455.81 |
| 2028 | 5,423.94 | Est @ 3.97% | 2,348.16 |
| Present value of next 10 years cash flows | $24,155.54 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $5,423.94 × (1 + 2.73%) ÷ (8.73% – 2.73%) |
$92,830.55 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $92,830.55 ÷ (1 + 8.73%)10 |
$40,188.65 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $24,155.54 + $40,188.65 |
$64,344.19 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $64,344.19 / 580.06 |
$110.93 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $110.93 |
| Current discount | Discount to share price of
$106.60
= -1 x ($106.60 - $110.93) / $110.93 |
3.9% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- EOG Resources's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- EOG Resources's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for EOG Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
EOG Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $5.93 |
| NYSE:EOG Share Price ** | NYSE (2019-04-23) in USD | $106.6 |
| United States of America Oil and Gas Industry PE Ratio | Median Figure of 107 Publicly-Listed Oil and Gas Companies | 13.3x |
| United States of America Market PE Ratio | Median Figure of 3,080 Publicly-Listed Companies | 18.03x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of EOG Resources.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:EOG Share Price ÷ EPS (both in USD) = 106.6 ÷ 5.93 |
17.98x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- EOG Resources is overvalued based on earnings compared to the US Oil and Gas industry average.
- EOG Resources is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
EOG Resources's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 17.98x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts |
11.2%per year |
| United States of America Oil and Gas Industry PEG Ratio | Median Figure of 77 Publicly-Listed Oil and Gas Companies | 0.6x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.55x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 17.98x ÷ 11.2% |
1.61x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- EOG Resources is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
EOG Resources's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $33.39 |
| NYSE:EOG Share Price * | NYSE (2019-04-23) in USD | $106.6 |
| United States of America Oil and Gas Industry PB Ratio | Median Figure of 191 Publicly-Listed Oil and Gas Companies | 1.18x |
| United States of America Market PB Ratio | Median Figure of 5,185 Publicly-Listed Companies | 1.92x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:EOG Share Price ÷ Book Value per Share (both in USD) = 106.6 ÷ 33.39 |
3.19x |
* Primary Listing of EOG Resources.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- EOG Resources is overvalued based on assets compared to the US Oil and Gas industry average.
Value checks
We assess EOG Resources's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) EOG Resources has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
EOG Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- EOG Resources's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- EOG Resources's earnings growth is positive but not above the United States of America market average.
- EOG Resources's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:EOG Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts | 11.2% |
| NYSE:EOG Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 23 Analysts | 9.6% |
| United States of America Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 10.8% |
| United States of America Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 5.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.5% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 23 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 30,535 | 14,155 | 6,522 | 1 |
| 2022-12-31 | 26,424 | 11,836 | 5,557 | 1 |
| 2021-12-31 | 22,104 | 10,494 | 4,242 | 4 |
| 2020-12-31 | 20,294 | 9,284 | 3,696 | 12 |
| 2019-12-31 | 17,344 | 8,008 | 3,035 | 14 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 17,266 | 7,769 | 3,419 |
| 2018-09-30 | 16,355 | 7,011 | 4,957 |
| 2018-06-30 | 14,297 | 5,783 | 3,866 |
| 2018-03-31 | 12,478 | 4,919 | 3,193 |
| 2017-12-31 | 11,288 | 4,265 | 2,583 |
| 2017-09-30 | 10,201 | 3,743 | 10 |
| 2017-06-30 | 9,546 | 3,541 | -281 |
| 2017-03-31 | 8,770 | 2,966 | -596 |
| 2016-12-31 | 7,544 | 2,359 | -1,097 |
| 2016-09-30 | 6,976 | 2,170 | -1,239 |
| 2016-06-30 | 7,115 | 2,542 | -5,124 |
| 2016-03-31 | 7,803 | 2,926 | -4,827 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 23 Analyst Estimates (S&P Global) | See Below |
All data from EOG Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 11.21 | 11.73 | 10.68 | 2.00 |
| 2022-12-31 | 9.55 | 10.21 | 8.88 | 2.00 |
| 2021-12-31 | 7.35 | 8.53 | 6.44 | 3.00 |
| 2020-12-31 | 6.34 | 8.35 | 4.67 | 16.00 |
| 2019-12-31 | 5.16 | 6.24 | 4.12 | 17.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 5.93 |
| 2018-09-30 | 8.60 |
| 2018-06-30 | 6.72 |
| 2018-03-31 | 5.55 |
| 2017-12-31 | 4.49 |
| 2017-09-30 | 0.02 |
| 2017-06-30 | -0.50 |
| 2017-03-31 | -1.06 |
| 2016-12-31 | -1.98 |
| 2016-09-30 | -2.26 |
| 2016-06-30 | -9.38 |
| 2016-03-31 | -8.84 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess EOG Resources's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
EOG Resources has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
EOG Past Performance
How has EOG Resources performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- EOG Resources's year on year earnings growth rate has been positive over the past 5 years.
- EOG Resources's 1-year earnings growth exceeds its 5-year average (32.4% vs 9.6%)
- EOG Resources's earnings growth has not exceeded the US Oil and Gas industry average in the past year (32.4% vs 44.3%).
Earnings and Revenue History
All data from EOG Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 17,266.48 | 3,419.04 | 581.37 | |
| 2018-09-30 | 16,354.63 | 4,956.74 | 574.94 | |
| 2018-06-30 | 14,296.52 | 3,866.33 | 573.04 | |
| 2018-03-31 | 12,478.19 | 3,192.65 | 559.82 | |
| 2017-12-31 | 11,287.59 | 2,582.58 | 584.42 | |
| 2017-09-30 | 10,200.69 | 9.76 | 539.43 | |
| 2017-06-30 | 9,546.22 | -280.78 | 569.10 | |
| 2017-03-31 | 8,769.94 | -596.39 | 511.95 | |
| 2016-12-31 | 7,544.41 | -1,096.69 | 483.43 | |
| 2016-09-30 | 6,976.06 | -1,238.63 | 533.33 | |
| 2016-06-30 | 7,115.25 | -5,124.37 | 483.59 | |
| 2016-03-31 | 7,803.35 | -4,826.54 | 523.02 | |
| 2015-12-31 | 8,704.30 | -4,524.52 | 530.83 | |
| 2015-09-30 | 10,372.31 | -3,795.63 | 581.12 | |
| 2015-06-30 | 12,817.08 | 1,383.73 | 620.87 | |
| 2015-03-31 | 14,706.29 | 2,084.81 | 634.04 | |
| 2014-12-31 | 16,693.48 | 2,915.49 | 634.89 | |
| 2014-09-30 | 16,926.55 | 3,051.09 | 577.05 | |
| 2014-06-30 | 16,164.00 | 2,409.97 | 572.44 | |
| 2014-03-31 | 15,386.57 | 2,363.31 | 597.42 | |
| 2013-12-31 | 14,455.90 | 2,197.11 | 584.31 | |
| 2013-09-30 | 13,760.25 | 1,111.92 | 584.78 | |
| 2013-06-30 | 12,816.46 | 1,004.91 | 567.89 | |
| 2013-03-31 | 11,788.49 | 741.00 | 539.17 | |
| 2012-12-31 | 11,096.23 | 570.28 | 532.08 | |
| 2012-09-30 | 10,672.94 | 1,195.98 | 516.93 | |
| 2012-06-30 | 10,110.74 | 1,381.36 | 529.52 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- EOG Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- EOG Resources used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
- EOG Resources has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess EOG Resources's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
EOG Resources has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
EOG Health
How is EOG Resources's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up EOG Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
- EOG Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- EOG Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from EOG Resources Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 19,364.19 | 6,083.26 | 1,555.63 |
| 2018-09-30 | 18,538.47 | 6,434.82 | 1,274.13 |
| 2018-06-30 | 17,452.39 | 6,434.80 | 1,008.22 |
| 2018-03-31 | 16,840.64 | 6,434.76 | 816.09 |
| 2017-12-31 | 16,283.27 | 6,387.07 | 834.23 |
| 2017-09-30 | 13,922.26 | 6,387.01 | 846.14 |
| 2017-06-30 | 13,901.72 | 6,986.80 | 1,649.44 |
| 2017-03-31 | 13,928.23 | 6,986.59 | 1,546.57 |
| 2016-12-31 | 13,981.58 | 6,986.36 | 1,599.90 |
| 2016-09-30 | 11,798.31 | 6,986.12 | 1,048.73 |
| 2016-06-30 | 12,056.70 | 6,985.87 | 779.72 |
| 2016-03-31 | 12,405.49 | 6,985.61 | 668.48 |
| 2015-12-31 | 12,943.04 | 6,655.49 | 718.51 |
| 2015-09-30 | 13,284.22 | 6,430.21 | 742.69 |
| 2015-06-30 | 17,427.24 | 6,400.46 | 1,367.40 |
| 2015-03-31 | 17,470.50 | 6,900.27 | 2,127.42 |
| 2014-12-31 | 17,712.58 | 5,909.93 | 2,087.21 |
| 2014-09-30 | 17,719.90 | 5,909.81 | 1,481.15 |
| 2014-06-30 | 16,708.39 | 5,909.68 | 1,230.14 |
| 2014-03-31 | 16,033.31 | 5,909.53 | 1,667.21 |
| 2013-12-31 | 15,418.46 | 5,914.22 | 1,318.21 |
| 2013-09-30 | 14,861.58 | 6,315.07 | 1,318.82 |
| 2013-06-30 | 14,384.63 | 6,314.79 | 1,228.02 |
| 2013-03-31 | 13,756.31 | 6,315.50 | 1,108.03 |
| 2012-12-31 | 13,284.76 | 6,316.18 | 876.44 |
| 2012-09-30 | 13,793.47 | 6,316.28 | 1,112.62 |
| 2012-06-30 | 13,355.14 | 5,015.89 | 280.37 |
- EOG Resources's level of debt (31.4%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (38.3% vs 31.4% today).
- Debt is well covered by operating cash flow (127.7%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 18.6x coverage).
Financial health checks
We assess EOG Resources's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) EOG Resources has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
EOG Dividends
What is EOG Resources's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
EOG Resources
shares you are expected to receive
$17
in your first year as a dividend.
Dividend Amount
- EOG Resources's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
- EOG Resources's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 23 Analyst Estimates (S&P Global) | See Below |
| United States of America Oil and Gas Industry Average Dividend Yield | Market Cap Weighted Average of 65 Stocks | 3.4% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2008 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 1.45 | 4.00 |
| 2020-12-31 | 1.00 | 8.00 |
| 2019-12-31 | 0.89 | 10.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-13 | 0.880 | 0.919 |
| 2018-12-12 | 0.880 | 0.923 |
| 2018-08-02 | 0.880 | 0.772 |
| 2018-04-25 | 0.740 | 0.613 |
| 2018-02-27 | 0.740 | 0.703 |
| 2017-12-13 | 0.670 | 0.614 |
| 2017-09-19 | 0.670 | 0.675 |
| 2017-04-27 | 0.670 | 0.745 |
| 2016-12-14 | 0.670 | 0.675 |
| 2016-09-28 | 0.670 | 0.698 |
| 2016-04-27 | 0.670 | 0.790 |
| 2015-12-02 | 0.670 | 0.939 |
| 2015-09-22 | 0.670 | 0.815 |
| 2015-05-01 | 0.670 | 0.809 |
| 2014-12-16 | 0.670 | 0.729 |
| 2014-08-06 | 0.670 | 0.687 |
| 2014-08-05 | 0.670 | 0.622 |
| 2014-05-05 | 0.500 | 0.453 |
| 2014-04-22 | 0.500 | 0.500 |
| 2014-02-24 | 0.500 | 0.518 |
| 2013-12-11 | 0.375 | 0.446 |
| 2013-09-05 | 0.375 | 0.437 |
| 2013-05-03 | 0.375 | 0.531 |
| 2013-02-22 | 0.375 | 0.604 |
| 2013-02-13 | 0.375 | 0.581 |
| 2012-12-11 | 0.340 | 0.544 |
| 2012-09-06 | 0.340 | 0.594 |
| 2012-05-03 | 0.340 | 0.687 |
| 2012-02-16 | 0.340 | 0.613 |
| 2011-12-16 | 0.320 | 0.613 |
| 2011-09-07 | 0.320 | 0.717 |
| 2011-05-04 | 0.320 | 0.639 |
| 2011-02-17 | 0.320 | 0.576 |
| 2010-12-14 | 0.310 | 0.632 |
| 2010-09-09 | 0.310 | 0.664 |
| 2010-04-29 | 0.310 | 0.615 |
| 2010-02-09 | 0.310 | 0.632 |
| 2009-12-15 | 0.290 | 0.604 |
| 2009-09-04 | 0.290 | 0.679 |
| 2009-04-30 | 0.290 | 0.813 |
| 2009-04-24 | 0.290 | 0.912 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- EOG Resources is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
- EOG Resources is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Income/ dividend checks
We assess EOG Resources's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can EOG Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) EOG Resources has a total score of 1/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
EOG Management
CEO
| COMPENSATION | $12,042,335 |
| AGE | 65 |
| TENURE AS CEO | 5.8 years |
CEO Bio
Mr. William R. Thomas, also known as Bill, has been the Chief Executive Officer of EOG Resources, Inc. since July 1, 2013 and has also been its Chairman since January 2014. Mr. Thomas has been with EOG Resources, Inc. and its predecessor companies since 1979. He served as the Senior Executive Vice President of Exploitation at EOG Resources, Inc. since February 2011 and served as its President and Chief Executive Officer from July 2013 to December 2013 and as President from September 7, 2011 to July 2013. He served as Senior Executive Vice President of Exploration at EOG Resources, Inc. from July 2011 to September 2011. He served as an Executive Vice President and General Manager at Fort Worth of EOG Resources Inc. until January 31, 2011. He was elected Senior Vice President and General Manager of EOG's Fort Worth, Texas, office in June 2004, Executive Vice President and General Manager of EOG's Fort Worth, Texas, office in February 2007. He served as Senior Vice President of Fort Worth at EOG Resources, Inc. Mr. Thomas has been a Director of EOG Resources, Inc. since 2013. He has been a Director at National Oilwell Varco, Inc. since November 2, 2015 and National Oilwell Varco, L.P. since November 2015. Mr. Thomas received a Bachelor of Science degree in Geology from Texas A&M University in 1975.
CEO Compensation
- Bill's compensation has been consistent with company performance over the past year.
- Bill's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the EOG Resources management team in years:
- The tenure for the EOG Resources management team is about average.
Management Team
Bill Thomas
Chairman & CEO
$12M
65
5.8 yrs
Tim Driggers
Executive VP & CFO
$4M
56
11.8 yrs
Billy Helms
Chief Operating Officer
$5M
60
1.3 yrs
Michael Donaldson
Executive VP
$4M
55
6.9 yrs
Ann Janssen
Senior VP & Chief Accounting Officer
53
11.8 yrs
Sandeep Bhakhri
Chief Information & Technology Officer and Senior VP
1.9 yrs
David Streit
Vice President of Investor & Public Relations
1.8 yrs
D. Terveen
Senior Vice President of Marketing
2.3 yrs
Patricia Edwards
Senior VP & Chief Human Resources Officer
1.9 yrs
David Trice
Executive VP & GM of the Denver
47
5.7 yrs
Board of Directors Tenure
Average tenure and age of the EOG Resources board of directors in years:
- The tenure for the EOG Resources board of directors is about average.
Board of Directors
Frank Wisner
Independent Director
$290K
79
22.3 yrs
Bill Thomas
Chairman & CEO
$12M
65
5.3 yrs
Jim Day
Independent Director
$355K
74
10.8 yrs
Janet Clark
Independent Director
$355K
63
5.3 yrs
Don Textor
Presiding Director
$355K
71
0.3 yrs
Charlie Crisp
Independent Director
$357K
70
17.3 yrs
Bob Daniels
Independent Director
$355K
59
2.1 yrs
Cris Gaut
Independent Director
$355K
62
1.5 yrs
Julie Robertson
Independent Director
62
0.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10. Jan 19 | Sell | Ezra Yacob | Individual | 09. Jan 19 | 09. Jan 19 | -2,388 | $98.77 | $-235,851 | ||
| 21. Dec 18 | Sell | Frank Wisner | Individual | 20. Dec 18 | 20. Dec 18 | -3,150 | $92.61 | $-291,679 | ||
| 18. May 18 | Sell | Gary Thomas | Individual | 17. May 18 | 17. May 18 | -50,000 | $125.36 | $-6,268,000 | ||
| 10. May 18 | Sell | Ann Janssen | Individual | 09. May 18 | 09. May 18 | -3,523 | $118.25 | $-416,128 | ||
| 08. May 18 | Sell | Frank Wisner | Individual | 07. May 18 | 07. May 18 | -890 | $115.81 | $-103,071 | ||
Management checks
We assess EOG Resources's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) EOG Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
EOG News
Simply Wall St News
Read This Before Buying EOG Resources, Inc. (NYSE:EOG) Shares
(NYSE:EOG), you may well want to know whether insiders have been buying or selling. … So we know that an insider sold shares at around the present share price of US$107. … Over the last year, we note insiders sold 59951 shares worth US$7.3m
Simply Wall St - – Full articleEOG Resources, Inc. (NYSE:EOG): What Does The Future Look Like?
(NYSE:EOG) released its earnings update. … with earnings expected to grow by -20% in the upcoming year … the higher past 5-year average growth rate of 9.6%
Simply Wall St - – Full articleWhy You Should Like EOG Resources, Inc.’s (NYSE:EOG) ROCE
In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleAll You Need To Know About EOG Resources, Inc.'s (NYSE:EOG) Financial Health
(NYSE:EOG), a large-cap worth US$55b, comes to mind for investors seeking a strong and reliable stock investment. … Most investors favour these big stocks due to their strong balance sheet and high market liquidity, meaning there are an abundance of stock in the public market available for trading. … These firms won’t be left high and dry if liquidity dries up, and they will be relatively unaffected by rises in interest rates.
Simply Wall St - – Full articleCan You Imagine How EOG Resources's (NYSE:EOG) Shareholders Feel About The 22% Share Price Increase?
One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During three years of share price growth, EOG Resources moved from a loss to profitability. … The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
Simply Wall St - – Full articleWhat Should Investors Know About EOG Resources, Inc.'s (NYSE:EOG) Earnings Outlook?
The latest earnings update EOG Resources, Inc. … (NYSE:EOG) released in December 2018a … confirmed
Simply Wall St - – Full articleIs EOG Resources, Inc.'s (NYSE:EOG) ROE Of 27% Impressive?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows EOG Resources has a return on equity of 27% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleHow Much Of EOG Resources, Inc. (NYSE:EOG) Do Institutions Own?
Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … We'd expect to see institutional investors on the register. … institutions are noticeable on the share registry.
Simply Wall St - – Full articleBrief Commentary On EOG Resources, Inc.'s (NYSE:EOG) Fundamentals
Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on EOG Resources, Inc. … (NYSE:EOG) due to its excellent fundamentals in more than one area.
Simply Wall St - – Full articleDoes EOG Resources, Inc.'s (NYSE:EOG) CEO Pay Reflect Performance?
This analysis aims first to contrast CEO compensation with other large companies. … How Does Bill Thomas's Compensation Compare With Similar Sized Companies. … has a market capitalization of US$54b, and pays its CEO total annual compensation worth US$11m.
Simply Wall St - – Full articleEOG Company Info
Description
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company’s principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada. As of December 31, 2018, it had total estimated net proved reserves of 2,928 million barrels of oil equivalent, including 1,532 million barrels (MMBbl) crude oil and condensate reserves; 614 MMBbl of natural gas liquid reserves; and 4,687 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was founded in 1985 and is headquartered in Houston, Texas.
Details
| Name: | EOG Resources, Inc. |
| EOG | |
| Exchange: | NYSE |
| Founded: | 1985 |
| $61,834,189,089 | |
| 580,058,059 | |
| Website: | http://www.eogresources.com |
| Address: |
EOG Resources, Inc. 1111 Bagby Street, Sky Lobby 2, Houston, Texas, 77002, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | EOG | Common Stock | New York Stock Exchange | US | USD | 04. Oct 1989 | |
| DB | EO5 | Common Stock | Deutsche Boerse AG | DE | EUR | 04. Oct 1989 | |
| LSE | 0IDR | Common Stock | London Stock Exchange | GB | USD | 04. Oct 1989 | |
| BMV | EOG * | Common Stock | Bolsa Mexicana de Valores | MX | MXN | 04. Oct 1989 |
Number of employees
Current staff
Industry
| Oil and Gas Exploration and Production | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/23 23:35 |
| End of day share price update: | 2019/04/23 00:00 |
| Last estimates confirmation: | 2019/04/22 |
| Last earnings filing: | 2019/02/26 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
