NYSE:EOG

Stock Analysis Report

Executive Summary

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas.

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.


Similar Companies

Share Price & News

How has EOG Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.8%

EOG

-0.1%

US Oil and Gas

1.0%

US Market


1 Year Return

-41.8%

EOG

-20.1%

US Oil and Gas

8.0%

US Market

Return vs Industry: EOG underperformed the US Oil and Gas industry which returned -20.1% over the past year.

Return vs Market: EOG underperformed the US Market which returned 8% over the past year.


Shareholder returns

EOGIndustryMarket
7 Day-0.8%-0.1%1.0%
30 Day-16.5%-5.4%-0.07%
90 Day-22.8%-8.6%-1.0%
1 Year-41.1%-41.8%-17.1%-20.1%10.4%8.0%
3 Year-25.9%-27.7%-7.4%-15.9%46.2%36.7%
5 Year-20.3%-23.5%-22.6%-33.7%64.3%46.2%

Price Volatility Vs. Market

How volatile is EOG Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is EOG Resources undervalued compared to its fair value and its price relative to the market?

36.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EOG ($67.66) is trading below our estimate of fair value ($106.83)

Significantly Below Fair Value: EOG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: EOG is poor value based on its PE Ratio (10.9x) compared to the Oil and Gas industry average (9.6x).

PE vs Market: EOG is good value based on its PE Ratio (10.9x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: EOG is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: EOG is overvalued based on its PB Ratio (1.9x) compared to the US Oil and Gas industry average (0.9x).


Next Steps

  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is EOG Resources forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

15.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EOG's forecast earnings growth (15.1% per year) is above the savings rate (2.7%).

Earnings vs Market: EOG's earnings (15.1% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: EOG's earnings are forecast to grow, but not significantly.

Revenue vs Market: EOG's revenue (8.9% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: EOG's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EOG's Return on Equity is forecast to be low in 3 years time (12.3%).


Next Steps

Past Performance

How has EOG Resources performed over the past 5 years?

26.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EOG's earnings have grown significantly by 26.6% per year over the past 5 years.

Accelerating Growth: EOG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EOG had negative earnings growth (-7.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (20.6%).


Return on Equity

High ROE: EOG's Return on Equity (17.3%) is considered low.


Return on Assets

ROA vs Industry: EOG has a higher Return on Assets than the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: EOG's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is EOG Resources's financial position?


Financial Position Analysis

Short Term Liabilities: EOG's short term assets ($4.5B) exceeds its short term liabilities ($4.4B)

Long Term Liabilities: EOG's short term assets (4.5B) do not cover its long term liabilities (10.7B)


Debt to Equity History and Analysis

Debt Level: EOG's debt to equity ratio (24.8%) is considered satisfactory

Reducing Debt: EOG's debt to equity ratio has reduced from 35.3% to 24.8% over the past 5 years.

Debt Coverage: EOG's debt is well covered by operating cash flow (167.5%).

Interest Coverage: EOG's interest payments on its debt are well covered by EBIT (21.1x coverage).


Balance Sheet

Inventory Level: EOG has a high level of physical assets or inventory.

Debt Coverage by Assets: EOG's debt is not covered by short term assets (assets are 0.9x debt).


Next Steps

Dividend

What is EOG Resources's current dividend yield, its reliability and sustainability?

1.70%

Current Dividend Yield


Dividend Yield vs Market

company1.7%marketbottom25%1.4%markettop25%3.7%industryaverage4.2%forecastin3Years1.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: EOG's dividend (1.7%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: EOG's dividend (1.7%) is low compared to the top 25% of dividend payers in the US market (3.68%).

Stable Dividend: EOG's dividends per share have been stable in the past 10 years.

Growing Dividend: EOG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15.3%), EOG's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EOG's dividends in 3 years are forecast to be well covered by earnings (19.8% payout ratio).


Next Steps

Management

What is the CEO of EOG Resources's salary, the management and board of directors tenure and is there insider trading?

4.5yrs

Average management tenure


CEO

Bill Thomas (66yo)

6.3yrs

Tenure

US$12,042,335

Compensation

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 Res ...


CEO Compensation Analysis

Compensation vs. Market: Bill's total compensation ($USD12.04M) is about average for companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.5yrs

Average Tenure

56.5yo

Average Age

Experienced Management: EOG's management team is considered experienced (4.5 years average tenure).


Board Age and Tenure

4.2yrs

Average Tenure

65yo

Average Age

Experienced Board: EOG's board of directors are considered experienced (4.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$235,85110 Jan 19
Ezra Yacob
EntityIndividual
Shares2,388
Max PriceUS$98.77
SellUS$291,67921 Dec 18
Frank Wisner
EntityIndividual
Shares3,150
Max PriceUS$92.61

Ownership Breakdown


Management Team

  • Tim Driggers (57yo)

    Executive VP & CFO

    • Tenure: 12.3yrs
    • Compensation: US$3.95m
  • Patricia Edwards

    Senior VP & Chief Human Resources Officer

    • Tenure: 2.4yrs
  • Bill Thomas (66yo)

    Chairman & CEO

    • Tenure: 6.3yrs
    • Compensation: US$12.04m
  • Ann Janssen (54yo)

    Senior VP & Chief Accounting Officer

    • Tenure: 12.3yrs
  • Sandeep Bhakhri

    Chief Information & Technology Officer and Senior VP

    • Tenure: 2.4yrs
  • Michael Donaldson (56yo)

    Executive VP

    • Tenure: 7.4yrs
    • Compensation: US$3.69m
  • Billy Helms (61yo)

    Chief Operating Officer

    • Tenure: 1.8yrs
    • Compensation: US$4.53m
  • David Streit

    Vice President of Investor & Public Relations

    • Tenure: 2.3yrs
  • David Trice (48yo)

    Executive VP & GM of the Denver

    • Tenure: 6.2yrs
  • D. Terveen

    Senior Vice President of Marketing

    • Tenure: 2.8yrs

Board Members

  • Cris Gaut (63yo)

    Independent Director

    • Tenure: 2yrs
    • Compensation: US$354.91k
  • Jim Day (75yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$354.91k
  • Julie Robertson (63yo)

    Independent Director

    • Tenure: 0.8yrs
  • Janet Clark (64yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$354.91k
  • Don Textor (72yo)

    Presiding Director

    • Tenure: 0.8yrs
    • Compensation: US$354.91k
  • Charlie Crisp (71yo)

    Independent Director

    • Tenure: 17.8yrs
    • Compensation: US$357.43k
  • Bob Daniels (60yo)

    Independent Director

    • Tenure: 2.6yrs
    • Compensation: US$354.91k
  • Bill Thomas (66yo)

    Chairman & CEO

    • Tenure: 6.3yrs
    • Compensation: US$12.04m

Company Information

EOG Resources, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EOG Resources, Inc.
  • Ticker: EOG
  • Exchange: NYSE
  • Founded: 1985
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$39.267b
  • Shares outstanding: 580.36m
  • Website: https://www.eogresources.com

Number of Employees


Location

  • EOG Resources, Inc.
  • 1111 Bagby Street
  • Sky Lobby 2
  • Houston
  • Texas
  • 77002
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EOGNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 1989
EO5DB (Deutsche Boerse AG)YesCommon StockDEEUROct 1989
EOG *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNOct 1989
0IDRLSE (London Stock Exchange)YesCommon StockGBUSDOct 1989
EOGRWBAG (Wiener Boerse AG)YesCommon StockATEUROct 1989

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 23:36
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.