EOG Resources Balance Sheet Health
Financial Health criteria checks 5/6
EOG Resources has a total shareholder equity of $29.6B and total debt of $3.7B, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are $46.2B and $16.6B respectively. EOG Resources's EBIT is $9.0B making its interest coverage ratio -85.9. It has cash and short-term investments of $6.1B.
Key information
12.7%
Debt to equity ratio
US$3.74b
Debt
Interest coverage ratio | -85.9x |
Cash | US$6.12b |
Equity | US$29.57b |
Total liabilities | US$16.58b |
Total assets | US$46.15b |
Recent financial health updates
Here's Why EOG Resources (NYSE:EOG) Can Manage Its Debt Responsibly
Jun 24We Think EOG Resources (NYSE:EOG) Can Stay On Top Of Its Debt
Mar 23Recent updates
EOG Resources Stock: Nowhere Near Cycle-Bottom, Why I'm Buying More
Dec 20'Oil' Be Back - If You Like (Special) Dividends, You'll Love EOG Resources
Dec 13EOG Resources: Shareholder Value Creation Remains Top Priority For Management
Nov 12There Is A Reason EOG Resources, Inc.'s (NYSE:EOG) Price Is Undemanding
Oct 25Under The Bonnet, EOG Resources' (NYSE:EOG) Returns Look Impressive
Sep 30Are Investors Undervaluing EOG Resources, Inc. (NYSE:EOG) By 48%?
Sep 15EOG Resources: Strong Dividend Growth With A Low-Cost Advantage Over Peers
Sep 03EOG Resources: This Market Leader Has Not Lost Its Shine
Aug 02Insufficient Growth At EOG Resources, Inc. (NYSE:EOG) Hampers Share Price
Jul 15Here's Why EOG Resources (NYSE:EOG) Can Manage Its Debt Responsibly
Jun 24EOG Resources: Calling A Buy On This Permian Belle
Jun 20Undervalued And Underappreciated: Why EOG Resources Could Surge 40%
Jun 13Why We Like The Returns At EOG Resources (NYSE:EOG)
Jun 08A Look At The Fair Value Of EOG Resources, Inc. (NYSE:EOG)
Apr 28EOG Resources: Highest Flowing Barrel Returns And ~25% 10y Dividend CAGR
Apr 09We Think EOG Resources (NYSE:EOG) Can Stay On Top Of Its Debt
Mar 23Oil Well Done: Why EOG Resources Is Gushing With Potential
Mar 22Lacklustre Performance Is Driving EOG Resources, Inc.'s (NYSE:EOG) Low P/E
Mar 05EOG Resources: Commodity Play With A Large And Growing Dividend
Feb 26EOG Resources: Upgrade To Buy Ahead Of The Q4 Earnings Report
Feb 19EOG Resources (NYSE:EOG) Is Investing Its Capital With Increasing Efficiency
Feb 16EOG Resources, Inc. (NYSE:EOG) Shares Could Be 37% Below Their Intrinsic Value Estimate
Jan 17EOG Resources: Continued Growth And The Utica Shale
Jan 16EOG Resources (NYSE:EOG) Has Announced A Dividend Of $0.91
Jan 02EOG Resources (NYSE:EOG) Ticks All The Boxes When It Comes To Earnings Growth
Dec 29EOG Resources: Continues To Reward Shareholders, Higher Oil Helps
Dec 21Income And Growth: Why EOG Resources Is One Of My Favorite Oil Plays For 2024
Dec 04EOG Resources: Strong Performance Supports Further Capital Returns
Nov 12EOG Resources: Quiet Accumulation Vs. Splashy M&A
Nov 02EOG Resources: 2 Reasons Why It Is A Favorite Pick Among Long-Term Investors
Oct 11EOG Resources Offers Value Others Can't
Sep 10EOG Resources: Well-Positioned For Continued Growth
Aug 28EOG Resources: One Of The Best Oil Stocks To Outperform The Market
Aug 22EOG Resources: Another Strong Production Quarter
Aug 07EOG Resources: Q2 2023 Oil Equivalent Production Expected To Be Up Sequentially
Jul 11EOG Resources Is A Good Bet For The Future
Jun 26EOG Resources: Supply Cuts Won't Support The Stock Indefinitely
Jun 05EOG Resources: Steady Progress
May 30Financial Position Analysis
Short Term Liabilities: EOG's short term assets ($10.2B) exceed its short term liabilities ($4.4B).
Long Term Liabilities: EOG's short term assets ($10.2B) do not cover its long term liabilities ($12.2B).
Debt to Equity History and Analysis
Debt Level: EOG has more cash than its total debt.
Reducing Debt: EOG's debt to equity ratio has reduced from 24.2% to 12.7% over the past 5 years.
Debt Coverage: EOG's debt is well covered by operating cash flow (333.6%).
Interest Coverage: EOG earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/20 12:09 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
EOG Resources, Inc. is covered by 83 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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William Selesky | Argus Research Company |
Finbarr MacCarthy | Atlantic Equities LLP |
Joseph Allman | Baird |