EOG Resources Valuation

Is EOG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EOG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EOG ($135.29) is trading below our estimate of fair value ($160.82)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for EOG?

Other financial metrics that can be useful for relative valuation.

EOG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.3x
Enterprise Value/EBITDA5.9x
PEG Ratio-2.2x

Price to Earnings Ratio vs Peers

How does EOG's PE Ratio compare to its peers?

The above table shows the PE ratio for EOG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.2x
PXD Pioneer Natural Resources
13x0.8%US$63.3b
HES Hess
34x19.2%US$47.0b
FANG Diamondback Energy
11.8x13.7%US$36.8b
COP ConocoPhillips
14.1x0.4%US$153.6b
EOG EOG Resources
10.2x-4.7%US$77.8b

Price-To-Earnings vs Peers: EOG is good value based on its Price-To-Earnings Ratio (10.2x) compared to the peer average (18.2x).


Price to Earnings Ratio vs Industry

How does EOG's PE Ratio compare vs other companies in the US Oil and Gas Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a0.5%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a0.5%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: EOG is expensive based on its Price-To-Earnings Ratio (10.2x) compared to the US Oil and Gas industry average (10.1x).


Price to Earnings Ratio vs Fair Ratio

What is EOG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EOG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.2x
Fair PE Ratio12.6x

Price-To-Earnings vs Fair Ratio: EOG is good value based on its Price-To-Earnings Ratio (10.2x) compared to the estimated Fair Price-To-Earnings Ratio (12.6x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EOG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$135.29
US$139.36
+3.0%
9.2%US$169.00US$113.00n/a30
Apr ’25US$129.76
US$137.76
+6.2%
8.2%US$165.00US$113.00n/a30
Mar ’25US$116.10
US$138.12
+19.0%
9.3%US$165.00US$113.00n/a31
Feb ’25US$112.60
US$140.15
+24.5%
9.5%US$172.00US$113.00n/a30
Jan ’25US$120.95
US$144.65
+19.6%
9.3%US$169.00US$113.00n/a30
Dec ’24US$123.60
US$147.85
+19.6%
9.0%US$172.00US$113.00n/a30
Nov ’24US$124.22
US$147.55
+18.8%
9.2%US$172.00US$113.00n/a30
Oct ’24US$126.76
US$147.15
+16.1%
9.1%US$169.00US$113.00n/a30
Sep ’24US$130.98
US$145.74
+11.3%
9.2%US$169.00US$113.00n/a30
Aug ’24US$131.75
US$140.70
+6.8%
9.9%US$166.00US$108.00n/a30
Jul ’24US$114.44
US$140.64
+22.9%
9.8%US$167.00US$108.00n/a30
Jun ’24US$108.15
US$142.44
+31.7%
10.4%US$170.00US$108.00n/a30
May ’24US$118.64
US$142.97
+20.5%
11.1%US$171.00US$97.00n/a31
Apr ’24US$114.63
US$144.87
+26.4%
11.4%US$171.00US$97.00US$129.7631
Mar ’24US$118.01
US$152.35
+29.1%
8.5%US$174.00US$112.00US$116.1031
Feb ’24US$127.29
US$154.55
+21.4%
8.0%US$176.00US$112.00US$112.6031
Jan ’24US$129.52
US$155.57
+20.1%
8.4%US$180.00US$112.00US$120.9530
Dec ’23US$140.54
US$156.55
+11.4%
8.7%US$180.00US$112.00US$123.6029
Nov ’23US$136.31
US$148.66
+9.1%
10.0%US$177.00US$98.00US$124.2229
Oct ’23US$111.73
US$148.46
+32.9%
11.6%US$177.00US$98.00US$126.7627
Sep ’23US$118.71
US$145.84
+22.9%
12.7%US$177.00US$98.00US$130.9828
Aug ’23US$107.58
US$146.26
+36.0%
12.0%US$182.00US$106.00US$131.7529
Jul ’23US$111.62
US$153.39
+37.4%
10.6%US$178.00US$106.00US$114.4428
Jun ’23US$139.93
US$150.38
+7.5%
11.8%US$178.00US$98.95US$108.1529
May ’23US$116.76
US$146.50
+25.5%
12.4%US$178.00US$98.95US$118.6430
Apr ’23US$120.33
US$135.17
+12.3%
11.6%US$172.00US$98.95US$114.6330

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.