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EOG

EOG ResourcesNYSE:EOG Stock Report

Market Cap

US$50.9b

7D

-8.3%

1Y

78.5%

Updated

01 Dec, 2021

Data

Company Financials +
EOG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends5/6

EOG Stock Overview

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

EOG Resources Competitors

ConocoPhillips

NYSE:COP

US$92.5b

Devon Energy

NYSE:DVN

US$28.5b

Hess

NYSE:HES

US$22.9b

Continental Resources

NYSE:CLR

US$15.9b

Price History & Performance

Summary of all time highs, changes and price drops for EOG Resources
Historical stock prices
Current Share PriceUS$85.35
52 Week HighUS$98.20
52 Week LowUS$46.31
Beta2.02
1 Month Change-8.68%
3 Month Change24.85%
1 Year Change78.48%
3 Year Change-17.99%
5 Year Change-17.56%
Change since IPO2,701.23%

Recent News & Updates

Nov 24

Safely Invest In The Volatile Oil Industry With EOG Resources

EOG Resources has an impressive portfolio of assets worth paying close attention to. The company has a 14% post growth capital FCF yield at current WTI prices, FCF it directs to shareholder returns. While the company doesn't have the same yield as some, it has a reliable long-term commitment to shareholder returns.

Nov 22
Is EOG Resources (NYSE:EOG) Using Too Much Debt?

Is EOG Resources (NYSE:EOG) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

EOGUS Oil and GasUS Market
7D-8.3%-7.5%-4.9%
1Y78.5%44.3%17.8%

Return vs Industry: EOG exceeded the US Oil and Gas industry which returned 50.5% over the past year.

Return vs Market: EOG exceeded the US Market which returned 20% over the past year.

Price Volatility

Is EOG's price volatile compared to industry and market?
EOG volatility
EOG Average Weekly Movement5.7%
Oil and Gas Industry Average Movement7.2%
Market Average Movement6.0%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.4%

Stable Share Price: EOG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: EOG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19852,900Ezra Yacobhttps://www.eogresources.com

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; the Republic of Trinidad and Tobago; the People's Republic of China; and the Sultanate of Oman. As of December 31, 2020, it had total estimated net proved reserves of 3,220 million barrels of oil equivalent, including 1,514 million barrels (MMBbl) of crude oil and condensate reserves; 813 MMBbl of natural gas liquid reserves; and 5,360 billion cubic feet of natural gas reserves.

EOG Resources Fundamentals Summary

How do EOG Resources's earnings and revenue compare to its market cap?
EOG fundamental statistics
Market CapUS$50.90b
Earnings (TTM)US$3.02b
Revenue (TTM)US$16.74b

16.6x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EOG income statement (TTM)
RevenueUS$16.74b
Cost of RevenueUS$6.07b
Gross ProfitUS$10.67b
ExpensesUS$7.66b
EarningsUS$3.02b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)5.16
Gross Margin63.76%
Net Profit Margin18.02%
Debt/Equity Ratio23.5%

How did EOG perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

31%

Payout Ratio

Does EOG pay a reliable dividends?

See EOG dividend history and benchmarks
When do you need to buy EOG by to receive an upcoming dividend?
EOG Resources dividend dates
Ex Dividend DateDec 14 2021
Dividend Pay DateDec 30 2021
Days until Ex dividend12 days
Days until Dividend pay date28 days

Does EOG pay a reliable dividends?

See EOG dividend history and benchmarks

Valuation

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

37.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EOG ($85.35) is trading below our estimate of fair value ($136.79)

Significantly Below Fair Value: EOG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EOG is poor value based on its PE Ratio (16.6x) compared to the US Oil and Gas industry average (15.4x).

PE vs Market: EOG is good value based on its PE Ratio (16.6x) compared to the US market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: EOG is poor value based on its PEG Ratio (4x)


Price to Book Ratio

PB vs Industry: EOG is overvalued based on its PB Ratio (2.3x) compared to the US Oil and Gas industry average (1.9x).


Future Growth

How is EOG Resources forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?

4.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EOG's forecast earnings growth (4.2% per year) is above the savings rate (2%).

Earnings vs Market: EOG's earnings (4.2% per year) are forecast to grow slower than the US market (14.2% per year).

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

Revenue vs Market: EOG's revenue (2.4% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: EOG's revenue (2.4% 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 high in 3 years time (22.5%)


Past Performance

How has EOG Resources performed over the past 5 years?

12.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EOG has high quality earnings.

Growing Profit Margin: EOG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EOG has become profitable over the past 5 years, growing earnings by 12.3% per year.

Accelerating Growth: EOG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EOG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (8.7%).


Return on Equity

High ROE: EOG's Return on Equity (13.9%) is considered low.


Financial Health

How is EOG Resources's financial position?


Financial Position Analysis

Short Term Liabilities: EOG's short term assets ($7.3B) exceed its short term liabilities ($3.5B).

Long Term Liabilities: EOG's short term assets ($7.3B) do not cover its long term liabilities ($11.9B).


Debt to Equity History and Analysis

Debt Level: EOG's net debt to equity ratio (3.8%) is considered satisfactory.

Reducing Debt: EOG's debt to equity ratio has reduced from 58.6% to 23.5% over the past 5 years.

Debt Coverage: EOG's debt is well covered by operating cash flow (131.8%).

Interest Coverage: EOG's interest payments on its debt are well covered by EBIT (22.2x coverage).


Balance Sheet


Dividend

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

1.93%

Current Dividend Yield


Upcoming Dividend Payment

TodayDec 02 2021Ex Dividend DateDec 14 2021Dividend Pay DateDec 30 202116 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: EOG's dividend (1.93%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: EOG's dividend (1.93%) is low compared to the top 25% of dividend payers in the US market (3.63%).


Stability and Growth of Payments

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 reasonably low payout ratio (31%), 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 (32.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.7yrs

Average management tenure


CEO

Ezra Yacob (44 yo)

0.083

Tenure

US$2,175,159

Compensation

Mr. Ezra Y. Yacob serves as Chief Executive Officer and Director at EOG Resources, Inc. since October 01, 2021. He served as President at EOG Resources, Inc. since January 4, 2021 until September 2021. Mr....


CEO Compensation Analysis

Compensation vs Market: Ezra's total compensation ($USD2.18M) is below average for companies of similar size in the US market ($USD11.14M).

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


Leadership Team

Experienced Management: EOG's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: EOG's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EOG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EOG Resources, Inc.'s 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$50.903b
  • Shares outstanding: 585.09m
  • Website: https://www.eogresources.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/01 23:54
End of Day Share Price2021/12/01 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.