Loading...

EOG Resources

NYSE:EOG
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EOG
NYSE
$49B
Market Cap
  1. Home
  2. US
  3. Energy
Company description

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The last earnings update was 43 days ago. More info.


Add to Portfolio Compare Print
  • EOG Resources has significant price volatility in the past 3 months.
EOG Share Price and Events
7 Day Returns
0.7%
NYSE:EOG
0%
US Oil and Gas
1.5%
US Market
1 Year Returns
-25.4%
NYSE:EOG
-18.4%
US Oil and Gas
1%
US Market
EOG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
EOG Resources (EOG) 0.7% -9.7% -4.1% -25.4% 5.3% -27.8%
US Oil and Gas 0% -4.9% -7.1% -18.4% -5.9% -40%
US Market 1.5% 1% 1.4% 1% 37.6% 38.1%
1 Year Return vs Industry and Market
  • EOG underperformed the Oil and Gas industry which returned -18.4% over the past year.
  • EOG underperformed the Market in United States of America which returned 1% over the past year.
Price Volatility
EOG
Industry
5yr Volatility vs Market

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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for EOG Resources.

NYSE:EOG Discounted Cash Flow Data Sources
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.

Calculation of Discount Rate/ Cost of Equity for NYSE:EOG
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 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.911 (1 + (1- 21%) (14.18%))
1.009
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% + (1.009 * 5.96%)
8.74%

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.

NYSE:EOG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.74%)
2019 1,761.84 Analyst x8 1,620.20
2020 2,391.70 Analyst x10 2,022.62
2021 2,792.00 Analyst x4 2,171.33
2022 3,666.25 Analyst x2 2,622.02
2023 3,933.60 Analyst x1 2,587.07
2024 4,159.67 Est @ 5.75% 2,515.82
2025 4,361.09 Est @ 4.84% 2,425.60
2026 4,544.62 Est @ 4.21% 2,324.48
2027 4,715.72 Est @ 3.76% 2,218.09
2028 4,878.62 Est @ 3.45% 2,110.24
Present value of next 10 years cash flows $22,617.46
NYSE:EOG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $4,878.62 × (1 + 2.73%) ÷ (8.74% – 2.73%)
$83,366.06
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $83,366.06 ÷ (1 + 8.74%)10
$36,059.83
NYSE:EOG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $22,617.46 + $36,059.83
$58,677.29
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $58,677.29 / 580.32
$101.11
NYSE:EOG Discount to Share Price
Calculation Result
Value per share (USD) From above. $101.11
Current discount Discount to share price of $85.17
= -1 x ($85.17 - $101.11) / $101.11
15.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price EOG Resources is available for.
Intrinsic value
16%
Share price is $85.17 vs Future cash flow value of $101.11
Current Discount Checks
For EOG Resources to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 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?
Raw Data
NYSE:EOG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $5.92
NYSE:EOG Share Price ** NYSE (2019-06-14) in USD $85.17
United States of America Oil and Gas Industry PE Ratio Median Figure of 102 Publicly-Listed Oil and Gas Companies 12.49x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of EOG Resources.

NYSE:EOG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:EOG Share Price ÷ EPS (both in USD)

= 85.17 ÷ 5.92

14.39x

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?
Raw Data
NYSE:EOG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts
10.5%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 78 Publicly-Listed Oil and Gas Companies 0.41x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

NYSE:EOG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.39x ÷ 10.5%

1.37x

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?
Raw Data
NYSE:EOG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $34.30
NYSE:EOG Share Price * NYSE (2019-06-14) in USD $85.17
United States of America Oil and Gas Industry PB Ratio Median Figure of 196 Publicly-Listed Oil and Gas Companies 1x
United States of America Market PB Ratio Median Figure of 5,242 Publicly-Listed Companies 1.8x
NYSE:EOG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:EOG Share Price ÷ Book Value per Share (both in USD)

= 85.17 ÷ 34.30

2.48x

* 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.
X
Value checks
We assess EOG Resources's value by looking at:
  1. 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. )
  2. 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)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. 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

 How is EOG Resources expected to perform in the next 1 to 3 years based on estimates from 23 analysts?

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!
Annual Growth Rate
10.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is EOG Resources expected to grow at an attractive rate?
  • 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 positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:EOG Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:EOG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts 10.5%
NYSE:EOG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 23 Analysts 6.2%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.6%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
Raw Data
NYSE:EOG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:EOG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 22,087 13,513 5,666 1
2022-12-31 21,071 11,756 5,046 1
2021-12-31 21,087 10,427 3,515 6
2020-12-31 19,747 9,291 3,734 14
2019-12-31 17,928 8,285 3,321 11
NYSE:EOG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 17,594 7,824 3,416
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

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • EOG Resources's earnings are expected to grow by 10.5% yearly, however this is not considered high growth (20% yearly).
  • EOG Resources's revenue is expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:EOG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 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 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:EOG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 10.42 11.80 7.73 3.00
2022-12-31 9.06 10.21 7.12 3.00
2021-12-31 6.61 8.53 4.04 7.00
2020-12-31 6.51 7.95 4.91 18.00
2019-12-31 5.87 7.01 4.73 13.00
NYSE:EOG Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 5.92
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

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • EOG Resources is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess EOG Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
EOG Resources has a total score of 1/6, 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
Below we compare EOG Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • EOG Resources's year on year earnings growth rate has been positive over the past 5 years.
  • EOG Resources's 1-year earnings growth is less than its 5-year average (7% vs 18%)
  • EOG Resources's earnings growth has not exceeded the US Oil and Gas industry average in the past year (7% vs 29.5%).
Earnings and Revenue History
EOG Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from EOG Resources Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:EOG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 17,593.63 3,415.88 815.93
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).
X
Past performance checks
We assess EOG Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
EOG Resources has a total score of 3/6, 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.
Net Worth
  • 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
This treemap shows a more detailed breakdown of EOG Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • 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.
Raw Data

All data from EOG Resources Company Filings, last reported 2 months ago.

NYSE:EOG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 19,903.80 7,006.21 1,135.81
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 (30.6%) 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 (36.8% vs 30.6% today).
  • Debt is well covered by operating cash flow (128.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 19.1x coverage).
X
Financial health checks
We assess EOG Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. EOG Resources has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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
Dividend payments
1.03%
Current annual income from EOG Resources dividends. Estimated to be 1.33% next year.
If you bought $2,000 of EOG Resources shares you are expected to receive $21 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • EOG Resources's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • EOG Resources's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Upcoming dividend payment

Purchase EOG Resources before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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.
Raw Data
NYSE:EOG Annualized Past and Future Dividends
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 67 Stocks 3.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
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 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:EOG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.48 5.00
2020-12-31 1.12 8.00
2019-12-31 0.95 9.00
NYSE:EOG Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-13 0.880 0.944
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

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of EOG Resources's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.9x coverage).
X
Income/ dividend checks
We assess EOG Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. 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)
  7. EOG Resources has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EOG Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bill Thomas
COMPENSATION $12,042,335
AGE 65
TENURE AS CEO 5.9 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, both up more than 20%.
  • 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:

4.1
Average Tenure
55.5
Average Age
  • The tenure for the EOG Resources management team is about average.
Management Team

Bill Thomas

TITLE
Chairman & CEO
COMPENSATION
$12M
AGE
65
TENURE
5.9 yrs

Tim Driggers

TITLE
Executive VP & CFO
COMPENSATION
$4M
AGE
56
TENURE
11.9 yrs

Billy Helms

TITLE
Chief Operating Officer
COMPENSATION
$5M
AGE
60
TENURE
1.5 yrs

Michael Donaldson

TITLE
Executive VP
COMPENSATION
$4M
AGE
55
TENURE
7.1 yrs

Ann Janssen

TITLE
Senior VP & Chief Accounting Officer
AGE
53
TENURE
11.9 yrs

Sandeep Bhakhri

TITLE
Chief Information & Technology Officer and Senior VP
TENURE
2.1 yrs

David Streit

TITLE
Vice President of Investor & Public Relations
TENURE
2 yrs

D. Terveen

TITLE
Senior Vice President of Marketing
TENURE
2.4 yrs

Patricia Edwards

TITLE
Senior VP & Chief Human Resources Officer
TENURE
2.1 yrs

David Trice

TITLE
Executive VP & GM of the Denver
AGE
47
TENURE
5.8 yrs
Board of Directors Tenure

Average tenure and age of the EOG Resources board of directors in years:

3.8
Average Tenure
64
Average Age
  • The tenure for the EOG Resources board of directors is about average.
Board of Directors

Bill Thomas

TITLE
Chairman & CEO
COMPENSATION
$12M
AGE
65
TENURE
5.4 yrs

Janet Clark

TITLE
Independent Director
COMPENSATION
$355K
AGE
63
TENURE
5.4 yrs

Bob Daniels

TITLE
Independent Director
COMPENSATION
$355K
AGE
59
TENURE
2.3 yrs

Julie Robertson

TITLE
Independent Director
AGE
62
TENURE
0.4 yrs

Don Textor

TITLE
Presiding Director
COMPENSATION
$355K
AGE
71
TENURE
0.4 yrs

Charlie Crisp

TITLE
Independent Director
COMPENSATION
$357K
AGE
70
TENURE
17.4 yrs

Jim Day

TITLE
Independent Director
COMPENSATION
$355K
AGE
74
TENURE
10.9 yrs

Cris Gaut

TITLE
Independent Director
COMPENSATION
$355K
AGE
62
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) 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
X
Management checks
We assess EOG Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 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

Why EOG Resources, Inc.'s (NYSE:EOG) High P/E Ratio Isn't Necessarily A Bad Thing

The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for EOG Resources: P/E of 13.85 = $82.03 ÷ $5.92 (Based on the trailing twelve months to March 2019.) Is A High P/E Ratio Good? … A higher P/E ratio means that investors are paying a higher price for each $1 of company earnings. … The exact same company would hypothetically deserve a higher P/E ratio if it had a strong balance sheet, than if it had a weak one with lots of debt, because a cashed up company can spend on growth.

Simply Wall St -

Is EOG Resources, Inc.'s (NYSE:EOG) CEO Salary Justified?

When we examined a group of companies with market caps over US$8.0b, we found that their median CEO total compensation was US$12m. … But they probably don't want to see the CEO paid more than is normal for companies around the same size. … Bill Thomas is paid around what is normal the leaders of larger companies.

Simply Wall St -

Can We See Significant Institutional Ownership On The EOG Resources, Inc. (NYSE:EOG) Share Register?

We'd expect to see both institutions and retail investors owning a portion of the company. … View our latest analysis for EOG Resources NYSE:EOG Ownership Summary, May 16th 2019 What Does The Institutional Ownership Tell Us About EOG Resources? … As you can see, institutional investors own 88% of EOG Resources.

Simply Wall St -

Are Investors Undervaluing EOG Resources, Inc. (NYSE:EOG) By 39%?

by taking the expected future cash flows and discounting them to today's value. … This is done using the Discounted Cash Flow (DCF) model! … If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model?

Simply Wall St -

Should You Be Adding EOG Resources (NYSE:EOG) To Your Watchlist Today?

Over the last three years, EOG Resources has grown earnings per share (EPS) like bamboo after rain; fast, and from a low base. … EOG Resources shareholders can take confidence from the fact that EBIT margins are up from 9.5% to 25%, and revenue is growing. … In the chart below, you can see how the company has grown earnings, and revenue, over time

Simply Wall St -

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 -

EOG 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 -

Why 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 -

All 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 -

Can 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 -

EOG 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
$49,426,247,459
580,324,615
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
Staff numbers
2,800
EOG Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/14 23:38
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/06/14
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
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.