Declared Dividend • May 11
Dividend of US$1.02 announced Shareholders will receive a dividend of US$1.02. Ex-date: 17th July 2026 Payment date: 31st July 2026 Dividend yield will be 3.3%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: US$3.72 (vs US$2.66 in 1Q 2025) First quarter 2026 results: EPS: US$3.72 (up from US$2.66 in 1Q 2025). Revenue: US$6.92b (up 18% from 1Q 2025). Net income: US$1.98b (up 35% from 1Q 2025). Profit margin: 29% (up from 25% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 09
Upcoming dividend of US$1.02 per share Eligible shareholders must have bought the stock before 16 April 2026. Payment date: 30 April 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Austrian dividend payers (4.2%). Lower than average of industry peers (4.4%). New Risk • Apr 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Duyuru • Mar 30
EOG Resources, Inc., Annual General Meeting, May 20, 2026 EOG Resources, Inc., Annual General Meeting, May 20, 2026. Duyuru • Mar 25
EOG Resources, Inc. to Report Q1, 2026 Results on May 06, 2026 EOG Resources, Inc. announced that they will report Q1, 2026 results on May 06, 2026 Declared Dividend • Mar 02
Fourth quarter dividend of US$1.02 announced Shareholders will receive a dividend of US$1.02. Ex-date: 16th April 2026 Payment date: 30th April 2026 Dividend yield will be 3.5%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 25
Full year 2025 earnings released: EPS: US$9.17 (vs US$11.31 in FY 2024) Full year 2025 results: EPS: US$9.17 (down from US$11.31 in FY 2024). Revenue: US$22.6b (down 3.6% from FY 2024). Net income: US$4.98b (down 22% from FY 2024). Profit margin: 22% (down from 27% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Declared Dividend • Jan 02
Third quarter dividend of US$1.02 announced Shareholders will receive a dividend of US$1.02. Ex-date: 16th January 2026 Payment date: 30th January 2026 Dividend yield will be 4.0%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Dec 11
EOG Resources, Inc.Appoints John D. Chandler to Its Board of Directors and Committee of the Board, Effective December 10, 2025 On December 10, 2025, John D. Chandler was appointed to the Board of Directors (Board) of EOG Resources, Inc. (EOG) and to the Audit Committee of the Board, in each case effective December 10, 2025. Mr. Chandler has more than 30 years of experience in the energy industry, predominantly in financial leadership and business development roles. Mr. Chandler served as Senior Vice President and Chief Financial Officer for The Williams Companies, Inc. (Williams), a publicly traded energy infrastructure provider focused on the gathering, processing, transportation and storage of natural gas, from 2017 until his retirement in 2022. From 2002 until his retirement in 2014, Mr. Chandler served as Chief Financial Officer, Treasurer and Chief Accounting Officer for Magellan Midstream Partners (a then-publicly traded limited partnership focused on the transportation, storage and distribution of refined petroleum products and crude oil) and, from 1992 to 2002, held various positions of increasing responsibility at Williams and at MAPCO Inc., including financial and strategic planning and accounting roles. Mr. Chandler currently serves as the Chairman of the Board and a member of the Strategy Committee of Matrix Services Company, a publicly traded specialty engineering and construction contractor for the energy and industrial markets, where he has been a director since 2017. Mr. Chandler has also served as a director for LSB Industries, Inc., a publicly traded ammonia manufacturer, since 2024, and is currently the Chairman of the Audit Committee. Board Change • Dec 08
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Lynn Dugle was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Nov 10
Dividend of US$1.02 announced Shareholders will receive a dividend of US$1.02. Ex-date: 16th January 2026 Payment date: 30th January 2026 Dividend yield will be 4.0%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: US$2.72 (vs US$2.97 in 3Q 2024) Third quarter 2025 results: EPS: US$2.72 (down from US$2.97 in 3Q 2024). Revenue: US$5.85b (flat on 3Q 2024). Net income: US$1.47b (down 12% from 3Q 2024). Profit margin: 25% (down from 28% in 3Q 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 14% per year. Upcoming Dividend • Oct 10
Upcoming dividend of US$1.02 per share Eligible shareholders must have bought the stock before 17 October 2025. Payment date: 31 October 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Austrian dividend payers (4.4%). Lower than average of industry peers (6.3%). Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: US$2.48 (vs US$2.97 in 2Q 2024) Second quarter 2025 results: EPS: US$2.48 (down from US$2.97 in 2Q 2024). Revenue: US$5.48b (down 9.5% from 2Q 2024). Net income: US$1.35b (down 20% from 2Q 2024). Profit margin: 25% (down from 28% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year. Duyuru • Aug 08
EOG Resources, Inc. Provides Production Guidance for the Third Quarter and Full Year of 2025 EOG Resources, Inc. provided production guidance for the third quarter and full year of 2025. For the third quarter, the company expected total crude oil and condensate volumes in the range of 529.9 MBod to 534.9 MBod, total natural gas liquids volumes in the range of 297.5 MBbld to 312.5 MBbld, total natural gas volumes in the range of 2,675 Mcfd to 2,795 MMcfd and total crude oil equivalent volumes in the range of 1,273.2 MBoed to 1,313.3 MBoed.
For the year, the company expected total crude oil and condensate volumes in the range of 518.7 MBod to 522.9 MBod, total natural gas liquids volumes in the range of 279.0 MBbld to 289.0 MBbld, total natural gas volumes in the range of 2,455 MMcfd to 2,575 MMcfd and total crude oil equivalent volumes in the range of 1,206.8 MBoed to 1,241.1 MBoed. Duyuru • Aug 02
EOG Resources, Inc. (NYSE:EOG) completed the acquisition of Encino Acquisition Partners LLC from Canada Pension Plan Investment Board and Encino Energy, LLC. EOG Resources, Inc. (NYSE:EOG) entered into a definitive agreement to acquire Encino Acquisition Partners LLC from Canada Pension Plan Investment Board and Encino Energy, LLC for $5.6 billion on May 30, 2025. Consideration of $5.6 billion is inclusive of EAP’s net debt. EOG currently expects to fund the acquisition through $3.5 billion of debt and $2.1 billion of cash on hand. Canada Pension Plan Investment Board is selling its 98% stake in Encino Acquisition Partners. The transaction is immediately accretive to EOG's net asset value as well as all per-share financial metrics. Specifically, the acquisition is accretive on an annualized basis to 2025 EBITDA by 10%, and cash flow from operations and free cash flow by 9%. The acquisition is subject to clearance under the Hart-Scott-Rodino Act and other customary closing conditions and is expected to occur in the second half of 2025. As of July 23, 2025, The deal is expected to close around the end of July. Goldman Sachs & Co. LLC is serving as financial advisor and Wachtell, Lipton, Rosen & Katz and Akin Gump Strauss Hauer & Feld LLP is serving as legal advisor to EOG. Paul Hastings LLP represented Goldman Sachs & Co. LLC in the transaction.
EOG Resources, Inc. (NYSE:EOG) completed the acquisition of Encino Acquisition Partners LLC from Canada Pension Plan Investment Board and Encino Energy, LLC on August 1, 2025. Declared Dividend • Aug 01
Dividend of US$1.02 announced Shareholders will receive a dividend of US$1.02. Ex-date: 17th October 2025 Payment date: 31st October 2025 Dividend yield will be 3.6%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Jul 10
Upcoming dividend of US$0.97 per share Eligible shareholders must have bought the stock before 17 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Austrian dividend payers (5.0%). Lower than average of industry peers (6.3%). New Risk • Jul 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Duyuru • Jun 26
EOG Resources, Inc. to Report Q2, 2025 Results on Aug 08, 2025 EOG Resources, Inc. announced that they will report Q2, 2025 results on Aug 08, 2025 New Risk • Jun 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • May 05
Dividend of US$0.97 announced Shareholders will receive a dividend of US$0.97. Ex-date: 17th July 2025 Payment date: 31st July 2025 Dividend yield will be 3.7%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 8.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • May 03
Miller/Howard Investments Urges Voting Against Audit Committee Members at EOG Resources’ Annual Meeting On May 2, 2025, Miller/Howard Investments, Inc. filed an exempt solicitation statement soliciting proxies and urged the shareholders of EOG Resources, Inc. to consider voting against all incumbent members of the Audit Committee (Gaut, Clark, Crisp, Daniels, Dugle, Kerr, and Robertson) for failing to ensure detailed disclosure of transition- and climate-related estimates and assumptions, and confirmation of adequate consideration of these issues, is appropriate at this time, at the Company’s annual shareholders meeting scheduled to be held on May 21, 2025. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$2.66 (vs US$3.11 in 1Q 2024) First quarter 2025 results: EPS: US$2.66 (down from US$3.11 in 1Q 2024). Revenue: US$5.67b (down 3.3% from 1Q 2024). Net income: US$1.46b (down 18% from 1Q 2024). Profit margin: 26% (down from 31% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Duyuru • May 02
EOG Resources, Inc. Declares Dividend for the First Quarter 2025, Payable on July 31, 2025 EOG Resources, Inc. declared a dividend of $0.975 per share on EOG's common stock for the first quarter 2025. The dividend will be payable July 31, 2025, to stockholders of record as of July 17, 2025. The indicated annual rate is $3.90 per share. Board Change • Mar 31
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Lynn Dugle was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 31
EOG Resources, Inc., Annual General Meeting, May 21, 2025 EOG Resources, Inc., Annual General Meeting, May 21, 2025. Declared Dividend • Mar 03
Fourth quarter dividend of US$0.97 announced Shareholders will receive a dividend of US$0.97. Ex-date: 16th April 2025 Payment date: 30th April 2025 Dividend yield will be 3.0%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Reported Earnings • Feb 28
Full year 2024 earnings released: EPS: US$11.31 (vs US$13.07 in FY 2023) Full year 2024 results: EPS: US$11.31 (down from US$13.07 in FY 2023). Revenue: US$23.7b (up 1.8% from FY 2023). Net income: US$6.40b (down 16% from FY 2023). Profit margin: 27% (down from 33% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 13
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.5% to €123. The fair value is estimated to be €158, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 6.9% in 2 years. Earnings are forecast to decline by 8.5% in the next 2 years. Duyuru • Feb 11
EOG Resources, Inc. Announces Retirement of Donald F. Textor to Its Board EOG Resources, Inc. announced that Donald F. Textor plans to retire from the Board of Directors at the end of his current term and not stand for re-election at EOG's 2025 annual stockholders meeting. Textor was first elected a Director of EOG in 2001, following his retirement as a General Partner and Managing Director for Goldman, Sachs & Co. where he devoted a distinguished 21-year career as a senior security analyst for domestic oil and gas exploration and production (E&P) companies. During his service on EOG's Board, Textor also leveraged his expertise in the energy industry as Portfolio Manager of the Dorset Energy Fund and a Partner of Knott Partners Management, LLC. Board Change • Jan 07
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Lynn Dugle was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Nov 12
Dividend of US$0.97 announced Shareholders will receive a dividend of US$0.97. Ex-date: 17th January 2025 Payment date: 31st January 2025 Dividend yield will be 2.8%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.8% over the next 3 years. However, it would need to fall by 68% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$2.97 (vs US$3.51 in 3Q 2023) Third quarter 2024 results: EPS: US$2.97 (down from US$3.51 in 3Q 2023). Revenue: US$5.97b (down 2.8% from 3Q 2023). Net income: US$1.67b (down 18% from 3Q 2023). Profit margin: 28% (down from 33% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Lynn Dugle was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 10
Upcoming dividend of US$0.91 per share Eligible shareholders must have bought the stock before 17 October 2024. Payment date: 31 October 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Austrian dividend payers (6.4%). Lower than average of industry peers (6.7%). Recent Insider Transactions • Aug 29
Executive VP recently sold €1.3m worth of stock On the 26th of August, Michael Donaldson sold around 11k shares on-market at roughly €116 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.3m more than they bought in the last 12 months. Declared Dividend • Aug 04
Dividend of US$0.91 announced Shareholders will receive a dividend of US$0.91. Ex-date: 17th October 2024 Payment date: 31st October 2024 Dividend yield will be 4.3%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (27% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.9% over the next 3 years. However, it would need to fall by 70% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$2.97 (vs US$2.68 in 2Q 2023) Second quarter 2024 results: EPS: US$2.97 (up from US$2.68 in 2Q 2023). Revenue: US$6.03b (up 9.9% from 2Q 2023). Net income: US$1.69b (up 8.8% from 2Q 2023). Profit margin: 28% (in line with 2Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 10
Upcoming dividend of US$0.91 per share Eligible shareholders must have bought the stock before 17 July 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Austrian dividend payers (5.9%). Lower than average of industry peers (6.2%). Buy Or Sell Opportunity • Jul 01
Now 20% overvalued Over the last 90 days, the stock has fallen 2.7% to €118. The fair value is estimated to be €98.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to grow by 10.0% in 2 years. Earnings are forecast to decline by 2.2% in the next 2 years. Declared Dividend • May 06
Dividend of US$0.91 announced Shareholders will receive a dividend of US$0.91. Ex-date: 17th July 2024 Payment date: 31st July 2024 Dividend yield will be 4.0%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (27% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 5.2% over the next 3 years. However, it would need to fall by 70% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • May 03
First quarter 2024 earnings released: EPS: US$3.11 (vs US$3.46 in 1Q 2023) First quarter 2024 results: EPS: US$3.11 (down from US$3.46 in 1Q 2023). Revenue: US$6.12b (up 9.4% from 1Q 2023). Net income: US$1.79b (down 12% from 1Q 2023). Profit margin: 29% (down from 36% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Duyuru • May 03
EOG Resources, Inc. Declares Dividend, Payable July 31, 2024 EOG Resources, Inc. declared a dividend of $0.91 per share on EOG's common stock. The dividend will be payable July 31, 2024, to stockholders of record as of July 17, 2024. The indicated annual rate is $3.64 pershare. Buy Or Sell Opportunity • Apr 15
Now 21% undervalued Over the last 90 days, the stock has risen 21% to €126. The fair value is estimated to be €159, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are forecast to decline by 4.7% per annum over the same time period. Upcoming Dividend • Apr 08
Upcoming dividend of US$0.91 per share Eligible shareholders must have bought the stock before 15 April 2024. Payment date: 30 April 2024. Trailing yield: 4.5%. Lower than top quartile of Austrian dividend payers (5.8%). Lower than average of industry peers (6.2%). Duyuru • Mar 29
EOG Resources, Inc., Annual General Meeting, May 22, 2024 EOG Resources, Inc., Annual General Meeting, May 22, 2024, at 14:00 Central Standard Time. Agenda: To elect nine directors to hold office until the 2025 annual meeting of stockholders and until their respective successors are duly elected and qualified; To ratify the appointment by the Audit Committee of the Board of Directors of Deloitte & Touche LLP, independent registered public accounting firm, as our auditors for the year ending December 31, 2024. Duyuru • Mar 21
EOG Resources, Inc. to Report Q1, 2024 Results on May 03, 2024 EOG Resources, Inc. announced that they will report Q1, 2024 results on May 03, 2024 Declared Dividend • Feb 26
Dividend of US$0.91 announced Shareholders will receive a dividend of US$0.91. Ex-date: 15th April 2024 Payment date: 30th April 2024 Dividend yield will be 4.5%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 9.9% over the next 3 years. However, it would need to fall by 71% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: US$13.07 (vs US$13.31 in FY 2022) Full year 2023 results: EPS: US$13.07 (down from US$13.31 in FY 2022). Revenue: US$24.2b (down 18% from FY 2022). Net income: US$7.59b (down 2.1% from FY 2022). Profit margin: 31% (up from 26% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.3% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jan 09
Upcoming dividend of US$0.91 per share at 5.2% yield Eligible shareholders must have bought the stock before 16 January 2024. Payment date: 31 January 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Austrian dividend payers (5.0%). Lower than average of industry peers (9.0%). Duyuru • Dec 14
EOG Resources, Inc. Announces Key Officer Promotions EOG Resources, Inc. announced that Jeffrey R. "Jeff" Leitzell has been promoted to Executive Vice President and Chief Operating Officer effective December 18, 2023. Lloyd W. "Billy" Helms, Jr., currently President and Chief Operating Officer, will continue serving as President. EOG also announced that Ann D. Janssen will be promoted to Executive Vice President and Chief Financial Officer, effective January 1, 2024, and that Laura B. Distefano, Vice President, Accounting, will succeed Ann as Vice President and Chief Accounting Officer. Timothy K. "Tim" Driggers, EOG's Executive Vice President and Chief Financial Officer, will continue serving as an advisor to allow for the transition of his responsibilities prior to retirement in 2024. Tim Driggers has been an EOG employee for 28 years, having joined a predecessor company in 1995. Tim has served as EOG's principal financial officer since 2007 following a successful career leading the finance, accounting, and land administration functions at EOG. Jeff Leitzell currently serves as Executive Vice President, Exploration and Production, responsible for EOG's San Antonio, Corpus Christi and Oklahoma City operating areas. Jeff has 19 years of industry experience and 15 years of service with EOG. Before joining the headquarters executive management team in May 2021, Jeff served as Vice President and General Manager of EOG's Midland office. Prior to that, he was the Operations Manager of the Midland office from 2015 to 2017 after holding several engineering roles of increasing responsibility in multiple EOG offices since being hired as a Completions Engineer in 2008. He holds a Bachelor of Science degree in Petroleum and Natural Gas Engineering from West Virginia University. Ann Janssen has 28 years with EOG and is currently serving as Senior Vice President and Chief Accounting Officer, a position she has held since 2018. Ann previously served as Vice President, Accounting from 2007 to 2018. Prior to that, she held several accounting and financial leadership positions including Controller, Financial Reporting and Planning, and Treasurer. Ann joined a predecessor of EOG in 1995. She holds a Bachelor of Business Administration degree in Accounting from Texas A&M University and is a Certified Public Accountant. Laura Distefano is currently Vice President, Accounting and joined EOG in 2023 with over 24 years of experience in public accounting. Previously, Laura was an audit partner with expertise serving public and private companies in the energy industry. Laura holds Bachelor of Business Administration degrees in Accounting and Economics from Lamar University and is a Certified Public Accountant. Upcoming Dividend • Dec 07
Upcoming dividend of US$1.50 per share at 5.1% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Austrian dividend payers (5.4%). Lower than average of industry peers (9.1%). Buying Opportunity • Nov 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 4.0%. The fair value is estimated to be €147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to decline by 1.4% in the next 2 years. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$3.51 (vs US$4.90 in 3Q 2022) Third quarter 2023 results: EPS: US$3.51 (down from US$4.90 in 3Q 2022). Revenue: US$6.21b (down 19% from 3Q 2022). Net income: US$2.03b (down 29% from 3Q 2022). Profit margin: 33% (down from 37% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. New Risk • Oct 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.5% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (4.2% average weekly change). Upcoming Dividend • Oct 09
Upcoming dividend of US$0.82 per share at 3.6% yield Eligible shareholders must have bought the stock before 16 October 2023. Payment date: 31 October 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Austrian dividend payers (5.8%). Lower than average of industry peers (9.1%). Buying Opportunity • Oct 05
Now 22% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be €146, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 6.9% in 2 years. Earnings is forecast to decline by 13% in the next 2 years. Duyuru • Sep 15
EOG Resources, Inc. Announces Retirement of Kenneth W. Boedeker, Executive Vice President, Exploration and Production, Effective September 27, 2024 On September 12, 2023, Kenneth W. Boedeker, Executive Vice President, Exploration and Production of EOG Resources, Inc. (EOG), advised EOG of his intention to begin transitioning into retirement, to be effective September 27, 2024. Effective September 12, 2023, Mr. Boedeker will remain an employee of EOG and will serve in an advisory capacity to EOG’s Chief Executive Officer, Ezra Y. Yacob, but will no longer be an executive officer of EOG. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$2.68 (vs US$3.84 in 2Q 2022) Second quarter 2023 results: EPS: US$2.68 (down from US$3.84 in 2Q 2022). Revenue: US$5.57b (down 36% from 2Q 2022). Net income: US$1.55b (down 31% from 2Q 2022). Profit margin: 28% (up from 26% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to fall by 3.1% p.a. on average during the next 3 years compared to a 5.6% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. New Risk • Jul 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.3% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.2% average weekly change). Significant insider selling over the past 3 months (€1.6m sold). Duyuru • Jul 12
EOG Resources, Inc. to Report Q2, 2023 Results on Aug 04, 2023 EOG Resources, Inc. announced that they will report Q2, 2023 results on Aug 04, 2023 Upcoming Dividend • Jul 07
Upcoming dividend of US$0.82 per share at 6.5% yield Eligible shareholders must have bought the stock before 14 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of Austrian dividend payers (5.5%). Lower than average of industry peers (9.4%). Recent Insider Transactions • May 11
COO & President recently sold €809k worth of stock On the 8th of May, Lloyd Helms sold around 8k shares on-market at roughly €105 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Lloyd has been a net seller over the last 12 months, reducing personal holdings by €1.6m. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$3.46 (vs US$0.67 in 1Q 2022) First quarter 2023 results: EPS: US$3.46 (up from US$0.67 in 1Q 2022). Revenue: US$6.04b (down 11% from 1Q 2022). Net income: US$2.02b (up 419% from 1Q 2022). Profit margin: 34% (up from 5.8% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.9% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 06
Upcoming dividend of US$0.82 per share at 2.7% yield Eligible shareholders must have bought the stock before 13 April 2023. Payment date: 28 April 2023. Payout ratio is a comfortable 23% and the cash payout ratio is 84%. Trailing yield: 2.7%. Lower than top quartile of Austrian dividend payers (5.6%). Lower than average of industry peers (8.4%). Upcoming Dividend • Mar 08
Upcoming dividend of US$1.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 15 March 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 23% and the cash payout ratio is 84%. Trailing yield: 2.8%. Lower than top quartile of Austrian dividend payers (5.2%). Lower than average of industry peers (8.1%). Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: US$13.31 (vs US$8.03 in FY 2021) Full year 2022 results: EPS: US$13.31 (up from US$8.03 in FY 2021). Revenue: US$25.7b (up 30% from FY 2021). Net income: US$7.76b (up 66% from FY 2021). Profit margin: 30% (up from 24% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 7.4% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 09
EOG Resources, Inc. Appoints Lynn A. Dugle to Board of Directors EOG Resources, Inc. announced the appointment of Lynn A. Dugle to its Board of Directors, effective March 1, 2023. Dugle served as Chief Executive Officer of Engility Holdings, a publicly traded engineering and technology consulting company, from 2016 until the sale of the company in 2019. Dugle previously served more than a decade in senior management positions at Raytheon Company, including Vice President, Engineering, Technology and Quality, and President of Intelligence, Information and Services. Before joining Raytheon in 2004, Dugle held international and officer-level positions with ADC Telecommunications. Dugle began her career at Texas Instruments. EOG also announced that James C. Day plans to retire from the Board at the end of his current term and not stand for re-election at EOG's 2023 annual stockholders meeting. Day was first elected a Director of EOG in 2008, following a distinguished career leading Noble Corporation, one of the world's largest offshore drilling companies, including as Chairman of the Board from 1992 until his retirement in 2007, and Chief Executive Officer from 1984 until 2006. Recent Insider Transactions • Jan 18
Independent Director recently bought €2.4m worth of stock On the 12th of January, Michael Kerr bought around 20k shares on-market at roughly €121 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.9m more in shares than they bought in the last 12 months. Upcoming Dividend • Jan 06
Upcoming dividend of US$0.82 per share Eligible shareholders must have bought the stock before 13 January 2023. Payment date: 31 January 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Austrian dividend payers (5.1%). Lower than average of industry peers (8.0%). Upcoming Dividend • Dec 07
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 14 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Austrian dividend payers (5.2%). Lower than average of industry peers (7.7%). Recent Insider Transactions • Dec 02
COO & President recently sold €749k worth of stock On the 30th of November, Lloyd Helms sold around 5k shares on-market at roughly €137 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €878k. This was Lloyd's only on-market trade for the last 12 months. Recent Insider Transactions • Nov 12
Executive VP recently sold €496k worth of stock On the 8th of November, Michael Donaldson sold around 3k shares on-market at roughly €147 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.1m more than they sold in the last 12 months. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$4.90 (vs US$1.89 in 3Q 2021) Third quarter 2022 results: EPS: US$4.90 (up from US$1.89 in 3Q 2021). Revenue: US$7.63b (up 45% from 3Q 2021). Net income: US$2.85b (up 161% from 3Q 2021). Profit margin: 37% (up from 21% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.5% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Oct 07
Upcoming dividend of US$0.75 per share Eligible shareholders must have bought the stock before 14 October 2022. Payment date: 31 October 2022. Payout ratio is a comfortable 27% and the cash payout ratio is 77%. Trailing yield: 2.4%. Lower than top quartile of Austrian dividend payers (6.4%). Lower than average of industry peers (8.3%). Upcoming Dividend • Sep 07
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 27% and the cash payout ratio is 77%. Trailing yield: 2.5%. Lower than top quartile of Austrian dividend payers (5.5%). Lower than average of industry peers (8.1%). Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$3.84 (vs US$1.56 in 2Q 2021) Second quarter 2022 results: EPS: US$3.84 (up from US$1.56 in 2Q 2021). Revenue: US$7.41b (up 64% from 2Q 2021). Net income: US$2.24b (up 147% from 2Q 2021). Profit margin: 30% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.9%, compared to a 16% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 07
Upcoming dividend of US$0.75 per share Eligible shareholders must have bought the stock before 14 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Austrian dividend payers (5.6%). Lower than average of industry peers (6.0%). Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 22% share price decline to €105, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 67% over the past year.