EOG RESOURCES INC (EOG) Stock Fundamental Analysis
NYSE:EOG - New York Stock Exchange, Inc. - US26875P1012 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to EOG. EOG was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making EOG a very profitable company, without any liquidiy or solvency issues. EOG has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year EOG was profitable.
In the past year EOG had a positive cash flow from operations.
Of the past 5 years EOG 4 years were profitable.
EOG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EOG has a Return On Assets of 15.47%. This is amongst the best in the industry. EOG outperforms 87.38% of its industry peers.
The Return On Equity of EOG (24.14%) is better than 80.10% of its industry peers.
EOG has a Return On Invested Capital of 17.18%. This is amongst the best in the industry. EOG outperforms 87.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EOG is significantly below the industry average of 28.73%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.47% | ||
| ROE | 24.14% | ||
| ROIC | 17.18% |
ROA(3y)16.09%
ROA(5y)10.79%
ROE(3y)26.46%
ROE(5y)17.81%
ROIC(3y)18.8%
ROIC(5y)14.02%
1.3 Margins
EOG has a Profit Margin of 29.23%. This is in the better half of the industry: EOG outperforms 79.13% of its industry peers.
EOG's Profit Margin has improved in the last couple of years.
EOG's Operating Margin of 37.45% is fine compared to the rest of the industry. EOG outperforms 75.73% of its industry peers.
EOG's Operating Margin has improved in the last couple of years.
EOG has a Gross Margin of 62.39%. This is in the better half of the industry: EOG outperforms 68.93% of its industry peers.
In the last couple of years the Gross Margin of EOG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.45% | ||
| PM (TTM) | 29.23% | ||
| GM | 62.39% |
OM growth 3Y40.71%
OM growth 5Y8.23%
PM growth 3YN/A
PM growth 5Y9.53%
GM growth 3Y4.82%
GM growth 5Y2.9%
2. Health
2.1 Basic Checks
EOG has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for EOG has been reduced compared to 1 year ago.
EOG has about the same amout of shares outstanding than it did 5 years ago.
EOG has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.70 indicates that EOG is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.70, EOG belongs to the top of the industry, outperforming 89.32% of the companies in the same industry.
The Debt to FCF ratio of EOG is 0.63, which is an excellent value as it means it would take EOG, only 0.63 years of fcf income to pay off all of its debts.
EOG has a Debt to FCF ratio of 0.63. This is amongst the best in the industry. EOG outperforms 89.81% of its industry peers.
EOG has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of EOG (0.13) is better than 77.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.63 | ||
| Altman-Z | 4.7 |
ROIC/WACC1.95
WACC8.81%
2.3 Liquidity
EOG has a Current Ratio of 2.31. This indicates that EOG is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.31, EOG is in the better half of the industry, outperforming 75.24% of the companies in the same industry.
EOG has a Quick Ratio of 2.07. This indicates that EOG is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.07, EOG is doing good in the industry, outperforming 74.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.31 | ||
| Quick Ratio | 2.07 |
3. Growth
3.1 Past
EOG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.17%.
Measured over the past years, EOG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.07% on average per year.
EOG shows a decrease in Revenue. In the last year, the revenue decreased by -0.20%.
Measured over the past years, EOG shows a small growth in Revenue. The Revenue has been growing by 7.09% on average per year.
EPS 1Y (TTM)0.17%
EPS 3Y100.06%
EPS 5Y16.07%
EPS Q2Q%-15.99%
Revenue 1Y (TTM)-0.2%
Revenue growth 3Y29.55%
Revenue growth 5Y7.09%
Sales Q2Q%-3.98%
3.2 Future
Based on estimates for the next years, EOG will show a decrease in Earnings Per Share. The EPS will decrease by -2.52% on average per year.
EOG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.76% yearly.
EPS Next Y-0.43%
EPS Next 2Y-0.9%
EPS Next 3Y1.66%
EPS Next 5Y-2.52%
Revenue Next Year-0.49%
Revenue Next 2Y-1.65%
Revenue Next 3Y0.76%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 10.73, which indicates a very decent valuation of EOG.
EOG's Price/Earnings ratio is a bit cheaper when compared to the industry. EOG is cheaper than 63.59% of the companies in the same industry.
EOG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.47.
Based on the Price/Forward Earnings ratio of 11.16, the valuation of EOG can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EOG indicates a somewhat cheap valuation: EOG is cheaper than 65.05% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 92.74. EOG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.73 | ||
| Fwd PE | 11.16 |
4.2 Price Multiples
EOG's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. EOG is cheaper than 66.50% of the companies in the same industry.
61.65% of the companies in the same industry are more expensive than EOG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.1 | ||
| EV/EBITDA | 5.22 |
4.3 Compensation for Growth
The decent profitability rating of EOG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.67
EPS Next 2Y-0.9%
EPS Next 3Y1.66%
5. Dividend
5.1 Amount
EOG has a Yearly Dividend Yield of 3.01%.
Compared to an average industry Dividend Yield of 6.57, EOG has a dividend in line with its industry peers.
EOG's Dividend Yield is a higher than the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
5.2 History
On average, the dividend of EOG grows each year by 50.26%, which is quite nice.
EOG has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)50.26%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
EOG pays out 40.94% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP40.94%
EPS Next 2Y-0.9%
EPS Next 3Y1.66%
EOG RESOURCES INC
NYSE:EOG (2/4/2025, 8:04:00 PM)
After market: 128 -0.12 (-0.09%)128.12
+1.72 (+1.36%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners93.32%
Inst Owner Change0.13%
Ins Owners0.22%
Ins Owner Change0.61%
Market Cap72.06B
Analysts74.05
Price Target149.42 (16.63%)
Short Float %2.4%
Short Ratio4.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
Yearly Dividend5.8
Dividend Growth(5Y)50.26%
DP40.94%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.44%
Min EPS beat(2)3.14%
Max EPS beat(2)5.75%
EPS beat(4)3
Avg EPS beat(4)2.8%
Min EPS beat(4)-0.89%
Max EPS beat(4)5.75%
EPS beat(8)6
Avg EPS beat(8)4.34%
EPS beat(12)8
Avg EPS beat(12)3.24%
EPS beat(16)12
Avg EPS beat(16)10.03%
Revenue beat(2)2
Avg Revenue beat(2)6.5%
Min Revenue beat(2)6.21%
Max Revenue beat(2)6.78%
Revenue beat(4)4
Avg Revenue beat(4)5.51%
Min Revenue beat(4)1.7%
Max Revenue beat(4)7.33%
Revenue beat(8)8
Avg Revenue beat(8)6.75%
Revenue beat(12)11
Avg Revenue beat(12)3.85%
Revenue beat(16)15
Avg Revenue beat(16)3.39%
PT rev (1m)1.14%
PT rev (3m)3.99%
EPS NQ rev (1m)0.4%
EPS NQ rev (3m)-15.39%
EPS NY rev (1m)0.09%
EPS NY rev (3m)0.12%
Revenue NQ rev (1m)-1.3%
Revenue NQ rev (3m)-4.65%
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.73 | ||
| Fwd PE | 11.16 | ||
| P/S | 2.95 | ||
| P/FCF | 12.1 | ||
| P/OCF | 5.77 | ||
| P/B | 2.44 | ||
| P/tB | 2.44 | ||
| EV/EBITDA | 5.22 |
EPS(TTM)11.94
EY9.32%
EPS(NY)11.48
Fwd EY8.96%
FCF(TTM)10.59
FCFY8.26%
OCF(TTM)22.2
OCFY17.32%
SpS43.44
BVpS52.58
TBVpS52.58
PEG (NY)N/A
PEG (5Y)0.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.47% | ||
| ROE | 24.14% | ||
| ROCE | 21.92% | ||
| ROIC | 17.18% | ||
| ROICexc | 20.13% | ||
| ROICexgc | 20.13% | ||
| OM | 37.45% | ||
| PM (TTM) | 29.23% | ||
| GM | 62.39% | ||
| FCFM | 24.37% |
ROA(3y)16.09%
ROA(5y)10.79%
ROE(3y)26.46%
ROE(5y)17.81%
ROIC(3y)18.8%
ROIC(5y)14.02%
ROICexc(3y)22.16%
ROICexc(5y)16.26%
ROICexgc(3y)22.16%
ROICexgc(5y)16.26%
ROCE(3y)23.98%
ROCE(5y)17.89%
ROICexcg growth 3Y72.06%
ROICexcg growth 5Y11.68%
ROICexc growth 3Y72.06%
ROICexc growth 5Y11.68%
OM growth 3Y40.71%
OM growth 5Y8.23%
PM growth 3YN/A
PM growth 5Y9.53%
GM growth 3Y4.82%
GM growth 5Y2.9%
F-Score5
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.63 | ||
| Debt/EBITDA | 0.28 | ||
| Cap/Depr | 162.45% | ||
| Cap/Sales | 26.72% | ||
| Interest Coverage | 72.61 | ||
| Cash Conversion | 94.81% | ||
| Profit Quality | 83.4% | ||
| Current Ratio | 2.31 | ||
| Quick Ratio | 2.07 | ||
| Altman-Z | 4.7 |
F-Score5
WACC8.81%
ROIC/WACC1.95
Cap/Depr(3y)141.24%
Cap/Depr(5y)139.38%
Cap/Sales(3y)21.95%
Cap/Sales(5y)26.87%
Profit Quality(3y)84.12%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.17%
EPS 3Y100.06%
EPS 5Y16.07%
EPS Q2Q%-15.99%
EPS Next Y-0.43%
EPS Next 2Y-0.9%
EPS Next 3Y1.66%
EPS Next 5Y-2.52%
Revenue 1Y (TTM)-0.2%
Revenue growth 3Y29.55%
Revenue growth 5Y7.09%
Sales Q2Q%-3.98%
Revenue Next Year-0.49%
Revenue Next 2Y-1.65%
Revenue Next 3Y0.76%
Revenue Next 5YN/A
EBIT growth 1Y-9.85%
EBIT growth 3Y82.29%
EBIT growth 5Y15.91%
EBIT Next Year38.74%
EBIT Next 3Y12.95%
EBIT Next 5Y5.36%
FCF growth 1Y-3.37%
FCF growth 3Y49.49%
FCF growth 5Y24.96%
OCF growth 1Y15.43%
OCF growth 3Y31.32%
OCF growth 5Y7.86%