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EOG Resources Inc EOG

Morningstar Rating
$113.93 −0.29 (0.25%)
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Company Report

Price vs Fair Value

EOG is trading at a 11% discount.
Price
$114.17
Fair Value
$155.00
Uncertainty
Medium
1-Star Price
$554.72
5-Star Price
$66.60
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

EOG is among the most technically proficient operators in the business. Initial production rates from its shale wells consistently exceed industry averages.

Bears

The premium portion of EOG's inventory could run out after 10-15 years if the company fails to replace the locations it drills with new opportunities.

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News

Trading Information

Previous Close Price
$114.22
Day Range
$113.93115.07
52-Week Range
$99.05136.75
Bid/Ask
$113.84 / $113.96
Market Cap
$66.17 Bil
Volume/Avg
392,767 / 3.5 Mil

Key Statistics

Price/Earnings (Normalized)
9.58
Price/Sales
2.88
Dividend Yield (Trailing)
2.96%
Dividend Yield (Forward)
3.19%
Total Yield
4.53%

Company Profile

EOG Resources is an oil and gas producer with acreage in several US shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2022, it reported net proven reserves of 4.2 billion barrels of oil equivalent. Net production averaged 908,000 barrels of oil equivalent per day in 2022 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Large Value
Total Number of Employees
3,050

Competitors

Valuation

Metric
EOG
PXD
FANG
Price/Earnings (Normalized)
9.5810.929.69
Price/Book Value
2.362.371.93
Price/Sales
2.882.933.88
Price/Cash Flow
5.986.595.75
Price/Earnings
EOG
PXD
FANG

Financial Strength

Metric
EOG
PXD
FANG
Quick Ratio
1.960.660.68
Current Ratio
2.440.880.77
Interest Coverage
64.8444.9525.26
Quick Ratio
EOG
PXD
FANG

Profitability

Metric
EOG
PXD
FANG
Return on Assets (Normalized)
16.14%13.94%12.53%
Return on Equity (Normalized)
25.79%22.40%21.98%
Return on Invested Capital (Normalized)
21.71%18.32%15.63%
Return on Assets
EOG
PXD
FANG
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Oil & Gas E&P Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
COP
ConocoPhillipsWrlfkp$131.8 Bil
PXD
Pioneer Natural Resources CoTymbg$54.9 Bil
OXY
Occidental Petroleum CorpNdsgx$53.0 Bil
HES
Hess CorpNrmfxw$44.7 Bil
FANG
Diamondback Energy IncBhhsrw$32.1 Bil
DVN
Devon Energy CorpRlyhw$28.2 Bil
MRO
Marathon Oil CorpCzgw$13.6 Bil
APA
APA CorpFlr$9.0 Bil
AR
Antero Resources CorpCpkh$7.7 Bil

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