EOG Resources Inc Stock Research

Market Summary

USD110.12-0.28

Market Closed

-0.25%

EOG Alerts

1 major insider sales recently.
Big jump in Revenue (Y/Y)
Big jump in Earnings (Y/Y)

EOG Stock Price

EOG RSI Chart

EOG Valuation

Market Cap

70.4B

Price/Earnings (Trailing)

9.08

Price/Sales (Trailing)

2.74

EV/EBITDA

4.73

Price/Free Cashflow

6.35

EOG Price/Sales (Trailing)

EOG Profitability

EBT Margin

38.52%

Return on Equity

31.31%

Return on Assets

18.75%

Free Cashflow Yield

15.75%

EOG Fundamentals

EOG Revenue

Revenue (TTM)

27.8B

Revenue Y/Y

51.74%

Revenue Q/Q

-10.05%

EOG Earnings

Earnings (TTM)

9.4B

Earnings Y/Y

418.72%

Earnings Q/Q

-11.16%

Price Action

52 Week Range

90.50150.88

(Low)(High)

Last 7 days

-3.9%

Last 30 days

-4.8%

Last 90 days

-3.6%

Trailing 12 Months

-14.3%

EOG Financial Health

Current Ratio

1.9

EOG Investor Care

Dividend Yield

5.76%

Dividend/Share (TTM)

7.46

Shares Dilution (1Y)

0.34%

Diluted EPS (TTM)

Peers (Alternatives to EOG Resources)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
EOG	70.4B	27.8B	-4.79%	-14.34%	9.08	2.74	46.65%	114.58%
OXY	60.4B	35.8B	-2.19%	-13.39%	4.68	1.64	21.97%	31.96%
DVN	49.8B	19.1B	-7.91%	-29.56%	9.45	2.71	21.85%	67.76%
PXD	48.9B	22.8B	-6.54%	-23.73%	6.92	2.15	8.58%	68.17%
FANG	23.8B	9.2B	-4.34%	-7.20%	5.45	2.6	14.20%	56.87%
APA	14.4B	11.9B	-5.54%	-26.42%	4.67	1.31	50.58%	232.96%
MID-CAP
OVV	8.4B	13.4B	-0.38%	-35.65%	1.93	0.63	15.65%	404.04%
RRC	6.9B	5.4B	17.21%	-16.42%	3.25	1.28	75.54%	3039.31%
MTDR	5.5B	3.1B	-2.24%	-20.16%	4.63	1.78	41.49%	59.32%
OAS	4.4B	3.9B	-	-	4.99	1.94	103.95%	100.98%
KOS	3.4B	2.0B	2.93%	-17.82%	15.21	1.53	9.15%	2052.25%
CRK	2.7B	3.5B	-9.01%	-50.76%	1.94	0.76	74.35%	733.18%
CPE	2.0B	3.0B	2.53%	-40.76%	1.42	0.65	59.93%	186.57%
SMALL-CAP
PARR	1.5B	7.3B	-5.04%	35.16%	4	0.2	55.45%	547.97%
LPI	805.4M	1.7B	-8.19%	-35.44%	1.28	0.42	2.66%	522.62%

Financials for EOG Resources

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	8.0%	27,763	25,702	25,027	22,199	18,931
S&GA Expenses	3.7%	591	570	553	533	525
Costs and Expenses	0.2%	15,771	15,736	15,386	14,751	13,215
EBITDA	2.5%	13,622	13,290	11,084	9,326	-
EBITDA Margin	-0.2%	0.53*	0.53*	0.50*	0.49*	-
Earnings Before Taxes	21.2%	11,999	9,901	9,541	7,307	5,549
EBT Margin	1.0%	0.39*	0.38*	0.33*	0.29*	-
Interest Expenses	-3.4%	173	179	175	182	179
Net Income	21.0%	9,392	7,759	7,467	5,708	4,377
Net Income Margin	1.2%	0.30*	0.30*	0.26*	0.23*	-
Free Cahsflow	2.6%	11,093	10,815	8,238	7,749	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	-0.8%	41,025	41,371	40,487	38,139	38,097
Current Assets	-12.3%	9,184	10,475	10,201	8,153	8,479
Cash Equivalents	-16.0%	5,018	5,972	5,272	3,073	4,009
Inventory	6.9%	1,131	1,058	872	739	586
Net PPE	2.7%	30,223	29,429	29,101	28,847	28,462
Current Liabilities	-23.3%	4,228	5,513	5,746	5,768	6,264
LT Debt, Current	-97.4%	33.00	1,283	1,282	1,282	1,283
LT Debt, Non Current	-0.2%	3,787	3,795	3,802	3,809	3,816
Shareholder's Equity	2.7%	25,447	24,779	23,849	22,312	21,540
Retained Earnings	5.1%	19,423	18,472	17,563	16,028	15,283
Additional Paid-In Capital	0.5%	6,219	6,187	6,155	6,128	6,095
Accumulated Depreciation	0.2%	42,785	42,679	42,623	42,113	41,747
Shares Outstanding	0%	583	583	582	-	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	21.9%	13,520	11,093	10,815	8,238	7,749
Share Based Compensation	-0.8%	132	133	134	151	152
Cashflow From Investing	-12.1%	-5,667	-5,056	-4,496	-4,213	-3,554
Cashflow From Financing	-29.8%	-6,843	-5,273	-5,340	-4,833	-3,577
Buy Backs	232.2%	392	118	103	87.00	74.00

Risks for EOG

What is the probability of a big loss on EOG?

92.7%

Probability that EOG Resources stock will be more than 20% underwater in next one year

69.2%

Probability that EOG Resources stock will be more than 30% underwater in next one year.

27.7%

Probability that EOG Resources stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does EOG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if EOG Resources was unfortunately bought at previous high price.

Drawdowns

Returns for EOG

Cumulative Returns on EOG

7.4%

10-Year Cumulative Returns

7.1%

7-Year Cumulative Returns

2.0%

5-Year Cumulative Returns

34.9%

3-Year Cumulative Returns

What are the long-term rolling returns for EOG?

FIve years rolling returns for EOG Resources.

Annualized Returns

Which funds bought or sold EOG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-24	Old North State Trust, LLC	unchanged	-	-5,000	42,000	0.03%
2023-05-23	Brookfield Corp /ON/	new	-	387,106	387,106	-%
2023-05-23	Front Row Advisors LLC	reduced	-62.26	-23,000	11,000	-%
2023-05-23	Toroso Investments, LLC	added	123	7,316,000	14,776,000	0.25%
2023-05-23	3Chopt Investment Partners, LLC	new	-	268,349	268,349	0.14%
2023-05-22	American Trust	added	37.08	515,208	2,931,660	0.20%
2023-05-22	Westover Capital Advisors, LLC	reduced	-0.83	-590,874	4,241,710	1.57%
2023-05-22	FDx Advisors, Inc.	unchanged	-	-	1,728,000	0.07%
2023-05-22	AMERIPRISE FINANCIAL INC	reduced	-2.27	-198,597,000	1,264,580,000	0.42%
2023-05-22	Raleigh Capital Management Inc.	added	191	7,157	11,658	0.01%

Latest Funds Activity

Are funds buying EOG calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own EOG

No. of Funds

EOG Resources News

Schedule 13G FIlings of EOG Resources

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2023	capital international investors	3.7%	21,758,218	SC 13G/A
Feb 13, 2023	capital research global investors	4.3%	24,994,183	SC 13G/A
Feb 09, 2023	vanguard group inc	9.25%	54,345,772	SC 13G/A
Feb 07, 2023	blackrock inc.	7.9%	46,344,999	SC 13G/A
Feb 06, 2023	state street corp	6.02%	35,381,953	SC 13G/A
Feb 11, 2022	capital research global investors	5.8%	33,853,299	SC 13G/A
Feb 11, 2022	capital international investors	7.4%	43,320,265	SC 13G/A
Feb 11, 2022	state street corp	6.21%	36,323,383	SC 13G/A
Feb 10, 2022	vanguard group inc	8.78%	51,345,348	SC 13G/A
Feb 01, 2022	blackrock inc.	7.9%	46,118,313	SC 13G/A

EOG Fair Value

Recent SEC filings of EOG Resources

View All Filings

Date Filed	Form Type	Document
May 26, 2023	8-K	Current Report
May 10, 2023	4	Insider Trading
May 08, 2023	144	Notice of Insider Sale Intent
May 04, 2023	10-Q	Quarterly Report
May 04, 2023	8-K	Current Report
May 02, 2023	4	Insider Trading
May 02, 2023	4	Insider Trading
May 02, 2023	4	Insider Trading
May 02, 2023	4	Insider Trading
May 02, 2023	4	Insider Trading

Latest Insider Trading transactions for EOG

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-08	Helms Lloyd W Jr	sold	-891,660	116	-7,677	president & coo
2023-04-28	TEXTOR DONALD F	acquired	1,328	119	11.117	-
2023-04-28	CRISP CHARLES R	back to issuer	-87.9299	119	-0.736	-
2023-04-28	Donaldson Michael P	acquired	15,900	119	133	evp, gen. counsel & corp sec
2023-04-28	DANIELS ROBERT P	back to issuer	-76.6997	119	-0.642	-
2023-04-28	GAUT C CHRISTOPHER	acquired	10,024	119	83.904	-
2023-04-28	CLARK JANET F	acquired	1,328	119	11.117	-
2023-04-28	TEXTOR DONALD F	acquired	104,637	119	875	-
2023-04-28	Leitzell Jeffrey R.	back to issuer	-4.7788	119	-0.04	evp exploration and production
2023-04-28	GAUT C CHRISTOPHER	back to issuer	-77.0582	119	-0.645	-

About EOG Resources

Ezra Y. Yacob

www.eogresources.com

2800

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. As of December 31, 2021, it had total estimated net proved reserves of 3,747 million barrels of oil equivalent, including 1,548 million barrels (MMBbl) of crude oil and condensate reserves; 829 MMBbl of natural gas liquid reserves; and 8,222 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

EOG Income Statement

2023-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating Revenues and Other
Total	$ 6,044	$ 3,983
Operating Expenses
Lease and Well	359	318
Transportation Costs	236	228
Gathering and Processing Costs	159	144
Exploration Costs	50	45
Dry Hole Costs	1	3
Impairments	34	55
Marketing Costs	1,361	1,283
Depreciation, Depletion and Amortization	798	847
General and Administrative	145	124
Taxes Other Than Income	329	390
Total	3,472	3,437
Operating Income	2,572	546
Other Income (Expense), Net	65	(1)
Income Before Interest Expense and Income Taxes	2,637	545
Interest Expense, Net	42	48
Income Before Income Taxes	2,595	497
Income Tax Provision	572	107
Net Income	$ 2,023	$ 390
Net Income Per Share
Basic (in USD per share)	$ 3.46	$ 0.67
Diluted (in USD per share)	$ 3.45	$ 0.67
Average Number of Common Shares
Basic (in shares)	584	582
Diluted (in shares)	587	586
Comprehensive Income
Net Income	$ 2,023	$ 390
Other Comprehensive Loss
Foreign Currency Translation Adjustments	0	(1)
Other, Net of Tax	0	0
Other Comprehensive Loss	0	(1)
Comprehensive Income	2,023	389
Crude Oil and Condensate
Operating Revenues and Other
Revenue from contract with customer	3,182	3,889
Natural Gas Liquids
Operating Revenues and Other
Revenue from contract with customer	490	681
Natural Gas
Operating Revenues and Other
Revenue from contract with customer	517	716
Gains (Losses) on Mark-to-Market Financial Commodity Derivative Contracts
Operating Revenues and Other
Revenue not from contract with customer	376	(2,820)
Gathering, Processing and Marketing
Operating Revenues and Other
Revenue from contract with customer	1,390	1,469
Gains on Asset Dispositions, Net
Operating Revenues and Other
Revenue not from contract with customer	69	25
Other, Net
Operating Revenues and Other
Revenue not from contract with customer	$ 20	$ 23

EOG Balance Sheet

2023-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current Assets
Cash and Cash Equivalents	$ 5,018	$ 5,972
Accounts Receivable, Net	2,455	2,774
Inventories	1,131	1,058
Income Taxes Receivable	0	97
Other	580	574
Total	9,184	10,475
Property, Plant and Equipment
Oil and Gas Properties (Successful Efforts Method)	67,907	67,322
Other Property, Plant and Equipment	5,101	4,786
Total Property, Plant and Equipment	73,008	72,108
Less: Accumulated Depreciation, Depletion and Amortization	(42,785)	(42,679)
Total Property, Plant and Equipment, Net	30,223	29,429
Deferred Income Taxes	31	33
Other Assets	1,587	1,434
Total Assets	41,025	41,371
Current Liabilities
Accounts Payable	2,438	2,532
Accrued Taxes Payable	637	405
Dividends Payable	482	482
Liabilities from Price Risk Management Activities	31	169
Current Portion of Long-Term Debt	33	1,283
Current Portion of Operating Lease Liabilities	354	296
Other	253	346
Total	4,228	5,513
Long-Term Debt	3,787	3,795
Other Liabilities	2,620	2,574
Deferred Income Taxes	4,943	4,710
Commitments and Contingencies (Note 8)
Stockholders' Equity
Common Stock, $0.01 Par, 1,280,000,000 Shares Authorized and 588,534,131 Shares Issued at March 31, 2023 and 588,396,757 Shares Issued at December 31, 2022	206	206
Additional Paid in Capital	6,219	6,187
Accumulated Other Comprehensive Loss	(8)	(8)
Retained Earnings	19,423	18,472
Common Stock Held in Treasury, 3,694,718 Shares at March 31, 2023 and 700,281 Shares at December 31, 2022	(393)	(78)
Total Stockholders' Equity	25,447	24,779
Total Liabilities and Stockholders' Equity	$ 41,025	$ 41,371