Eog Resources Stock Buy Hold or Sell Recommendation
| EOG Stock | USD 135.60 0.80 0.59% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding EOG Resources is 'Strong Buy'. Macroaxis provides EOG Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EOG positions. The advice algorithm takes into account all of EOG Resources' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting EOG Resources' buy or sell advice are summarized below:
Real Value 150.08 | Target Price 147.74 | Hype Value 135.17 | Market Value 135.6 | Naive Value 132.03 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell EOG Resources given historical horizon and risk tolerance towards EOG Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for EOG Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
EOG |
Execute EOG Resources Buy or Sell Advice
The EOG recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on EOG Resources. Macroaxis does not own or have any residual interests in EOG Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EOG Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
EOG Resources Trading Alerts and Improvement Suggestions
| EOG Resources has a strong financial position based on the latest SEC filings | |
| Over 92.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Equinor Gears Up for Q1 Earnings Whats in the Cards |
EOG Resources Returns Distribution Density
The distribution of EOG Resources' historical returns is an attempt to chart the uncertainty of EOG Resources' future price movements. The chart of the probability distribution of EOG Resources daily returns describes the distribution of returns around its average expected value. We use EOG Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EOG Resources returns is essential to provide solid investment advice for EOG Resources.
| Mean Return | 0.32 | Value At Risk | -1.61 | Potential Upside | 2.04 | Standard Deviation | 1.26 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EOG Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
EOG Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as EOG Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading EOG Resources backward and forwards among themselves. EOG Resources' institutional investor refers to the entity that pools money to purchase EOG Resources' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | T. Rowe Price Associates, Inc. | 2023-12-31 | 9.9 M | Fmr Inc | 2023-12-31 | 9.8 M | Royal Bank Of Canada | 2023-12-31 | 8.5 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 7.9 M | Goldman Sachs Group Inc | 2023-12-31 | 7.5 M | Harris Associates L.p. | 2023-12-31 | 7.3 M | Nuveen Asset Management, Llc | 2023-12-31 | 6.6 M | Northern Trust Corp | 2023-12-31 | 6.1 M | Massachusetts Financial Services Company | 2023-12-31 | 6 M | Vanguard Group Inc | 2023-12-31 | 54.1 M | Blackrock Inc | 2023-12-31 | 41 M |
EOG Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 90.3M | 122.6M | (13M) | (108M) | (231M) | (219.5M) | |
| Change In Cash | 472.3M | 1.3B | 1.9B | 916M | (694M) | (659.3M) | |
| Free Cash Flow | 1.7B | 1.5B | 4.9B | 2.2B | 5.2B | 5.4B | |
| Depreciation | 4.0B | 4.4B | 5.2B | 910M | 2.8B | 2.1B | |
| Other Non Cash Items | 264.7M | 1.1B | (547M) | 17M | (86M) | (81.7M) | |
| Capital Expenditures | 6.4B | 3.5B | 3.9B | 1.0B | 6.2B | 3.2B | |
| Net Income | 2.7B | (604.6M) | 4.7B | 2.0B | 7.6B | 8.0B | |
| End Period Cash Flow | 1.6B | 2.0B | 3.3B | 5.2B | 5.3B | 5.5B | |
| Dividends Paid | 588.2M | 820.8M | 2.7B | 1.4B | 3.4B | 3.6B | |
| Change To Netincome | 1.3B | 2.1B | 994M | 4.5B | 5.1B | 5.4B | |
| Change Receivables | (91.8M) | 466.5M | (821M) | (347M) | (312.3M) | (296.7M) | |
| Net Borrowings | (917.9M) | (1.0B) | (750M) | (35M) | (31.5M) | (29.9M) | |
| Investments | (6.2B) | (3.3B) | (3.4B) | (5.1B) | (6.2B) | (5.9B) |
EOG Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to EOG Resources or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that EOG Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a EOG stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.26 | |
β | Beta against NYSE Composite | 0.69 | |
σ | Overall volatility | 1.26 | |
Ir | Information ratio | 0.18 |
EOG Resources Volatility Alert
EOG Resources has relatively low volatility with skewness of -0.58 and kurtosis of 1.04. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure EOG Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact EOG Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.EOG Resources Implied Volatility
EOG Resources' implied volatility exposes the market's sentiment of EOG Resources stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if EOG Resources' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that EOG Resources stock will not fluctuate a lot when EOG Resources' options are near their expiration.
EOG Resources Fundamentals Vs Peers
Comparing EOG Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze EOG Resources' direct or indirect competition across all of the common fundamentals between EOG Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as EOG Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of EOG Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing EOG Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare EOG Resources to competition |
| Fundamentals | EOG Resources | Peer Average |
| Return On Equity | 0.29 | -0.31 |
| Return On Asset | 0.14 | -0.14 |
| Profit Margin | 0.33 % | (1.27) % |
| Operating Margin | 0.42 % | (5.51) % |
| Current Valuation | 77.18 B | 16.62 B |
| Shares Outstanding | 575.22 M | 571.82 M |
| Shares Owned By Insiders | 0.50 % | 10.09 % |
| Shares Owned By Institutions | 92.00 % | 39.21 % |
| Number Of Shares Shorted | 9.66 M | 4.71 M |
| Price To Earning | 11.09 X | 28.72 X |
| Price To Book | 2.77 X | 9.51 X |
| Price To Sales | 3.34 X | 11.42 X |
| Revenue | 23.18 B | 9.43 B |
| Gross Profit | 20.13 B | 27.38 B |
| EBITDA | 12.62 B | 3.9 B |
| Net Income | 7.59 B | 570.98 M |
| Cash And Equivalents | 5.97 B | 2.7 B |
| Cash Per Share | 8.98 X | 5.01 X |
| Total Debt | 4.8 B | 5.32 B |
| Debt To Equity | 0.22 % | 48.70 % |
| Current Ratio | 1.77 X | 2.16 X |
| Book Value Per Share | 48.36 X | 1.93 K |
| Cash Flow From Operations | 11.34 B | 971.22 M |
| Short Ratio | 2.44 X | 4.00 X |
| Earnings Per Share | 12.99 X | 3.12 X |
| Price To Earnings To Growth | 2.61 X | 4.89 X |
| Target Price | 146.04 | |
| Number Of Employees | 3.05 K | 18.84 K |
| Beta | 1.41 | -0.15 |
| Market Capitalization | 77.54 B | 19.03 B |
| Total Asset | 43.86 B | 29.47 B |
| Retained Earnings | 22.63 B | 9.33 B |
| Working Capital | 5.86 B | 1.48 B |
Note: Acquisition by Dugle Lynn A of tradable shares of EOG Resources at 116.1 subject to Rule 16b-3 [view details]
EOG Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EOG . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About EOG Resources Buy or Sell Advice
When is the right time to buy or sell EOG Resources? Buying financial instruments such as EOG Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 5.3B | 5.4B | 4.8B | 3.1B | Total Assets | 38.2B | 41.4B | 43.9B | 46.0B |
Use Investing Ideas to Build Portfolios
In addition to having EOG Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tech Growth Theme or any other thematic opportunities.
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Check out EOG Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for EOG Stock analysis
When running EOG Resources' price analysis, check to measure EOG Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EOG Resources is operating at the current time. Most of EOG Resources' value examination focuses on studying past and present price action to predict the probability of EOG Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EOG Resources' price. Additionally, you may evaluate how the addition of EOG Resources to your portfolios can decrease your overall portfolio volatility.
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Is EOG Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EOG Resources. If investors know EOG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EOG Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 3.385 | Earnings Share 12.99 | Revenue Per Share 40.057 | Quarterly Revenue Growth (0.07) |
The market value of EOG Resources is measured differently than its book value, which is the value of EOG that is recorded on the company's balance sheet. Investors also form their own opinion of EOG Resources' value that differs from its market value or its book value, called intrinsic value, which is EOG Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EOG Resources' market value can be influenced by many factors that don't directly affect EOG Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EOG Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if EOG Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EOG Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.