Eog Resources Stock Piotroski F Score
| EOG Stock | USD 132.40 0.56 0.42% |
EOG | Piotroski F Score |
At this time, it appears that EOG Resources' Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Unavailable
| Current Return On Assets | Positive |
| Change in Return on Assets | Increased |
| Cash Flow Return on Assets | Positive |
| Current Quality of Earnings (accrual) | Improving |
| Asset Turnover Growth | Decrease |
| Current Ratio Change | Increase |
| Long Term Debt Over Assets Change | Higher Leverage |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | Increase |
EOG Resources Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to EOG Resources is to make sure EOG is not a subject of accounting manipulations and runs a healthy internal audit department. So, if EOG Resources' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if EOG Resources' financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Asset Turnover | 0.3 | 0.5286 |
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| Gross Profit Margin | 0.79 | 0.758 |
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| Total Current Liabilities | 4.3 B | 4.1 B |
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| Non Current Liabilities Total | 6.3 B | 11.7 B |
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| Total Assets | 46 B | 43.9 B |
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| Total Current Assets | 10.4 B | 9.9 B |
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| Total Cash From Operating Activities | 11.9 B | 11.3 B |
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EOG Resources F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between EOG Resources' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards EOG Resources in a much-optimized way.
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About EOG Resources Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.Common Stock Shares Outstanding |
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EOG Resources ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, EOG Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to EOG Resources' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
About EOG Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EOG Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EOG Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EOG Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
EOG Resources Investors Sentiment
The influence of EOG Resources' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in EOG. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to EOG Resources' public news can be used to forecast risks associated with an investment in EOG. The trend in average sentiment can be used to explain how an investor holding EOG can time the market purely based on public headlines and social activities around EOG Resources. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
EOG Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for EOG Resources' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average EOG Resources' news discussions. The higher the estimated score, the more favorable is the investor's outlook on EOG Resources.
EOG Resources Implied Volatility | 35.87 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EOG Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EOG Resources' short interest history, or implied volatility extrapolated from EOG Resources options trading.
Pair Trading with EOG Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EOG Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EOG Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with EOG Stock
| 0.91 | AR | Antero Resources Corp Earnings Call This Week | PairCorr |
| 0.93 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.97 | SD | SandRidge Energy | PairCorr |
| 0.94 | SM | SM Energy Earnings Call This Week | PairCorr |
Moving against EOG Stock
| 0.65 | VIVK | Vivakor Report 23rd of May 2024 | PairCorr |
| 0.63 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to EOG Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EOG Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EOG Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EOG Resources to buy it.
The correlation of EOG Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EOG Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EOG Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EOG Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out EOG Resources Altman Z Score, EOG Resources Correlation, EOG Resources Valuation, as well as analyze EOG Resources Alpha and Beta and EOG Resources Hype Analysis. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 13 | 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.