Eog Resources Stock Revenue
| EOG Stock | USD 133.90 0.73 0.55% |
EOG Resources fundamentals help investors to digest information that contributes to EOG Resources' financial success or failures. It also enables traders to predict the movement of EOG Stock. The fundamental analysis module provides a way to measure EOG Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EOG Resources stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 23.2 B | 24.3 B |
EOG | Revenue |
EOG Resources Company Revenue Analysis
EOG Resources' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current EOG Resources Revenue | 23.18 B |
Most of EOG Resources' fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EOG Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of EOG
Projected quarterly revenue analysis of EOG Resources provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of EOG Resources match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in EOG Resources' stock price.
EOG Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for EOG Resources is extremely important. It helps to project a fair market value of EOG Stock properly, considering its historical fundamentals such as Revenue. Since EOG Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EOG Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EOG Resources' interrelated accounts and indicators.
| 0.78 | 0.45 | 0.72 | 0.83 | 0.5 | ||
| 0.78 | 0.72 | 0.78 | 0.94 | 0.56 | ||
| 0.45 | 0.72 | 0.69 | 0.49 | 0.13 | ||
| 0.72 | 0.78 | 0.69 | 0.7 | 0.41 | ||
| 0.83 | 0.94 | 0.49 | 0.7 | 0.69 | ||
| 0.5 | 0.56 | 0.13 | 0.41 | 0.69 |
Click cells to compare fundamentals
EOG Revenue Historical Pattern
Today, most investors in EOG Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EOG Resources' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EOG Resources revenue as a starting point in their analysis.
EOG Resources Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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EOG Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, EOG Resources reported 23.18 B of revenue. This is 52.88% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The revenue for all United States stocks is 145.71% lower than that of the firm.
EOG Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EOG Resources' direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EOG Resources could also be used in its relative valuation, which is a method of valuing EOG Resources by comparing valuation metrics of similar companies.EOG Resources is currently under evaluation in revenue category among related companies.
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 |
EOG Resources Institutional Holders
Institutional Holdings refers to the ownership stake in EOG Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of EOG Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing EOG Resources' value.| 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 Fundamentals
| Return On Equity | 0.29 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 76.76 B | ||||
| Shares Outstanding | 575.22 M | ||||
| Shares Owned By Insiders | 0.50 % | ||||
| Shares Owned By Institutions | 91.96 % | ||||
| Number Of Shares Shorted | 9.66 M | ||||
| Price To Earning | 11.09 X | ||||
| Price To Book | 2.77 X | ||||
| Price To Sales | 3.34 X | ||||
| Revenue | 23.18 B | ||||
| Gross Profit | 20.13 B | ||||
| EBITDA | 12.62 B | ||||
| Net Income | 7.59 B | ||||
| Cash And Equivalents | 5.97 B | ||||
| Cash Per Share | 8.98 X | ||||
| Total Debt | 4.8 B | ||||
| Debt To Equity | 0.22 % | ||||
| Current Ratio | 1.77 X | ||||
| Book Value Per Share | 48.36 X | ||||
| Cash Flow From Operations | 11.34 B | ||||
| Short Ratio | 2.44 X | ||||
| Earnings Per Share | 13.00 X | ||||
| Price To Earnings To Growth | 2.61 X | ||||
| Target Price | 144.97 | ||||
| Number Of Employees | 3.05 K | ||||
| Beta | 1.41 | ||||
| Market Capitalization | 77.02 B | ||||
| Total Asset | 43.86 B | ||||
| Retained Earnings | 22.63 B | ||||
| Working Capital | 5.86 B | ||||
| Current Asset | 394.35 M | ||||
| Current Liabilities | 315.55 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 1.67 % | ||||
| Net Asset | 43.86 B | ||||
| Last Dividend Paid | 3.39 |
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 | 30.16 |
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 |
| 0.93 | SM | SM Energy Financial Report 25th of April 2024 | PairCorr |
Moving against EOG Stock
| 0.65 | 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 Piotroski F Score and EOG Resources Altman Z Score 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.