Eog Resources Stock Today

EOG Stock  USD 113.94  1.89  1.69%   

Performance

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Odds Of Distress

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EOG Resources is trading at 113.94 as of the 28th of February 2024. This is a 1.69 percent up since the beginning of the trading day. The stock's lowest day price was 112.11. EOG Resources has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for EOG Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of January 2024 and ending today, the 28th of February 2024. Click here to learn more.
Business Domain
Energy
IPO Date
4th of October 1989
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas. Eog Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. The company has 580 M outstanding shares of which 6.71 M shares are currently shorted by investors with about 2.27 days to cover. More on EOG Resources

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Moving against EOG Stock

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EOG Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. EOG Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding EOG Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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, 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
ChairmanWilliam Thomas
Thematic Ideas
(View all Themes)
SEC FilingsEOG Resources Security & Exchange Commission EDGAR Reports
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, SP 500 Index, Dow Jones Oil, NYSE US 100, ARCA Oil, Climate Change, Petroleum and Natural Gas, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering EOG Resources report their recommendations after researching EOG Resources' financial statements, talking to executives and customers, or listening in on EOG Resources' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering EOG Resources. The EOG consensus assessment is calculated by taking the average forecast from all of the analysts covering EOG Resources.
Financial Strength
Based on the key indicators related to EOG Resources' liquidity, profitability, solvency, and operating efficiency, EOG Resources is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in March. Financial strength of EOG Resources is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted637.3 M584 M
Significantly Up
Slightly volatile
Weighted Shares634 M581 M
Significantly Up
Slightly volatile
Return on Assets0.190.179
Notably Up
Slightly volatile
Net Cash Flow from Operations10.1 B11.3 B
Fairly Down
Slightly volatile
Current Liabilities4.2 B4.1 B
Fairly Up
Slightly volatile
Total Liabilities17.2 B15.8 B
Significantly Up
Slightly volatile
Gross Margin0.670.637
Sufficiently Up
Pretty Stable
Total Debt4.6 B4.1 B
Moderately Up
Slightly volatile
Asset Turnover0.570.569
Slightly Up
Pretty Stable
Current Assets8.6 B9.9 B
Fairly Down
Slightly volatile
Total Assets43.2 B43.9 B
Fairly Down
Slightly volatile
EOG Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to EOG Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
EOG Resources' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of EOG Resources' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand EOG Resources' financial leverage. It provides some insight into what part of EOG Resources' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on EOG Resources' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how EOG Resources deploys its capital and how much of that capital is borrowed.
Liquidity
EOG Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 4.8 B in debt with debt to equity (D/E) ratio of 0.22, which may show that the company is not taking advantage of profits from borrowing. EOG Resources has a current ratio of 1.73, which is typical for the industry and considered as normal. Debt can assist EOG Resources until it has trouble settling it off, either with new capital or with free cash flow. So, EOG Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EOG Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EOG to invest in growth at high rates of return. When we think about EOG Resources' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

10.09 Billion
EOG Resources (EOG) is traded on New York Stock Exchange in USA. It is located in 1111 Bagby Street, Houston, TX, United States, 77002 and employs 3,050 people. EOG Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 64.99 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate EOG Resources's market, we take the total number of its shares issued and multiply it by EOG Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. EOG Resources runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 580 M outstanding shares of which 6.71 M shares are currently shorted by investors with about 2.27 days to cover. EOG Resources has about 5.97 B in cash with 11.34 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.98.
Check EOG Resources Probability Of Bankruptcy
Ownership Allocation
EOG Resources retains a total of 580 Million outstanding shares. The majority of EOG Resources outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in EOG Resources to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in EOG Resources. Please pay attention to any change in the institutional holdings of EOG Resources as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check EOG Ownership Details

EOG Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of EOG Resources jumping above the current price in 90 days from now is about 74.52%. The EOG Resources probability density function shows the probability of EOG Resources stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon EOG Resources has a beta of 0.7465 suggesting as returns on the market go up, EOG Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EOG Resources will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. EOG Resources is significantly underperforming NYSE Composite.
  Odds Below 113.94HorizonTargetOdds Above 113.94
25.25%90 days
 113.94 
74.52%
Based on a normal probability distribution, the odds of EOG Resources to move above the current price in 90 days from now is about 74.52 (This EOG Resources probability density function shows the probability of EOG Stock to fall within a particular range of prices over 90 days) .

EOG Stock 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.
InstituionRecorded OnShares
T. Rowe Price Associates, Inc.2023-09-30
10.1 M
Royal Bank Of Canada2023-09-30
9.8 M
Fmr Inc2023-09-30
9.5 M
Nuveen Asset Management, Llc2023-09-30
9.5 M
Harris Associates L.p.2023-09-30
7.9 M
Morgan Stanley - Brokerage Accounts2023-09-30
7.8 M
Northern Trust Corp2023-09-30
6.3 M
Massachusetts Financial Services Company2023-12-31
M
Bank Of America Corp2023-09-30
5.4 M
Vanguard Group Inc2023-09-30
54.1 M
Blackrock Inc2023-09-30
40.4 M
View EOG Resources Diagnostics

EOG Resources Historical Income Statement

EOG Resources Income Statement is one of the three primary financial statements used for reporting EOG's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of EOG Resources revenue and expense. EOG Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, EOG Resources' Interest Expense is most likely to decrease significantly in the upcoming years. The EOG Resources' current Net Income is estimated to increase to about 8.2 B, while Cost of Revenue is projected to decrease to roughly 8.4 B. View More Fundamentals

EOG Stock Against Markets

Picking the right benchmark for EOG Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in EOG Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for EOG Resources is critical whether you are bullish or bearish towards EOG Resources at a given time. Please also check how EOG Resources' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in EOG Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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EOG Resources Corporate Directors

EOG Resources corporate directors refer to members of an EOG Resources board of directors. The board of directors generally takes responsibility for the EOG Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of EOG Resources' board members must vote for the resolution. The EOG Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Christopher GautDirectorProfile
Janet ClarkIndependent DirectorProfile
Robert DanielsIndependent DirectorProfile
Julie RobertsonIndependent DirectorProfile

How to buy EOG Stock?

Before investing in EOG Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in EOG Resources. To buy EOG Resources stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of EOG Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase EOG Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located EOG Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased EOG Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as EOG Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy EOG Stock please use our How to Invest in EOG Resources guide.

Already Invested in EOG Resources?

The danger of trading EOG Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of EOG Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than EOG Resources. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile EOG Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether EOG Resources is a strong investment it is important to analyze EOG Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EOG Resources' future performance. For an informed investment choice regarding EOG Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.
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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.