EOG Resources is an independent oil and natural gas exploration and production company with operations concentrated in United States shale basins, including the Permian and Eagle Ford areas. It drills wells, produces crude oil, natural gas liquids and natural gas, and sells them at market-linked prices. Revenue therefore depends heavily on commodity prices and on the volumes it produces, which makes earnings sensitive to energy market swings.
Over the last twelve months Eog Resources Inc reported revenue of $27.0 billion, which fell 4.2% a year over the past three years. Its operating margin is 32.9% and its return on invested capital is 20%. Net debt to EBITDA is 0.2 times. A dividend is paid, with a yield of 3.2%. The X-Ray Score is 66 out of 100, a summary of these measures.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $98.46 – $158.37Volume 5,299,200Daily, split-adjusted
Vitals
Market cap$83.6B
52-week range$98.46 – $158.37
Volume (last day)5,299,200
P/E (TTM)12.4
EBIT / EV yield10.3%
Free-cash-flow yield–
Dividend yield3.2%
Revenue (TTM)$27.0B
Net income (TTM)$6.9B
Operating margin32.9%
Return on capital20.0%
Debt incl. leases$7.9B
Cash & securities$4.9B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$314model spread $260 – $328
Undervalued+98.5% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Multiples use through-the-cycle earnings (0.82x of the last twelve months)
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business at a low price
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Energy peers. Open a lens to see the numbers behind it.
ValuationStrong
84/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield10.3%
Fair value vs price2.0×
GrowthWeak
49/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-4.2%
EPS growth (3y)-11.6%
Growth consistency50%
ProfitabilityStrong
76/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital20.0%
Operating margin32.9%
Financial healthFair
60/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score4 / 9
Net debt / EBITDA0.2×
Interest cover33.0×
DividendsWeak
43/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield3.2%
Dividend growth-25.1%
Quarterly results: last 6 quarters
-7.4%Mar '25
-9.1%Jun '25
-2.0%Sep '25
+0.9%Dec '25
+22.1%Mar '26
+57.4%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $8.6B, diluted EPS $5.15.
Other Oil & Gas Exploration & Production companies by X-Ray Score.
Fundamentals checklist
● 8 Good · ● 4 Average · ● 1 Bad
Cash quality
Earnings backed by cashGood
Risk models
Altman Z''Good
Piotroski F-ScoreBad
Growth
EPS growth (3y)Average
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDAGood
Interest coverAverage
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 75/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$18.6B
$25.7B
$24.2B
$23.7B
$22.6B
Operating income
$6.1B
$10.0B
$9.6B
$8.1B
$6.4B
Net income
$4.7B
$7.8B
$7.6B
$6.4B
$5.0B
Operating cash flow
$8.8B
$11.1B
$11.3B
$12.1B
$10.0B
Operating margin
32.7%
38.8%
39.7%
34.1%
28.2%
Free cash flow
–
–
–
–
–
Diluted EPS
$7.99
$13.22
$13.00
$11.25
$9.12
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
12 bullish · 0 neutral · 4 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
SMA 10
148.9
Bullish
EMA 10
149.9
Bullish
SMA 20
144.3
Bullish
EMA 20
147.1
Bullish
SMA 50
144.8
Bullish
EMA 50
144.3
Bullish
SMA 100
140.3
Bullish
EMA 100
140.7
Bullish
SMA 200
132.4
Bullish
EMA 200
134.0
Bullish
Oscillators (daily)
RSI (14)
71.32
Bearish
MACD (12, 26)
2.76
Bullish
Momentum (12)
15.47
Bullish
Stochastic %K (14)
98.36
Bearish
Williams %R (14)
-1.64
Bearish
CCI (20)
168.7
Bearish
Pivot points (classic, last session)
S3
148.4
S2
150.5
S1
154.2
Pivot
156.3
R1
160.1
R2
162.1
R3
165.9
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
4.08 USD
Yield on today's price
2.58%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
16 Oct 2026
1.0200
17 Jul 2026
1.0200
16 Apr 2026
1.0200
16 Jan 2026
1.0200
17 Oct 2025
1.0200
17 Jul 2025
0.9750
16 Apr 2025
0.9750
17 Jan 2025
0.9750
17 Oct 2024
0.9100
17 Jul 2024
0.9100
15 Apr 2024
0.9100
16 Jan 2024
0.9100
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.