EOG EOG Resources
$157.18
▲ 3.0%Updated Oct 16, 2:25 PM ET
Report Card
EOG at a glance — five pillars scored 0–100 from real filed financials.
How the 0–100 rating is calculatedOverall: Favorable · 63/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
Price — Past Year
▲ Up 5.0% in the year to Jul 6, 2026
Key Metrics
Market Cap
$69.66B
P/E
15.18x
Forward P/E (est.)
16.11x
ROE
18.3%
Revenue Growth
2.7%
EPS Growth
-5.8%
Profit Margin
23.0%
FCF Yield
14.7%
Debt / Equity
0.27x
ROIC
14.0%
Interest Coverage
27.17x
Current Ratio
1.85x
Dividend Yield
3.1%
Implied Growth (rev. DCF)
—
Rating Score
63/100
Business Overview
EOG Resources (EOG) is a large-cap company in the Oil & Gas Exploration & Production industry, part of the Energy sector of the S&P 500, with a market value around $69.66B.
In its latest reported year it generated about $22.63B in revenue and $4.98B in net profit.
Our model rates EOG Favorable (63/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Economic Moat
Evidence of durable competitive advantage in the filed financials (10 years of history).
Profit margins and economic moats, explainedSome durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.
34.0% average over the last 3 years
±18.0 pts around 20.8% across 10 years
grew in 5 of the last 9 year-over-year periods
positive in 10 of 10 years
14.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical Analysis (Educational)
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what EOG's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. EOG trades near $157.18, above its 50-day average ($135.92) and 200-day average ($121.33). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 37 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. EOG's is $3.51 (~2.2% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. In the month to Jul 6, 2026, EOG found buyers near $127.30 (support) and sellers near $142.44 (resistance); its 52-week range then was $101.59–$151.87. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.7× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. The indicators were last computed on Jul 6, 2026; the price is current.
Revenue Growth
4Y CAGR
5.0%
Revenue moved from $7.65B in 2016 to $22.63B in 2025, a 12.8% compound annual growth rate. The most recent year was roughly flat (2.7%) year over year. Slower, mature growth is common for established businesses.
Profitability
Gross Margin
62.5%
Operating Margin
28.2%
Net Margin
22.0%
ROE
18.3%
EOG Resources keeps about 23.0% of each sales dollar as net profit, with a 62.5% gross margin and 28.2% operating margin. Return on equity is 18.3% and return on invested capital about 14.0%. Margins this wide usually signal pricing power or a cost advantage.
Debt Analysis
Total Debt
$3.79B
Net Debt
-$1.11B
Net cash position
Net Debt / EBITDA
-0.17x
Debt / Equity
0.27x
Leverage: debt-to-equity is 0.3x, and operating profit covers interest about 27.2x, with a current ratio of 1.9x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $3.79B of total debt against $4.91B of cash.
Cash Flow Analysis
Operating CF
$10.04B
Free Cash Flow
$10.04B
FCF Margin
44.4%
In the latest year EOG Resources produced about $10.04B of operating cash flow and $10.04B of free cash flow after capital spending. That is a free-cash-flow yield of about 14.7% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Valuation Analysis
P/E
15.18x
P/S
3.09x
P/B
2.27x
EV / EBITDA
—
EOG trades at 15.2x trailing earnings (about 16.1x on estimated forward earnings), 3.1x sales, and 2.3x book value. That is a fairly typical valuation for a profitable company.
Metrics vs. Sector Range
Where EOG sits versus the Energy companies we cover.
Bands show the middle half (25th–75th percentile) of the 47 Energy companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
Sector Peer Comparison
How EOG stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.
Among the 47 rated Energy companies we cover, EOG ranks #14 by our overall rating. It trades at a discount versus the sector on earnings (15.2x P/E vs. 21.4x median) with a higher return on equity (18.3% vs. 13.3%) and faster revenue growth (2.7% vs. 0.7%).
P/E vs sector
15.2x
median 21.4x
ROE vs sector
18.3%
median 13.3%
Growth vs sector
2.7%
median 0.7%
Sector rank
#14
of 47 rated
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Energy companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 47 rated companies among the 57 Energy stocks we cover. Educational, not a recommendation.
5-Year Projection Model
Project revenue → earnings → price. Edit the assumptions to build your own case.
What drives this projection, and its limits2030 scenario price range (Base Case)
$117.22 – $195.37
vs. $157.18 today · implied CAGR -6% – 4%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $23.31B | $24.01B | $24.73B | $25.47B | $26.24B |
| Net income | $5.13B | $5.28B | $5.44B | $5.60B | $5.77B |
| EPS | $11.57 | $11.92 | $12.28 | $12.65 | $13.02 |
| Share price (low) | $104.15 | $107.27 | $110.49 | $113.81 | $117.22 |
| Share price (high) | $173.58 | $178.79 | $184.15 | $189.68 | $195.37 |
| CAGR (low–high) | -34% / 10% | -17% / 7% | -11% / 5% | -8% / 5% | -6% / 4% |
Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions.
Bull Case
The case for EOG:
- High net margins (23.0%) point to pricing power or efficiency.
- Strong return on equity (18.3%) shows capital is put to work well.
- Healthy free-cash-flow yield (~14.7%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.3x) lowers risk.
- Pays a 3.1% dividend on top of any price gains.
- Our model's overall read is Favorable (63/100).
Bear Case
The case against EOG:
- Revenue growth is slow (2.7%), limiting the upside engine.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Growth risk — sluggish revenue (2.7%) leaves little margin for execution missteps.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
Investment Thesis
On balance, the fundamentals screen favourably: EOG Resources is a large-cap energy business growing at a mature pace, with solid profitability, and a sound balance sheet. It trades at 15.2x earnings, which our model scores Favorable (63/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 36 Wall Street analysts covering EOG recommend (September 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more cautious over the last three months (-4 pts of buy ratings).
Latest SEC Filings
EOG's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K
In the Idea Lab
EOG — frequently asked questions
Is EOG a good stock to buy?
We don't give buy or sell advice. Our model rates EOG Resources Favorable (63/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is EOG's rating on The Stocks School?
EOG Resources currently scores 63/100 (Favorable) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does EOG's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from EOG Resources's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for EOG calculated?
It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.
Is this EOG analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell EOG. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.