Stock Analysis on Net

EOG Resources Inc. (NYSE:EOG)

This company has been moved to the archive! The financial data has not been updated since February 27, 2020.

Common Stock Valuation Ratios (Price Multiples) 
Quarterly Data

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Historical Valuation Ratios (Summary)

EOG Resources Inc., historical price multiples (quarterly data)

Microsoft Excel
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Price to earnings (P/E) 12.77 13.89 13.20 15.15 15.93 12.51 18.87 21.03 23.96 6,099.77
Price to operating profit (P/OP) 9.44 10.50 10.15 11.57 12.19 16.22 28.83 39.66 66.80 172.54
Price to sales (P/S) 2.01 2.36 2.60 2.93 3.15 3.86 5.25 5.47 5.52 5.80 5.60 5.94 7.38 7.53 6.53 5.74 4.30
Price to book value (P/BV) 1.61 1.97 2.28 2.60 2.81 3.34 4.18 3.99 3.80 4.28 3.92 3.80 4.04 4.50 3.85 3.60 2.91 3.58 2.45 3.12

Based on: 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. EOG Resources Inc. P/E ratio increased from Q2 2019 to Q3 2019 but then decreased significantly from Q3 2019 to Q4 2019.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. EOG Resources Inc. P/OP ratio increased from Q2 2019 to Q3 2019 but then decreased significantly from Q3 2019 to Q4 2019.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. EOG Resources Inc. P/S ratio decreased from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. EOG Resources Inc. P/BV ratio decreased from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Price to Earnings (P/E)

EOG Resources Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 582,054,451 581,764,095 580,663,061 580,324,615 580,053,225 579,903,041 579,200,784 578,861,268 578,636,343 578,219,230 577,448,119 577,268,460 576,832,077 576,457,693 550,643,529 550,276,521 549,883,390 549,707,193 549,171,469 548,934,496
Selected Financial Data (US$)
Net income (loss) (in thousands) 636,521 615,122 847,841 635,426 892,768 1,190,952 696,731 638,589 2,430,468 100,541 23,053 28,517 (142,352) (190,000) (292,558) (471,776) (284,296) (4,075,739) 5,268 (169,748)
Earnings per share (EPS)2 4.70 5.14 6.14 5.89 5.89 8.55 6.68 5.52 4.46 0.02 -0.49 -1.03 -1.90 -2.15 -9.31 -8.77 -8.23 0.00 0.00 0.00
Share price1, 3 60.00 71.42 81.07 89.17 93.91 106.89 125.93 116.01 106.94 102.95 94.46 91.69 97.91 92.08 84.24 81.26 68.50 86.47 77.68 99.39
Valuation Ratio
P/E ratio4 12.77 13.89 13.20 15.15 15.93 12.51 18.87 21.03 23.96 6,099.77
Benchmarks
P/E Ratio, Competitors5
Chevron Corp. 70.06
ConocoPhillips 8.77
Exxon Mobil Corp. 15.64
Marathon Petroleum Corp. 11.68
Occidental Petroleum Corp.
Valero Energy Corp. 12.12

Based on: 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

1 Data adjusted for splits and stock dividends.

2 Q4 2019 Calculation
EPS = (Net income (loss)Q4 2019 + Net income (loss)Q3 2019 + Net income (loss)Q2 2019 + Net income (loss)Q1 2019) ÷ No. shares of common stock outstanding
= (636,521,000 + 615,122,000 + 847,841,000 + 635,426,000) ÷ 582,054,451 = 4.70

3 Closing price as at the filing date of EOG Resources Inc. Quarterly or Annual Report.

4 Q4 2019 Calculation
P/E ratio = Share price ÷ EPS
= 60.00 ÷ 4.70 = 12.77

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. EOG Resources Inc. P/E ratio increased from Q2 2019 to Q3 2019 but then decreased significantly from Q3 2019 to Q4 2019.

Price to Operating Profit (P/OP)

EOG Resources Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 582,054,451 581,764,095 580,663,061 580,324,615 580,053,225 579,903,041 579,200,784 578,861,268 578,636,343 578,219,230 577,448,119 577,268,460 576,832,077 576,457,693 550,643,529 550,276,521 549,883,390 549,707,193 549,171,469 548,934,496
Selected Financial Data (US$)
Operating income (loss) (in thousands) 863,751 827,959 1,130,771 876,530 1,123,140 1,506,687 964,931 874,588 475,912 214,836 127,908 107,746 (105,487) (193,480) (288,173) (638,141) (329,753) (6,222,957) 39,626 (172,995)
Operating profit per share2 6.36 6.80 7.99 7.70 7.71 6.59 4.37 2.93 1.60 0.60 -0.11 -0.83 -2.12 -2.51 -13.58 -13.00 -12.16 0.00 0.00 0.00
Share price1, 3 60.00 71.42 81.07 89.17 93.91 106.89 125.93 116.01 106.94 102.95 94.46 91.69 97.91 92.08 84.24 81.26 68.50 86.47 77.68 99.39
Valuation Ratio
P/OP ratio4 9.44 10.50 10.15 11.57 12.19 16.22 28.83 39.66 66.80 172.54
Benchmarks
P/OP Ratio, Competitors5
Chevron Corp. 30.35
ConocoPhillips 6.04
Exxon Mobil Corp. 10.14
Marathon Petroleum Corp. 5.52
Occidental Petroleum Corp. 45.37
Valero Energy Corp. 7.65

Based on: 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

1 Data adjusted for splits and stock dividends.

2 Q4 2019 Calculation
Operating profit per share = (Operating income (loss)Q4 2019 + Operating income (loss)Q3 2019 + Operating income (loss)Q2 2019 + Operating income (loss)Q1 2019) ÷ No. shares of common stock outstanding
= (863,751,000 + 827,959,000 + 1,130,771,000 + 876,530,000) ÷ 582,054,451 = 6.36

3 Closing price as at the filing date of EOG Resources Inc. Quarterly or Annual Report.

4 Q4 2019 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 60.00 ÷ 6.36 = 9.44

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. EOG Resources Inc. P/OP ratio increased from Q2 2019 to Q3 2019 but then decreased significantly from Q3 2019 to Q4 2019.

Price to Sales (P/S)

EOG Resources Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 582,054,451 581,764,095 580,663,061 580,324,615 580,053,225 579,903,041 579,200,784 578,861,268 578,636,343 578,219,230 577,448,119 577,268,460 576,832,077 576,457,693 550,643,529 550,276,521 549,883,390 549,707,193 549,171,469 548,934,496
Selected Financial Data (US$)
Operating revenues and other (in thousands) 4,320,246 4,303,455 4,697,630 4,058,642 4,574,536 4,781,624 4,238,077 3,681,162 3,340,439 2,644,844 2,612,472 2,610,565 2,402,039 2,118,504 1,775,740 1,354,349 1,796,761 2,172,428 2,469,701 2,318,538
Sales per share2 29.86 30.31 31.19 30.42 29.78 27.66 24.01 21.21 19.37 17.76 16.87 15.43 13.26 12.22 12.89 14.16 15.93 0.00 0.00 0.00
Share price1, 3 60.00 71.42 81.07 89.17 93.91 106.89 125.93 116.01 106.94 102.95 94.46 91.69 97.91 92.08 84.24 81.26 68.50 86.47 77.68 99.39
Valuation Ratio
P/S ratio4 2.01 2.36 2.60 2.93 3.15 3.86 5.25 5.47 5.52 5.80 5.60 5.94 7.38 7.53 6.53 5.74 4.30
Benchmarks
P/S Ratio, Competitors5
Chevron Corp. 1.46
ConocoPhillips 1.94
Exxon Mobil Corp. 0.88
Marathon Petroleum Corp. 0.25
Occidental Petroleum Corp. 1.44
Valero Energy Corp. 0.27

Based on: 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

1 Data adjusted for splits and stock dividends.

2 Q4 2019 Calculation
Sales per share = (Operating revenues and otherQ4 2019 + Operating revenues and otherQ3 2019 + Operating revenues and otherQ2 2019 + Operating revenues and otherQ1 2019) ÷ No. shares of common stock outstanding
= (4,320,246,000 + 4,303,455,000 + 4,697,630,000 + 4,058,642,000) ÷ 582,054,451 = 29.86

3 Closing price as at the filing date of EOG Resources Inc. Quarterly or Annual Report.

4 Q4 2019 Calculation
P/S ratio = Share price ÷ Sales per share
= 60.00 ÷ 29.86 = 2.01

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. EOG Resources Inc. P/S ratio decreased from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Price to Book Value (P/BV)

EOG Resources Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
No. shares of common stock outstanding1 582,054,451 581,764,095 580,663,061 580,324,615 580,053,225 579,903,041 579,200,784 578,861,268 578,636,343 578,219,230 577,448,119 577,268,460 576,832,077 576,457,693 550,643,529 550,276,521 549,883,390 549,707,193 549,171,469 548,934,496
Selected Financial Data (US$)
Stockholders’ equity (in thousands) 21,640,716 21,124,280 20,630,276 19,903,797 19,364,188 18,538,470 17,452,394 16,840,639 16,283,273 13,922,264 13,901,715 13,928,231 13,981,581 11,798,312 12,056,701 12,405,488 12,943,035 13,284,223 17,427,243 17,470,498
Book value per share (BVPS)2 37.18 36.31 35.53 34.30 33.38 31.97 30.13 29.09 28.14 24.08 24.07 24.13 24.24 20.47 21.90 22.54 23.54 24.17 31.73 31.83
Share price1, 3 60.00 71.42 81.07 89.17 93.91 106.89 125.93 116.01 106.94 102.95 94.46 91.69 97.91 92.08 84.24 81.26 68.50 86.47 77.68 99.39
Valuation Ratio
P/BV ratio4 1.61 1.97 2.28 2.60 2.81 3.34 4.18 3.99 3.80 4.28 3.92 3.80 4.04 4.50 3.85 3.60 2.91 3.58 2.45 3.12
Benchmarks
P/BV Ratio, Competitors5
Chevron Corp. 1.42 1.48 1.45 1.43
ConocoPhillips 1.80 1.72 1.98 2.11
Exxon Mobil Corp. 1.17 1.59 1.56 1.71
Marathon Petroleum Corp. 0.91 1.31 0.98 1.03
Occidental Petroleum Corp. 0.86 1.10 1.80 2.07
Valero Energy Corp. 1.35 1.97 1.49 1.65

Based on: 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

1 Data adjusted for splits and stock dividends.

2 Q4 2019 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 21,640,716,000 ÷ 582,054,451 = 37.18

3 Closing price as at the filing date of EOG Resources Inc. Quarterly or Annual Report.

4 Q4 2019 Calculation
P/BV ratio = Share price ÷ BVPS
= 60.00 ÷ 37.18 = 1.61

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. EOG Resources Inc. P/BV ratio decreased from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.