NYSE:EOG EOG Resources Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding EOG Resources Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $40.71 -0.48 (-1.17 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$40.31Now: $40.71▼$41.5550-Day Range$38.00MA: $45.33▼$50.8952-Week Range$27.00Now: $40.71▼$89.54Volume5.84 million shsAverage Volume5.43 million shsMarket Capitalization$23.70 billionP/E Ratio66.74Dividend Yield3.64%Beta1.95 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada. As of December 31, 2018, it had total estimated net proved reserves of 2,928 million barrels of oil equivalent, including 1,532 million barrels (MMBbl) crude oil and condensate reserves; 614 MMBbl of natural gas liquid reserves; and 4,687 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was founded in 1985 and is headquartered in Houston, Texas.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingEOG Resources has received a consensus rating of Buy. The company's average rating score is 2.52, and is based on 13 buy ratings, 12 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $64.68, EOG Resources has a forecasted upside of 58.9% from its current price of $40.71.Amount of Analyst CoverageEOG Resources has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.1 Community Rank Outperform VotesEOG Resources has received 1,329 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEOG Resources has received 835 “underperform” votes. (Add your “underperform” vote.)Community SentimentEOG Resources has received 61.41% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about EOG Resources and other stocks. Vote “Outperform” if you believe EOG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe EOG will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldEOG Resources pays a meaningful dividend of 3.64%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEOG Resources has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of EOG Resources is 30.12%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, EOG Resources will have a dividend payout ratio of 71.09% next year. This indicates that EOG Resources will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EOG Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.30% of the stock of EOG Resources is held by insiders.Percentage Held by Institutions87.68% of the stock of EOG Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for EOG Resources are expected to grow by 313.73% in the coming year, from $0.51 to $2.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EOG Resources is 66.74, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.90.Price to Earnings Ratio vs. SectorThe P/E ratio of EOG Resources is 66.74, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.28.Price to Earnings Growth RatioEOG Resources has a PEG Ratio of 9.21. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEOG Resources has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 3.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.55 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:EOG Previous Symbol CUSIP26875P10 CIK821189 Webwww.eogresources.com Phone713-651-7000Debt Debt-to-Equity Ratio0.28 Current Ratio2.13 Quick Ratio1.82Price-To-Earnings Trailing P/E Ratio66.74 Forward P/E Ratio79.82 P/E Growth9.21 Sales & Book Value Annual Sales$17.38 billion Price / Sales1.36 Cash Flow$11.90 per share Price / Cash Flow3.42 Book Value$37.20 per share Price / Book1.09Profitability EPS (Most Recent Fiscal Year)$4.98 Net Income$2.73 billion Net Margins2.44% Return on Equity7.70% Return on Assets4.44%Miscellaneous Employees2,900 Outstanding Shares582,244,000Market Cap$23.70 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $40.71 -0.48 (-1.17 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive EOG News and Ratings via Email Sign-up to receive the latest news and ratings for EOG and its competitors with MarketBeat's FREE daily newsletter. EOG Resources (NYSE:EOG) Frequently Asked Questions How has EOG Resources' stock price been impacted by Coronavirus? EOG Resources' stock was trading at $38.86 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, EOG shares have increased by 4.8% and is now trading at $40.71. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of EOG Resources? 25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EOG Resources in the last year. There are currently 12 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for EOG Resources. When is EOG Resources' next earnings date? EOG Resources is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for EOG Resources. How were EOG Resources' earnings last quarter? EOG Resources Inc (NYSE:EOG) released its earnings results on Thursday, August, 6th. The energy exploration company reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.18. The energy exploration company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $2.30 billion. EOG Resources had a return on equity of 7.70% and a net margin of 2.44%. EOG Resources's quarterly revenue was down 76.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.31 earnings per share. View EOG Resources' earnings history. How often does EOG Resources pay dividends? What is the dividend yield for EOG Resources? EOG Resources announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Friday, July 17th will be given a dividend of $0.375 per share on Friday, July 31st. This represents a $1.50 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend is Thursday, July 16th. View EOG Resources' dividend history. When did EOG Resources' stock split? How did EOG Resources' stock split work? EOG Resources's stock split on Tuesday, April 1st 2014. The 2-1 split was announced on Monday, February 24th 2014. The newly issued shares were issued to shareholders after the market closes on Monday, March 31st 2014. An investor that had 100 shares of EOG Resources stock prior to the split would have 200 shares after the split. What price target have analysts set for EOG? 25 brokerages have issued 12-month target prices for EOG Resources' stock. Their forecasts range from $52.00 to $92.00. On average, they anticipate EOG Resources' share price to reach $64.68 in the next twelve months. This suggests a possible upside of 58.9% from the stock's current price. View analysts' price targets for EOG Resources. Are investors shorting EOG Resources? EOG Resources saw a decrease in short interest in August. As of August 14th, there was short interest totaling 8,400,000 shares, a decrease of 13.3% from the July 30th total of 9,690,000 shares. Based on an average daily volume of 4,320,000 shares, the short-interest ratio is currently 1.9 days. Approximately 1.5% of the company's stock are sold short. View EOG Resources' Short Interest. Who are some of EOG Resources' key competitors? Some companies that are related to EOG Resources include ConocoPhillips (COP), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Continental Resources (CLR), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), EQT (EQT), Marathon Oil (MRO), Devon Energy (DVN), WPX Energy (WPX), Cimarex Energy (XEC), Range Resources (RRC) and Whiting Petroleum (WLL). View all competitors. What other stocks do shareholders of EOG Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other EOG Resources investors own include Intel (INTC), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), Chevron (CVX), NVIDIA (NVDA), Cisco Systems (CSCO), Gilead Sciences (GILD), Alibaba Group (BABA), Boeing (BA) and Johnson & Johnson (JNJ). Who are EOG Resources' key executives? EOG Resources' management team includes the following people: Mr. William R. Thomas, Chairman & CEO (Age 66)Mr. Timothy K. Driggers, Exec. VP & CFO (Age 57)Mr. Lloyd W. Helms Jr., Chief Operating Officer (Age 61)Mr. Michael P. Donaldson, Exec. VP, Gen. Counsel & Corp. Sec. (Age 56)Ms. Ann D. Janssen, Sr. VP & Chief Accounting Officer (Age 54) What is EOG Resources' stock symbol? EOG Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "EOG." Who are EOG Resources' major shareholders? EOG Resources' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.27%), BlackRock Inc. (6.82%), Bank of New York Mellon Corp (3.02%), Goldman Sachs Group Inc. (0.93%), Nuveen Asset Management LLC (0.74%) and FMR LLC (0.68%). Company insiders that own EOG Resources stock include Charles R Crisp, David W Trice, Ezra Y Yacob and Frank G Wisner. View institutional ownership trends for EOG Resources. Which major investors are selling EOG Resources stock? EOG stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Federated Hermes Inc., DAVENPORT & Co LLC, PDT Partners LLC, Two Sigma Advisers LP, Man Group plc, BlackRock Inc., and Vanguard Group Inc.. View insider buying and selling activity for EOG Resources. Which major investors are buying EOG Resources stock? EOG stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, AJO LP, Bank of Montreal Can, Goldman Sachs Group Inc., AQR Capital Management LLC, Point72 Asset Management L.P., Public Employees Retirement Association of Colorado, and First Trust Advisors LP. View insider buying and selling activity for EOG Resources. How do I buy shares of EOG Resources? Shares of EOG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is EOG Resources' stock price today? One share of EOG stock can currently be purchased for approximately $40.71. How big of a company is EOG Resources? EOG Resources has a market capitalization of $23.70 billion and generates $17.38 billion in revenue each year. The energy exploration company earns $2.73 billion in net income (profit) each year or $4.98 on an earnings per share basis. EOG Resources employs 2,900 workers across the globe. What is EOG Resources' official website? The official website for EOG Resources is www.eogresources.com. How can I contact EOG Resources? EOG Resources' mailing address is 1111 BAGBY SKY LOBBY 2, HOUSTON TX, 77002. The energy exploration company can be reached via phone at 713-651-7000 or via email at [email protected] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
