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EOG Resources (EOG) Competitors

$120.93
-1.10 (-0.90%)
(As of 06/12/2024 ET)

EOG vs. COP, FANG, DVN, EQT, MRO, RRC, SWN, MTDR, SM, and CRK

Should you be buying EOG Resources stock or one of its competitors? The main competitors of EOG Resources include ConocoPhillips (COP), Diamondback Energy (FANG), Devon Energy (DVN), EQT (EQT), Marathon Oil (MRO), Range Resources (RRC), Southwestern Energy (SWN), Matador Resources (MTDR), SM Energy (SM), and Comstock Resources (CRK). These companies are all part of the "oil & gas exploration & production" industry.

EOG Resources vs.

ConocoPhillips (NYSE:COP) and EOG Resources (NYSE:EOG) are both large-cap oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, institutional ownership, community ranking, profitability, valuation, analyst recommendations, media sentiment, risk and earnings.

ConocoPhillips has a beta of 1.22, meaning that its stock price is 22% more volatile than the S&P 500. Comparatively, EOG Resources has a beta of 1.32, meaning that its stock price is 32% more volatile than the S&P 500.

ConocoPhillips pays an annual dividend of $2.32 per share and has a dividend yield of 2.1%. EOG Resources pays an annual dividend of $3.64 per share and has a dividend yield of 3.0%. ConocoPhillips pays out 26.3% of its earnings in the form of a dividend. EOG Resources pays out 28.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. ConocoPhillips has increased its dividend for 6 consecutive years and EOG Resources has increased its dividend for 7 consecutive years. EOG Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

EOG Resources has a net margin of 30.33% compared to EOG Resources' net margin of 18.40%. ConocoPhillips' return on equity of 24.83% beat EOG Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
ConocoPhillips18.40% 20.85% 10.79%
EOG Resources 30.33%24.83%15.82%

EOG Resources received 407 more outperform votes than ConocoPhillips when rated by MarketBeat users. Likewise, 72.25% of users gave EOG Resources an outperform vote while only 66.35% of users gave ConocoPhillips an outperform vote.

CompanyUnderperformOutperform
ConocoPhillipsOutperform Votes
1059
66.35%
Underperform Votes
537
33.65%
EOG ResourcesOutperform Votes
1466
72.25%
Underperform Votes
563
27.75%

ConocoPhillips currently has a consensus target price of $144.35, suggesting a potential upside of 28.67%. EOG Resources has a consensus target price of $142.67, suggesting a potential upside of 17.97%. Given EOG Resources' stronger consensus rating and higher possible upside, equities research analysts plainly believe ConocoPhillips is more favorable than EOG Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ConocoPhillips
0 Sell rating(s)
4 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
2.88
EOG Resources
0 Sell rating(s)
14 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.41

ConocoPhillips has higher revenue and earnings than EOG Resources. EOG Resources is trading at a lower price-to-earnings ratio than ConocoPhillips, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ConocoPhillips$58.57B2.24$10.96B$8.8312.71
EOG Resources$24.19B2.87$7.59B$12.669.55

In the previous week, ConocoPhillips and ConocoPhillips both had 20 articles in the media. EOG Resources' average media sentiment score of 0.90 beat ConocoPhillips' score of 0.73 indicating that ConocoPhillips is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ConocoPhillips
11 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
EOG Resources
11 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

82.4% of ConocoPhillips shares are held by institutional investors. Comparatively, 89.9% of EOG Resources shares are held by institutional investors. 0.3% of ConocoPhillips shares are held by insiders. Comparatively, 0.2% of EOG Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

EOG Resources beats ConocoPhillips on 11 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding EOG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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EOG vs. The Competition

MetricEOG ResourcesCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$69.50B$8.09B$7.79B$17.64B
Dividend Yield2.99%17.45%11.57%3.58%
P/E Ratio9.5515.4815.8325.22
Price / Sales2.874.36116.1314.45
Price / Cash6.876.7910.7919.23
Price / Book2.511.843.414.98
Net Income$7.59B$1.23B$961.99M$976.96M
7 Day Performance-0.23%0.20%0.18%0.34%
1 Month Performance-6.55%-0.29%1.35%-1.05%
1 Year Performance7.28%5.86%3.05%8.62%

EOG Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
COP
ConocoPhillips
4.9468 of 5 stars
$112.00
-0.2%
$144.35
+28.9%
+9.1%$130.99B$58.57B12.689,900Analyst Upgrade
Short Interest ↑
FANG
Diamondback Energy
4.2697 of 5 stars
$190.30
-0.4%
$207.80
+9.2%
+49.3%$33.94B$8.41B10.731,023Analyst Revision
Positive News
DVN
Devon Energy
4.8455 of 5 stars
$46.80
+0.1%
$58.83
+25.7%
-5.2%$29.57B$15.26B8.931,900Analyst Downgrade
Positive News
EQT
EQT
4.0259 of 5 stars
$40.53
-0.3%
$45.24
+11.6%
+6.4%$17.90B$6.91B29.37881Short Interest ↑
Positive News
MRO
Marathon Oil
4.7844 of 5 stars
$27.87
0.0%
$32.86
+17.9%
+20.6%$15.72B$6.70B11.521,681Analyst Revision
RRC
Range Resources
4.1475 of 5 stars
$36.31
-0.2%
$37.10
+2.2%
+35.5%$8.81B$3.37B18.43548Positive News
SWN
Southwestern Energy
3.938 of 5 stars
$7.23
flat
$8.25
+14.1%
+36.9%$7.97B$6.52B-4.161,165Positive News
MTDR
Matador Resources
4.3191 of 5 stars
$58.06
-0.6%
$74.80
+28.8%
+18.8%$7.24B$2.81B7.95395Positive News
Gap Up
SM
SM Energy
4.1547 of 5 stars
$47.02
-0.7%
$54.57
+16.1%
+74.1%$5.41B$2.35B7.37544Positive News
CRK
Comstock Resources
0.9703 of 5 stars
$11.70
-0.2%
$10.25
-12.4%
+21.0%$3.42B$1.57B53.18251Positive News

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This page (NYSE:EOG) was last updated on 6/13/2024 by MarketBeat.com Staff

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