EOG

EOG Resources

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, an… EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
Market price
USD 144.89
Within modeled range
Base value (Fade DCF (10-year growth fade)) is 24.9% above the market price
Data: Price updated 06 Nov 2026 09:56; TTM through 30 Jun 2026, period ended 30 Jun 2026 from EODHD (downloaded 2 h ago). Last earnings: 05 Nov 2026
Verdict

Priced within the modelled range

PriceUSD 144.89
Fair value range110.40–327.32base 181.01
Estimate reliabilityLow
5-year outlook–

5-year outlook: Not shown because confidence is low: Earnings-based DCF agrees.

Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Details and the full model are below.

Fade DCF (10-year growth fade)

Market price within modeled range

Showing the Fade DCF (10-year growth fade) you selected on the company card, using 2% growth, 2.5% terminal growth and 9.2% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.

Assumptions: growth 2%, discount rate 9.20%, terminal growth 2.50% (sector defaults). See a worked example.

Blended growth assumption: 2.0% (sector default 4.6%, own revenue history 5.0%, analyst revenue consensus -10.0%).

Analyst consensus expects revenue growth of -10.0% a year; the growth assumption used is 2.0%.

Adjust assumptions

Show the recommended model instead

Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Compare models
  • Recommended: Free-cash-flow DCF — USD 154.36 (+6.5%)
  • EPS-based Gordon proxy — USD 184.14 (+27.1%)
    Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
  • DCF (trailing free cash flow) — USD 180.87 (+24.8%)
    Not used: Not chosen: Free-cash-flow DCF ranks ahead of it for this company.
  • FCFF (steady state) — USD 184.96 (+27.7%)
    Not used: Assumes only the long-run terminal growth rate from today, so it ignores the near-term growth expected.
  • EV/EBITDA (12x) — USD 308.25 (+112.7%)
    Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
  • Fade DCF (10-year growth fade) — USD 181.01 (+24.9%)
    Not used: An alternative growth path (fading over 10 years) shown for comparison; the automatic choice does not use it.
  • EV/Sales (Rule of 40) — USD 538.19 (+271.4%)
    Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
Illustrative range / share USD 110.40–327.32
Base scenario / share USD 181.01
Margin of safety (share of value) Margin of safety vs base case
Bear USD 110.40-31.2%
Base USD 181.0120.0%
Bull USD 327.3255.7%

Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.

Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.

Price history and fair value

No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.

More detail: quality, peers, price history, dividends and financials

Quality score: 92 / 100

Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.

Profitability5 of 5 years profitable20 / 20
Cash generationfree cash flow positive in 5 of 5 years20 / 20
Growthrevenue +1.0% a year12 / 20
Balance sheetnet debt 0.2x EBITDA20 / 20
MarginsEBITDA margin 52%20 / 20

Peers in Energy

Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.

CompanyPriceMargin of safetyP/EP/BYieldQuality
EOG (this company) USD 144.89 6.1% 11.1 2.4 2.8% 92
HBR.L Harbour Energy plc GBP 2.62 61.9% – 1.4 7.9% 92
FANG Diamondback Energy USD 179.58 36.7% 24.4 1.3 2.4% 100
SHEL.L Shell plc GBP 36.98 32.8% 8.6 1.4 3.0% 84
AKSO.OL Aker Solutions ASA NOK 35.92 22.8% 6.8 1.5 9.1% 75
BP.L BP p.l.c. GBP 5.54 19.2% – – 4.4% 69
BWLPG.OL BW LPG Limited NOK 208.40 7.3% 7.5 1.8 1.2% 100
TTE.PA TotalEnergies SE EUR 79.16 5.4% 8.9 1.5 4.3% 84
ENB.TO Enbridge Inc. CAD 67.33 -11.4% 19.6 2.4 5.9% 80
Peer median 8.7 1.5

Dividends

Paid in the last 12 months: USD 4.08 per share · yield 2.82% at the current price.

YearDividends per share
2026 (so far)4.080
20253.945
20243.640
20235.800
20228.800
20213.613
Sector Energy
Exchange NASDAQ
Currency USD

Trailing 12-month financials

TTM through 30 Jun 2026 · quarterly EODHD data · data downloaded 06 Nov 2026 12:29

RevenueUSD 26,748,000,000
EBITDAUSD 13,867,329,000
EBITUSD 9,020,329,000
Net incomeUSD 6,876,000,000
Free cash flowUSD 6,614,000,000
Capital expendituresUSD 6,744,000,000
DebtUSD 8,250,000,000
CashUSD 4,907,000,000
Working capitalUSD 4,542,000,000
Shares outstanding529,000,000
Reported dividends per shareUSD 4.1191