EOG RESOURCES INC (EOG) Stock Analysis

EOG RESOURCES INC (EOG) Stock Analysis

Analysis from 10-Q filed 2025-11-06. Data as of Q4 2025.

Overall Grade: F (Concerning)

EOG RESOURCES INC faces challenges in financial performance that warrant careful analysis.

Metric Value Context
ROIC 11.9% Near cost of capital
FCF Margin 44.4% Strong cash generation
Debt/Equity 0.3x Conservative leverage

Investment Thesis: Healthy free cash flow margin of 44.4% provides financial flexibility for growth and shareholder returns.

Explore EOG RESOURCES INC: Earnings History | Filing Intelligence | ROIC Analysis


Profitability: EOG RESOURCES INC earns 11.9% ROIC, Top 25% in Energy

EOG RESOURCES INC's trailing-twelve-month ROIC of 11.9% ranks Top 25% in Energy companies (sector median: 6.9%), driven by NOPAT margin of 22.1% combined with asset turnover of 0.5x. Source: 10-Q filed 2025-11-06.

Metric EOG Rating Context
Return on Invested Capital (ROIC) 11.9% Adequate Above sector median of 6.9%
Return on Equity (ROE) 16.8% Good Efficient use of shareholder equity
Operating Margin 28.2% Excellent Efficient operations

Cash Flow: EOG RESOURCES INC generates $10.0B FCF at 44.4% margin, positive NaN/8 quarters

EOG RESOURCES INC generated $10.0B in free cash flow (TTM), a 44.4% FCF margin, a margin that ranks Top 25% in Energy. Operating cash flow exceeds net income by 2.0x, indicating high earnings quality. FCF was positive in N/A of the last 8 quarters. Source: 10-Q filed 2025-11-06.

Metric EOG Rating Context
Free Cash Flow Margin 44.4% Excellent Excellent cash conversion
Free Cash Flow (TTM) $10.0B Good Positive cash generation
OCF/Net Income 2.0x Excellent High earnings quality
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet: EOG RESOURCES INC at 0.3x leverage

EOG RESOURCES INC's debt-to-equity ratio of 0.3x reflects conservative leverage. Total debt of $7.9B offset by $3.4B in cash. Source: 10-Q filed 2025-11-06.

Metric EOG Rating Context
Debt to Equity 0.3x Excellent Conservative capital structure
Net Cash Position $-4.5B Warning Net debt position

Valuation: EOG RESOURCES INC trades at 11.4x earnings

EOG RESOURCES INC trades at a P/E of 11.4x. Free cash flow yield of 17.6% offers attractive cash returns relative to price.

Metric EOG Rating Context
P/E Ratio 11.4x Adequate Reasonable valuation
EV/Sales 2.5x Good Attractive revenue multiple
FCF Yield 17.6% Excellent Attractive cash return
Dividend Yield 3.8% Adequate Meaningful income

Capital Allocation: EOG RESOURCES INC returns 8.3% shareholder yield

EOG RESOURCES INC's total shareholder yield is 8.3% (dividends 3.8% + buybacks 4.5%). Source: 10-Q filed 2025-11-06.

Metric EOG Rating Context
Total Shareholder Yield 8.3% Excellent Dividend + buyback yield combined
Buyback Yield 4.5% Good Active share repurchases
Total Capital Returned (TTM) $4.7B Good Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) 11.9% Top 25% 1.7x above
Free Cash Flow Margin 44.4% Top 25% 5.1x above
Operating Margin 28.2% Top 25% 3.1x above
Return on Equity (ROE) 16.8% Top 25% 1.9x above
P/E Ratio 11.4x N/A -

Financial Scorecard

Metric EOG Rating Sector Context
Return on Invested Capital (ROIC) 11.9% Adequate Top 25% of sector (median: 6.9%)
Free Cash Flow Margin 44.4% Excellent Top 25% of sector (median: 8.8%)
Debt to Equity Ratio 26.6% Excellent Conservative capital structure
P/E Ratio (Price-to-Earnings) 11.4x Adequate Attractively valued
Free Cash Flow Yield 17.6% Excellent High cash return

Frequently Asked Questions

Q: What is EOG RESOURCES INC's Return on Invested Capital (ROIC)?

EOG RESOURCES INC (EOG) has a trailing twelve-month Return on Invested Capital (ROIC) of 11.9%. This compares above the sector median of 6.9%. An ROIC near 8-12% is approximately the cost of capital for most companies.

Q: What is EOG RESOURCES INC's Free Cash Flow Margin?

EOG RESOURCES INC (EOG) has a free cash flow margin of 44.4%, generating $10.0 billion in free cash flow over the trailing twelve months. A FCF margin above 20% indicates excellent cash conversion and a high-quality business model.

Q: Is EOG RESOURCES INC stock overvalued or undervalued?

EOG RESOURCES INC (EOG) trades at a P/E ratio of 11.4x, which is above the sector median of N/A. The EV/Sales multiple is 2.5x. Free cash flow yield is 17.6%, which represents an attractive cash return to investors.

Q: Does EOG RESOURCES INC pay a dividend?

EOG RESOURCES INC (EOG) currently pays a dividend yield of 3.8%. Including share buybacks, the total shareholder yield is 8.3%. This yield is moderate, suggesting a balance between income and growth reinvestment.

Q: What is EOG RESOURCES INC's revenue and earnings growth?

EOG RESOURCES INC (EOG) declined revenue by 4.5% year-over-year. Earnings per share decreased by 19.0% compared to the prior year. Revenue decline may indicate market challenges or industry headwinds.

Q: Is EOG RESOURCES INC buying back stock?

EOG RESOURCES INC (EOG) repurchased $2.6 billion of stock over the trailing twelve months. This represents a buyback yield of 4.5%.

Q: How does EOG RESOURCES INC compare to competitors in Energy?

Compared to other companies in Energy, EOG RESOURCES INC (EOG) shows: ROIC of 11.9% is above the sector median of 6.9% (Top 24%). FCF margin of 44.4% exceeds the sector median of 8.8% (Top 23% of sector). These rankings are based on MetricDuck's analysis of all Energy companies with available SEC filings.

Q: What warning signs should I watch for with EOG RESOURCES INC?

Investors in EOG RESOURCES INC (EOG) should monitor these potential warning signs: 1) ROIC has been declining, potentially signaling deteriorating competitive position. Regular monitoring of SEC filings and quarterly trends is recommended.


Data Source: Data sourced from 10-Q filed 2025-11-06. TTM metrics as of Q4 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.