EOG Resources (EOG) Stock Analysis

November 11, 2026

This is a peer-relative look at EOG Resources (EOG): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Energy peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for EOG Resources (EOG)
Profile Item	EOG
Name	EOG Resources, Inc.
Country/Region	United States
GICS Sector	Energy
GICS Industry Group	Energy
GICS Industry	Oil, Gas & Consumable Fuels
GICS Sub-Industry	Oil & Gas Exploration & Production
Market Capitalization	76.28 billion USD
Currency	USD
Exchange	NYSE
Listing Date	October 4, 1989
Security Type	Common Stock

Price Performance

Cumulative Growth

EOG

GSPC

EOG Resources (EOG) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for EOG Resources (EOG) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for EOG Resources (EOG) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

EOG Resources (EOG) metric values compared with Energy industry-group medians
Metric	Current stock: EOG	Industry group median
Total Return (1Y)	45.14%	32.08%
Total Return (3Y, Annualized)	10.80%	14.39%
Total Return (5Y, Annualized)	14.14%	15.43%

Risk Profile

Drawdown History

EOG

GSPC

EOG Resources (EOG) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for EOG Resources (EOG) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

EOG Resources (EOG) metric values compared with Energy industry-group medians
Metric	Current stock: EOG	Industry group median
Volatility (1Y, Annualized)	30.35%	41.29%
Beta (5Y)	0.30	0.66
Max Drawdown (5Y)	-33.42%	-52.09%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. EOG is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

EOG Resources (EOG) metric values compared with Energy industry-group medians
Metric	Current stock: EOG	Industry group median
Sharpe Ratio (1Y)	1.35	0.67
Sortino Ratio (1Y)	1.95	1.01

Profitability

ROE (TTM)

EOG Resources (EOG) posts ROE of 25.83%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

EOG

Energy industry group

25.83%

Group distribution

Max: 53.85%
EOG: 25.83%
Q3: 24.79%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

Largest peers

PBR: 30.27%
EOG: 25.83%
TTE: 17.83%
COP: 17.66%
SHEL: 17.43%
XOM: 15.53%
CVX: 13.85%

Where EOG Resources (EOG) stands on ROE within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

EOG Resources (EOG) keeps 28.06% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

EOG

Energy industry group

28.06%

Group distribution

Max: 56.92%
EOG: 28.06%
Q3: 22.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

Largest peers

EOG: 28.06%
PBR: 24.32%
COP: 16.76%
CVX: 11.92%
XOM: 10.46%
TTE: 10.46%
SHEL: 10.18%

Where EOG Resources (EOG) stands on net margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

EOG Resources (EOG) turns 40.84% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

EOG

Energy industry group

40.84%

Group distribution

Max: 71.31%
EOG: 40.84%
Q3: 33.75%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

Largest peers

PBR: 44.68%
EOG: 40.84%
COP: 30.05%
TTE: 24.51%
SHEL: 18.76%
CVX: 17.89%
XOM: 16.98%

Where EOG Resources (EOG) stands on operating margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

EOG Resources (EOG) metric values compared with Energy industry-group medians
Metric	Current stock: EOG	Industry group median
ROE (TTM)	25.83%	12.85%
ROA (TTM)	11.90%	5.49%
Net Margin (TTM)	28.06%	10.10%
Operating Margin (TTM)	40.84%	18.73%
Gross Margin (TTM)	62.98%	44.52%

Growth

Revenue Growth

EOG Resources (EOG) grew revenue -3.40%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

EOG Resources (EOG): Revenue Growth across different time periods, set against Energy industry-group medians.

EPS Growth

EOG Resources (EOG) grew earnings per share -18.93%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

EOG Resources (EOG): EPS Growth across different time periods, set against Energy industry-group medians.

Growth Metrics

EOG Resources (EOG) metric values compared with Energy industry-group medians
Metric	Current stock: EOG	Industry group median
Revenue Growth (YoY)	-3.40%	0.51%
Revenue Growth (3Y CAGR)	-8.51%	0.37%
EPS Growth (YoY)	-18.93%	-11.75%
EPS Growth (3Y CAGR)	-11.64%	-12.07%

Financial Strength

Current Ratio (MRQ)

EOG Resources (EOG) has current ratio of 1.90, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

EOG

Energy industry group

1.90

Group distribution

Max: 3.64
Q3: 2.21
EOG: 1.90
Median: 1.41
Q1: 0.88
Min: 0.24

Largest peers

EOG: 1.90
COP: 1.52
SHEL: 1.38
CVX: 1.34
XOM: 1.19
TTE: 1.11
PBR: 0.85

Where EOG Resources (EOG) stands on current ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

EOG Resources (EOG) has debt-to-equity ratio of 0.25, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.

EOG

Energy industry group

0.25

Group distribution

Max: 1.75
Q3: 0.93
Median: 0.54
Q1: 0.30
EOG: 0.25
Min: 0.00

Largest peers

PBR: 0.76
TTE: 0.46
SHEL: 0.38
COP: 0.35
EOG: 0.25
CVX: 0.17
XOM: 0.13

Where EOG Resources (EOG) stands on debt-to-equity ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

EOG Resources (EOG) metric values compared with Energy industry-group medians
Metric	Current stock: EOG	Industry group median
Current Ratio (MRQ)	1.90	1.41
Debt / Equity (MRQ)	0.25	0.54
Net Debt / EBITDA	0.16	1.13

Dividends

Dividend Yield (TTM)

EOG Resources (EOG) has dividend yield of 2.82%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

EOG

Energy industry group

2.82%

Group distribution

Max: 8.57%
Q3: 3.58%
EOG: 2.82%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

Largest peers

PBR: 19.51%
TTE: 4.58%
CVX: 3.31%
EOG: 2.82%
XOM: 2.49%
COP: 2.48%
SHEL: 1.54%

Where EOG Resources (EOG) stands on dividend yield within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

EOG Resources (EOG) has payout ratio of 26.34%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

EOG

Energy industry group

26.34%

Group distribution

Max: 133.24%
Q3: 53.31%
EOG: 26.34%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

Largest peers

CVX: 51.76%
XOM: 42.39%
TTE: 39.93%
COP: 35.41%
PBR: 28.93%
EOG: 26.34%
SHEL: 26.24%

Where EOG Resources (EOG) stands on payout ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

EOG Resources (EOG) metric values compared with Energy industry-group medians
Metric	Current stock: EOG	Industry group median
Dividend Yield (TTM)	2.82%	1.71%
Dividend Payout Ratio (TTM)	26.34%	25.24%

Valuation

P/E Ratio (TTM)

EOG Resources (EOG) trades at P/E ratio of 9.50, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

EOG

Energy industry group

9.50

Group distribution

Max: 39.54
Q3: 21.72
Median: 12.19
EOG: 9.50
Q1: 7.71
Min: 2.99

Largest peers

XOM: 17.06
CVX: 15.61
COP: 14.36
EOG: 9.50
TTE: 8.76
SHEL: 8.60
PBR: 4.68

Where EOG Resources (EOG) stands on P/E ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

EOG Resources (EOG) trades at 2.61 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

EOG

Energy industry group

2.61

Group distribution

Max: 5.40
Q3: 2.85
EOG: 2.61
Median: 1.69
Q1: 0.88
Min: 0.00

Largest peers

EOG: 2.61
COP: 2.34
CVX: 1.83
XOM: 1.74
TTE: 0.90
SHEL: 0.87
PBR: 0.22

Where EOG Resources (EOG) stands on P/S ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

EOG Resources (EOG) trades at 2.31 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

EOG

Energy industry group

2.31

Group distribution

Max: 4.21
Q3: 2.38
EOG: 2.31
Median: 1.51
Q1: 1.08
Min: 0.01

Largest peers

XOM: 2.55
COP: 2.44
EOG: 2.31
CVX: 2.13
TTE: 1.46
SHEL: 1.43
PBR: 1.25

Where EOG Resources (EOG) stands on P/B ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

EOG Resources (EOG) metric values compared with Energy industry-group medians
Metric	Current stock: EOG	Industry group median
P/E Ratio (TTM)	9.50	12.19
P/S Ratio (TTM)	2.61	1.69
P/B Ratio (MRQ)	2.31	1.51
Free Cash Flow Yield (TTM)	7.29%	5.94%