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CVX vs. EOG: Chevron vs. EOG Resources Stock Comparison

How do Chevron (CVX) and EOG Resources (EOG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Chevron (CVX) and EOG Resources (EOG) both belong to the Oil, Gas & Consumable Fuels industry, though CVX is classified under Integrated Oil & Gas while EOG falls under Oil & Gas Exploration & Production.

Company profile comparison for Chevron (CVX) and EOG Resources (EOG)
Profile ItemCVXEOG
NameChevron CorporationEOG Resources, Inc.
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryIntegrated Oil & GasOil & Gas Exploration & Production
Market Capitalization414.86 billion USD76.28 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 2, 1962October 4, 1989
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CVX
EOG
GSPC
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Chevron (CVX) vs. EOG Resources (EOG), with S&P 500 (GSPC) for reference: 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 Chevron (CVX) and EOG Resources (EOG). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Chevron (CVX) and EOG Resources (EOG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Chevron (CVX) and EOG Resources (EOG)
MetricCVXEOG
Total Return (1Y)42.24%45.14%
Total Return (3Y, Annualized)19.22%10.80%
Total Return (5Y, Annualized)17.45%14.14%

Risk Profile

Drawdown History

CVX
EOG
GSPC
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Chevron (CVX) vs. EOG Resources (EOG), with S&P 500 (GSPC) for reference: 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 Chevron (CVX) and EOG Resources (EOG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Chevron (CVX) and EOG Resources (EOG)
MetricCVXEOG
Volatility (1Y, Annualized)24.66%30.35%
Beta (5Y)0.500.30
Max Drawdown (5Y)-24.95%-33.42%
Avg. Volume (3M)8.39M2.98M

Risk-Adjusted Performance

Risk-Return Positioning

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CVX and EOG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Chevron (CVX) and EOG Resources (EOG)
MetricCVXEOG
Sharpe Ratio (1Y)1.541.35
Sortino Ratio (1Y)2.261.95

Profitability

ROE (TTM)

EOG Resources (EOG) at 25.83% sits in the top ROE quartile, while Chevron (CVX) at 13.85% is closer to the peer norm — stronger capital efficiency for EOG.

CVX

Energy industry group

13.85%

Max
53.85%
Q3
24.79%
CVX
13.85%
Median
12.85%
Q1
2.03%
Min
-29.09%

EOG

Energy industry group

25.83%

Max
53.85%
EOG
25.83%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%
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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

EOG Resources (EOG) at 28.06% retains a top-quartile share of revenue as profit, ahead of Chevron (CVX) at 11.92%, which keeps about the industry-typical share.

CVX

Energy industry group

11.92%

Max
56.92%
Q3
22.92%
CVX
11.92%
Median
10.10%
Q1
0.07%
Min
-27.38%

EOG

Energy industry group

28.06%

Max
56.92%
EOG
28.06%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

EOG Resources (EOG) at 40.84% operates in the top operating margin quartile, ahead of Chevron (CVX) at 17.89%, which runs around its industry’s norm.

CVX

Energy industry group

17.89%

Max
71.31%
Q3
33.75%
Median
18.73%
CVX
17.89%
Q1
6.94%
Min
-24.52%

EOG

Energy industry group

40.84%

Max
71.31%
EOG
40.84%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Chevron (CVX) and EOG Resources (EOG)
MetricCVXEOG
ROE (TTM)13.85%25.83%
ROA (TTM)6.47%11.90%
Net Margin (TTM)11.92%28.06%
Operating Margin (TTM)17.89%40.84%
Gross Margin (TTM)44.39%62.98%

Growth

Revenue Growth

Both Chevron (CVX) at -4.64% and EOG Resources (EOG) at -3.40% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Chevron (CVX) at -31.79% and EOG Resources (EOG) at -18.93% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Chevron (CVX) and EOG Resources (EOG)
MetricCVXEOG
Revenue Growth (YoY)-4.64%-3.40%
Revenue Growth (3Y CAGR)-7.85%-8.51%
EPS Growth (YoY)-31.79%-18.93%
EPS Growth (3Y CAGR)-28.69%-11.64%

Financial Strength

Current Ratio (MRQ)

Both Chevron (CVX) at 1.34 and EOG Resources (EOG) at 1.90 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

CVX

Energy industry group

1.34

Max
3.64
Q3
2.21
Median
1.41
CVX
1.34
Q1
0.88
Min
0.24

EOG

Energy industry group

1.90

Max
3.64
Q3
2.21
EOG
1.90
Median
1.41
Q1
0.88
Min
0.24
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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Chevron (CVX) at 0.17 and EOG Resources (EOG) at 0.25 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

CVX

Energy industry group

0.17

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
CVX
0.17
Min
0.00

EOG

Energy industry group

0.25

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
EOG
0.25
Min
0.00
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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Chevron (CVX) and EOG Resources (EOG)
MetricCVXEOG
Current Ratio (MRQ)1.341.90
Debt / Equity (MRQ)0.170.25
Net Debt / EBITDA0.360.16

Dividends

Dividend Yield (TTM)

Both Chevron (CVX) at 3.31% and EOG Resources (EOG) at 2.82% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CVX

Energy industry group

3.31%

Max
8.57%
Q3
3.58%
CVX
3.31%
Median
1.71%
Q1
0.00%
Min
0.00%

EOG

Energy industry group

2.82%

Max
8.57%
Q3
3.58%
EOG
2.82%
Median
1.71%
Q1
0.00%
Min
0.00%
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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Chevron (CVX) at 51.76% and EOG Resources (EOG) at 26.34% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

CVX

Energy industry group

51.76%

Max
133.24%
Q3
53.31%
CVX
51.76%
Median
25.24%
Q1
0.00%
Min
0.00%

EOG

Energy industry group

26.34%

Max
133.24%
Q3
53.31%
EOG
26.34%
Median
25.24%
Q1
0.00%
Min
0.00%
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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Chevron (CVX) and EOG Resources (EOG)
MetricCVXEOG
Dividend Yield (TTM)3.31%2.82%
Dividend Payout Ratio (TTM)51.76%26.34%

Valuation

P/E Ratio (TTM)

Both Chevron (CVX) at 15.61 and EOG Resources (EOG) at 9.50 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

CVX

Energy industry group

15.61

Max
39.54
Q3
21.72
CVX
15.61
Median
12.19
Q1
7.71
Min
2.99

EOG

Energy industry group

9.50

Max
39.54
Q3
21.72
Median
12.19
EOG
9.50
Q1
7.71
Min
2.99
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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Chevron (CVX) at 1.83 and EOG Resources (EOG) at 2.61 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CVX

Energy industry group

1.83

Max
5.40
Q3
2.85
CVX
1.83
Median
1.69
Q1
0.88
Min
0.00

EOG

Energy industry group

2.61

Max
5.40
Q3
2.85
EOG
2.61
Median
1.69
Q1
0.88
Min
0.00
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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Chevron (CVX) at 2.13 and EOG Resources (EOG) at 2.31 are valued close to their industries’ norm against book — neither stands out from peers.

CVX

Energy industry group

2.13

Max
4.21
Q3
2.38
CVX
2.13
Median
1.51
Q1
1.08
Min
0.01

EOG

Energy industry group

2.31

Max
4.21
Q3
2.38
EOG
2.31
Median
1.51
Q1
1.08
Min
0.01
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Chevron (CVX) vs. EOG Resources (EOG): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Chevron (CVX) and EOG Resources (EOG)
MetricCVXEOG
P/E Ratio (TTM)15.619.50
P/S Ratio (TTM)1.832.61
P/B Ratio (MRQ)2.132.31
Free Cash Flow Yield (TTM)6.28%7.29%