EOG vs. EQNR: EOG Resources vs. Equinor Stock Comparison
How do EOG Resources (EOG) and Equinor (EQNR) 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
EOG Resources (EOG) and Equinor (EQNR) both belong to the Oil, Gas & Consumable Fuels industry, though EOG is classified under Oil & Gas Exploration & Production while EQNR falls under Integrated Oil & Gas.
EOG Resources (EOG) trades as ordinary local shares, while Equinor (EQNR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | EOG | EQNR |
|---|---|---|
| Name | EOG Resources, Inc. | Equinor ASA Sponsored ADR |
| Country/Region | United States | Norway |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Integrated Oil & Gas |
| Market Capitalization | 76.28 billion USD | 99.39 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 4, 1989 | June 18, 2001 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EOG | EQNR |
|---|---|---|
| Total Return (1Y) | 45.14% | 78.03% |
| Total Return (3Y, Annualized) | 10.80% | 17.56% |
| Total Return (5Y, Annualized) | 14.14% | 17.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EOG | EQNR |
|---|---|---|
| Volatility (1Y, Annualized) | 30.35% | 40.50% |
| Beta (5Y) | 0.30 | 0.18 |
| Max Drawdown (5Y) | -33.42% | -34.57% |
| Avg. Volume (3M) | 2.98M | 3.77M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EOG | EQNR |
|---|---|---|
| Sharpe Ratio (1Y) | 1.35 | 1.82 |
| Sortino Ratio (1Y) | 1.95 | 2.76 |
Profitability
ROE (TTM)
Both EOG Resources (EOG) at 25.83% and Equinor (EQNR) at 27.57% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
EOG
Energy industry group
25.83%
- Max
- 53.85%
- EOG
- 25.83%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
EQNR
Energy industry group
27.57%
- Max
- 53.85%
- EQNR
- 27.57%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
EOG Resources (EOG) at 28.06% retains a top-quartile share of revenue as profit, ahead of Equinor (EQNR) at 9.79%, which keeps about the industry-typical share.
EOG
Energy industry group
28.06%
- Max
- 56.92%
- EOG
- 28.06%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
EQNR
Energy industry group
9.79%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- EQNR
- 9.79%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both EOG Resources (EOG) at 40.84% and Equinor (EQNR) at 37.00% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
EOG
Energy industry group
40.84%
- Max
- 71.31%
- EOG
- 40.84%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
EQNR
Energy industry group
37.00%
- Max
- 71.31%
- EQNR
- 37.00%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | EOG | EQNR |
|---|---|---|
| ROE (TTM) | 25.83% | 27.57% |
| ROA (TTM) | 11.90% | 17.10% |
| Net Margin (TTM) | 28.06% | 9.79% |
| Operating Margin (TTM) | 40.84% | 37.00% |
| Gross Margin (TTM) | 62.98% | 43.18% |
Growth
Revenue Growth
Both EOG Resources (EOG) at -3.40% and Equinor (EQNR) at 3.24% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both EOG Resources (EOG) at -18.93% and Equinor (EQNR) at -37.62% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | EOG | EQNR |
|---|---|---|
| Revenue Growth (YoY) | -3.40% | 3.24% |
| Revenue Growth (3Y CAGR) | -8.51% | -10.78% |
| EPS Growth (YoY) | -18.93% | -37.62% |
| EPS Growth (3Y CAGR) | -11.64% | -40.11% |
Financial Strength
Current Ratio (MRQ)
Both EOG Resources (EOG) at 1.90 and Equinor (EQNR) at 1.18 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
EOG
Energy industry group
1.90
- Max
- 3.64
- Q3
- 2.21
- EOG
- 1.90
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
EQNR
Energy industry group
1.18
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- EQNR
- 1.18
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
EOG Resources (EOG) at 0.25 keeps leverage in the lower industry quartile, while Equinor (EQNR) at 0.66 runs a more typical debt-to-equity mix.
EOG
Energy industry group
0.25
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- EOG
- 0.25
- Min
- 0.00
EQNR
Energy industry group
0.66
- Max
- 1.75
- Q3
- 0.93
- EQNR
- 0.66
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | EOG | EQNR |
|---|---|---|
| Current Ratio (MRQ) | 1.90 | 1.18 |
| Debt / Equity (MRQ) | 0.25 | 0.66 |
| Net Debt / EBITDA | 0.16 | 0.12 |
Dividends
Dividend Yield (TTM)
Equinor (EQNR) at 3.67% delivers top-quartile income for its industry, while EOG Resources (EOG) at 2.82% pays a more typical yield — both are credible income propositions, EQNR the richer one.
EOG
Energy industry group
2.82%
- Max
- 8.57%
- Q3
- 3.58%
- EOG
- 2.82%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
EQNR
Energy industry group
3.67%
- Max
- 8.57%
- EQNR
- 3.67%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both EOG Resources (EOG) at 26.34% and Equinor (EQNR) at 31.54% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
EOG
Energy industry group
26.34%
- Max
- 133.24%
- Q3
- 53.31%
- EOG
- 26.34%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
EQNR
Energy industry group
31.54%
- Max
- 133.24%
- Q3
- 53.31%
- EQNR
- 31.54%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | EOG | EQNR |
|---|---|---|
| Dividend Yield (TTM) | 2.82% | 3.67% |
| Dividend Payout Ratio (TTM) | 26.34% | 31.54% |
Valuation
P/E Ratio (TTM)
Both EOG Resources (EOG) at 9.50 and Equinor (EQNR) at 8.71 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
EOG
Energy industry group
9.50
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EOG
- 9.50
- Q1
- 7.71
- Min
- 2.99
EQNR
Energy industry group
8.71
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EQNR
- 8.71
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Equinor (EQNR) at 0.82 sits in the cheaper P/S ratio quartile while EOG Resources (EOG) at 2.61 prices around its industry’s middle — EQNR costs less per dollar of sales, though read it alongside growth and margins.
EOG
Energy industry group
2.61
- Max
- 5.40
- Q3
- 2.85
- EOG
- 2.61
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
EQNR
Energy industry group
0.82
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- EQNR
- 0.82
- Min
- 0.00
P/B Ratio (MRQ)
EOG Resources (EOG) at 2.31 sits near its industry’s typical P/B ratio, while Equinor (EQNR) at 4.44 prices above its benchmark range — EQNR looks rich relative to book.
EOG
Energy industry group
2.31
- Max
- 4.21
- Q3
- 2.38
- EOG
- 2.31
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
EQNR
Energy industry group
4.44
- EQNR
- 4.44
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | EOG | EQNR |
|---|---|---|
| P/E Ratio (TTM) | 9.50 | 8.71 |
| P/S Ratio (TTM) | 2.61 | 0.82 |
| P/B Ratio (MRQ) | 2.31 | 4.44 |
| Free Cash Flow Yield (TTM) | 7.29% | 32.55% |