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EOG vs. FANG: EOG Resources vs. Diamondback Energy Stock Comparison

How do EOG Resources (EOG) and Diamondback Energy (FANG) 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 Diamondback Energy (FANG) are both classified in the Oil & Gas Exploration & Production sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.

Company profile comparison for EOG Resources (EOG) and Diamondback Energy (FANG)
Profile ItemEOGFANG
NameEOG Resources, Inc.Diamondback Energy Inc.
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Exploration & ProductionOil & Gas Exploration & Production
Market Capitalization76.28 billion USD49.96 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateOctober 4, 1989October 12, 2012
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

EOG
FANG
GSPC
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EOG Resources (EOG) vs. Diamondback Energy (FANG), 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 EOG Resources (EOG) and Diamondback Energy (FANG). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for EOG Resources (EOG) and Diamondback Energy (FANG)
MetricEOGFANG
Total Return (1Y)45.14%26.99%
Total Return (3Y, Annualized)10.80%8.52%
Total Return (5Y, Annualized)14.14%14.17%

Risk Profile

Drawdown History

EOG
FANG
GSPC
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EOG Resources (EOG) vs. Diamondback Energy (FANG), 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 EOG Resources (EOG) and Diamondback Energy (FANG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for EOG Resources (EOG) and Diamondback Energy (FANG)
MetricEOGFANG
Volatility (1Y, Annualized)30.35%33.77%
Beta (5Y)0.300.53
Max Drawdown (5Y)-33.42%-42.10%
Avg. Volume (3M)2.98M2.38M

Risk-Adjusted Performance

Risk-Return Positioning

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EOG and FANG 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 EOG Resources (EOG) and Diamondback Energy (FANG)
MetricEOGFANG
Sharpe Ratio (1Y)1.350.67
Sortino Ratio (1Y)1.950.97

Profitability

ROE (TTM)

EOG Resources (EOG) at 25.83% sits in the top ROE quartile, while Diamondback Energy (FANG) at 4.86% is closer to the peer norm — stronger capital efficiency for EOG.

EOG

Energy industry group

25.83%

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

FANG

Energy industry group

4.86%

Max
53.85%
Q3
24.79%
Median
12.85%
FANG
4.86%
Q1
2.03%
Min
-29.09%
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EOG Resources (EOG) vs. Diamondback Energy (FANG): 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 Diamondback Energy (FANG) at 11.62%, 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%

FANG

Energy industry group

11.62%

Max
56.92%
Q3
22.92%
FANG
11.62%
Median
10.10%
Q1
0.07%
Min
-27.38%
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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both EOG Resources (EOG) at 40.84% and Diamondback Energy (FANG) at 44.95% 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%

FANG

Energy industry group

44.95%

Max
71.31%
FANG
44.95%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for EOG Resources (EOG) and Diamondback Energy (FANG)
MetricEOGFANG
ROE (TTM)25.83%4.86%
ROA (TTM)11.90%2.07%
Net Margin (TTM)28.06%11.62%
Operating Margin (TTM)40.84%44.95%
Gross Margin (TTM)62.98%73.62%

Growth

Revenue Growth

Diamondback Energy (FANG) at 35.44% sits in the top revenue growth quartile, while EOG Resources (EOG) at -3.40% is closer to the peer norm — faster top-line expansion for FANG.

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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their Revenue Growth across different time periods.

EPS Growth

EOG Resources (EOG) at -18.93% is around its peer norm for EPS growth, while Diamondback Energy (FANG) at -63.10% drops into the bottom quartile, signaling weaker earnings momentum.

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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for EOG Resources (EOG) and Diamondback Energy (FANG)
MetricEOGFANG
Revenue Growth (YoY)-3.40%35.44%
Revenue Growth (3Y CAGR)-8.51%15.99%
EPS Growth (YoY)-18.93%-63.10%
EPS Growth (3Y CAGR)-11.64%-38.48%

Financial Strength

Current Ratio (MRQ)

EOG Resources (EOG) at 1.90 keeps current ratio within its industry’s typical mid-range, while Diamondback Energy (FANG) at 0.55 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for FANG.

EOG

Energy industry group

1.90

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

FANG

Energy industry group

0.55

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
FANG
0.55
Min
0.24
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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both EOG Resources (EOG) at 0.25 and Diamondback Energy (FANG) at 0.29 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

EOG

Energy industry group

0.25

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

FANG

Energy industry group

0.29

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
FANG
0.29
Min
0.00
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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for EOG Resources (EOG) and Diamondback Energy (FANG)
MetricEOGFANG
Current Ratio (MRQ)1.900.55
Debt / Equity (MRQ)0.250.29
Net Debt / EBITDA0.160.99

Dividends

Dividend Yield (TTM)

Both EOG Resources (EOG) at 2.82% and Diamondback Energy (FANG) at 2.47% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

EOG

Energy industry group

2.82%

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

FANG

Energy industry group

2.47%

Max
8.57%
Q3
3.58%
FANG
2.47%
Median
1.71%
Q1
0.00%
Min
0.00%
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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

EOG Resources (EOG) at 26.34% pays out a band-typical share of earnings, while Diamondback Energy (FANG) at 57.20% distributes more than its industry norm — less retained, thinner cover.

EOG

Energy industry group

26.34%

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

FANG

Energy industry group

57.20%

Max
133.24%
FANG
57.20%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for EOG Resources (EOG) and Diamondback Energy (FANG)
MetricEOGFANG
Dividend Yield (TTM)2.82%2.47%
Dividend Payout Ratio (TTM)26.34%57.20%

Valuation

P/E Ratio (TTM)

EOG Resources (EOG) at 9.50 is near its industry’s usual P/E ratio, while Diamondback Energy (FANG) at 24.09 sits in the richer quartile — FANG needs stronger growth or earnings quality to justify the premium.

EOG

Energy industry group

9.50

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

FANG

Energy industry group

24.09

Max
39.54
FANG
24.09
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99
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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both EOG Resources (EOG) at 2.61 and Diamondback Energy (FANG) at 2.83 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

EOG

Energy industry group

2.61

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

FANG

Energy industry group

2.83

Max
5.40
Q3
2.85
FANG
2.83
Median
1.69
Q1
0.88
Min
0.00
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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both EOG Resources (EOG) at 2.31 and Diamondback Energy (FANG) at 1.28 are valued close to their industries’ norm against book — neither stands out from peers.

EOG

Energy industry group

2.31

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

FANG

Energy industry group

1.28

Max
4.21
Q3
2.38
Median
1.51
FANG
1.28
Q1
1.08
Min
0.01
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EOG Resources (EOG) vs. Diamondback Energy (FANG): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for EOG Resources (EOG) and Diamondback Energy (FANG)
MetricEOGFANG
P/E Ratio (TTM)9.5024.09
P/S Ratio (TTM)2.612.83
P/B Ratio (MRQ)2.311.28
Free Cash Flow Yield (TTM)7.29%12.09%