EOG

Why Are People Talking About Investing in EOG?

More and more people are talking about EOG Resources over the last few weeks. Is it worth buying the Oil & Gas Drilling stock at a price of $122.31? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • EOG Resources has moved 16.0% over the last year, and the S&P 500 logged a change of 19.0%

  • EOG has an average analyst rating of buy and is -16.57% away from its mean target price of $146.59 per share

  • Its trailing earnings per share (EPS) is $14.85

  • EOG Resources has a trailing 12 month Price to Earnings (P/E) ratio of 8.2 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $12.8 and its forward P/E ratio is 9.6

  • The company has a Price to Book (P/B) ratio of 2.71 in contrast to the S&P 500's average ratio of 2.95

  • EOG Resources is part of the Energy sector, which has an average P/E ratio of 7.54 and an average P/B of 1.68

  • EOG has reported YOY quarterly earnings growth of -30.2% and gross profit margins of 0.6%

  • The company has a free cash flow of $4.98 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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