EN DE

EOG Resources, Inc (EOG) Fair Value & Analysis

Energy · US · Market cap $74.5B

ER EOG Resources, Inc logo EOG Resources, Inc EOG · US
Price$136.20
Fair Value$130.19
Upside-4.4%
Quality66/100
Watch EOG Resources, Inc for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Highly profitable · 23.3% net margin
Low debt · generates free cash flow
2.94% dividend yield
Ranks above peers (9/15)
Wide moat 77/100
Evidence: High Range $95.29 – $211.26 Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated 18 days ago

Share price +2.0% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range ($95.29 to $211.26) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$148.69 $50.75 Fair Value $130.19 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range $50.75 – $148.69 · fair‑value band $95.29 – $211.26 · the $136.20 price screens above the $130.19 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

EOG Resources, Inc (EOG) currently trades at $136.20, while our model-based Fair Value estimate is $130.19, implying the stock looks roughly 4.4% fairly valued today. We read business quality at 66/100 (solid quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, EOG Resources, Inc generated revenue of $23.6B at a net margin of 23.3%. Revenue grew 15.6% year over year. It earns a return on equity of 18.2%. Net debt stands at $5.0B. Fundamentals as of Jul 20, 2026

Our scenario range runs from $95.29 (bear case) to $211.26 (bull case); at $136.20, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 36% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at -26% fair-value upside, at -4%, EOG screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $90.38 $173.17 $319.19 80
Residual Income $61.39 $79.01 $221.34 76
Rev-Margin DCF $74.23 $137.93 $223.90 74
All 26 models by family
DCF Models
FCF DCF $92.19 $185.77 $357.67 38
Owner Earnings $76.77 $155.99 $301.51 31
5Y Revenue Exit $74.23 $139.94 $231.08 39
5Y EBITDA Exit $169.70 $344.84 $574.22 41
5Y P/E Exit $113.61 $224.47 $356.19 38
10Y Revenue Exit $76.69 $142.48 $247.84 36
10Y EBITDA Exit $143.73 $296.15 $546.64 37
10Y P/E Exit $105.92 $205.87 $356.78 35
Earnings-Based
Graham-Dodd $63.58 $336.61 $466.07 54
Lynch FV $92.68 $132.39 $172.11 50
PEG = 1.0 $92.68 $132.39 $172.11 46
EPV $109.20 $128.79 $145.93 59
Dividend Discount
Gordon GGM $37.25 $77.46 $122.88 70
DDM Multi-Stage $37.25 $65.31 $81.29 61
Multiples
P/E Multiple $140.25 $187.00 $233.75 63
P/S Multiple $79.44 $105.92 $132.40 58
P/B Multiple $119.21 $158.95 $198.68 55
EV/EBIT $192.72 $259.72 $326.73 53
EV/EBITDA $218.54 $294.15 $369.77 54
EV/Revenue $65.84 $97.62 $129.40 43
Asset-Based
NCAV (Graham) $28.01 $37.53 $56.01 50
Growth DCF
Growth DCF $90.38 $173.17 $319.19 80
Rev-Margin DCF $74.23 $137.93 $223.90 74
Economic Profit
Residual Income $61.39 $79.01 $221.34 76
ROIC Compounder $128.44 $181.16 $252.11 72
Growth Earnings
Growth-Adj P/E $133.91 $191.31 $248.70 68

Widest divergence: Growth Earnings ($191.31) versus Asset-Based ($37.53). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $23.6B
Revenue growth (YoY) +15.6%
Net margin 23.3%
Return on equity 18.2%
Free cash flow $3.9B FY2025
P/E ratio 13.8
More key figures
Operating margin 37.9%
EPS (TTM) $10.17
Dividend yield 2.9%
EPS growth (YoY) +39.6%
Net debt $5.0B FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 63 · Market factors (momentum, volatility) 67

Profitability 59
Margins and returns on capital today
Quality Growth 11
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 43
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 65
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing.

Full company description

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

EOG Resources, Inc reported revenue of $22.6B in FY2025 versus $19.7B in FY2021, a compound +3.5%/yr. Reported net income was $5.0B in FY2025, compounding +1.7%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$22.6B
Latest YoY
−3.5%
Avg. growth/yr (3Y)
−8.5%
Avg. growth/yr (5Y)
+18.0%
Avg. growth/yr (36Y)
+12.9%
Revenue +3.5%/yr
FY21 $19.7B
FY22 $29.5B
FY23 $23.2B
FY24 $23.4B
FY25 $22.6B
Net income +1.7%/yr
FY21 $4.7B
FY22 $7.8B
FY23 $7.6B
FY24 $6.4B
FY25 $5.0B

Watch EOG: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "EOG Resources, Inc Fair Value". https://www.fairvalue-calculator.com/stock/EOG

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Oil & Gas E&P · 316 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 66 · Top 25%
Fair Value upside −4% · Above median
Return on equity (TTM) 18% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 23% · Top 25%
Operating margin (TTM) 38% · Top 25%
Revenue growth 16% · Above median
Dividend yield (TTM) 2.9% · Below median
Debt / equity 0.26× · Lower than median

Valuation Multiples vs Oil & Gas E&P median · lower = cheaper

P/E (TTM) 13.8× · Cheaper than median
P/B 2.50× · Pricier than 75% of peers
P/S (TTM) 3.16× · Pricier than median
P/FCF 19.0× · Pricier than 75% of peers
EV/EBITDA 6.3× · Pricier than median
PEG 1.12× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 27 · sector 15
FUTURE 78 · sector 0
PAST 73 · sector 0
HEALTH 87 · sector 87
DIVIDEND 59 · sector 71

Insider activity: 44/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Oil & Gas E&P stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
CNOOC Limited 600938 ¥28.97 ¥32.55 +12%
ConocoPhillips explores for, COP $109.04 $91.79 -16%
Canadian Natural Resources Limited CNQ $42.86 $31.54 -26%
Occidental Petroleum Corporation OXY $54.86 $30.68 -44%
Diamondback Energy, Inc FANG $183.39 $106.12 -42%
Devon Energy Corporation DVN $43.83 $27.06 -38%
Woodside Energy Group WDS A$30.46 A$20.71 -32%
EQT Corporation EQT $48.85 $42.85 -12%
Texas Pacific Land Corporation TPL $415.70 $79.20 -81%
Expand Energy Corporation EXE $87.81 $106.45 +21%

Compare EOG Resources, Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Energy stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is EOG Resources, Inc (EOG) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of $130.19 versus a price of $136.20, about −4% (fairly valued).
What is the fair value of EOG?
Our model-based fair value for EOG Resources, Inc is $130.19 (as of Jul 20, 2026), built from audited fundamentals. The current price is $136.20.
What is the quality score of EOG?
EOG Resources, Inc has a Quality Score of 66/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of EOG Resources, Inc (EOG)?
EOG Resources, Inc reported trailing-twelve-month revenue of about $23.6B (latest available figure, as of Jul 20, 2026).
What is the net profit margin of EOG?
The net profit margin of EOG Resources, Inc is about 23.3%, meaning it keeps roughly 23.3% of revenue as net income. Based on the latest reported figures.
Does EOG Resources, Inc pay a dividend?
EOG Resources, Inc currently shows a dividend yield of about 2.85% relative to its recent price (as of Jul 20, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track EOG Resources, Inc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.