EOG Competitors
| EOG Stock | USD 117.80 0.42 0.36% |
EOG Resources vs Enterprise Products Correlation
Poor diversification
The correlation between EOG Resources and EPD is 0.75 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EOG Resources and EPD in the same portfolio, assuming nothing else is changed.
Moving together with EOG Stock
| 0.84 | FANG | Diamondback Energy | PairCorr |
| 0.81 | CNQ | Canadian Natural Res | PairCorr |
| 0.63 | COP | ConocoPhillips Sell-off Trend | PairCorr |
Moving against EOG Stock
At this time, EOG Resources' Return On Tangible Assets are most likely to increase slightly in the upcoming years. The EOG Resources' current Return On Assets is estimated to increase to 0.13, while Return On Capital Employed is projected to decrease to 0.09. At this time, EOG Resources' Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The EOG Resources' current Other Current Assets is estimated to increase to about 607.4 M, while Deferred Long Term Asset Charges is projected to decrease to roughly 1.8 M.EOG Resources Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between EOG Resources and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of EOG and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of EOG Resources does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between EOG Stock performing well and EOG Resources Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze EOG Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CNQ | 1.49 | 0.41 | 0.16 | 109.12 | 1.67 | 3.19 | 9.23 | |||
| ET | 0.81 | 0.18 | 0.09 | (1.57) | 0.67 | 1.69 | 4.31 | |||
| EQNR | 1.50 | 0.29 | 0.11 | 266.12 | 1.48 | 3.34 | 7.91 | |||
| KMI | 1.04 | 0.30 | 0.16 | (5.56) | 1.00 | 2.24 | 6.33 | |||
| E | 1.03 | 0.25 | 0.13 | 1.06 | 1.11 | 2.04 | 6.47 | |||
| SLB | 1.70 | 0.46 | 0.27 | 0.50 | 1.43 | 4.46 | 12.54 | |||
| FANG | 1.56 | 0.29 | 0.11 | 5.11 | 1.60 | 3.36 | 8.37 | |||
| MPLX | 0.82 | 0.18 | 0.07 | (3.59) | 0.85 | 1.74 | 4.74 | |||
| TRP | 0.96 | 0.29 | 0.21 | 3.08 | 0.65 | 2.24 | 5.93 | |||
| EPD | 0.62 | 0.22 | 0.16 | 4.88 | 0.45 | 1.65 | 5.11 |
Cross Equities Net Income Analysis
Compare EOG Resources and related stocks such as Canadian Natural Res, Energy Transfer LP, and Equinor ASA ADR Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CNQ | 34.3 M | 2.6 B | 1.9 B | 2.3 B | 3.9 B | (637 M) | (204 M) | 2.4 B | 2.6 B | 5.4 B | (435 M) | 7.7 B | 10.9 B | 8.2 B | 6.1 B | 7 B | 7.4 B |
| ET | 450.2 M | 309.8 M | 304 M | 196 M | 633 M | 1.2 B | 995 M | 954 M | 1.7 B | 3.5 B | (648 M) | 5.5 B | 4.8 B | 3.9 B | 4.8 B | 5.5 B | 5.8 B |
| EQNR | 17.6 M | 13.2 B | 12.3 B | 6.6 B | 2.9 B | (4.3 B) | (2.9 B) | 4.6 B | 7.5 B | 1.8 B | (5.5 B) | 8.6 B | 28.7 B | 11.9 B | 8.8 B | 5.1 B | 5.8 B |
| KMI | 152 M | 594.4 M | 444 M | 1.2 B | 1 B | 337 M | 708 M | 183 M | 1.6 B | 2.2 B | 180 M | 1.9 B | 2.6 B | 2.5 B | 2.6 B | 3.1 B | 3.2 B |
| E | (29.1 K) | 6.9 B | 7.8 B | 5.2 B | 1.3 B | (8.8 B) | (1.5 B) | 3.4 B | 4.1 B | 148 M | (8.6 B) | 5.8 B | 13.9 B | 4.8 B | 2.6 B | 2.4 B | 3 B |
| SLB | 351 M | 5 B | 5.5 B | 6.7 B | 5.4 B | 2.1 B | (1.7 B) | (1.5 B) | 2.1 B | (10.1 B) | (10.5 B) | 1.9 B | 3.4 B | 4.2 B | 4.5 B | 3.4 B | 3.5 B |
| FANG | (2.7 M) | (386 K) | (36.5 M) | 54.6 M | 193.8 M | (550.6 M) | (165 M) | 482 M | 846 M | 240 M | (4.5 B) | 2.2 B | 4.4 B | 3.1 B | 3.3 B | 3.8 B | 4 B |
| MPLX | 103.3 M | 134 M | 13.1 M | 77.9 M | 121.3 M | 156 M | 233 M | 794 M | 1.8 B | 1 B | (720 M) | 3.1 B | 3.9 B | 3.9 B | 4.3 B | 4.9 B | 5.2 B |
| TRP | 278.1 M | 1.6 B | 1.4 B | 1.8 B | 1.8 B | (1.1 B) | 233 M | 3.2 B | 3.7 B | 4.1 B | 4.6 B | 2 B | 748 M | 2.9 B | 4.7 B | 5.4 B | 5.7 B |
| EPD | 10.2 M | 2 B | 2.4 B | 2.6 B | 2.8 B | 2.5 B | 2.5 B | 2.8 B | 4.2 B | 4.6 B | 3.8 B | 4.6 B | 5.5 B | 5.5 B | 5.9 B | 5.8 B | 6.1 B |
EOG Resources and related stocks such as Canadian Natural Res, Energy Transfer LP, and Equinor ASA ADR Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in EOG Resources financial statement analysis. It represents the amount of money remaining after all of EOG Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.EOG Resources Competitive Analysis
The better you understand EOG Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, EOG Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across EOG Resources' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
EOG Resources Competition Performance Charts
Five steps to successful analysis of EOG Resources Competition
EOG Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by EOG Resources in relation to its competition. EOG Resources' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of EOG Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact EOG Resources' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to EOG Resources, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out EOG Resources Correlation with its peers. For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Can Oil & Gas Exploration & Production industry sustain growth momentum? Does EOG have expansion opportunities? Factors like these will boost the valuation of EOG Resources. Projected growth potential of EOG fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating EOG Resources demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.09) | Dividend Share 3.945 | Earnings Share 10.57 | Revenue Per Share | Quarterly Revenue Growth (0.02) |
Investors evaluate EOG Resources using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating EOG Resources' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause EOG Resources' market price to deviate significantly from intrinsic value.
It's important to distinguish between EOG Resources' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding EOG Resources should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, EOG Resources' market price signifies the transaction level at which participants voluntarily complete trades.