EOG Cash vs Common Stock Analysis
EOG Stock | USD 135.50 0.73 0.54% |
EOG Resources financial indicator trend analysis is much more than just examining EOG Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EOG Resources is a good investment. Please check the relationship between EOG Resources Cash and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.
Cash vs Common Stock
Cash vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EOG Resources Cash account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between EOG Resources' Cash and Common Stock is 0.63. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of EOG Resources, assuming nothing else is changed. The correlation between historical values of EOG Resources' Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of EOG Resources are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., EOG Resources' Cash and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of EOG Resources, which is listed under current asset account on EOG Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from EOG Resources customers. The amounts must be unrestricted with restricted cash listed in a different EOG Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock
Most indicators from EOG Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EOG Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.At this time, EOG Resources' Enterprise Value Over EBITDA is most likely to increase slightly in the upcoming years. The EOG Resources' current Enterprise Value Multiple is estimated to increase to 8.55, while Sales General And Administrative To Revenue is projected to decrease to 0.03.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 14.3B | 24.0B | 17.7B | 18.5B | Total Revenue | 19.7B | 29.5B | 23.3B | 24.4B |
EOG Resources fundamental ratios Correlations
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EOG Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EOG Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.1B | 35.8B | 38.2B | 41.4B | 43.9B | 46.0B | |
Short Long Term Debt Total | 5.5B | 6.1B | 5.3B | 5.4B | 4.8B | 3.1B | |
Other Current Liab | 252.8M | 377.0M | 728M | 701M | 487M | 511.4M | |
Total Current Liabilities | 4.5B | 3.5B | 4.0B | 5.5B | 4.1B | 4.3B | |
Total Stockholder Equity | 21.6B | 20.3B | 22.2B | 24.8B | 28.1B | 29.5B | |
Property Plant And Equipment Net | 30.4B | 28.6B | 28.4B | 29.4B | 32.3B | 33.9B | |
Net Debt | 3.5B | 2.8B | 140M | (598M) | (478M) | (454.1M) | |
Retained Earnings | 15.6B | 14.2B | 15.9B | 18.5B | 22.6B | 23.8B | |
Accounts Payable | 2.4B | 1.5B | 2.2B | 2.5B | 2.4B | 2.6B | |
Cash | 2.0B | 3.3B | 5.2B | 6.0B | 5.3B | 5.5B | |
Non Current Assets Total | 31.9B | 29.9B | 29.7B | 30.9B | 33.9B | 35.6B | |
Non Currrent Assets Other | 1.5B | 1.3B | 1.2B | 1.4B | 1.6B | 1.7B | |
Cash And Short Term Investments | 2.0B | 3.3B | 5.2B | 6.0B | 5.3B | 5.5B | |
Net Receivables | 2.2B | 1.5B | 2.3B | 2.9B | 2.7B | 2.9B | |
Common Stock Shares Outstanding | 580.4M | 580.8M | 578.9M | 584M | 587M | 443.8M | |
Liabilities And Stockholders Equity | 37.1B | 35.8B | 38.2B | 41.4B | 43.9B | 46.0B | |
Non Current Liabilities Total | 11.0B | 12.0B | 12.0B | 11.1B | 11.7B | 6.3B | |
Inventory | 767.3M | 629.4M | 584M | 1.1B | 1.3B | 1.3B | |
Other Current Assets | 323.4M | 294.0M | 456M | 574M | 666M | 699.3M | |
Other Stockholder Equity | 5.8B | 5.9B | 6.1B | 6.1B | 5.3B | 5.5B | |
Total Liab | 15.5B | 15.5B | 16.1B | 16.6B | 15.8B | 8.1B | |
Total Current Assets | 5.3B | 5.9B | 8.6B | 10.5B | 9.9B | 10.4B | |
Short Term Debt | 1.4B | 1.4B | 554M | 1.9B | 684M | 477.2M | |
Property Plant And Equipment Gross | 30.4B | 28.6B | 28.4B | 29.4B | 77.6B | 81.5B | |
Accumulated Other Comprehensive Income | (4.7M) | (12.3M) | (12M) | (8M) | (9M) | (9.5M) | |
Common Stock Total Equity | 205.8M | 205.8M | 205.8M | 206M | 236.9M | 223.8M | |
Common Stock | 205.8M | 205.8M | 205.8M | 206M | 236.9M | 223.9M | |
Other Liab | 6.4B | 7.0B | 6.9B | 6.7B | 7.7B | 8.1B | |
Other Assets | 713.7M | 58.5B | 59.5B | 2.0B | 2.3B | 2.2B | |
Long Term Debt | 4.2B | 5.0B | 5.1B | 3.6B | 3.6B | 4.0B | |
Treasury Stock | (42.2M) | (26.5M) | (6.6M) | (20M) | (23M) | (24.2M) | |
Property Plant Equipment | 30.4B | 28.6B | 28.4B | 30.3B | 34.8B | 19.7B | |
Current Deferred Revenue | 421.1M | 423.2M | 954M | 992M | 1.1B | 1.2B | |
Net Tangible Assets | 21.6B | 20.3B | 22.2B | 24.8B | 28.5B | 18.1B | |
Retained Earnings Total Equity | 15.6B | 14.2B | 15.9B | 18.5B | 21.2B | 12.7B | |
Short Term Investments | 7.7M | 23.8M | 1.3M | 64.6M | 74.2M | 78.0M | |
Long Term Debt Total | 4.2B | 5.0B | 5.1B | 3.8B | 3.4B | 4.2B | |
Capital Surpluse | 5.8B | 5.9B | 6.1B | 6.2B | 7.1B | 4.3B |
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When determining whether EOG Resources is a strong investment it is important to analyze EOG Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EOG Resources' future performance. For an informed investment choice regarding EOG Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. 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..
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EOG Resources. If investors know EOG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EOG Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Dividend Share 3.64 | Earnings Share 12.38 | Revenue Per Share 41.72 | Quarterly Revenue Growth (0.04) |
The market value of EOG Resources is measured differently than its book value, which is the value of EOG that is recorded on the company's balance sheet. Investors also form their own opinion of EOG Resources' value that differs from its market value or its book value, called intrinsic value, which is EOG Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EOG Resources' market value can be influenced by many factors that don't directly affect EOG Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EOG Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if EOG Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EOG Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.