EOG Net Income From Continuing Ops vs Total Revenue Analysis

EOG Stock  USD 136.35  0.85  0.63%   
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 Net Income From Continuing Ops and its Total Revenue 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.

Net Income From Continuing Ops vs Total Revenue

Net Income From Continuing Ops vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EOG Resources Net Income From Continuing Ops account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between EOG Resources' Net Income From Continuing Ops and Total Revenue is 0.85. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Revenue 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' Net Income From Continuing Ops and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of EOG Resources are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., EOG Resources' Net Income From Continuing Ops and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts EOG Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Profit14.3B24.0B17.7B18.5B
Total Revenue19.7B29.5B23.3B24.4B

EOG Resources fundamental ratios Correlations

0.430.740.90.970.97-0.280.950.850.780.980.740.780.920.30.570.850.750.780.670.880.50.750.570.570.71
0.430.130.30.240.590.650.160.45-0.080.56-0.07-0.080.220.640.930.1-0.040.380.880.030.09-0.05-0.18-0.180.2
0.740.130.770.770.62-0.590.720.520.890.640.70.890.790.310.280.590.670.730.430.870.540.510.380.380.66
0.90.30.770.90.84-0.390.880.840.780.860.80.780.950.390.430.810.720.740.610.870.740.550.380.380.59
0.970.240.770.90.91-0.450.980.780.860.930.850.860.940.230.380.90.810.790.510.930.560.820.680.680.76
0.970.590.620.840.91-0.060.880.860.621.00.610.620.840.350.690.780.640.740.760.740.410.670.480.480.65
-0.280.65-0.59-0.39-0.45-0.06-0.49-0.08-0.79-0.1-0.63-0.79-0.440.180.44-0.44-0.58-0.260.27-0.69-0.4-0.48-0.54-0.54-0.38
0.950.160.720.880.980.88-0.490.80.850.890.80.850.930.130.330.940.840.660.460.940.480.850.730.730.66
0.850.450.520.840.780.86-0.080.80.520.850.450.520.860.270.590.750.660.460.680.690.30.520.350.350.27
0.78-0.080.890.780.860.62-0.790.850.520.650.811.00.80.120.140.740.780.670.290.970.560.710.630.630.71
0.980.560.640.860.931.0-0.10.890.850.650.660.650.860.350.660.80.660.770.730.770.440.690.50.50.67
0.74-0.070.70.80.850.61-0.630.80.450.810.660.810.790.220.030.720.670.790.210.820.770.680.590.590.77
0.78-0.080.890.780.860.62-0.790.850.521.00.650.810.80.120.140.740.780.670.290.970.560.710.630.630.71
0.920.220.790.950.940.84-0.440.930.860.80.860.790.80.260.350.890.810.710.510.910.570.70.560.560.6
0.30.640.310.390.230.350.180.130.270.120.350.220.120.260.680.02-0.020.480.770.140.48-0.15-0.1-0.10.27
0.570.930.280.430.380.690.440.330.590.140.660.030.140.350.680.220.120.410.970.220.110.1-0.01-0.010.24
0.850.10.590.810.90.78-0.440.940.750.740.80.720.740.890.020.220.820.520.340.860.470.840.750.750.57
0.75-0.040.670.720.810.64-0.580.840.660.780.660.670.780.81-0.020.120.820.480.240.850.370.660.670.670.49
0.780.380.730.740.790.74-0.260.660.460.670.770.790.670.710.480.410.520.480.530.680.670.510.360.360.89
0.670.880.430.610.510.760.270.460.680.290.730.210.290.510.770.970.340.240.530.380.330.150.040.040.32
0.880.030.870.870.930.74-0.690.940.690.970.770.820.970.910.140.220.860.850.680.380.560.770.660.660.68
0.50.090.540.740.560.41-0.40.480.30.560.440.770.560.570.480.110.470.370.670.330.560.190.110.110.56
0.75-0.050.510.550.820.67-0.480.850.520.710.690.680.710.7-0.150.10.840.660.510.150.770.190.910.910.65
0.57-0.180.380.380.680.48-0.540.730.350.630.50.590.630.56-0.1-0.010.750.670.360.040.660.110.911.00.55
0.57-0.180.380.380.680.48-0.540.730.350.630.50.590.630.56-0.1-0.010.750.670.360.040.660.110.911.00.55
0.710.20.660.590.760.65-0.380.660.270.710.670.770.710.60.270.240.570.490.890.320.680.560.650.550.55
Click cells to compare fundamentals

EOG Resources Account Relationship Matchups

EOG Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.1B35.8B38.2B41.4B43.9B46.0B
Short Long Term Debt Total5.5B6.1B5.3B5.4B4.8B3.1B
Other Current Liab252.8M377.0M728M701M487M511.4M
Total Current Liabilities4.5B3.5B4.0B5.5B4.1B4.3B
Total Stockholder Equity21.6B20.3B22.2B24.8B28.1B29.5B
Property Plant And Equipment Net30.4B28.6B28.4B29.4B32.3B33.9B
Net Debt3.5B2.8B140M(598M)(478M)(454.1M)
Retained Earnings15.6B14.2B15.9B18.5B22.6B23.8B
Accounts Payable2.4B1.5B2.2B2.5B2.4B2.6B
Cash2.0B3.3B5.2B6.0B5.3B5.5B
Non Current Assets Total31.9B29.9B29.7B30.9B33.9B35.6B
Non Currrent Assets Other1.5B1.3B1.2B1.4B1.6B1.7B
Cash And Short Term Investments2.0B3.3B5.2B6.0B5.3B5.5B
Net Receivables2.2B1.5B2.3B2.9B2.7B2.9B
Common Stock Shares Outstanding580.4M580.8M578.9M584M587M443.8M
Liabilities And Stockholders Equity37.1B35.8B38.2B41.4B43.9B46.0B
Non Current Liabilities Total11.0B12.0B12.0B11.1B11.7B6.3B
Inventory767.3M629.4M584M1.1B1.3B1.3B
Other Current Assets323.4M294.0M456M574M666M699.3M
Other Stockholder Equity5.8B5.9B6.1B6.1B5.3B5.5B
Total Liab15.5B15.5B16.1B16.6B15.8B8.1B
Total Current Assets5.3B5.9B8.6B10.5B9.9B10.4B
Short Term Debt1.4B1.4B554M1.9B684M477.2M
Property Plant And Equipment Gross30.4B28.6B28.4B29.4B77.6B81.5B
Accumulated Other Comprehensive Income(4.7M)(12.3M)(12M)(8M)(9M)(9.5M)
Common Stock Total Equity205.8M205.8M205.8M206M236.9M223.8M
Common Stock205.8M205.8M205.8M206M236.9M223.9M
Other Liab6.4B7.0B6.9B6.7B7.7B8.1B
Other Assets713.7M58.5B59.5B2.0B2.3B2.2B
Long Term Debt4.2B5.0B5.1B3.6B3.6B4.0B
Treasury Stock(42.2M)(26.5M)(6.6M)(20M)(23M)(24.2M)
Property Plant Equipment30.4B28.6B28.4B30.3B34.8B19.7B
Current Deferred Revenue421.1M423.2M954M992M1.1B1.2B
Net Tangible Assets21.6B20.3B22.2B24.8B28.5B18.1B
Retained Earnings Total Equity15.6B14.2B15.9B18.5B21.2B12.7B
Short Term Investments7.7M23.8M1.3M64.6M74.2M78.0M
Long Term Debt Total4.2B5.0B5.1B3.8B3.4B4.2B
Capital Surpluse5.8B5.9B6.1B6.2B7.1B4.3B

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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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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
12.39
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.