EOG Resources Net Worth
EOG Resources Net Worth Breakdown | EOG |
EOG Resources Net Worth Analysis
EOG Resources' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including EOG Resources' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of EOG Resources' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform EOG Resources' net worth analysis. One common approach is to calculate EOG Resources' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares EOG Resources' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing EOG Resources' net worth. This approach calculates the present value of EOG Resources' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of EOG Resources' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate EOG Resources' net worth. This involves comparing EOG Resources' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into EOG Resources' net worth relative to its peers.
Enterprise Value |
|
To determine if EOG Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding EOG Resources' net worth research are outlined below:
| EOG Resources is unlikely to experience financial distress in the next 2 years | |
| EOG Resources has a strong financial position based on the latest SEC filings | |
| Over 93.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Piper Sandler Adjusts EOG Resources Price Target to 141 From 140, Maintains Neutral Rating - Marketscreener.com |
EOG Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in EOG Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to EOG Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
EOG Resources Target Price Consensus
EOG target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. EOG Resources' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 32 | Buy |
Most EOG analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand EOG stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of EOG Resources, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationEOG Resources Target Price Projection
EOG Resources' current and average target prices are 129.78 and 145.20, respectively. The current price of EOG Resources is the price at which EOG Resources is currently trading. On the other hand, EOG Resources' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
EOG Resources Market Quote on 30th of January 2025
Target Price
Analyst Consensus On EOG Resources Target Price
Know EOG Resources' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as EOG Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading EOG Resources backward and forwards among themselves. EOG Resources' institutional investor refers to the entity that pools money to purchase EOG Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 8.2 M | Harris Associates L.p. | 2024-09-30 | 7 M | Massachusetts Financial Services Company | 2024-09-30 | 5.7 M | Northern Trust Corp | 2024-09-30 | 5.6 M | Alliancebernstein L.p. | 2024-09-30 | 5.3 M | Franklin Resources Inc | 2024-09-30 | 5.3 M | Bank Of America Corp | 2024-09-30 | 5.2 M | Bank Of New York Mellon Corp | 2024-09-30 | 5.2 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 4.8 M | Vanguard Group Inc | 2024-09-30 | 53.8 M | Capital World Investors | 2024-09-30 | 43.6 M |
Follow EOG Resources' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 73.25 B.Market Cap |
|
Project EOG Resources' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.17 | 0.16 | |
| Return On Capital Employed | 0.22 | 0.23 | |
| Return On Assets | 0.17 | 0.16 | |
| Return On Equity | 0.31 | 0.33 |
When accessing EOG Resources' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures EOG Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of EOG Resources' profitability and make more informed investment decisions.
Evaluate EOG Resources' management efficiency
EOG Resources has Return on Asset of 0.1255 % which means that on every $100 spent on assets, it made $0.1255 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2491 %, implying that it generated $0.2491 on every 100 dollars invested. EOG Resources' management efficiency ratios could be used to measure how well EOG Resources manages its routine affairs as well as how well it operates its assets and liabilities. At this time, EOG Resources' Return On Capital Employed is most likely to increase slightly in the upcoming years. The EOG Resources' current Return On Equity is estimated to increase to 0.33, while Return On Tangible Assets are projected to decrease to 0.16. 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 804.2 M, while Net Tangible Assets are projected to decrease to roughly 18.1 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 43.51 | 45.69 | |
| Tangible Book Value Per Share | 43.51 | 45.69 | |
| Enterprise Value Over EBITDA | 5.97 | 8.55 | |
| Price Book Value Ratio | 2.88 | 3.04 | |
| Enterprise Value Multiple | 5.97 | 8.55 | |
| Price Fair Value | 2.88 | 3.04 | |
| Enterprise Value | 3.4 B | 2.5 B |
The management team at EOG Resources has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Enterprise Value Revenue 2.999 | Revenue | Quarterly Revenue Growth (0.04) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific EOG Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on EOG Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases EOG Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
EOG Resources Corporate Filings
8K | 13th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 3rd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
ASR | 20th of December 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
| 18th of November 2024 Other Reports | ViewVerify |
EOG Resources Earnings Estimation Breakdown
The calculation of EOG Resources' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of EOG Resources is estimated to be 2.8799 with the future projection ranging from a low of 2.744 to a high of 3.04. Please be aware that this consensus of annual earnings estimates for EOG Resources is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
2.74 Lowest | Expected EPS | 3.04 Highest |
EOG Resources Earnings Projection Consensus
Suppose the current estimates of EOG Resources' value are higher than the current market price of the EOG Resources stock. In this case, investors may conclude that EOG Resources is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and EOG Resources' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
| 33 | 95.21% | 2.89 | 2.8799 | 12.39 |
EOG Resources Earnings History
Earnings estimate consensus by EOG Resources analysts from Wall Street is used by the market to judge EOG Resources' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only EOG Resources' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.EOG Resources Quarterly Gross Profit |
|
EOG Resources Earnings per Share Projection vs Actual
Actual Earning per Share of EOG Resources refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering EOG Resources predict the company's earnings will be in the future. The higher the earnings per share of EOG Resources, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.EOG Resources Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as EOG Resources, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of EOG Resources should always be considered in relation to other companies to make a more educated investment decision.EOG Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact EOG Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-07 | 2024-09-30 | 2.77 | 2.89 | 0.12 | 4 | ||
2024-08-01 | 2024-06-30 | 2.96 | 3.16 | 0.2 | 6 | ||
2024-05-02 | 2024-03-31 | 2.71 | 2.82 | 0.11 | 4 | ||
2024-02-22 | 2023-12-31 | 3.07 | 3.07 | 0.0 | 0 | ||
2023-11-02 | 2023-09-30 | 3.02 | 3.44 | 0.42 | 13 | ||
2023-08-03 | 2023-06-30 | 2.32 | 2.49 | 0.17 | 7 | ||
2023-05-04 | 2023-03-31 | 2.48 | 2.69 | 0.21 | 8 | ||
2023-02-23 | 2022-12-31 | 3.37 | 3.3 | -0.07 | 2 | ||
2022-11-03 | 2022-09-30 | 3.73 | 3.71 | -0.02 | 0 | ||
2022-08-04 | 2022-06-30 | 2.63 | 2.74 | 0.11 | 4 | ||
2022-05-05 | 2022-03-31 | 3.72 | 4.0 | 0.28 | 7 | ||
2022-02-24 | 2021-12-31 | 3.19 | 3.09 | -0.1 | 3 | ||
2021-11-04 | 2021-09-30 | 2.04 | 2.16 | 0.12 | 5 | ||
2021-08-04 | 2021-06-30 | 1.56 | 1.73 | 0.17 | 10 | ||
2021-05-06 | 2021-03-31 | 1.48 | 1.62 | 0.14 | 9 | ||
2021-02-25 | 2020-12-31 | 0.35 | 0.71 | 0.36 | 102 | ||
2020-11-05 | 2020-09-30 | 0.19 | 0.43 | 0.24 | 126 | ||
2020-08-06 | 2020-06-30 | -0.05 | -0.23 | -0.18 | 360 | ||
2020-05-07 | 2020-03-31 | 0.66 | 0.55 | -0.11 | 16 | ||
2020-02-27 | 2019-12-31 | 1.15 | 1.35 | 0.2 | 17 | ||
2019-11-06 | 2019-09-30 | 1.13 | 1.13 | 0.0 | 0 | ||
2019-08-01 | 2019-06-30 | 1.32 | 1.31 | -0.01 | 0 | ||
2019-05-02 | 2019-03-31 | 1.02 | 1.19 | 0.17 | 16 | ||
2019-02-26 | 2018-12-31 | 1.34 | 1.24 | -0.1 | 7 | ||
2018-11-01 | 2018-09-30 | 1.52 | 1.75 | 0.23 | 15 | ||
2018-08-02 | 2018-06-30 | 1.23 | 1.37 | 0.14 | 11 | ||
2018-05-03 | 2018-03-31 | 1.01 | 1.19 | 0.18 | 17 | ||
2018-02-27 | 2017-12-31 | 0.53 | 0.69 | 0.16 | 30 | ||
2017-11-02 | 2017-09-30 | 0.1 | 0.19 | 0.09 | 90 | ||
2017-08-01 | 2017-06-30 | 0.11 | 0.08 | -0.03 | 27 | ||
2017-05-08 | 2017-03-31 | 0.15 | 0.15 | 0.0 | 0 | ||
2017-02-27 | 2016-12-31 | -0.14 | -0.01 | 0.13 | 92 | ||
2016-11-03 | 2016-09-30 | -0.31 | -0.4 | -0.09 | 29 | ||
2016-08-04 | 2016-06-30 | -0.48 | -0.38 | 0.1 | 20 | ||
2016-05-05 | 2016-03-31 | -0.84 | -0.83 | 0.01 | 1 | ||
2016-02-25 | 2015-12-31 | -0.31 | -0.27 | 0.04 | 12 | ||
2015-11-05 | 2015-09-30 | -0.3 | 0.02 | 0.32 | 106 | ||
2015-08-06 | 2015-06-30 | 0.1 | 0.28 | 0.18 | 180 | ||
2015-02-18 | 2014-12-31 | 1.02 | 0.79 | -0.23 | 22 | ||
2014-11-04 | 2014-09-30 | 1.3 | 1.31 | 0.01 | 0 | ||
2014-08-05 | 2014-06-30 | 1.37 | 1.45 | 0.08 | 5 | ||
2014-05-05 | 2014-03-31 | 1.2 | 1.4 | 0.2 | 16 | ||
2014-02-24 | 2013-12-31 | 0.97 | 1.0 | 0.03 | 3 | ||
2013-11-06 | 2013-09-30 | 1.03 | 1.16 | 0.13 | 12 | ||
2013-08-06 | 2013-06-30 | 0.87 | 1.05 | 0.18 | 20 | ||
2013-05-06 | 2013-03-31 | 0.59 | 0.9 | 0.31 | 52 | ||
2013-02-13 | 2012-12-31 | 0.68 | 0.81 | 0.13 | 19 | ||
2012-11-05 | 2012-09-30 | 0.56 | 0.87 | 0.31 | 55 | ||
2012-08-02 | 2012-06-30 | 0.45 | 0.58 | 0.13 | 28 | ||
2012-05-08 | 2012-03-31 | 0.58 | 0.59 | 0.01 | 1 | ||
2012-02-16 | 2011-12-31 | 0.44 | 0.57 | 0.13 | 29 | ||
2011-11-01 | 2011-09-30 | 0.39 | 0.42 | 0.03 | 7 | ||
2011-08-04 | 2011-06-30 | 0.4 | 0.56 | 0.16 | 40 | ||
2011-05-05 | 2011-03-31 | 0.27 | 0.34 | 0.07 | 25 | ||
2011-02-17 | 2010-12-31 | 0.13 | 0.18 | 0.05 | 38 | ||
2010-11-02 | 2010-09-30 | 0.09 | 0.09 | 0.0 | 0 | ||
2010-08-05 | 2010-06-30 | 0.12 | 0.09 | -0.03 | 25 | ||
2010-05-03 | 2010-03-31 | 0.26 | 0.23 | -0.03 | 11 | ||
2010-02-09 | 2009-12-31 | 0.49 | 0.46 | -0.03 | 6 | ||
2009-11-05 | 2009-09-30 | 0.33 | 0.41 | 0.08 | 24 | ||
2009-08-06 | 2009-06-30 | 0.21 | 0.37 | 0.16 | 76 | ||
2009-05-04 | 2009-03-31 | 0.3 | 0.27 | -0.03 | 10 | ||
2009-02-04 | 2008-12-31 | 0.52 | 0.37 | -0.15 | 28 | ||
2008-11-03 | 2008-09-30 | 1.12 | 1.17 | 0.05 | 4 | ||
2008-07-29 | 2008-06-30 | 1.19 | 1.26 | 0.07 | 5 | ||
2008-05-01 | 2008-03-31 | 0.82 | 0.95 | 0.13 | 15 | ||
2008-02-07 | 2007-12-31 | 0.55 | 0.65 | 0.1 | 18 | ||
2007-10-29 | 2007-09-30 | 0.4 | 0.4 | 0.0 | 0 | ||
2007-08-02 | 2007-06-30 | 0.52 | 0.59 | 0.07 | 13 | ||
2007-04-30 | 2007-03-31 | 0.51 | 0.56 | 0.05 | 9 | ||
2007-02-01 | 2006-12-31 | 0.49 | 0.51 | 0.02 | 4 | ||
2006-10-30 | 2006-09-30 | 0.53 | 0.56 | 0.03 | 5 | ||
2006-07-31 | 2006-06-30 | 0.53 | 0.58 | 0.05 | 9 | ||
2006-05-04 | 2006-03-31 | 0.62 | 0.77 | 0.15 | 24 | ||
2006-02-01 | 2005-12-31 | 0.93 | 0.99 | 0.06 | 6 | ||
2005-11-01 | 2005-09-30 | 0.69 | 0.7 | 0.01 | 1 | ||
2005-07-26 | 2005-06-30 | 0.44 | 0.49 | 0.05 | 11 | ||
2005-04-26 | 2005-03-31 | 0.4 | 0.43 | 0.03 | 7 | ||
2005-02-02 | 2004-12-31 | 0.37 | 0.4 | 0.03 | 8 | ||
2004-10-26 | 2004-09-30 | 0.26 | 0.28 | 0.02 | 7 | ||
2004-08-02 | 2004-06-30 | 0.25 | 0.26 | 0.01 | 4 | ||
2004-05-02 | 2004-03-31 | 0.22 | 0.27 | 0.05 | 22 | ||
2004-02-04 | 2003-12-31 | 0.15 | 0.18 | 0.03 | 20 | ||
2003-11-03 | 2003-09-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2003-08-05 | 2003-06-30 | 0.21 | 0.24 | 0.03 | 14 | ||
2003-05-04 | 2003-03-31 | 0.3 | 0.31 | 0.01 | 3 | ||
2003-02-03 | 2002-12-31 | 0.08 | 0.08 | 0.0 | 0 | ||
2002-10-21 | 2002-09-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2002-08-12 | 2002-06-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2002-04-29 | 2002-03-31 | -0.01 | 0.01 | 0.02 | 200 | ||
2001-10-23 | 2001-09-30 | 0.09 | 0.11 | 0.02 | 22 | ||
2001-07-30 | 2001-06-30 | 0.23 | 0.24 | 0.01 | 4 | ||
2001-04-23 | 2001-03-31 | 0.41 | 0.45 | 0.04 | 9 | ||
2001-02-07 | 2000-12-31 | 0.26 | 0.33 | 0.07 | 26 | ||
2000-10-17 | 2000-09-30 | 0.11 | 0.24 | 0.13 | 118 | ||
2000-07-25 | 2000-06-30 | 0.15 | 0.16 | 0.01 | 6 | ||
2000-04-19 | 2000-03-31 | 0.06 | 0.08 | 0.02 | 33 | ||
2000-02-09 | 1999-12-31 | 0.06 | 0.06 | 0.0 | 0 | ||
1999-10-19 | 1999-09-30 | 0.05 | 0.07 | 0.02 | 40 | ||
1999-07-12 | 1999-06-30 | 0.02 | 0.02 | 0.0 | 0 | ||
1999-01-18 | 1998-12-31 | 0.01 | 0.02 | 0.01 | 100 | ||
1998-10-12 | 1998-09-30 | 0.01 | 0.01 | 0.0 | 0 | ||
1998-07-13 | 1998-06-30 | 0.02 | 0.02 | 0.0 | 0 | ||
1998-04-13 | 1998-03-31 | 0.04 | 0.04 | 0.0 | 0 | ||
1998-01-15 | 1997-12-31 | 0.07 | 0.07 | 0.0 | 0 | ||
1997-10-17 | 1997-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
1997-07-14 | 1997-06-30 | 0.03 | 0.04 | 0.01 | 33 | ||
1997-04-10 | 1997-03-31 | 0.05 | 0.04 | -0.01 | 20 | ||
1997-01-20 | 1996-12-31 | 0.06 | 0.06 | 0.0 | 0 | ||
1996-10-10 | 1996-09-30 | 0.06 | 0.05 | -0.01 | 16 | ||
1996-07-11 | 1996-06-30 | 0.06 | 0.06 | 0.0 | 0 | ||
1996-04-11 | 1996-03-31 | 0.04 | 0.04 | 0.0 | 0 |
EOG Resources Corporate Directors
| Janet Clark | Independent Director | Profile | |
| Robert Daniels | Independent Director | Profile | |
| Julie Robertson | Independent Director | Profile | |
| Donald Textor | Presiding Independent Director | Profile |
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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 | 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.