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EOG Resources Inc
NYSE:EOG

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EOG Resources Inc
NYSE:EOG
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Price: 133.01 USD 0.44% Market Closed
Market Cap: $71.3B

EV/EBITDA

6.5
Current
24%
More Expensive
vs 3-y average of 5.2

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
6.5
=
Enterprise Value
$81.4B
/
EBITDA
$11.7B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
6.5
=
Enterprise Value
$81.4B
/
EBITDA
$11.7B

Valuation Scenarios

EOG Resources Inc is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (5.2), the stock would be worth $106.95 (20% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-20%
Maximum Upside
+122%
Average Upside
25%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 6.5 $133.01
0%
3-Year Average 5.2 $106.95
-20%
5-Year Average 5.2 $107.74
-19%
Industry Average 7.5 $153.19
+15%
Country Average 14.4 $294.83
+122%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$81.4B
/
Jan 2026
$11.7B
=
6.5
Current
$81.4B
/
Dec 2026
$14.9B
=
5.5
Forward
$81.4B
/
Dec 2027
$14.5B
=
5.6
Forward
$81.4B
/
Dec 2028
$14.8B
=
5.5
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
US
EOG Resources Inc
NYSE:EOG
71.5B USD 6.5 14.4
CN
CNOOC Ltd
SSE:600938
1T CNY 4.8 8.4
US
Conocophillips
NYSE:COP
150.2B USD 7.3 18.8
CA
Canadian Natural Resources Ltd
TSX:CNQ
126B CAD 7.4 11.6
PK
Oil and Gas Development Co Ltd
LSE:37OC
59.6B USD 81.3 103.8
US
Diamondback Energy Inc
NASDAQ:FANG
55.2B USD 6.9 33.3
US
Hess Corp
NYSE:HES
46.1B USD 8.2 20.7
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 5.4 9.4
AU
Woodside Energy Group Ltd
ASX:WDS
58.5B AUD 5.5 14.9
US
Venture Global Inc
NYSE:VG
38.5B USD 10.1 13.5
US
EQT Corp
NYSE:EQT
36.6B USD 7.2 18

Market Distribution

Lower than 87% of companies in the United States of America
Percentile
13th
Based on 9 875 companies
13th percentile
6.5
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

EOG Resources Inc
Glance View

EOG Resources Inc., once a modest subsidiary of Enron, has evolved into one of the most formidable independent oil and gas companies in the United States. Headquartered in Houston, Texas, EOG Resources embarked on its journey of independence in 1999 after parting ways with its parent company. Since then, it has drawn attention for its strategy that emphasizes disciplined capital allocation and technological innovation. EOG primarily engages in the exploration, development, production, and marketing of crude oil and natural gas, focusing on strategically important shale plays. The company's asset base is predominantly located in key North American regions, including the Permian Basin, Eagle Ford, and Bakken, where it employs advanced drilling and production techniques to maximize productivity. What distinguishes EOG Resources is its operational philosophy of not just pursuing growth but doing so profitably. The company has consistently focused on developing its premium drilling inventory, characterized by a high return on investment and efficient cost management. EOG capitalizes on its organizational agility and technological prowess to achieve lower costs per barrel, enabling it to remain resilient even during volatile commodity market cycles. By fusing engineering excellence with financial discipline, EOG steers clear of debt-laden strategies prevalent in the industry, instead relying on a robust balance sheet and a commitment to shareholder returns. Its business model hinges on leveraging innovation in hydraulic fracturing and horizontal drilling to unlock value from mature fields, ensuring not just survival, but meaningful growth in an ever-evolving energy landscape.

EOG Intrinsic Value
115.56 USD
Overvaluation 13%
Intrinsic Value
Price $133.01
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