Added to YB: 2024-01-17
Pitch date: 2024-01-16
EOG [bullish]
EOG Resources, Inc.
+3.26%
current return
Author Info
No bio for this author
Company Info
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.
Market Cap
$59.5B
Pitch Price
$104.60
Price Target
N/A
Dividend
3.72%
EV/EBITDA
4.99
P/E
10.92
EV/Sales
2.83
Sector
Oil, Gas and Consumable Fuels
Category
growth
EOG Resources: Continued Growth And The Utica Shale
$EOG: Strong US oil producer, $68B mcap @ $116.05/sh. Permian & Utica focused. Solid Q3 bal sheet: assets $43.6B, debt $15.9B (36.4%). $11.7B TTM OCF, $6B capex = $5.7B FCF. 60% FCF returned via divs (+10% to $0.91) & buybacks. '23 prod +8% to 982 MBOeD. Buy for stable growth & wealth preservation.
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