EOG Competitors

Stocks . Brazil . 
Stock . EOG Resources
E1OG34 Stock  BRL 378.86  8.02  2.07%   
EOG Resources competes with ConocoPhillips, Occidental Petroleum, Devon Energy, and H1ES34; as well as few others. The company operates under Energy sector and is part of Oil & Gas E&P industry. Analyzing EOG Resources competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of EOG Resources to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out EOG Resources Correlation with its peers.
For information on how to trade EOG Stock refer to our How to Trade EOG Stock guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of EOG Resources competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
376.85378.86380.87
Details
Intrinsic
Valuation
LowRealHigh
340.97433.96435.97
Details
Naive
Forecast
LowNextHigh
361.67363.68365.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
373.55389.37405.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EOG Resources. Your research has to be compared to or analyzed against EOG Resources' peers to derive any actionable benefits. When done correctly, EOG Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in EOG Resources.

EOG Resources Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between EOG Resources and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of EOG and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of EOG Resources does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
A1PA34
+ 0.59
D1VN34
OXYP34
+ 0.55
COPH34
A1PA34
+ 0.55
OXYP34
E1OG34
+ 0.51
COPH34
PRIO3
+ 0.5
A1PA34
D1VN34
+ 0.4
OXYP34
  
High negative correlations   
H1ES34
- 0.71
D1VN34
PRIO3
- 0.65
E1OG34
PRIO3
- 0.54
COPH34
A1PA34
- 0.32
H1ES34
RECV3
- 0.27
H1ES34
RECV3
- 0.21
E1OG34

Risk-Adjusted Indicators

There is a big difference between EOG Stock performing well and EOG Resources Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze EOG Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

EOG Resources Competitive Analysis

The better you understand EOG Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, EOG Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across EOG Resources' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
E1OG34 COPH34 OXYP34 D1VN34 H1ES34 A1PA34 PRIO3 RECV3
 2.07 
 378.86 
EOG
 4.32 
 48.68 
ConocoPhillips
 0.83 
 48.08 
Occidental
 0.92 
 194.40 
Devon
 0.28 
 379.24 
H1ES34
 2.15 
 124.54 
APA
 1.49 
 40.27 
Petro
 1.08 
 15.87 
Petroreconcavo
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Market Performance
(90 Days Performance)
OK
Very Weak
Very Weak
Very Weak
OK
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Sell
Strong Sell
Strong Sell
Strong Hold
Strong Sell
Sell
Hold
Current Ratio
1.73 X
2.11 X
1.34 X
1.00 X
1.57 X
1.66 X
8.20 X
2.31 X
Net Asset
38.24 B
93.83 B
75.04 B
N/A
N/A
13.3 B
12.22 B
4.72 B
Profit Margin
0.26 %
0.23 %
0.36 %
0.34 %
(2.77) %
0.33 %
0.47 %
0.33 %
EBITDA
9.76 B
36.79 B
13.77 B
10.38 B
3.01 B
3.66 B
2.64 B
562.67 M
Operating Margin
0.33 %
0.34 %
0.37 %
0.43 %
15.97 %
0.47 %
0.59 %
0.42 %
Current Valuation
391.98 B
750.81 B
467.6 B
244.93 B
65.69 B
105.72 B
27.96 B
7.18 B
Price To Book
3.10 X
2.81 X
3.05 X
3.69 X
13.74 X
24.08 X
3.04 X
2.29 X
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
(3.02 B)
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
749 M
N/A
Beta
1.52
1.29
1.8
2.39
2.22
3.54
1.53
N/A
Number Of Employees
2.8 K
9.5 K
11.68 K
1.6 K
1.62 K
2.25 K
12
4
Shares Outstanding
1.17 B
14.69 B
5.45 B
653.7 M
616.84 M
321.51 M
848.47 M
292.89 M
Cash Flow From Operations
8.79 B
28.31 B
10.43 B
2.53 B
2 B
3.5 B
2.18 B
638.9 M
Annual Yield
0.03 %
0.02 %
0.01 %
0.08 %
N/A
0.02 %
N/A
0.03 %
Total Debt
4.86 B
16.23 B
28.93 B
6.79 B
8.94 B
7.29 B
3.79 B
461.95 M
Return On Equity
0.33
0.4
0.54
0.63
2.0
0.37
0.45
0.3
Z Score
51.0
27.0
6.0
19.2
10.2
5.4
5.4
11.4
Return On Asset
0.15
0.18
0.11
0.23
3.0
0.23
0.17
0.13
Book Value Per Share
20.31 X
9.81 X
10.44 X
16.62 X
18.32 X
1.85 X
10.95 X
12.56 X
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
125 M
N/A
Total Asset
38.24 B
93.83 B
75.04 B
N/A
N/A
13.3 B
12.22 B
4.72 B
Debt To Equity
0.26 %
0.45 %
2.11 %
0.80 %
1.37 %
N/A
0.81 %
0.44 %
Last Dividend Paid
3.0
4.49
0.4
4.66
1.97
0.63
N/A
0.16
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
44.78
37.71
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
48.00 %
61.69 %
Market Capitalization
417.01 B
732.54 B
307.27 B
221.56 B
155.29 B
72.65 B
35.24 B
8.94 B
Price To Earning
486.40 X
77.40 X
113.82 X
N/A
N/A
N/A
11.64 X
33.59 X
Price To Earnings To Growth
2.55 X
0.45 X
N/A
0.48 X
N/A
0.17 X
13.68 X
N/A
Price To Sales
13.55 X
9.68 X
8.36 X
11.38 X
26.73 X
7.07 X
4.23 X
3.39 X
Net Income
4.66 B
18.68 B
2.32 B
279 M
(161 M)
973 M
1.33 B
176.9 M
Earnings Per Share
33.71 X
6.43 X
10.87 X
50.64 X
(6.65) X
55.94 X
4.00 X
3.15 X
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
14.53 %
28.94 %
Revenue
19.67 B
78.49 B
25.96 B
18.78 B
5.81 B
7.99 B
4.4 B
1.04 B
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
624 M
N/A
Cash And Equivalents
3.88 B
10.66 B
4.57 B
1.35 B
2.43 B
1.25 B
6.56 B
202.98 M
Cash Per Share
3.32 X
1.99 X
2.45 X
1.99 X
7.90 X
3.30 X
7.78 X
4.88 X
Gross Profit
13.03 B
39.6 B
16.3 B
7.41 B
3.66 B
5.08 B
2.47 B
372.75 M
Day Typical Price
378.86
48.56
47.78
194.4
379.24
124.54
40.05
15.83
Accumulation Distribution
N/A
0.0166
0.0361
N/A
N/A
N/A
0.025
0.0231
Market Facilitation Index
N/A
0.81
1.75
N/A
N/A
N/A
1.01
0.37
Daily Balance Of Power
(9,223,372,036,855)
(2.72)
(0.23)
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
0.5842
0.4595
Period Momentum Indicator
(8.02)
(2.20)
(0.40)
(1.80)
1.06
(2.73)
0.59
0.17
Rate Of Daily Change
0.98
0.96
0.99
0.99
1.0
0.98
1.01
1.01
Day Median Price
378.86
48.5
47.63
194.4
379.24
124.54
39.94
15.81
Price Action Indicator
(4.01)
(0.92)
0.25
(0.90)
0.53
(1.36)
0.63
0.15
Relative Strength Index
55.38
45.98
50.71
31.91
100.0
42.4
52.62
50.71
Coefficient Of Variation
1122.28
(132,172)
3658.95
(980.49)
812.4
(3,611)
(2,151)
(2,031)
Mean Deviation
0.7689
1.41
1.31
1.21
0.0084
1.24
1.5
1.69
Jensen Alpha
0.1635
(0)
0.0459
(0.19)
(0.01)
(0.07)
(0.1)
(0.14)
Total Risk Alpha
0.111
(0.07)
(0.01)
(0.25)
(0.01)
(0.14)
(0.15)
(0.19)
Sortino Ratio
0.0718
N/A
0.0082
N/A
N/A
N/A
N/A
N/A
Downside Variance
4.03
N/A
3.38
N/A
N/A
N/A
N/A
N/A
Standard Deviation
1.98
2.08
1.73
1.81
0.0345
2.41
1.9
2.29
Kurtosis
19.08
2.73
0.3455
1.91
66.0
6.86
0.1661
1.98
Potential Upside
1.18
3.56
3.16
2.75
N/A
3.69
2.7
4.3
Treynor Ratio
1.28
0.0366
(0.09)
1.98
3.6
0.1934
2.75
(0.20)
Maximum Drawdown
12.79
12.68
8.77
9.8
0.2803
16.52
9.24
14.28
Variance
3.92
4.34
2.98
3.27
0.0012
5.81
3.6
5.23
Market Risk Adjusted Performance
1.29
0.0466
(0.08)
1.99
3.61
0.2034
2.76
(0.19)
Risk Adjusted Performance
0.0766
0.0056
0.0271
(0.08)
(0.12)
(0.02)
(0.03)
(0.03)
Skewness
3.94
0.4706
(0.10)
(0.17)
8.12
(1.56)
0.1286
(0.13)
Semi Deviation
0.5986
N/A
1.76
N/A
N/A
N/A
N/A
N/A
Information Ratio
0.0728
(0.02)
0.0087
(0.12)
(0.81)
(0.04)
(0.06)
(0.06)
Value At Risk
(1.75)
(3.89)
(2.91)
(3.48)
N/A
(5.59)
(3.12)
(3.03)
Expected Short fall
(5.25)
N/A
(1.28)
N/A
N/A
N/A
N/A
N/A
Downside Deviation
2.01
N/A
1.84
N/A
N/A
N/A
N/A
N/A
Semi Variance
0.3583
N/A
3.11
N/A
N/A
N/A
N/A
N/A

EOG Resources Competition Performance Charts

Five steps to successful analysis of EOG Resources Competition

EOG Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by EOG Resources in relation to its competition. EOG Resources' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of EOG Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact EOG Resources' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to EOG Resources, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your EOG Resources position

In addition to having EOG Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Electrical Equipment Thematic Idea Now

Electrical Equipment
Electrical Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electrical Equipment Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in EOG Stock

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:
How To Invest In EOG
Details
Is EOG Stock a good investment?
Details
What is EOG Resources' Net Worth?
Details
Largest Oil & Gas Exploration & Production Companies
View
Largest Oil & Gas E&P Companies
View
Check out EOG Resources Correlation with its peers.
For information on how to trade EOG Stock refer to our How to Trade EOG Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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