EOG Resources Inc
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. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
EOG Resources Inc (EOG) - Net Assets
Latest net assets as of September 2025: $30.29 Billion USD
Based on the latest financial reports, EOG Resources Inc (EOG) has net assets worth $30.29 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($52.20 Billion) and total liabilities ($21.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $30.29 Billion |
| % of Total Assets | 58.02% |
| Annual Growth Rate | 11.85% |
| 5-Year Change | 44.57% |
| 10-Year Change | 126.77% |
| Growth Volatility | 13.67 |
EOG Resources Inc - Net Assets Trend (1989–2024)
This chart illustrates how EOG Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EOG Resources Inc (1989–2024)
The table below shows the annual net assets of EOG Resources Inc from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $29.35 Billion | +4.49% |
| 2023-12-31 | $28.09 Billion | +13.36% |
| 2022-12-31 | $24.78 Billion | +11.72% |
| 2021-12-31 | $22.18 Billion | +9.25% |
| 2020-12-31 | $20.30 Billion | -6.19% |
| 2019-12-31 | $21.64 Billion | +11.76% |
| 2018-12-31 | $19.36 Billion | +18.92% |
| 2017-12-31 | $16.28 Billion | +16.46% |
| 2016-12-31 | $13.98 Billion | +8.02% |
| 2015-12-31 | $12.94 Billion | -26.93% |
| 2014-12-31 | $17.71 Billion | +14.88% |
| 2013-12-31 | $15.42 Billion | +16.06% |
| 2012-12-31 | $13.28 Billion | +5.09% |
| 2011-12-31 | $12.64 Billion | +23.55% |
| 2010-12-31 | $10.23 Billion | +2.34% |
| 2009-12-31 | $10.00 Billion | +10.91% |
| 2008-12-31 | $9.01 Billion | +28.96% |
| 2007-12-31 | $6.99 Billion | +24.83% |
| 2006-12-31 | $5.60 Billion | +29.73% |
| 2005-12-31 | $4.32 Billion | +46.54% |
| 2004-12-31 | $2.95 Billion | +32.48% |
| 2003-12-31 | $2.22 Billion | +32.95% |
| 2002-12-31 | $1.67 Billion | +1.81% |
| 2001-12-31 | $1.64 Billion | +18.96% |
| 2000-12-31 | $1.38 Billion | +22.25% |
| 1999-12-31 | $1.13 Billion | -11.77% |
| 1998-12-31 | $1.28 Billion | -0.05% |
| 1997-12-31 | $1.28 Billion | +1.26% |
| 1996-12-31 | $1.27 Billion | +8.71% |
| 1995-12-31 | $1.16 Billion | +11.53% |
| 1994-12-31 | $1.04 Billion | +11.82% |
| 1993-12-31 | $933.10 Million | +11.88% |
| 1992-12-31 | $834.00 Million | +28.27% |
| 1991-12-31 | $650.20 Million | +6.59% |
| 1990-12-31 | $610.00 Million | +4.76% |
| 1989-12-31 | $582.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EOG Resources Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 43353.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $26.94 Billion | 91.79% |
| Common Stock | $206.00 Million | 0.70% |
| Other Comprehensive Income | $-4.00 Million | -0.01% |
| Other Components | $2.21 Billion | 7.52% |
| Total Equity | $29.35 Billion | 100.00% |
EOG Resources Inc Competitors by Market Cap
The table below lists competitors of EOG Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cintas Corporation
NASDAQ:CTAS
|
$65.93 Billion |
|
Natwest Group PLC
NYSE:NWG
|
$65.95 Billion |
|
Anthem Inc.
LSE:0HG8
|
$65.99 Billion |
|
AXA SA
OTCQX:AXAHF
|
$66.04 Billion |
|
Luckin Coffee Inc.
LSE:0A6U
|
$65.72 Billion |
|
The Travelers Companies Inc
NYSE:TRV
|
$65.63 Billion |
|
National Grid plc
PINK:NGGTF
|
$65.35 Billion |
|
Ross Stores Inc
NASDAQ:ROST
|
$65.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EOG Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,090,000,000 to 29,351,000,000, a change of 1,261,000,000 (4.5%).
- Net income of 6,403,000,000 contributed positively to equity growth.
- Dividend payments of 2,087,000,000 reduced retained earnings.
- Share repurchases of 3,246,000,000 reduced equity.
- Other comprehensive income increased equity by 5,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.40 Billion | +21.82% |
| Dividends Paid | $2.09 Billion | -7.11% |
| Share Repurchases | $3.25 Billion | -11.06% |
| Other Comprehensive Income | $5.00 Million | +0.02% |
| Other Changes | $186.00 Million | +0.63% |
| Total Change | $- | 4.49% |
Book Value vs Market Value Analysis
This analysis compares EOG Resources Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 113.74x to 2.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $1.19 | $135.72 | x |
| 1990-12-31 | $1.01 | $135.72 | x |
| 1991-12-31 | $1.07 | $135.72 | x |
| 1992-12-31 | $1.35 | $135.72 | x |
| 1993-12-31 | $1.44 | $135.72 | x |
| 1994-12-31 | $1.63 | $135.72 | x |
| 1995-12-31 | $1.81 | $135.72 | x |
| 1996-12-31 | $1.93 | $135.72 | x |
| 1997-12-31 | $2.02 | $135.72 | x |
| 1998-12-31 | $2.07 | $135.72 | x |
| 1999-12-31 | $1.99 | $135.72 | x |
| 2000-12-31 | $2.90 | $135.72 | x |
| 2001-12-31 | $3.50 | $135.72 | x |
| 2002-12-31 | $3.57 | $135.72 | x |
| 2003-12-31 | $4.77 | $135.72 | x |
| 2004-12-31 | $6.18 | $135.72 | x |
| 2005-12-31 | $8.85 | $135.72 | x |
| 2006-12-31 | $11.38 | $135.72 | x |
| 2007-12-31 | $14.11 | $135.72 | x |
| 2008-12-31 | $17.99 | $135.72 | x |
| 2009-12-31 | $19.85 | $135.72 | x |
| 2010-12-31 | $20.10 | $135.72 | x |
| 2011-12-31 | $23.73 | $135.72 | x |
| 2012-12-31 | $24.53 | $135.72 | x |
| 2013-12-31 | $28.23 | $135.72 | x |
| 2014-12-31 | $32.29 | $135.72 | x |
| 2015-12-31 | $23.72 | $135.72 | x |
| 2016-12-31 | $25.26 | $135.72 | x |
| 2017-12-31 | $28.14 | $135.72 | x |
| 2018-12-31 | $33.36 | $135.72 | x |
| 2019-12-31 | $37.26 | $135.72 | x |
| 2020-12-31 | $35.07 | $135.72 | x |
| 2021-12-31 | $37.98 | $135.72 | x |
| 2022-12-31 | $42.21 | $135.72 | x |
| 2023-12-31 | $48.10 | $135.72 | x |
| 2024-12-31 | $51.58 | $135.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EOG Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.39%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.61x
- Recent ROE (21.82%) is above the historical average (13.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -1.05% | -2.11% | 0.21x | 2.35x | $-64.33 Million |
| 1990 | 7.46% | 12.25% | 0.26x | 2.32x | $-15.50 Million |
| 1991 | 8.44% | 14.16% | 0.27x | 2.24x | $-10.12 Million |
| 1992 | 11.70% | 21.55% | 0.26x | 2.08x | $14.20 Million |
| 1993 | 14.79% | 24.31% | 0.31x | 1.94x | $44.69 Million |
| 1994 | 14.18% | 23.86% | 0.33x | 1.78x | $43.66 Million |
| 1995 | 12.21% | 21.91% | 0.30x | 1.85x | $25.73 Million |
| 1996 | 11.07% | 19.16% | 0.30x | 1.94x | $13.49 Million |
| 1997 | 9.52% | 15.57% | 0.29x | 2.13x | $-6.10 Million |
| 1998 | 4.39% | 6.95% | 0.27x | 2.36x | $-71.86 Million |
| 1999 | 50.38% | 67.58% | 0.32x | 2.31x | $456.13 Million |
| 2000 | 28.74% | 26.64% | 0.50x | 2.17x | $258.84 Million |
| 2001 | 24.27% | 24.09% | 0.48x | 2.08x | $234.35 Million |
| 2002 | 5.21% | 7.63% | 0.30x | 2.28x | $-80.07 Million |
| 2003 | 19.35% | 23.66% | 0.38x | 2.14x | $207.81 Million |
| 2004 | 21.21% | 27.16% | 0.40x | 1.97x | $330.31 Million |
| 2005 | 29.18% | 34.92% | 0.47x | 1.80x | $827.95 Million |
| 2006 | 23.21% | 36.27% | 0.38x | 1.68x | $739.92 Million |
| 2007 | 15.59% | 26.62% | 0.34x | 1.73x | $390.91 Million |
| 2008 | 27.03% | 34.19% | 0.45x | 1.77x | $1.54 Billion |
| 2009 | 5.47% | 11.42% | 0.26x | 1.81x | $-453.18 Million |
| 2010 | 1.57% | 2.77% | 0.27x | 2.11x | $-862.51 Million |
| 2011 | 8.63% | 12.16% | 0.36x | 1.96x | $-172.97 Million |
| 2012 | 4.29% | 5.16% | 0.40x | 2.06x | $-758.20 Million |
| 2013 | 14.25% | 15.26% | 0.47x | 1.98x | $655.26 Million |
| 2014 | 16.46% | 17.52% | 0.48x | 1.96x | $1.14 Billion |
| 2015 | -34.96% | -52.27% | 0.32x | 2.08x | $-5.82 Billion |
| 2016 | -7.84% | -14.69% | 0.25x | 2.11x | $-2.49 Billion |
| 2017 | 15.86% | 23.05% | 0.38x | 1.83x | $954.25 Million |
| 2018 | 17.66% | 19.90% | 0.51x | 1.75x | $1.48 Billion |
| 2019 | 12.64% | 16.14% | 0.46x | 1.72x | $570.93 Million |
| 2020 | -2.98% | -6.13% | 0.28x | 1.76x | $-2.64 Billion |
| 2021 | 21.03% | 23.71% | 0.51x | 1.72x | $2.45 Billion |
| 2022 | 31.31% | 26.31% | 0.71x | 1.67x | $5.28 Billion |
| 2023 | 27.03% | 32.76% | 0.53x | 1.56x | $4.79 Billion |
| 2024 | 21.82% | 27.39% | 0.50x | 1.61x | $3.47 Billion |
Industry Comparison
This section compares EOG Resources Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EOG Resources Inc (EOG) | $30.29 Billion | -1.05% | 0.72x | $65.92 Billion |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |