How to Buy Eog Resources Stock
Eog Resources Inc
Eog Resources is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker EOG on the NYSE exchange.
Eog Resources stock last closed at $134.49, up 2.34% from the previous day, and has increased 19.93% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.24 percentage points. Eog Resources stock is currently +23.45% from its 52-week low of $108.94, and -3.71% from its 52-week high of $139.67.
At the moment, there are 562.45M EOG shares outstanding. The market cap of EOG is $75.64B. In the last 24 hours, 5.52M EOG shares were traded.
How to Buy Eog Resources Stock
Wondering how to invest in Eog Resources stock? Here's how.
- Choose where to buy Eog Resources stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Eog Resources stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your payment method and add your details.
- Research Eog Resources stock: The Eog Resources ticker symbol is EOG. Is Eog Resources stock a good investment? Should you buy shares of EOG? How do EOG's underlying business fundamentals look? Do top analysts think Eog Resources is a good buy? Why has EOG's stock price moved recently? (Hint: Our stock analysis website can help you understand if EOG is a good stock to buy).
- Place your EOG trade: Decide if you will purchase EOG shares at the current market price or use a limit order to purchase EOG stock at a given price.
- Watch your EOG position: Create a watchlist to track your new investment in Eog Resources stock.
Step 1: Choose where to buy Eog Resources stock
You will need an online brokerage account in order to access the NYSE market and buy EOG stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you are able to buy EOG today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on a investment app, you need to deposit funds:
Watch the video below for more details depositing funds into your new brokerage account.
Step 4: Research Eog Resources stock
Once you have chosen the best place to buy Eog Resources stock, it's critical to research their stock before you invest, so you truly comprehend the risk as well as the opportunity.
Overview of key EOG info
EOG Due Diligence Score
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on EOG's stock page.
How is EOG stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge EOG's true value.
Using relative valuations metrics:
- EOG could be undervalued based on its P/E ratio of 10.79x, relative to Oil & Gas E&P industry P/E ratio of 17.67x
- EOG could be overvalued based on its P/B ratio of 2.56x, relative to Oil & Gas E&P industry P/B ratio of 1.81x
You can do more valuation research on EOG's stock here.
Is EOG a healthy company?
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the EOG balance sheet.
- Total EOG debt is lower than 5 years ago, relative to shareholder equity.
- EOG earnings of $9.26B is not enough to cover its interest payments.
- EOG's operating cash flow of $12.48B allows it to safely service it's debt of $4.11B.
Failed Health Checks:
- EOG profit margin has gone down from 32.1% to 29.2% in the past year.
- There are more long-term liabilities than short-term assets on the EOG balance sheet.
- EOG has a relatively high debt to equity ratio of 0.56.
Is EOG stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 17 Equities analysts who give ratings on EOG, the consensus analyst rating on Eog Resources is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent EOG Analyst Forecasts
John Freeman, a top 1% analyst from Raymond James maintains EOG with a strong buy rating and raises their EOG price target from $156.00 to $167.00, on Nov 21, 2024.
Neal Dingmann, a top 1% analyst from Truist Securities maintains EOG with a hold rating and raises their EOG price target from $115.00 to $135.00, on Nov 12, 2024.
Tim Rezvan, a top 32% analyst from KeyBanc maintains EOG with a strong buy rating and lowers their EOG price target from $157.00 to $150.00, on Oct 16, 2024.
Paul Cheng, a top 16% analyst from ScotiaBank maintains EOG with a hold rating and lowers their EOG price target from $150.00 to $140.00, on Oct 10, 2024.
Betty Jiang, a bottom 10% analyst from Barclays maintains EOG with a hold rating and lowers their EOG price target from $144.00 to $137.00, on Oct 3, 2024.
You can dive deeper into what analysts are forecasting on the Eog Resources stock forecast page.
EOG Momentum
EOG Earnings
Last year, EOG earnings were $7.14B. Over the past five year, EOG's earnings have increased by 19.21% per year. This was faster than the Oil & Gas E&P industry average of 17.62%.
Last year, EOG revenue was $24.47B. Over the past 5 year, EOG's revenue has increased by 6.77% per year. This was slower than the Oil & Gas E&P industry average of 10.55%.
You can research EOG's earnings and revenue performance here.
Are EOG insiders buying or selling the stock?
In the last 12 months, insiders at EOG have sold more shares than they have bought.
Michael P. Donaldson, EVP Gen. Counsel Corp Sec. of EOG, was the latest EOG insider to buy. They bought $10,210.91 worth of EOG shares on Dec 31, 2024.
Research more about who owns EOG shares here.
Does EOG provide a stable income stream?
Eog Resources pays a dividend of 2.71%, compared to the Oil & Gas E&P industry's average dividend yield of 3.42%. If you owned $1,000 of EOG stock, you would have been paid $27.07 in the past 12 months.
Eog Resources dividend payments have consistently grown over the past decade but have not remained stable.
Get more info about Eog Resources dividend yield and history here.
Get opinions from other investors
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Step 5: Place your EOG trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Click the Open button and your broker will execute the order.
If you need more help with buying stocks on eToro, click the how to video below:
Step 6: Watch your EOG position
Now that you own some shares in EOG, you'll want to keep up with your shares.
Put EOG on a watchlist to get notified of the latest news about your EOG stock.
EOG Feed
How to Buy Stock in Eog Resources
To summarize, here are the 6 steps to buy stock in Eog Resources:
- Choose where to buy Eog Resources stock
- Open a brokerage account
- Deposit money your investment account
- Research Eog Resources stock
- Place your EOG trade
- Watch your EOG position
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your investment in Eog Resources, create a watchlist on WallStreetZen today.
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