WallStreetZenWallStreetZen
NYSE: EOG

How to Buy Eog Resources Stock

Open Broker Account

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 $124.57, down 1.26% from the previous day, and has increased 38.29% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.1 percentage points. Eog Resources stock is currently +54.42% from its 52-week low of $80.67, and -17.44% from its 52-week high of $150.88.

At the moment, there are 587.39M EOG shares outstanding. The market cap of EOG is $73.17B. In the last 24 hours, 4.77M EOG shares were traded.

How to Buy Eog Resources Stock

Wondering how to invest in Eog Resources stock? Here's how.
  1. 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.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found. It's the best place to buy EOG stock.
  3. Deposit money your investment account: Select your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best online stock brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to world financial markets: From Tech to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by creating an account with eToro now.

Open eToro Account

Step 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

  1. Click here to get started.
  2. Input your personal info to start a new brokerage account.
  1. Send your data by clicking the "Create Account" button.
Get started with eToro today

Step 3: Deposit money your investment account

Check out this video walkthrough to see the process of depositing funds into your new brokerage account.

Get started with eToro today

Step 4: Research Eog Resources stock

It's crucial to research stocks before you invest, so you can understand the risk as well as the opportunity.

Eog Resources Metrics

EOG Price
$124.57
1w %
-11.36%
1y %
38.29%
5y %
24.09%
P/E
9.72x
P/B
3.07x
P/S
2.9x
PEG
2.33x
Revenue
$25.03B
Earnings
$7.47B
Fore. Rev. Growth
2.8%
Fore. Earn. Growth
4.17%
Market Cap
$73.17B
Next Earnings
N/A
Next Dividend
Dec 30, 2022

Fundamentals of EOG

WallStreetZen was created to help average investors perform more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on EOG's stock page.

Is EOG stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge EOG's intrinsic value.

Using relative valuations measures:

  • EOG could be overvalued based on its P/E ratio of 9.72x, relative to Oil & Gas E&P industry P/E ratio of 7.77x
  • EOG could be overvalued based on its P/B ratio of 3.07x, relative to Oil & Gas E&P industry P/B ratio of 2.29x
  • EOG may be overvalued based on its PEG ratio of 2.33x

You can do more valuation analysis on EOG's stock here.

EOG Financial Overview

Passed Health Checks:

  • EOG's operating cash flow of $10.82B allows it to safely service it's debt of $5.32B.
  • 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 $9.72B is not enough to cover its interest payments.
  • EOG profit margin has gone up from 19.4% to 29.8% in the past year.

Failed Health Checks:

  • 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 0.7.

Is it a good time to buy EOG stock?

Out of 20 Wall Street analysts who monitor EOG, the consensus analyst rating on Eog Resources is a Strong Buy

Should I buy or sell EOG stock?

Based on 20 analysts offering ratings for Eog Resources Inc.
Strong Buy
Strong Buy
16 analysts 80%
Buy
1 analysts 5%
Hold
3 analysts 15%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Most Recent EOG Analyst Upgrades/Downgrades

Charles Meade, a top 9% analyst from Johnson Rice downgrades EOG to a hold rating and lowers their EOG price target from $177.00 to $163.00, on Dec 5, 2022.

John Freeman, a top 1% analyst from Raymond James maintains EOG with a strong buy rating and raises their EOG price target from $155.00 to $171.00, on Nov 28, 2022.

Freeman raised his price target on EOG Resources, Inc. by 10.3% following the release of the company's Q3 2022 earnings report earlier this month (2022/11/03).

EOG posted another "steady quarter operationally," the analyst summarized.

Production at 919 MBoe/d beat analysts' expectations by 1% on the back of strong NGL (Natural Gas Liquids) production, Freeman detailed.

For Q3 2022, EOG Resources reported:

  • EPS of $3.71, which missed the Zacks Consensus Estimate of $3.75 but beat, by 71.8%, Q3 2021's $2.16.
  • Revenue of $7.593B, which beat the Zacks Consensus Estimate of $7.189B and Q3 2021's $4.765B by 59.3%.
  • Total crude oil, NGLs, and natural gas production of 919.2 MBoe/d, above the midpoint of management's prior guidance (897.7 MBoe/d).
  • The Board of Directors declared a regular dividend of $0.825, up 10% from the previous dividend, as well as a special dividend of $1.50 per share.

Management provided detailed production and Capex guidance for Q4 and FY 2022 here.

Chairman & CEO Ezra Yacob commented: "EOG continues to get better. The decision to increase the regular dividend by 10% reflects our confidence in EOG's future.

"EOG is well positioned to improve returns going forward from an existing asset base of low-cost-of-supply wells, augmented by a growing roster of new emerging plays.

"We remain committed to returning cash through a sustainable, growing regular dividend, which is supported by our low-cost structure and an impeccable balance sheet - now in a net cash positive position.

"EOG is in a better position than ever to deliver value for our shareholders and play a significant role in the long-term future of energy."

Mark Lear, a top 6% analyst from Piper Sandler maintains EOG with a strong buy rating and raises their EOG price target from $165.00 to $179.00, on Nov 17, 2022.

Scott Hanold, a top 4% analyst from RBC Capital maintains EOG with a hold rating and raises their EOG price target from $155.00 to $158.00, on Nov 11, 2022.

William Janela, a top 2% analyst from Credit Suisse maintains EOG with a buy rating and raises their EOG price target from $150.00 to $160.00, on Nov 4, 2022.

You can dive deeper into what analysts are forecasting on the Eog Resources stock forecast page.

EOG Momentum

SMA10
135.47
SMA20
139.67
SMA50
133.91
SMA100
124.27
SMA200
122.04
MACD
-1.82
MACD Signal
0.76
MACD Histogram
-2.58
RSI
33.82
Stochastic %K
4.98
Stochastic %D
8.93
StochRSI %K
0
StochRSI %D
1.52

Is EOG Growing Revenue?

Last year, EOG earnings were $7.47B. In the last five year, EOG's earnings have gone up by 264.23% per year. This was faster than the Oil & Gas E&P industry average of 111.61%.

Last year, EOG revenue was $25.03B. During the past five year, EOG's revenue has gone up by 19.5% per year. This was slower than the Oil & Gas E&P industry average of 27.18%.

You can analyze EOG's earnings and revenue performance here.

Are EOG insiders buying or selling the stock?

Over the last 12 months, insiders at EOG have sold more shares than they have bought.

Lloyd W. Helms Jr., President COO of EOG, was the latest EOG insider to sell. They sold $10,769.96 worth of EOG stock on Nov 30, 2022.

Dig into more about who owns EOG stock here.

Can I rely on EOG as an income stream?

Eog Resources pays a dividend of 7.47%, compared to the Oil & Gas E&P industry's average dividend yield of 4.28%. If you owned $1,000 worth of EOG stock, you would have received $74.66 in the past year.

Eog Resources dividend payments have consistently grown over the past decade but have not remained stable.

Dig into more info about Eog Resources dividend yield and history here.

What do other investors have to say about EOG?

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your EOG trade

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.

Press the Open Trade button and your broker will place the order.

If you need additional info about buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Watch your EOG position

Now that you own some EOG stock, you'll want to stay up-to-date on your new company.

Make a watchlist to see the latest developments about your EOG stock.

EOG Feed

How to Buy Stock in Eog Resources

To summarize, here are the 6 steps for buying Eog Resources stock:

  1. Choose where to buy Eog Resources stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Research Eog Resources stock
  5. Place your EOG trade
  6. Watch your EOG position

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today

If you would like to get the latest scoop on your investment in Eog Resources, get started below.

NYSE: EOG
$124.57-1.59 (-1.26%)
Updated Dec 8, 2022
Open eToro Account
NYSE: EOG
$124.57-1.59 (-1.26%)
Updated Dec 8, 2022
Open eToro Account

FAQ

How much does it cost to buy one Eog Resources share?

As of Dec 8, 2022, it costs $124.57 to buy one share of Eog Resources stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.08 shares of EOG.

Get Started with eToro Today

Is now a good time to buy Eog Resources stock?

According to 20 Wall Street analysts who monitor Eog Resources, their consensus recommendation is to buy Eog Resources stock.

What is the best way to buy Eog Resources stock?

The best way to buy Eog Resources stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.