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 $131.76, down 0.48% from the previous day, and has increased 10.72% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.03 percentage points. Eog Resources stock is currently +23.93% from its 52-week low of $106.32, and -5.66% from its 52-week high of $139.67.
At the moment, there are 580M EOG shares outstanding. The market cap of EOG is $76.42B. In the last 24 hours, 1.94M 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 Zen 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 10.08x, relative to Oil & Gas E&P industry P/E ratio of 13.12x
- EOG could be overvalued based on its P/B ratio of 2.72x, relative to Oil & Gas E&P industry P/B ratio of 2.11x
- EOG may be overvalued based on its PEG ratio of 1.7x
You can do more valuation research on EOG's stock here.
How do EOG Financials look?
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the EOG balance sheet.
- EOG earnings of $9.84B is not enough to cover its interest payments.
- Total EOG debt is lower than 5 years ago, relative to shareholder equity.
- EOG profit margin has gone up from 30.2% to 31.4% in the past year.
- EOG's operating cash flow of $11.34B allows it to safely service it's debt of $4.12B.
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 0.56.
Is EOG stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 17 sell side analysts who give forecasts on EOG, the consensus analyst rating on EOG is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest EOG Analyst Recommendations
Neal Dingmann, a top 1% analyst from Truist Securities maintains EOG with a strong buy rating and lowers their EOG price target from $165.00 to $163.00, on Apr 5, 2024.
Arun Jayaram, a top 11% analyst from JP Morgan maintains EOG with a hold rating and raises their EOG price target from $134.00 to $141.00, on Mar 28, 2024.
Derrick Whitfield, a top 12% analyst from Stifel Nicolaus maintains EOG with a strong buy rating and lowers their EOG price target from $163.00 to $153.00, on Mar 22, 2024.
Scott Gruber, a top 12% analyst from Citigroup maintains EOG with a hold rating and raises their EOG price target from $120.00 to $124.00, on Mar 18, 2024.
Roger Read, a top 3% analyst from Wells Fargo maintains EOG with a hold rating and raises their EOG price target from $126.00 to $129.00, on Mar 12, 2024.
You can dig deeper into what analysts are saying on the Eog Resources stock forecast page.
Metrics for Advanced EOG Traders
EOG Earnings
Last year, EOG earnings were $7.59B. In the last five year, EOG's earnings have gone up by 17.12% per year. This was faster than the Oil & Gas E&P industry average of 15.49%.
Last year, EOG revenue was $24.19B. In the past five year, EOG's revenue has increased by 6.96% per year. This was slower than the Oil & Gas E&P industry average of 19.65%.
Learn more about EOG's earnings and revenue performance here.
What are EOG insiders up to?
Over the past 12 months, executives and large shareholders at EOG have sold more shares than they have bought.
Lynn A. Dugle, Director of EOG, was the latest EOG insider to buy. They bought $2,205.90 worth of EOG shares on Mar 1, 2024.
Learn more about who owns EOG stock here.
Can I get consistent income from EOG stock?
Eog Resources pays a dividend of 3.77%, compared to the Oil & Gas E&P industry's average dividend yield of 3.64%. If you owned $1,000 worth of EOG stock, you would have been paid $37.72 last year.
Eog Resources dividend payments have consistently grown over the past decade but have not remained stable.
Get more data about Eog Resources dividend yield and history here.
What others are saying about EOG
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your EOG trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Press the Open Trade button and your broker will place your order.
If you require additional assistance buying stocks on eToro, click the how to video below:
Step 6: Watch your EOG position
Now that you own some EOG stock, you'll want to keep up with your shares.
Start a watchlist to get the latest updates about your EOG stock.
EOG Feed
How to Buy Stock in Eog Resources
To summarize, here are the 6 steps to buy Eog Resources stock:
- 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 place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Eog Resources, add EOG to your watchlist below.
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