Stock Analysis on Net

EOG Resources Inc. (NYSE:EOG)

$22.49

This company has been moved to the archive! The financial data has not been updated since February 27, 2020.

Price to Book Value (P/BV)
since 2005

Microsoft Excel

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Calculation

EOG Resources Inc., P/BV, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of EOG Resources Inc. Annual Report.


Share Price
The share price exhibits significant volatility over the period analyzed. Starting at $34.93 in early 2006, the price experienced a sharp increase to $62.37 by early 2008, followed by a steep decline to $26.02 in 2009. Thereafter, there was a general upward trend reaching a peak of $106.94 in early 2018. However, from this peak, the share price declined to $60 by early 2020, indicating considerable fluctuations possibly due to market or company-specific factors.
Book Value Per Share (BVPS)
The book value per share steadily increased throughout the period, rising from $8.90 in early 2006 to $37.18 in early 2020. The growth in BVPS appears consistent year over year without significant reversals, indicating a strong accumulation of net assets or retained earnings on a per-share basis.
Price to Book Value (P/BV) Ratio
The P/BV ratio shows marked variability. It began at 3.93 in 2006, then decreased to 1.44 in 2009, aligning with the period of lower share price and rising book value per share. Following 2009, the ratio climbed again, reaching a high of 4.04 in 2017. After this peak, the ratio declined sharply to 1.61 by 2020, reflecting a substantial adjustment in market valuation relative to the book value. This suggests fluctuating investor sentiment or shifts in perceived value of the company’s equity over the years.
Overall Insights
The data indicates an overall increase in the company’s fundamental book value alongside significant fluctuations in market share price and valuation multiples. The divergence between rising BVPS and volatile share prices may highlight periods of market re-rating or external market conditions impacting perceived equity value. The declining P/BV ratio towards 2020 could imply increasing market caution or reevaluation of asset values relative to their book values.

Comparison to Competitors

EOG Resources Inc., P/BV, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Oil, Gas & Consumable Fuels)

EOG Resources Inc., P/BV, long-term trends, comparison to sector (oil, gas & consumable fuels)

Microsoft Excel

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Industry (Energy)