Long-term (Investment) Activity Analysis

Difficulty: Beginner


Ratios (Summary)

EOG Resources Inc., long-term (investment) activity ratios

 
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Net fixed asset turnover 0.44 0.30 0.36 0.62 0.55
Total asset turnover 0.38 0.26 0.32 0.52 0.47
Equity turnover 0.69 0.55 0.68 1.02 0.94

Source: Based on data from EOG Resources Inc. Annual Reports

Ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. EOG Resources Inc.'s net fixed asset turnover deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. EOG Resources Inc.'s total asset turnover deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level.
Equity turnover An activity ratio calculated as total revenue divided by shareholders' equity. EOG Resources Inc.'s equity turnover deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level.

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Net Fixed Asset Turnover

EOG Resources Inc., net fixed asset turnover calculation, comparison to benchmarks

 
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Selected Financial Data (USD $ in thousands)
Net operating revenues and other 11,208,320  7,650,632  8,757,428  18,035,340  14,487,118 
Property, plant and equipment, net 25,665,037  25,707,078  24,210,721  29,172,644  26,148,836 
Ratio
Net fixed asset turnover1 0.44 0.30 0.36 0.62 0.55
Benchmarks
Net Fixed Asset Turnover, Competitors
Chevron Corp. 0.76 0.60 0.69 1.09 1.34
ConocoPhillips 0.64 0.41 0.44 0.70 0.75
Exxon Mobil Corp. 0.94 0.90 1.03 1.56 1.73
Occidental Petroleum Corp. 0.40 0.31 0.39 0.49 0.44
Phillips 66 4.77 4.04 5.02 9.29 11.14
Net Fixed Asset Turnover, Sector
Oil & Gas Producers 0.95 0.81 0.93 1.42 1.57
Net Fixed Asset Turnover, Industry
Oil & Gas 0.96 0.82 0.95 1.42 1.55

Source: Based on data from EOG Resources Inc. Annual Reports

2017 Calculations

1 Net fixed asset turnover = Net operating revenues and other ÷ Property, plant and equipment, net
= 11,208,320 ÷ 25,665,037 = 0.44

Ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. EOG Resources Inc.'s net fixed asset turnover deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level.

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Total Asset Turnover

EOG Resources Inc., total asset turnover calculation, comparison to benchmarks

 
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Selected Financial Data (USD $ in thousands)
Net operating revenues and other 11,208,320  7,650,632  8,757,428  18,035,340  14,487,118 
Total assets 29,833,078  29,459,433  26,975,244  34,762,687  30,574,238 
Ratio
Total asset turnover1 0.38 0.26 0.32 0.52 0.47
Benchmarks
Total Asset Turnover, Competitors
Chevron Corp. 0.53 0.42 0.49 0.75 0.87
ConocoPhillips 0.40 0.26 0.30 0.45 0.46
Exxon Mobil Corp. 0.68 0.66 0.77 1.13 1.21
Occidental Petroleum Corp. 0.30 0.23 0.29 0.34 0.35
Phillips 66 1.88 1.63 2.04 3.31 3.45
Total Asset Turnover, Sector
Oil & Gas Producers 0.66 0.57 0.66 0.97 1.04
Total Asset Turnover, Industry
Oil & Gas 0.60 0.52 0.61 0.89 0.96

Source: Based on data from EOG Resources Inc. Annual Reports

2017 Calculations

1 Total asset turnover = Net operating revenues and other ÷ Total assets
= 11,208,320 ÷ 29,833,078 = 0.38

Ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. EOG Resources Inc.'s total asset turnover deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level.

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Equity Turnover

EOG Resources Inc., equity turnover calculation, comparison to benchmarks

 
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Selected Financial Data (USD $ in thousands)
Net operating revenues and other 11,208,320  7,650,632  8,757,428  18,035,340  14,487,118 
Stockholders' equity 16,283,273  13,981,581  12,943,035  17,712,582  15,418,459 
Ratio
Equity turnover1 0.69 0.55 0.68 1.02 0.94
Benchmarks
Equity Turnover, Competitors
Chevron Corp. 0.91 0.76 0.85 1.29 1.48
ConocoPhillips 0.95 0.68 0.74 1.01 1.04
Exxon Mobil Corp. 1.26 1.31 1.52 2.26 2.42
Occidental Petroleum Corp. 0.61 0.47 0.51 0.55 0.57
Phillips 66 4.08 3.76 4.28 7.47 7.82
Equity Turnover, Sector
Oil & Gas Producers 1.23 1.12 1.27 1.86 1.99
Equity Turnover, Industry
Oil & Gas 1.17 1.04 1.20 1.73 1.91

Source: Based on data from EOG Resources Inc. Annual Reports

2017 Calculations

1 Equity turnover = Net operating revenues and other ÷ Stockholders' equity
= 11,208,320 ÷ 16,283,273 = 0.69

Ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders' equity. EOG Resources Inc.'s equity turnover deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level.

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