EOG Resources, Inc.


SKU: EOG Category:


EOG Resources, Inc.: Can Its Investment in Organic Exploration Drive Growth?


EOG Resources had an impressive financial performance in Q4 and 2023, primarily characterized by strong volume growth, the delivery of their production milestone, and the generation of significant free cash flow. EOG achieved their production milestone, producing more than 1 million barrels of oil equivalent per day, beating their volume targets. Their adjusted net income was $6.8 billion, a return on capital employed of 31%. Importantly, they generated $5.1 billion of free cash flow and returned more than 85% of that free cash flow to shareholders, effectively outpacing their cash return commitment. They also increased their regular dividend by 10% to an annualized rate of $3.64 per share, one of the highest amidst their peers. They generated about $20 billion of adjusted net income over the last three years and returned over $12 billion to shareholders.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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