EOG Resources, Inc. (NYSE:EOG) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of EOG, it is a dependable dividend payer that has been able to sustain great financial health over the past. Below, I've touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, read the full report on EOG Resources here.
Excellent balance sheet established dividend payer
EOG is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that EOG manages its cash and cost levels well, which is a crucial insight into the health of the company. EOG appears to have made good use of debt, producing operating cash levels of 1.68x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
Income investors would also be happy to know that EOG is a great dividend company, with a current yield standing at 1.7%. EOG has also been regularly increasing its dividend payments to shareholders over the past decade.
For EOG Resources, I've put together three key factors you should look at:
- Future Outlook: What are well-informed industry analysts predicting for EOG’s future growth? Take a look at our free research report of analyst consensus for EOG’s outlook.
- Historical Performance: What has EOG's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of EOG? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.